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

General government final consumption expenditure (% of GDP) in Cuba was 38.85 as of 2020. Its highest value over the past 50 years was 39.88 in 2008, while its lowest value was 24.39 in 1995.

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 31.67
1971 31.67
1972 31.67
1973 31.67
1974 31.68
1975 31.66
1976 31.67
1977 31.68
1978 31.69
1979 31.70
1980 31.60
1981 31.67
1982 31.73
1983 31.74
1984 31.74
1985 31.11
1986 32.06
1987 32.00
1988 31.78
1989 31.74
1990 31.00
1991 33.31
1992 34.80
1993 35.38
1994 27.27
1995 24.39
1996 26.55
1997 26.83
1998 27.67
1999 28.92
2000 29.60
2001 30.89
2002 34.10
2003 33.73
2004 35.48
2005 33.65
2006 32.23
2007 35.41
2008 39.88
2009 38.96
2010 34.76
2011 35.42
2012 31.92
2013 32.45
2014 32.41
2015 32.21
2016 31.90
2017 30.84
2018 30.04
2019 32.23
2020 38.85

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