Macao SAR, China | 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
Macao Special Administrative Region of the People's Republic of China
Records
63
Source
Macao SAR, China | General government final consumption expenditure (current US$)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982 66336504.689413
1983 64173269.435156
1984 80519205.75955
1985 98264223.746387
1986 114811164.33746
1987 146570304.80631
1988 187050903.71455
1989 253800061.56425
1990 330507747.67011
1991 407033763.31324
1992 437387156.74767
1993 504546567.01244
1994 585155075.51679
1995 673464229.20977
1996 750150632.65716
1997 825298935.7631
1998 867803258.323
1999 969612793.0329
2000 843519106.89144
2001 851559096.28431
2002 896876839.5778
2003 965311976.03962
2004 1023787700.3619
2005 1189230146.0542
2006 1296518895.5069
2007 1610656440.4978
2008 1833640685.7263
2009 2080587574.3633
2010 2301112304.2527
2011 2612803259.7807
2012 2965131822.0185
2013 3350249804.2684
2014 3897019817.7593
2015 4355688694.7461
2016 4686891812.2482
2017 4902566047.5248
2018 5208790775.9015
2019 5621357863.9162
2020 6554461587.6056
2021 6551219831.4865
2022 6847810210.9233

Macao SAR, China | 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
Macao Special Administrative Region of the People's Republic of China
Records
63
Source