Eswatini - General government final consumption expenditure (current US$)

The latest value for General government final consumption expenditure (current US$) in Eswatini was $909,295,300 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $1,107,541,000 in 2017 and $8,259,835 in 1960.

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 U.S. dollars.

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

See also:

Year Value
1960 $8,259,835
1961 $10,919,780
1962 $12,319,750
1963 $12,319,750
1964 $12,319,750
1965 $12,319,750
1966 $12,879,740
1967 $16,519,670
1968 $12,039,760
1969 $14,559,710
1970 $15,259,700
1971 $18,176,730
1972 $23,025,890
1973 $29,106,630
1974 $38,852,100
1975 $49,763,350
1976 $49,793,010
1977 $62,327,510
1978 $80,726,770
1979 $88,976,000
1980 $146,519,500
1981 $152,461,300
1982 $129,858,200
1983 $119,823,200
1984 $101,940,300
1985 $74,780,140
1986 $90,119,260
1987 $113,468,800
1988 $121,417,400
1989 $121,501,700
1990 $159,355,300
1991 $171,911,800
1992 $171,844,300
1993 $239,006,000
1994 $246,141,700
1995 $262,192,900
1996 $275,812,400
1997 $355,729,200
1998 $325,760,200
1999 $305,147,700
2000 $257,570,900
2001 $226,770,400
2002 $195,412,700
2003 $340,465,700
2004 $492,972,600
2005 $543,397,400
2006 $568,190,700
2007 $626,790,800
2008 $687,895,200
2009 $794,472,200
2010 $967,455,500
2011 $953,422,900
2012 $894,576,700
2013 $853,246,300
2014 $852,559,300
2015 $892,205,000
2016 $935,089,700
2017 $1,107,541,000
2018 $1,076,419,000
2019 $974,934,400
2020 $909,295,300

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: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts