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
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
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1987
1988
1989
15360365223.136 1990
19627505273.754 1991
17124577174.283 1992
18260051740.482 1993
19994062526.881 1994
17997261558.608 1995
17466349707.105 1996
18464145975.189 1997
19897121622.011 1998
19417186949.057 1999
23575502057.131 2000
25290777584.531 2001
26726560137.576 2002
31090439671.373 2003
40024158957.512 2004
42742517349.978 2005
44878306572.519 2006
57392675957.27 2007
63256019110.005 2008
66347273296.217 2009
77825118078.679 2010
47853433838.921 2011
42970805214.968 2012
43461203773.266 2013
47187188945.436 2014
45494011261.427 2015
45068730082.671 2016
49768747141.44 2017
45248643065.485 2018
47409505330.223 2019
49896916698.037 2020
50920227232.686 2021
60354418356.865 2022
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