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

General government final consumption expenditure (% of GDP) in Jamaica was 13.58 as of 2020. Its highest value over the past 60 years was 21.95 in 1982, while its lowest value was 7.16 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.

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

See also:

Year Value
1960 7.16
1961 7.30
1962 7.90
1963 8.12
1964 8.11
1965 8.19
1966 7.99
1967 8.80
1968 9.46
1969 10.34
1970 11.73
1971 12.41
1972 13.70
1973 16.29
1974 17.88
1975 18.35
1976 20.85
1977 20.73
1978 20.06
1979 19.28
1980 20.24
1981 20.63
1982 21.95
1983 20.11
1984 16.47
1985 14.89
1986 14.25
1987 13.85
1988 14.36
1989 12.92
1990 13.04
1991 11.60
1993 10.51
1994 9.31
1995 10.00
1996 11.92
1997 13.48
1998 14.68
1999 13.56
2000 13.96
2001 14.26
2002 14.73
2003 14.22
2004 12.89
2005 14.21
2006 13.89
2007 14.89
2008 16.21
2009 16.54
2010 16.12
2011 15.80
2012 16.28
2013 15.50
2014 14.52
2015 13.82
2016 13.84
2017 13.38
2018 13.44
2019 13.58
2020 13.58

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