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

General government final consumption expenditure (% of GDP) in Moldova was 16.67 as of 2020. Its highest value over the past 25 years was 28.81 in 1997, while its lowest value was 14.36 in 2001.

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
1995 25.90
1996 25.97
1997 28.81
1998 24.71
1999 15.32
2000 14.66
2001 14.36
2002 20.23
2003 19.68
2004 14.90
2005 16.44
2006 19.99
2007 19.95
2008 20.41
2009 23.76
2010 18.21
2011 16.56
2012 16.69
2013 15.31
2014 14.37
2015 14.50
2016 14.87
2017 15.03
2018 15.19
2019 15.19
2020 16.67

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