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

General government final consumption expenditure (% of GDP) in Eswatini was 22.89 as of 2020. Its highest value over the past 60 years was 27.03 in 1980, while its lowest value was 13.12 in 1973.

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
1960 23.55
1961 25.38
1962 26.82
1963 22.76
1964 18.96
1965 17.53
1966 16.76
1967 22.10
1968 15.09
1969 13.81
1970 13.61
1971 13.32
1972 15.69
1973 13.12
1974 14.70
1975 17.26
1976 18.27
1977 20.50
1978 23.70
1979 21.59
1980 27.03
1981 26.71
1982 24.16
1983 21.58
1984 20.62
1985 20.77
1986 20.06
1987 19.43
1988 17.55
1989 17.43
1990 14.30
1991 14.87
1992 13.38
1993 17.61
1994 17.34
1995 15.43
1996 17.21
1997 20.72
1998 20.66
1999 19.71
2000 14.82
2001 14.70
2002 13.64
2003 15.49
2004 17.80
2005 17.10
2006 17.26
2007 18.07
2008 20.88
2009 22.19
2010 21.80
2011 19.78
2012 18.31
2013 18.56
2014 19.28
2015 21.96
2016 24.50
2017 25.15
2018 23.07
2019 21.69
2020 22.89

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