Middle income | 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
Middle income
Records
63
Source
Middle income | General government final consumption expenditure (current US$)
year value
1960 34880733543.211
1961 35633915378.855
1962 35429011581.442
1963 41342342808.01
1964 46070781659.606
1965 51644647308.066
1966 54123818395.131
1967 53312078890.249
1968 57551476776.772
1969 65724072509.239
1970 73022483236.906
1971 84368028993.313
1972 96280533398.923
1973 115517237325.57
1974 146817504621.71
1975 177512095394.49
1976 195873048384.44
1977 216892654710.07
1978 259722879618.94
1979 308380431419.37
1980 362981981620.59
1981 387201489366.71
1982 389842967945.49
1983 397959938813.21
1984 410500111852.36
1985 412559606660.75
1986 433538683925.02
1987 445108813376.96
1988 470396133742.45
1989 492388780640.85
1990 541391058312.45
1991 487803657908.77
1992 496562242817.65
1993 595832494984.13
1994 602324579897.04
1995 697736593970.85
1996 746234431694.61
1997 806702829046.7
1998 789060561174.14
1999 758502909365.67
2000 815555660499.99
2001 834095555768.71
2002 851687358551.22
2003 947753535159.33
2004 1098590069187.2
2005 1309979706115.1
2006 1560927298248.3
2007 1934264666885.2
2008 2354373455803.9
2009 2455581888688.2
2010 2902162420485.6
2011 3527369270213.4
2012 3810445144159.8
2013 4080282973196.8
2014 4185550570314.4
2015 4014670595466
2016 4070390278139.7
2017 4464102949384.4
2018 4730436571460.7
2019 4885735705121.8
2020 4911538661806.2
2021 5539725687149.8
2022 5809689497579.5

Middle income | 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
Middle income
Records
63
Source