Low income - General government final consumption expenditure

General government final consumption expenditure (current US$)

The latest value for General government final consumption expenditure (current US$) in Low income was $60,836,230,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between $78,799,960,000 in 2010 and $15,370,800,000 in 1994.

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 current U.S. dollars.

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

See also:

Year Value
1994 $15,370,800,000
1995 $17,115,810,000
1996 $17,990,640,000
1997 $19,021,680,000
1998 $20,758,340,000
1999 $20,368,090,000
2000 $24,261,330,000
2001 $26,057,520,000
2002 $27,259,550,000
2003 $31,549,640,000
2004 $40,880,540,000
2005 $44,136,380,000
2006 $45,400,490,000
2007 $57,671,810,000
2008 $63,878,360,000
2009 $65,346,920,000
2010 $78,799,960,000
2011 $50,681,250,000
2012 $46,144,840,000
2013 $53,126,160,000
2014 $55,589,130,000
2015 $66,749,870,000
2016 $52,721,270,000
2017 $53,020,480,000
2018 $55,925,930,000
2019 $57,931,450,000
2020 $60,836,230,000

General government final consumption expenditure (constant 2010 US$)

The latest value for General government final consumption expenditure (constant 2010 US$) in Low income was 79,337,280,000 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between 79,337,280,000 in 2020 and 39,625,520,000 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 2010 U.S. dollars.

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

See also:

Year Value
2006 39,625,520,000
2007 42,401,640,000
2008 46,044,810,000
2009 45,880,200,000
2010 52,909,740,000
2011 58,834,260,000
2012 56,016,470,000
2013 60,870,680,000
2014 65,731,290,000
2015 66,749,870,000
2016 67,699,540,000
2017 70,332,380,000
2018 74,001,660,000
2019 75,513,380,000
2020 79,337,280,000

General government final consumption expenditure (annual % growth)

The value for General government final consumption expenditure (annual % growth) in Low income was 5.06 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 15.32 in 2010 and a minimum value of -4.79 in 2012.

Definition: Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (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
2007 7.01
2008 8.59
2009 -0.36
2010 15.32
2011 11.20
2012 -4.79
2013 8.67
2014 7.99
2015 1.55
2016 1.42
2017 3.89
2018 5.22
2019 2.04
2020 5.06

General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in Low income was 13.23 as of 2020. Its highest value over the past 26 years was 15.96 in 2015, while its lowest value was 12.00 in 2012.

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
1994 13.38
1995 13.20
1996 12.51
1997 12.31
1998 13.10
1999 12.64
2000 12.87
2001 13.84
2002 13.51
2003 14.31
2004 15.80
2005 14.31
2006 12.70
2007 13.39
2008 12.38
2009 12.52
2010 13.63
2011 12.55
2012 12.00
2013 13.43
2014 13.12
2015 15.96
2016 13.62
2017 12.96
2018 13.14
2019 12.92
2020 13.23

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts