South Africa | General government final consumption expenditure (current US$)
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of South Africa
Records
63
Source
South Africa | General government final consumption expenditure (current US$)
1960 706999717.20011
1961 771399691.44012
1962 907199637.12014
1963 964599614.16015
1964 1163399534.6402
1965 1299199480.3202
1966 1423799430.4802
1967 1553999378.4002
1968 1726199309.5203
1969 1985199205.9203
1970 2281999087.2004
1971 2733436145.9529
1972 2703177339.1005
1973 3425274403.8193
1974 4428405965.1762
1975 5164244335.423
1976 5258951314.7378
1977 5651101412.7753
1978 6872401718.1004
1979 8432073708.2004
1980 11418351022.169
1981 12362419793.546
1982 12686311492.923
1983 13858720043.084
1984 13535763114.317
1985 10523741685.082
1986 12309236807.187
1987 16802772843.073
1988 17516850907.952
1989 18176466259.475
1990 22170422610.878
1991 23890429016.61
1992 26305971850.068
1993 26672513986.722
1994 27922225961.601
1995 28382678183.721
1996 28443236685.368
1997 29557433633.35
1998 26160130412.982
1999 25470805324.967
2000 25141206179.75
2001 22510957465.06
2002 21661392897.486
2003 33229851063.135
2004 43498529682.448
2005 46648873796.099
2006 48194235661.589
2007 52914289096.449
2008 53971363126.259
2009 58675227805.554
2010 75109059006.816
2011 83370054159.599
2012 81756551200.38
2013 76494561791.465
2014 73624988316.551
2015 65823101021.905
2016 62476471785.598
2017 73375788191.447
2018 78426971753.533
2019 76231131928.227
2020 69603094662.071
2021 81298356454.947
2022 77596703384.122
South Africa | 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
Republic of South Africa
Records
63
Source