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

General government final consumption expenditure (% of GDP) in Iraq was 19.20 as of 2019. Its highest value over the past 49 years was 43.38 in 1983, while its lowest value was 2.33 in 1995.

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
1970 23.53
1971 23.56
1972 25.40
1973 27.35
1974 23.02
1975 21.21
1976 22.07
1977 18.34
1978 19.72
1979 14.74
1980 15.54
1981 30.37
1982 35.14
1983 43.38
1984 34.29
1985 29.52
1986 35.85
1987 32.24
1988 32.21
1989 29.35
1990 10.98
1991 16.57
1992 7.55
1993 4.90
1994 2.58
1995 2.33
1996 2.44
1997 8.52
1998 17.64
1999 11.26
2000 11.84
2001 15.71
2002 19.31
2003 12.27
2004 25.56
2005 19.97
2006 15.68
2007 18.73
2008 16.65
2009 21.06
2010 18.92
2011 19.67
2012 16.58
2013 17.46
2014 18.00
2015 18.67
2016 18.39
2017 16.31
2018 15.88
2019 19.20

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