Middle income | General government final consumption expenditure (current US$)
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Middle income
Records
63
Source
Middle income | General government final consumption expenditure (current US$)
34880733543.211 1960
35633915378.855 1961
35429011581.442 1962
41342342808.01 1963
46070781659.606 1964
51644647308.066 1965
54123818395.131 1966
53312078890.249 1967
57551476776.772 1968
65724072509.239 1969
73022483236.906 1970
84368028993.313 1971
96280533398.923 1972
115517237325.57 1973
146817504621.71 1974
177512095394.49 1975
195873048384.44 1976
216892654710.07 1977
259722879618.94 1978
308380431419.37 1979
362981981620.59 1980
387201489366.71 1981
389842967945.49 1982
397959938813.21 1983
410500111852.36 1984
412559606660.75 1985
433538683925.02 1986
445108813376.96 1987
470396133742.45 1988
492388780640.85 1989
541391058312.45 1990
487803657908.77 1991
496562242817.65 1992
595832494984.13 1993
602324579897.04 1994
697736593970.85 1995
746234431694.61 1996
806702829046.7 1997
789060561174.14 1998
758502909365.67 1999
815555660499.99 2000
834095555768.71 2001
851687358551.22 2002
947753535159.33 2003
1098590069187.2 2004
1309979706115.1 2005
1560927298248.3 2006
1934264666885.2 2007
2354373455803.9 2008
2455581888688.2 2009
2902162420485.6 2010
3527369270213.4 2011
3810445144159.8 2012
4080282973196.8 2013
4185550570314.4 2014
4014670595466 2015
4070390278139.7 2016
4464102949384.4 2017
4730436571460.7 2018
4885735705121.8 2019
4911538661806.2 2020
5539725687149.8 2021
5809689497579.5 2022
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