South Asia (IDA & IBRD) | 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
South Asia (IDA & IBRD)
Records
63
Source
South Asia (IDA & IBRD) | General government final consumption expenditure (current US$)
year value
1960 2922967329.2766
1961 3219524144.0648
1962 3778672103.2185
1963 4669265900.1013
1964 5139187330.5961
1965 5941765990.9773
1966 5302805318.2646
1967 5342574310.9728
1968 5746715028.6264
1969 6498764646.6666
1970 7209710663.9674
1971 8304540662.3598
1972 8497746597.142
1973 8635412249.606
1974 10555560221.414
1975 11629040496.653
1976 12363124037.901
1977 13809247142.69
1978 15904805410.25
1979 18621168020.622
1980 21931633781.922
1981 22836563742.8
1982 24990411174.859
1983 26702290994.777
1984 27245376199.37
1985 30909230693.563
1986 34623146781.178
1987 39685941140.629
1988 42432561243.757
1989 43215822513.737
1990 44608879992.09
1991 38896770818.134
1992 40293751051.758
1993 40325672149.975
1994 43492017092.14
1995 48700093531.244
1996 52624852413.968
1997 57609012263.44
1998 61686202641.505
1999 66761960974.341
2000 70629658382.678
2001 70169564894.872
2002 72997743944.619
2003 82902279616.906
2004 93139223260.824
2005 105803695916.78
2006 119855748447.87
2007 149205161499.16
2008 160199201738.49
2009 189237048546.59
2010 221882995834.81
2011 243332481362.57
2012 238096534340.58
2013 236061926150.42
2014 261135309764.17
2015 271823469378.17
2016 297580038767.71
2017 353192175830.45
2018 365423076856.22
2019 383138944373.92
2020 383793560480.97
2021 428977171392.78
2022 430651659553.82

South Asia (IDA & IBRD) | 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
South Asia (IDA & IBRD)
Records
63
Source