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$)
year value
1960 191423445.37815
1961 193072412.52521
1962 198110645.26337
1963 169771677.09244
1964 181510184.78992
1965 243067226.89076
1966 243277310.92437
1967 255144032.92181
1968 236660736.15126
1969 247226890.7563
1970 272773109.2437
1971 297470489.03879
1972 317755443.8861
1973 315000000
1974 412481203.00752
1975 353780313.83737
1976 359215219.97622
1977 351521984.21646
1978 259000640.61499
1979 308156711.62492
1980 343920145.19056
1981 327792207.79221
1982 396059586.73715
1983 420271993.20017
1984 469143081.76101
1985 611156111.92931
1986 659528907.92291
1987 663654891.30435
1988 686859478.15153
1989 732593619.97226
1990 783949076.38542
1991 885496736.76577
1992 934793520.4198
1993 947661423.84106
1994 1133184945.3663
1995 1494712195.1219
1996 1465912791.7496
1997 1562907211.3918
1998 1547633824.6703
1999 1413517974.2356
2000 1716517335.411
2001 1616394359.8926
2002 2103256234.5808
2003 2296125155.4082
2004 2609635339.4604
2005 3194398009.9503
2006 4344323791.131
2007 4940598689.608
2008 6588786175.5527
2009 7408331007.0715
2010
2011
2012
2013
2014
2015 7586617945.6028
2016 7190853798.9196
2017 7411581089.077
2018 8135125629.8447
2019 7986912161.5621
2020 8765882906.9694
2021 8374879191.0821
2022 5322008340.1479

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