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

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