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
1970 192785000000
1971 208960000000
1972 225498000000
1973 239125000000
1974 265205000000
1975 296725000000
1976 314508000000
1977 341169000000
1978 370770000000
1979 404705000000
1980 453650000000
1981 507041000000
1982 554529000000
1983 595393000000
1984 634728000000
1985 690640000000
1986 737989000000
1987 776893000000
1988 820454000000
1989 881429000000
1990 948186000000
1991 1004857000000
1992 1048383000000
1993 1073040000000
1994 1108101000000
1995 1141743000000
1996 1172889000000
1997 1220528000000
1998 1267607000000
1999 1351427000000
2000 1437588000000
2001 1538151000000
2002 1645819000000
2003 1746378000000
2004 1851920000000
2005 1962027000000
2006 2072953000000
2007 2198532000000
2008 2353440000000
2009 2433429000000
2010 2511046000000
2011 2511311000000
2012 2515439000000
2013 2532646000000
2014 2566254000000
2015 2608983000000
2016 2663108000000
2017 2726560000000
2018 2866932000000
2019 3008779000000
2020 3138376000000
2021 3353731000000
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