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
574600000 1981
577200000 1982
583600000 1983
468750000 1984
507625000 1985
757500000 1986
794566666.66667 1987
824866633.33333 1988
830500000 1989
623640000 1990
500357894.73684 1991
208823943.66197 1992
149011137.36078 1993
233003004.45823 1994
161232919.46234 1995
169515119.35566 1996
144249927.21427 1997
175413927.20885 1998
154741806.1824 1999
174027310.50115 2000
212913413.66816 2001
225161573.1497 2002
227210700.89138 2003
288206665.42927 2004
306321640.6306 2005
398873966.73901 2006
553563955.04206 2007
823363359.6199 2008
646967089.39731 2009
912210513.03464 2010
1275745397.9637 2011
1662819944.3127 2012
1693192031.7732 2013
1591526648.9832 2014
1728084159.444 2015
1784017519.6393 2016
1599151937.2346 2017
1672693561.6945 2018
1862164548.4558 2019
2104814769.4317 2020
2279626780.1042 2021
2386565667.877 2022
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