Upper middle income | General government final consumption expenditure (current US$)
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Upper middle income
Records
63
Source
Upper middle income | General government final consumption expenditure (current US$)
28112084008.869 1960
28271840782.119 1961
26583663675.799 1962
30254793183.311 1963
33964996570.562 1964
37398138943.415 1965
41545783936.36 1966
39537186989.083 1967
41557866063.173 1968
47934236083.727 1969
53217264572.279 1970
60740625406.646 1971
70249512493.76 1972
86872341256.565 1973
105762170286.1 1974
127050663687.37 1975
138544098180.14 1976
152506444109.73 1977
187513352786.28 1978
231206601718.64 1979
274509531136.89 1980
297435422324.06 1981
289737118200.71 1982
292654203978.86 1983
307428867764.62 1984
288584238782.01 1985
285383387566.87 1986
308538906951.13 1987
334425957457.33 1988
364173245472.55 1989
410645445089.85 1990
369345248919.33 1991
373214287810.87 1992
470230494143.85 1993
474048158147.59 1994
553401485966.35 1995
591064646452.29 1996
639120534323.24 1997
620427295680.2 1998
588486086185.35 1999
641990475758.93 2000
656684968164 2001
669542237958.15 2002
742698911643.96 2003
868279276980.56 2004
1043443422852.1 2005
1252966231515.3 2006
1564111707133.1 2007
1921632305702.3 2008
1984265151379.1 2009
2353286636046.9 2010
2869854716542.8 2011
3118804604150.1 2012
3385040267325.5 2013
3471074471011.3 2014
3310144683788.2 2015
3334009360330.3 2016
3662640069293.2 2017
3926236423316.8 2018
4054564495376.6 2019
4079586439294.2 2020
4597121267418.8 2021
4819681200236.3 2022
Upper middle income | 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
Upper middle income
Records
63
Source