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

General government final consumption expenditure (% of GDP) in Romania was 18.86 as of 2020. Its highest value over the past 30 years was 18.86 in 2020, while its lowest value was 11.67 in 1996.

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 13.32
1991 15.15
1992 14.28
1993 12.34
1994 13.77
1995 12.25
1996 11.67
1997 12.69
1998 11.89
1999 16.72
2000 16.86
2001 15.80
2002 14.82
2003 16.04
2004 14.73
2005 16.24
2006 15.92
2007 15.39
2008 15.88
2009 16.10
2010 15.47
2011 14.27
2012 14.57
2013 14.29
2014 14.50
2015 14.02
2016 15.09
2017 15.71
2018 16.83
2019 17.67
2020 18.86

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