Equatorial Guinea - General government final consumption expenditure

General government final consumption expenditure (current US$)

The latest value for General government final consumption expenditure (current US$) in Equatorial Guinea was $2,918,124,000 as of 2020. Over the past 15 years, the value for this indicator has fluctuated between $3,457,648,000 in 2014 and $224,832,600 in 2005.

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. Data are in current U.S. dollars.

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

See also:

Year Value
2005 $224,832,600
2006 $732,561,200
2007 $1,000,013,000
2008 $1,312,903,000
2009 $1,672,098,000
2010 $1,905,416,000
2011 $2,514,902,000
2012 $2,591,436,000
2013 $3,381,205,000
2014 $3,457,648,000
2015 $2,872,264,000
2016 $2,833,640,000
2017 $2,875,527,000
2018 $3,065,896,000
2019 $2,858,122,000
2020 $2,918,124,000

General government final consumption expenditure (current LCU)

The value for General government final consumption expenditure (current LCU) in Equatorial Guinea was 1,679,630,000,000 as of 2020. As the graph below shows, over the past 15 years this indicator reached a maximum value of 1,707,240,000,000 in 2014 and a minimum value of 118,592,000,000 in 2005.

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. Data are in current local currency.

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

Year Value
2005 118,592,000,000
2006 383,049,000,000
2007 479,273,000,000
2008 587,925,000,000
2009 789,542,000,000
2010 942,789,000,000
2011 1,185,140,000,000
2012 1,323,070,000,000
2013 1,669,980,000,000
2014 1,707,240,000,000
2015 1,698,120,000,000
2016 1,679,230,000,000
2017 1,669,690,000,000
2018 1,702,940,000,000
2019 1,674,610,000,000
2020 1,679,630,000,000

General government final consumption expenditure (constant 2010 US$)

The latest value for General government final consumption expenditure (constant 2010 US$) in Equatorial Guinea was 2,634,195,000 as of 2020. Over the past 15 years, the value for this indicator has fluctuated between 2,931,230,000 in 2013 and 761,109,200 in 2005.

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. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
2005 761,109,200
2006 944,113,400
2007 1,125,823,000
2008 1,389,629,000
2009 1,595,047,000
2010 1,797,226,000
2011 2,204,583,000
2012 2,336,707,000
2013 2,931,230,000
2014 2,895,919,000
2015 2,872,264,000
2016 2,720,161,000
2017 2,730,892,000
2018 2,774,400,000
2019 2,723,019,000
2020 2,634,195,000

General government final consumption expenditure (annual % growth)

The value for General government final consumption expenditure (annual % growth) in Equatorial Guinea was -3.26 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 25.44 in 2013 and a minimum value of -5.30 in 2016.

Definition: Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (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
2006 24.04
2007 19.25
2008 23.43
2009 14.78
2010 12.68
2011 22.67
2012 5.99
2013 25.44
2014 -1.20
2015 -0.82
2016 -5.30
2017 0.39
2018 1.59
2019 -1.85
2020 -3.26

General government final consumption expenditure (constant LCU)

The value for General government final consumption expenditure (constant LCU) in Equatorial Guinea was 1,068,760,000,000 as of 2020. As the graph below shows, over the past 15 years this indicator reached a maximum value of 1,189,270,000,000 in 2013 and a minimum value of 308,800,000,000 in 2005.

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. Data are in constant local currency.

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

Year Value
2005 308,800,000,000
2006 383,049,000,000
2007 456,773,000,000
2008 563,805,000,000
2009 647,148,000,000
2010 729,177,000,000
2011 894,451,000,000
2012 948,057,000,000
2013 1,189,270,000,000
2014 1,174,940,000,000
2015 1,165,350,000,000
2016 1,103,630,000,000
2017 1,107,990,000,000
2018 1,125,640,000,000
2019 1,104,790,000,000
2020 1,068,760,000,000

General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in Equatorial Guinea was 29.12 as of 2020. Its highest value over the past 15 years was 29.12 in 2020, while its lowest value was 2.74 in 2005.

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
2005 2.74
2006 7.26
2007 7.65
2008 6.65
2009 11.13
2010 11.68
2011 11.78
2012 11.57
2013 15.40
2014 15.89
2015 21.78
2016 25.21
2017 23.57
2018 23.41
2019 25.03
2020 29.12

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts