Viet Nam | General government final consumption expenditure (current US$)
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Viet Nam
Records
63
Source
Viet Nam | General government final consumption expenditure (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1697815817.6135 1995
2059532732.4305 1996
2182602555.4869 1997
2074389508.5921 1998
1946253342.9019 1999
2000734087.1657 2000
2068771151.3833 2001
2185280931.9677 2002
2499744781.5061 2003
2903277022.7359 2004
3149773786.4997 2005
3672194694.9685 2006
4299687211.3691 2007
5576162799.6136 2008
6125958951.3896 2009
15284351458.167 2010
17226569314.594 2011
20429808911.081 2012
23328810951.814 2013
24086266313.599 2014
25492765951.759 2015
26733810701.196 2016
28514983401.517 2017
30222633787.643 2018
32028301944.31 2019
32855058531.443 2020
35191006509.981 2021
36725798881.343 2022
Viet Nam | 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
Viet Nam
Records
63
Source