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

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