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

General government final consumption expenditure (% of GDP) in Peru was 16.00 as of 2020. Its highest value over the past 60 years was 16.00 in 2020, while its lowest value was 7.27 in 1990.

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
1960 7.62
1961 8.56
1962 8.61
1963 8.96
1964 9.80
1965 10.11
1966 10.07
1967 9.93
1968 9.73
1969 9.38
1970 11.89
1971 12.09
1972 12.79
1973 12.57
1974 11.19
1975 12.03
1976 11.86
1977 13.70
1978 10.86
1979 8.39
1980 13.36
1981 13.13
1982 13.81
1983 13.45
1984 11.80
1985 11.72
1986 12.43
1987 12.20
1988 8.51
1989 8.58
1990 7.27
1991 7.61
1992 7.86
1993 7.99
1994 8.80
1995 9.88
1996 10.36
1997 10.24
1998 10.98
1999 11.55
2000 11.45
2001 11.72
2002 11.17
2003 11.52
2004 11.26
2005 11.44
2006 10.92
2007 10.46
2008 10.37
2009 11.47
2010 10.53
2011 10.36
2012 10.87
2013 11.50
2014 12.40
2015 12.97
2016 13.16
2017 13.21
2018 13.08
2019 13.24
2020 16.00

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