Low & middle income | General government final consumption expenditure (current US$)
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Low & middle income
Records
63
Source
Low & middle income | General government final consumption expenditure (current US$)
35653045876.479 1960
36501210275.779 1961
36450525116.504 1962
42383154770.569 1963
47226796618.151 1964
52906959877.875 1965
55546856039.303 1966
54915814954.685 1967
59400454081.762 1968
67674978423.121 1969
75081683227.515 1970
86620153255.009 1971
98861774723.816 1972
118528546071.66 1973
150263047026.17 1974
182361815225.04 1975
200936991850.84 1976
222408989580.5 1977
266356398891.55 1978
317097532947.51 1979
374860618938.21 1980
399475286282.84 1981
401297675873.36 1982
409330417254.73 1983
422703109458.35 1984
426423303821.41 1985
449302507290.28 1986
462512391328.34 1987
480433264435.94 1988
503946635935.49 1989
554895681016.7 1990
504493888894.1 1991
511317892417.34 1992
611776126904.21 1993
619604103229.92 1994
713780456560.82 1995
762030718605.22 1996
823459791469.34 1997
806855803917.54 1998
775831260561.1 1999
836250656950.93 2000
856159990673.73 2001
874905014106.66 2002
974615001619.65 2003
1132754073946.8 2004
1346930586107.4 2005
1600358040134.1 2006
1984478815122 2007
2410481330993 2008
2514384100568.8 2009
2971210691670.9 2010
3575725418294.8 2011
3855533814996.3 2012
4126472856245.4 2013
4235082961399.9 2014
4062373411635.1 2015
4117885152195.2 2016
4516472477027.6 2017
4779760869447.8 2018
4937237466879.8 2019
4965164944324.7 2020
5595309212199.7 2021
5874234868763.7 2022
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