Equatorial Guinea - General government final consumption expenditure (current LCU)

The value for General government final consumption expenditure (current LCU) in Equatorial Guinea was 1,679,630,000,000 as of 2020. As the graph below shows, over the past 15 years this indicator reached a maximum value of 1,707,240,000,000 in 2014 and a minimum value of 118,592,000,000 in 2005.

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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2005 118,592,000,000
2006 383,049,000,000
2007 479,273,000,000
2008 587,925,000,000
2009 789,542,000,000
2010 942,789,000,000
2011 1,185,140,000,000
2012 1,323,070,000,000
2013 1,669,980,000,000
2014 1,707,240,000,000
2015 1,698,120,000,000
2016 1,679,230,000,000
2017 1,669,690,000,000
2018 1,702,940,000,000
2019 1,674,610,000,000
2020 1,679,630,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts