Vanuatu | 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
Republic of Vanuatu
Records
63
Source
Vanuatu | General government final consumption expenditure (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980 30631699.174135
1981 23257348.621137
1982 24187178.820888
1983 36832041.863742
1984 41287916.960597
1985 42543760.374227
1986 44211588.030931
1987 46800608.107493
1988 50811100.683738
1989 43837576.050051
1990 46617119.425935
1991 49973137.535817
1992 52296458.303937
1993 51841981.888618
1994 58648683.475796
1995 61688861.931479
1996 70444597.606495
1997 53171657.892466
1998 52941753.092713
1999 57811349.990316
2000 56573753.557682
2001 52906666.666667
2002 40625486.513549
2003 47369174.715791
2004 50335450.398068
2005 52313208.138566
2006 61848775.126268
2007 85164124.466138
2008 91597930.636761
2009 97394780.496045
2010 122551962.37775
2011 130223633.35517
2012 120922952.3681
2013 119353729.80406
2014 107477293.03958
2015 120333060.25726
2016 116321733.11823
2017 153449009.24666
2018 154758770.93451
2019 192682979.97516
2020
2021
2022

Vanuatu | 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
Republic of Vanuatu
Records
63
Source