European Union - General government final consumption expenditure

General government final consumption expenditure (current US$)

The latest value for General government final consumption expenditure (current US$) in European Union was $3,446,940,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $3,446,940,000,000 in 2020 and $117,218,000,000 in 1970.

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
1970 $117,218,000,000
1971 $139,450,000,000
1972 $170,692,000,000
1973 $222,486,000,000
1974 $260,522,000,000
1975 $323,016,000,000
1976 $338,039,000,000
1977 $388,999,000,000
1978 $481,716,000,000
1979 $581,942,000,000
1980 $663,301,000,000
1981 $598,453,000,000
1982 $577,309,000,000
1983 $562,337,000,000
1984 $535,151,000,000
1985 $551,959,000,000
1986 $763,385,000,000
1987 $953,785,000,000
1988 $1,031,780,000,000
1989 $1,028,590,000,000
1990 $1,296,680,000,000
1991 $1,351,980,000,000
1992 $1,514,310,000,000
1993 $1,404,830,000,000
1994 $1,464,960,000,000
1995 $1,677,710,000,000
1996 $1,711,000,000,000
1997 $1,548,670,000,000
1998 $1,572,920,000,000
1999 $1,570,670,000,000
2000 $1,429,690,000,000
2001 $1,458,220,000,000
2002 $1,624,420,000,000
2003 $2,025,650,000,000
2004 $2,306,950,000,000
2005 $2,414,570,000,000
2006 $2,554,250,000,000
2007 $2,912,070,000,000
2008 $3,301,660,000,000
2009 $3,227,460,000,000
2010 $3,145,780,000,000
2011 $3,339,650,000,000
2012 $3,108,070,000,000
2013 $3,261,730,000,000
2014 $3,315,650,000,000
2015 $2,824,470,000,000
2016 $2,889,250,000,000
2017 $3,038,650,000,000
2018 $3,278,050,000,000
2019 $3,229,180,000,000
2020 $3,446,940,000,000

General government final consumption expenditure (constant 2010 US$)

The latest value for General government final consumption expenditure (constant 2010 US$) in European Union was 3,041,480,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 3,041,480,000,000 in 2020 and 1,021,800,000,000 in 1970.

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
1970 1,021,800,000,000
1971 1,077,380,000,000
1972 1,129,390,000,000
1973 1,185,160,000,000
1974 1,241,870,000,000
1975 1,299,450,000,000
1976 1,348,550,000,000
1977 1,390,720,000,000
1978 1,455,190,000,000
1979 1,508,080,000,000
1980 1,559,840,000,000
1981 1,615,230,000,000
1982 1,644,210,000,000
1983 1,673,290,000,000
1984 1,695,240,000,000
1985 1,737,470,000,000
1986 1,775,170,000,000
1987 1,823,700,000,000
1988 1,863,780,000,000
1989 1,881,060,000,000
1990 1,930,040,000,000
1991 1,980,120,000,000
1992 2,028,400,000,000
1993 2,053,250,000,000
1994 2,070,930,000,000
1995 2,087,710,000,000
1996 2,118,830,000,000
1997 2,142,620,000,000
1998 2,183,920,000,000
1999 2,228,050,000,000
2000 2,279,790,000,000
2001 2,331,970,000,000
2002 2,382,290,000,000
2003 2,423,840,000,000
2004 2,454,660,000,000
2005 2,493,170,000,000
2006 2,545,380,000,000
2007 2,597,530,000,000
2008 2,665,630,000,000
2009 2,727,650,000,000
2010 2,752,250,000,000
2011 2,750,830,000,000
2012 2,747,050,000,000
2013 2,757,970,000,000
2014 2,785,850,000,000
2015 2,824,470,000,000
2016 2,879,640,000,000
2017 2,912,410,000,000
2018 2,946,480,000,000
2019 3,005,180,000,000
2020 3,041,480,000,000

General government final consumption expenditure (annual % growth)

The value for General government final consumption expenditure (annual % growth) in European Union was 1.21 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 5.44 in 1971 and a minimum value of -0.14 in 2012.

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
1971 5.44
1972 4.83
1973 4.94
1974 4.78
1975 4.64
1976 3.78
1977 3.13
1978 4.64
1979 3.63
1980 3.43
1981 3.55
1982 1.79
1983 1.77
1984 1.31
1985 2.49
1986 2.17
1987 2.73
1988 2.20
1989 0.93
1990 2.60
1991 2.60
1992 2.44
1993 1.22
1994 0.86
1995 0.81
1996 1.49
1997 1.12
1998 1.93
1999 2.02
2000 2.32
2001 2.29
2002 2.16
2003 1.74
2004 1.27
2005 1.57
2006 2.09
2007 2.05
2008 2.62
2009 2.33
2010 0.90
2011 -0.05
2012 -0.14
2013 0.40
2014 1.01
2015 1.39
2016 1.95
2017 1.14
2018 1.17
2019 1.99
2020 1.21

General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in European Union was 22.54 as of 2020. Its highest value over the past 50 years was 22.54 in 2020, while its lowest value was 16.15 in 1970.

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
1970 16.15
1971 16.99
1972 17.23
1973 17.35
1974 17.95
1975 19.10
1976 19.10
1977 19.40
1978 19.72
1979 19.71
1980 20.08
1981 20.78
1982 20.79
1983 20.81
1984 20.56
1985 20.61
1986 20.39
1987 20.59
1988 20.29
1989 19.80
1990 19.95
1991 20.07
1992 20.45
1993 20.78
1994 20.46
1995 20.22
1996 20.29
1997 20.02
1998 19.74
1999 19.82
2000 19.65
2001 19.72
2002 20.09
2003 20.40
2004 20.20
2005 20.27
2006 20.09
2007 19.77
2008 20.26
2009 21.86
2010 21.61
2011 21.19
2012 21.24
2013 21.32
2014 21.18
2015 20.84
2016 20.80
2017 20.58
2018 20.52
2019 20.58
2020 22.54

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts