Low income | General government final consumption expenditure (current US$)
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Low income
Records
63
Source
Low income | General government final consumption expenditure (current US$)
1960
1961
1962
1963
1964
1965
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1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
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1989
1990 15360365223.136
1991 19627505273.754
1992 17124577174.283
1993 18260051740.482
1994 19994062526.881
1995 17997261558.608
1996 17466349707.105
1997 18464145975.189
1998 19897121622.011
1999 19417186949.057
2000 23575502057.131
2001 25290777584.531
2002 26726560137.576
2003 31090439671.373
2004 40024158957.512
2005 42742517349.978
2006 44878306572.519
2007 57392675957.27
2008 63256019110.005
2009 66347273296.217
2010 77825118078.679
2011 47853433838.921
2012 42970805214.968
2013 43461203773.266
2014 47187188945.436
2015 45494011261.427
2016 45068730082.671
2017 49768747141.44
2018 45248643065.485
2019 47409505330.223
2020 49896916698.037
2021 50920227232.686
2022 60354418356.865
Low income | 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
Low income
Records
63
Source