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$)
1960 5739997.7040009
1961 7559996.9760012
1962 7979996.8080013
1963 7979996.8080013
1964 7979996.8080013
1965 9659996.1360015
1966 7139997.1440011
1967 9519996.1920015
1968 8679996.5280014
1969 8539996.5840014
1970 5599997.7600009
1971 8389062.3405204
1972 10406842.498943
1973 11528058.574066
1974 16188921.773658
1975 21636006.642254
1976 21850005.462501
1977 25300006.325002
1978 35650008.912502
1979 47504640.60958
1980 94028124.093196
1981 90745868.945869
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007 622480325.71769
2008 677444078.1952
2009 756981458.10188
2010 891948851.0615
2011 984709844.48822
2012 978853239.1622
2013 959947819.50835
2014 948063036.3664
2015 871761748.69195
2016 837824419.69404
2017 915328246.0463
2018 972984305.63991
2019 901117166.59537
2020 762513751.50714
2021 835306750.71207
2022 782258767.34221

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