Low & middle 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 & middle income
Records
63
Source
Low & middle income | General government final consumption expenditure (current US$)
year value
1960 35653045876.479
1961 36501210275.779
1962 36450525116.504
1963 42383154770.569
1964 47226796618.151
1965 52906959877.875
1966 55546856039.303
1967 54915814954.685
1968 59400454081.762
1969 67674978423.121
1970 75081683227.515
1971 86620153255.009
1972 98861774723.816
1973 118528546071.66
1974 150263047026.17
1975 182361815225.04
1976 200936991850.84
1977 222408989580.5
1978 266356398891.55
1979 317097532947.51
1980 374860618938.21
1981 399475286282.84
1982 401297675873.36
1983 409330417254.73
1984 422703109458.35
1985 426423303821.41
1986 449302507290.28
1987 462512391328.34
1988 480433264435.94
1989 503946635935.49
1990 554895681016.7
1991 504493888894.1
1992 511317892417.34
1993 611776126904.21
1994 619604103229.92
1995 713780456560.82
1996 762030718605.22
1997 823459791469.34
1998 806855803917.54
1999 775831260561.1
2000 836250656950.93
2001 856159990673.73
2002 874905014106.66
2003 974615001619.65
2004 1132754073946.8
2005 1346930586107.4
2006 1600358040134.1
2007 1984478815122
2008 2410481330993
2009 2514384100568.8
2010 2971210691670.9
2011 3575725418294.8
2012 3855533814996.3
2013 4126472856245.4
2014 4235082961399.9
2015 4062373411635.1
2016 4117885152195.2
2017 4516472477027.6
2018 4779760869447.8
2019 4937237466879.8
2020 4965164944324.7
2021 5595309212199.7
2022 5874234868763.7

Low & middle 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 & middle income
Records
63
Source