Lower middle income | General government final consumption expenditure (% of GDP)
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. 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
Lower middle income
Records
63
Source
Lower middle income | General government final consumption expenditure (% of GDP)
9.66029239 1960
9.6139919 1961
10.37786626 1962
11.33046404 1963
11.11561183 1964
11.87498254 1965
12.46304588 1966
12.07168755 1967
12.65206778 1968
12.84801293 1969
12.92487718 1970
14.43115454 1971
14.85356961 1972
13.85609187 1973
14.46449535 1974
16.01399515 1975
16.32760724 1976
16.00433214 1977
16.68433268 1978
15.86757572 1979
15.40700016 1980
13.22417903 1981
13.73703635 1982
14.2921269 1983
14.58345182 1984
15.23787716 1985
16.13190321 1986
15.74214137 1987
15.81158631 1988
15.12125033 1989
14.28529402 1990
13.7898943 1991
13.95074586 1992
13.64728493 1993
12.84664088 1994
12.23283631 1995
11.56593251 1996
11.98753577 1997
11.96646576 1998
13.08413919 1999
12.6300773 2000
12.57031044 2001
12.26537998 2002
12.09362539 2003
11.59643656 2004
11.47933011 2005
11.24953783 2006
10.91004804 2007
11.25291446 2008
12.23082396 2009
11.86461932 2010
12.42448498 2011
12.35186729 2012
12.03997228 2013
11.76551648 2014
11.95920177 2015
12.01412229 2016
12.14576715 2017
11.8060258 2018
11.72108922 2019
12.19332646 2020
12.04843249 2021
11.76542641 2022
Lower middle income | General government final consumption expenditure (% of GDP)
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. 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
Lower middle income
Records
63
Source