North Macedonia - General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in North Macedonia was 16.79 as of 2020. Its highest value over the past 30 years was 23.83 in 2001, while its lowest value was 14.00 in 2019.

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
1990 18.13
1991 20.59
1992 18.56
1993 20.04
1994 18.10
1995 17.66
1996 17.23
1997 18.76
1998 19.26
1999 19.56
2000 16.93
2001 23.83
2002 20.75
2003 18.08
2004 17.41
2005 16.18
2006 16.51
2007 16.80
2008 18.58
2009 19.08
2010 18.29
2011 18.12
2012 18.65
2013 17.50
2014 17.11
2015 16.98
2016 15.43
2017 14.92
2018 14.28
2019 14.00
2020 16.79

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