Czech Republic - General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in Czech Republic was 21.63 as of 2020. Its highest value over the past 30 years was 21.92 in 2003, while its lowest value was 18.76 in 2017.

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
1990 21.89
1991 21.55
1992 20.56
1993 20.91
1994 21.20
1995 20.20
1996 19.45
1997 20.05
1998 19.00
1999 19.88
2000 19.53
2001 19.47
2002 20.96
2003 21.92
2004 20.65
2005 20.32
2006 19.93
2007 19.12
2008 19.13
2009 20.67
2010 20.53
2011 19.80
2012 19.45
2013 19.72
2014 19.33
2015 18.92
2016 18.96
2017 18.76
2018 19.39
2019 19.57
2020 21.63

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