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

General government final consumption expenditure (% of GDP) in Seychelles was 27.32 as of 2020. Its highest value over the past 44 years was 39.45 in 2006, while its lowest value was 17.96 in 2013.

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
1976 22.29
1977 23.74
1978 25.13
1979 26.23
1980 28.67
1981 31.54
1982 34.87
1983 32.83
1984 30.68
1985 34.64
1986 31.33
1987 34.36
1988 31.81
1989 33.32
1990 27.68
1991 28.20
1992 30.37
1993 29.49
1994 29.32
1995 27.48
1996 29.44
1997 29.54
1998 31.24
1999 26.92
2000 35.88
2001 39.19
2002 26.40
2003 33.63
2006 39.45
2007 35.29
2008 27.39
2009 28.86
2010 27.29
2011 27.43
2012 27.48
2013 17.96
2014 19.75
2015 20.33
2016 21.69
2017 20.69
2018 23.44
2019 22.76
2020 27.32

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