Montenegro | General government final consumption expenditure (current US$)
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Montenegro
Records
63
Source
Montenegro | General government final consumption expenditure (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
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1984
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1986
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1988
1989
1990
1991
1992
1993
1994
1995
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1997
1998
1999
2000 215902762.06354
2001 291946981.90937
2002 319383322.31561
2003 457063213.84146
2004 545366277.62602
2005 675811466.23554
2006 520102872.91431
2007 731806734.19108
2008 1009957521.6054
2009 909252570.15838
2010 915326477.61063
2011 957183462.46036
2012 862260354.7559
2013 869793942.45264
2014 889956265.74274
2015 778341410.59097
2016 858391602.58617
2017 894890003.00495
2018 1019029893.4898
2019 986369640.65823
2020 1078100230.7758
2021 1155250261.1261
2022 1112383217.8657
Montenegro | 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
Montenegro
Records
63
Source