United States | General government final consumption expenditure (current US$)
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
United States of America
Records
63
Source
United States | General government final consumption expenditure (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
192785000000 1970
208960000000 1971
225498000000 1972
239125000000 1973
265205000000 1974
296725000000 1975
314508000000 1976
341169000000 1977
370770000000 1978
404705000000 1979
453650000000 1980
507041000000 1981
554529000000 1982
595393000000 1983
634728000000 1984
690640000000 1985
737989000000 1986
776893000000 1987
820454000000 1988
881429000000 1989
948186000000 1990
1004857000000 1991
1048383000000 1992
1073040000000 1993
1108101000000 1994
1141743000000 1995
1172889000000 1996
1220528000000 1997
1267607000000 1998
1351427000000 1999
1437588000000 2000
1538151000000 2001
1645819000000 2002
1746378000000 2003
1851920000000 2004
1962027000000 2005
2072953000000 2006
2198532000000 2007
2353440000000 2008
2433429000000 2009
2511046000000 2010
2511311000000 2011
2515439000000 2012
2532646000000 2013
2566254000000 2014
2608983000000 2015
2663108000000 2016
2726560000000 2017
2866932000000 2018
3008779000000 2019
3138376000000 2020
3353731000000 2021
2022
United States | 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
United States of America
Records
63
Source