Sri Lanka | General government final consumption expenditure (% of GDP)
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. 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 (% of GDP)
13.57734466 1960
13.36763176 1961
13.81374083 1962
13.68384555 1963
13.85840626 1964
14.31222167 1965
13.88988845 1966
13.72136771 1967
13.13800504 1968
12.5780248 1969
11.8779274 1970
12.55516014 1971
12.44179183 1972
10.9541404 1973
11.53927054 1974
9.33137675 1975
10.00231765 1976
8.56428709 1977
9.47615141 1978
9.15876076 1979
8.54540262 1980
7.42309276 1981
8.30528628 1982
8.13233444 1983
7.76280359 1984
10.22263279 1985
10.29675608 1986
9.93173142 1987
9.84268995 1988
10.48469378 1989
9.75965244 1990
9.83845627 1991
9.63405544 1992
9.16617457 1993
9.67079042 1994
11.47158012 1995
10.5478514 1996
10.35592453 1997
9.79826835 1998
9.02841322 1999
10.51091095 2000
10.26298176 2001
12.71884438 2002
12.16054274 2003
12.62979825 2004
13.08868868 2005
15.36193121 2006
15.27221708 2007
16.18316623 2008
17.61111478 2009
2010
2011
2012
2013
2014
8.91065635 2015
8.17028444 2016
7.85322795 2017
8.6091569 2018
8.97254856 2019
10.38113369 2020
9.45800531 2021
7.15289299 2022
Sri Lanka | General government final consumption expenditure (% of GDP)
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. 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