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)
1960 11.02338746
1961 11.51038742
1962 10.7027724
1963 10.72647489
1964 11.15973742
1965 10.02654084
1966 10.3645786
1967 10.03176726
1968 9.97217069
1969 11.15269378
1970 11.47994467
1971 11.96990424
1972 12.01743537
1973 10.19178138
1974 11.69647173
1975 12.36654804
1976 12.90801235
1977 12.48876947
1978 6.73179538
1979 6.95486425
1980 8.19019385
1981 8.91467288
1982 8.88315216
1983 9.01334138
1984 8.91093004
1985 9.02783445
1986 9.57232076
1987 9.53877674
1988 9.51042345
1989 9.36282027
1990 8.0075421
1991 7.15742988
1992 7.98749944
1993 7.49149807
1994 7.12162953
1995 6.81525713
1996 7.37862241
1997 7.18689611
1998 8.25635683
1999 9.47979854
2000 13.40847337
2001 14.68741054
2002 14.97554321
2003 14.9208292
2004 15.01075801
2005 15.5226142
2006 15.00378112
2007 16.60237396
2008 17.11482759
2009 18.69973827
2010 17.92643157
2011 16.06436839
2012 16.20178304
2013 16.73381325
2014 15.33231155
2015 14.30524677
2016 14.11393609
2017 13.49841646
2018 13.46225149
2019 13.4889921
2020 14.97419646
2021 14.62001526
2022 14.20822069

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