Central Europe and the Baltics - General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in Central Europe and the Baltics was 20.09 as of 2020. Its highest value over the past 25 years was 20.09 in 2020, while its lowest value was 17.90 in 2015.

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
1995 19.64
1996 19.16
1997 18.91
1998 18.73
1999 19.37
2000 19.18
2001 19.16
2002 19.36
2003 19.91
2004 19.03
2005 18.94
2006 18.82
2007 18.08
2008 18.54
2009 19.32
2010 19.20
2011 18.34
2012 18.12
2013 18.18
2014 18.15
2015 17.90
2016 18.00
2017 17.93
2018 18.16
2019 18.55
2020 20.09

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