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

General government final consumption expenditure (% of GDP) in Namibia was 26.57 as of 2020. Its highest value over the past 40 years was 27.94 in 2013, while its lowest value was 14.19 in 1980.

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
1980 14.19
1981 20.73
1982 21.59
1983 22.20
1984 22.31
1985 21.95
1986 23.05
1987 24.64
1988 23.39
1989 21.98
1990 23.47
1991 25.35
1992 26.68
1993 25.78
1994 23.41
1995 24.83
1996 24.77
1997 24.67
1998 24.22
1999 24.76
2000 23.42
2001 22.76
2002 21.57
2003 22.23
2004 20.36
2005 19.27
2006 19.44
2007 23.57
2008 21.52
2009 23.55
2010 25.19
2011 22.86
2012 24.97
2013 27.94
2014 27.73
2015 27.23
2016 26.99
2017 25.60
2018 25.37
2019 25.77
2020 26.57

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