World | 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
World
Records
63
Source
World | General government final consumption expenditure (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
15.79209637 1970
16.22304891 1971
16.20517924 1972
15.81704031 1973
16.21218504 1974
17.26023605 1975
16.98227138 1976
16.83475258 1977
16.78882209 1978
16.63276342 1979
16.8439786 1980
16.77768373 1981
17.26258554 1982
17.21336543 1983
16.75188951 1984
16.80110025 1985
17.0236377 1986
17.03360178 1987
16.64415471 1988
16.56622919 1989
16.820034 1990
16.96139897 1991
17.0433243 1992
16.92367954 1993
16.6169948 1994
16.53935945 1995
16.3421555 1996
16.11085539 1997
16.11276331 1998
16.2034803 1999
15.99746769 2000
16.37668078 2001
16.77873344 2002
17.03828016 2003
16.89308059 2004
16.74673224 2005
16.59099782 2006
16.52148704 2007
16.88366738 2008
18.02265855 2009
17.50661283 2010
17.30942476 2011
17.13850289 2012
17.06434846 2013
16.91288206 2014
16.75360615 2015
16.74500134 2016
16.55299403 2017
16.54960399 2018
16.67353189 2019
17.81675737 2020
17.15095587 2021
16.35706701 2022
World | 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
World
Records
63
Source