Argentina - General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in Argentina was 15.53 as of 2020. Its highest value over the past 60 years was 18.10 in 2015, while its lowest value was 2.98 in 1992.

Definition: 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 9.88
1961 7.79
1962 12.19
1963 10.25
1964 7.23
1965 8.09
1966 10.80
1967 9.74
1968 9.83
1969 9.50
1970 9.74
1971 10.15
1972 9.35
1973 11.54
1974 13.15
1975 12.59
1976 9.42
1977 9.02
1978 11.17
1979 11.01
1987 4.71
1988 4.32
1989 4.49
1990 3.14
1991 3.32
1992 2.98
1993 13.51
1994 13.19
1995 13.35
1996 12.50
1997 12.06
1998 12.49
1999 13.72
2000 13.78
2001 14.16
2002 12.24
2003 11.44
2004 11.11
2005 12.14
2006 12.43
2007 12.99
2008 13.63
2009 15.90
2010 15.16
2011 15.69
2012 16.65
2013 16.81
2014 16.95
2015 18.10
2016 17.65
2017 17.70
2018 15.81
2019 15.21
2020 15.53

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.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts