Mongolia | 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
Mongolia
Records
63
Source
Mongolia | General government final consumption expenditure (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981 574600000
1982 577200000
1983 583600000
1984 468750000
1985 507625000
1986 757500000
1987 794566666.66667
1988 824866633.33333
1989 830500000
1990 623640000
1991 500357894.73684
1992 208823943.66197
1993 149011137.36078
1994 233003004.45823
1995 161232919.46234
1996 169515119.35566
1997 144249927.21427
1998 175413927.20885
1999 154741806.1824
2000 174027310.50115
2001 212913413.66816
2002 225161573.1497
2003 227210700.89138
2004 288206665.42927
2005 306321640.6306
2006 398873966.73901
2007 553563955.04206
2008 823363359.6199
2009 646967089.39731
2010 912210513.03464
2011 1275745397.9637
2012 1662819944.3127
2013 1693192031.7732
2014 1591526648.9832
2015 1728084159.444
2016 1784017519.6393
2017 1599151937.2346
2018 1672693561.6945
2019 1862164548.4558
2020 2104814769.4317
2021 2279626780.1042
2022 2386565667.877

Mongolia | 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
Mongolia
Records
63
Source