IBRD only - General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in IBRD only was 16.14 as of 2020. Its highest value over the past 60 years was 16.14 in 2020, while its lowest value was 11.30 in 1964.

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 11.57
1961 12.01
1962 11.85
1963 12.14
1964 11.30
1965 11.43
1966 11.92
1967 11.44
1968 11.61
1969 11.82
1970 12.22
1971 12.99
1972 13.00
1973 12.59
1974 12.95
1975 13.74
1976 13.98
1977 13.59
1978 14.00
1979 13.76
1980 13.43
1981 13.92
1982 14.47
1983 14.28
1984 14.12
1985 14.18
1986 14.48
1987 14.24
1988 14.02
1989 14.69
1990 14.42
1991 13.42
1992 12.84
1993 14.04
1994 13.83
1995 14.29
1996 13.97
1997 14.38
1998 14.57
1999 14.38
2000 14.16
2001 14.42
2002 14.38
2003 14.21
2004 13.84
2005 13.88
2006 13.94
2007 13.95
2008 14.20
2009 15.13
2010 14.61
2011 14.75
2012 14.94
2013 15.16
2014 15.16
2015 15.31
2016 15.39
2017 15.34
2018 15.34
2019 15.53
2020 16.14

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