South Asia (IDA & IBRD) | General government final consumption expenditure (current US$)
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
South Asia (IDA & IBRD)
Records
63
Source
South Asia (IDA & IBRD) | General government final consumption expenditure (current US$)
2922967329.2766 1960
3219524144.0648 1961
3778672103.2185 1962
4669265900.1013 1963
5139187330.5961 1964
5941765990.9773 1965
5302805318.2646 1966
5342574310.9728 1967
5746715028.6264 1968
6498764646.6666 1969
7209710663.9674 1970
8304540662.3598 1971
8497746597.142 1972
8635412249.606 1973
10555560221.414 1974
11629040496.653 1975
12363124037.901 1976
13809247142.69 1977
15904805410.25 1978
18621168020.622 1979
21931633781.922 1980
22836563742.8 1981
24990411174.859 1982
26702290994.777 1983
27245376199.37 1984
30909230693.563 1985
34623146781.178 1986
39685941140.629 1987
42432561243.757 1988
43215822513.737 1989
44608879992.09 1990
38896770818.134 1991
40293751051.758 1992
40325672149.975 1993
43492017092.14 1994
48700093531.244 1995
52624852413.968 1996
57609012263.44 1997
61686202641.505 1998
66761960974.341 1999
70629658382.678 2000
70169564894.872 2001
72997743944.619 2002
82902279616.906 2003
93139223260.824 2004
105803695916.78 2005
119855748447.87 2006
149205161499.16 2007
160199201738.49 2008
189237048546.59 2009
221882995834.81 2010
243332481362.57 2011
238096534340.58 2012
236061926150.42 2013
261135309764.17 2014
271823469378.17 2015
297580038767.71 2016
353192175830.45 2017
365423076856.22 2018
383138944373.92 2019
383793560480.97 2020
428977171392.78 2021
430651659553.82 2022
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