Honduras | General government final consumption expenditure (% of GDP)
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of Honduras
Records
63
Source
Honduras | General government final consumption expenditure (% of GDP)
11.02338746 1960
11.51038742 1961
10.7027724 1962
10.72647489 1963
11.15973742 1964
10.02654084 1965
10.3645786 1966
10.03176726 1967
9.97217069 1968
11.15269378 1969
11.47994467 1970
11.96990424 1971
12.01743537 1972
10.19178138 1973
11.69647173 1974
12.36654804 1975
12.90801235 1976
12.48876947 1977
6.73179538 1978
6.95486425 1979
8.19019385 1980
8.91467288 1981
8.88315216 1982
9.01334138 1983
8.91093004 1984
9.02783445 1985
9.57232076 1986
9.53877674 1987
9.51042345 1988
9.36282027 1989
8.0075421 1990
7.15742988 1991
7.98749944 1992
7.49149807 1993
7.12162953 1994
6.81525713 1995
7.37862241 1996
7.18689611 1997
8.25635683 1998
9.47979854 1999
13.40847337 2000
14.68741054 2001
14.97554321 2002
14.9208292 2003
15.01075801 2004
15.5226142 2005
15.00378112 2006
16.60237396 2007
17.11482759 2008
18.69973827 2009
17.92643157 2010
16.06436839 2011
16.20178304 2012
16.73381325 2013
15.33231155 2014
14.30524677 2015
14.11393609 2016
13.49841646 2017
13.46225149 2018
13.4889921 2019
14.97419646 2020
14.62001526 2021
14.20822069 2022
Honduras | General government final consumption expenditure (% of GDP)
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of Honduras
Records
63
Source