United States | 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
United States of America
Records
63
Source
Create chart Download showed records Download Full dataset
United States | General government final consumption expenditure (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
17.96184302 1970
17.9387904 1971
17.62928912 1972
16.77627517 1973
17.1626728 1974
17.61079563 1975
16.7879783 1976
16.38796902 1977
15.76671873 1978
15.40364316 1979
15.87683788 1980
15.81024377 1981
16.58385143 1982
16.38378575 1983
15.72037736 1984
15.91710861 1985
16.11459526 1986
16.00120695 1987
15.66816985 1988
15.62379688 1989
15.90077315 1990
16.31756983 1991
16.07868746 1992
15.64526893 1993
15.20605343 1994
14.94477109 1995
14.52832002 1996
14.22932383 1997
13.98689648 1998
14.03179853 1999
14.02395174 2000
14.53563795 2001
15.0590355 2002
15.24363318 2003
15.15830985 2004
15.04714339 2005
15.00445119 2006
15.18928793 2007
15.9340734 2008
16.80769503 2009
16.68583914 2010
16.098428 2011
15.47584162 2012
15.03661629 2013
14.62196322 2014
14.33033081 2015
14.24494362 2016
13.99862858 2017
13.96251886 2018
14.07222469 2019
14.90173515 2020
14.38438521 2021
2022
United States | 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
United States of America
Records
63
Source
Create chart Download showed records Download Full dataset