Luxembourg | 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
Grand Duchy of Luxembourg
Records
63
Source
Create chart Download showed records Download Full dataset
Luxembourg | General government final consumption expenditure (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
10.60986084 1970
11.83204945 1971
11.87156075 1972
11.38998803 1973
11.57609332 1974
15.08258172 1975
14.88179608 1976
16.04125802 1977
15.80163659 1978
16.14130881 1979
16.85710272 1980
17.58707175 1981
16.60274444 1982
15.93555855 1983
15.52111916 1984
15.90180369 1985
15.54451412 1986
16.43895367 1987
15.6311374 1988
15.22730703 1989
15.57546265 1990
15.08223229 1991
15.68971782 1992
15.59525974 1993
15.15354445 1994
15.70156018 1995
16.06018749 1996
15.73791544 1997
15.26468067 1998
14.98804322 1999
14.49547588 2000
15.33322035 2001
15.95583544 2002
16.36937515 2003
16.37560618 2004
16.58242568 2005
15.17136846 2006
14.42886668 2007
14.48921744 2008
16.08100773 2009
15.78580051 2010
16.04478991 2011
16.30409061 2012
16.3503423 2013
16.05145356 2014
15.96816419 2015
15.6742178 2016
16.21936089 2017
16.80366668 2018
17.23898833 2019
18.47245626 2020
17.47194547 2021
17.63871326 2022
Luxembourg | 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
Grand Duchy of Luxembourg
Records
63
Source
Create chart Download showed records Download Full dataset