Guinea - General government final consumption expenditure (constant LCU)

The value for General government final consumption expenditure (constant LCU) in Guinea was 15,037,500,000,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 15,497,500,000,000 in 2019 and a minimum value of 1,363,300,000,000 in 2006.

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 constant local currency.

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

Year Value
2006 1,363,300,000,000
2007 1,787,440,000,000
2008 1,912,860,000,000
2009 3,213,460,000,000
2010 4,932,190,000,000
2011 6,910,870,000,000
2012 7,909,310,000,000
2013 11,182,500,000,000
2014 11,223,600,000,000
2015 13,160,000,000,000
2016 13,354,700,000,000
2017 13,605,900,000,000
2018 14,787,200,000,000
2019 15,497,500,000,000
2020 15,037,500,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts