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

General government final consumption expenditure (% of GDP) in Luxembourg was 18.33 as of 2020. Its highest value over the past 50 years was 18.33 in 2020, while its lowest value was 10.61 in 1970.

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 10.61
1971 11.83
1972 11.87
1973 11.39
1974 11.58
1975 15.08
1976 14.88
1977 16.04
1978 15.80
1979 16.14
1980 16.86
1981 17.59
1982 16.60
1983 15.94
1984 15.52
1985 15.90
1986 15.54
1987 16.44
1988 15.63
1989 15.23
1990 15.58
1991 15.08
1992 15.69
1993 15.60
1994 15.15
1995 15.70
1996 16.06
1997 15.74
1998 15.26
1999 14.99
2000 14.50
2001 15.33
2002 15.96
2003 16.37
2004 16.38
2005 16.58
2006 15.17
2007 14.43
2008 14.49
2009 16.08
2010 15.79
2011 16.04
2012 16.30
2013 16.35
2014 16.05
2015 15.97
2016 15.67
2017 16.22
2018 16.74
2019 17.17
2020 18.33

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