Sri Lanka | General government final consumption expenditure (current US$)
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Democratic Socialist Republic of Sri Lanka
Records
63
Source
Sri Lanka | General government final consumption expenditure (current US$)
191423445.37815 1960
193072412.52521 1961
198110645.26337 1962
169771677.09244 1963
181510184.78992 1964
243067226.89076 1965
243277310.92437 1966
255144032.92181 1967
236660736.15126 1968
247226890.7563 1969
272773109.2437 1970
297470489.03879 1971
317755443.8861 1972
315000000 1973
412481203.00752 1974
353780313.83737 1975
359215219.97622 1976
351521984.21646 1977
259000640.61499 1978
308156711.62492 1979
343920145.19056 1980
327792207.79221 1981
396059586.73715 1982
420271993.20017 1983
469143081.76101 1984
611156111.92931 1985
659528907.92291 1986
663654891.30435 1987
686859478.15153 1988
732593619.97226 1989
783949076.38542 1990
885496736.76577 1991
934793520.4198 1992
947661423.84106 1993
1133184945.3663 1994
1494712195.1219 1995
1465912791.7496 1996
1562907211.3918 1997
1547633824.6703 1998
1413517974.2356 1999
1716517335.411 2000
1616394359.8926 2001
2103256234.5808 2002
2296125155.4082 2003
2609635339.4604 2004
3194398009.9503 2005
4344323791.131 2006
4940598689.608 2007
6588786175.5527 2008
7408331007.0715 2009
2010
2011
2012
2013
2014
7586617945.6028 2015
7190853798.9196 2016
7411581089.077 2017
8135125629.8447 2018
7986912161.5621 2019
8765882906.9694 2020
8374879191.0821 2021
5322008340.1479 2022
Sri Lanka | 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
Democratic Socialist Republic of Sri Lanka
Records
63
Source