Lesotho | General government final consumption expenditure (current US$)
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Kingdom of Lesotho
Records
63
Source
Lesotho | General government final consumption expenditure (current US$)
5739997.7040009 1960
7559996.9760012 1961
7979996.8080013 1962
7979996.8080013 1963
7979996.8080013 1964
9659996.1360015 1965
7139997.1440011 1966
9519996.1920015 1967
8679996.5280014 1968
8539996.5840014 1969
5599997.7600009 1970
8389062.3405204 1971
10406842.498943 1972
11528058.574066 1973
16188921.773658 1974
21636006.642254 1975
21850005.462501 1976
25300006.325002 1977
35650008.912502 1978
47504640.60958 1979
94028124.093196 1980
90745868.945869 1981
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622480325.71769 2007
677444078.1952 2008
756981458.10188 2009
891948851.0615 2010
984709844.48822 2011
978853239.1622 2012
959947819.50835 2013
948063036.3664 2014
871761748.69195 2015
837824419.69404 2016
915328246.0463 2017
972984305.63991 2018
901117166.59537 2019
762513751.50714 2020
835306750.71207 2021
782258767.34221 2022
Lesotho | General government final consumption expenditure (current US$)
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. Data are in current U.S. dollars. 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
Kingdom of Lesotho
Records
63
Source