Macao SAR, China | General government final consumption expenditure (current US$)
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Macao Special Administrative Region of the People's Republic of China
Records
63
Source
Macao SAR, China | General government final consumption expenditure (current US$)
1960
1961
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1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
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66336504.689413 1982
64173269.435156 1983
80519205.75955 1984
98264223.746387 1985
114811164.33746 1986
146570304.80631 1987
187050903.71455 1988
253800061.56425 1989
330507747.67011 1990
407033763.31324 1991
437387156.74767 1992
504546567.01244 1993
585155075.51679 1994
673464229.20977 1995
750150632.65716 1996
825298935.7631 1997
867803258.323 1998
969612793.0329 1999
843519106.89144 2000
851559096.28431 2001
896876839.5778 2002
965311976.03962 2003
1023787700.3619 2004
1189230146.0542 2005
1296518895.5069 2006
1610656440.4978 2007
1833640685.7263 2008
2080587574.3633 2009
2301112304.2527 2010
2612803259.7807 2011
2965131822.0185 2012
3350249804.2684 2013
3897019817.7593 2014
4355688694.7461 2015
4686891812.2482 2016
4902566047.5248 2017
5208790775.9015 2018
5621357863.9162 2019
6554461587.6056 2020
6551219831.4865 2021
6847810210.9233 2022
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