Serbia - General government final consumption expenditure

General government final consumption expenditure (current US$)

The latest value for General government final consumption expenditure (current US$) in Serbia was $9,327,160,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $10,504,220,000 in 2008 and $1,329,939,000 in 2000.

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. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 $3,092,853,000
1996 $3,982,235,000
1997 $5,447,085,000
1998 $3,870,469,000
1999 $3,668,996,000
2000 $1,329,939,000
2001 $2,787,356,000
2002 $4,117,053,000
2003 $5,437,708,000
2004 $5,916,845,000
2005 $5,401,607,000
2006 $6,622,911,000
2007 $8,951,854,000
2008 $10,504,220,000
2009 $8,813,032,000
2010 $8,003,722,000
2011 $9,330,238,000
2012 $8,217,625,000
2013 $8,661,722,000
2014 $8,496,356,000
2015 $6,508,142,000
2016 $6,509,873,000
2017 $7,130,721,000
2018 $8,375,777,000
2019 $8,561,783,000
2020 $9,327,160,000

General government final consumption expenditure (current LCU)

The value for General government final consumption expenditure (current LCU) in Serbia was 962,221,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 962,221,000,000 in 2020 and a minimum value of 10,948,700,000 in 1995.

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. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 10,948,700,000
1996 21,384,600,000
1997 32,204,800,000
1998 38,823,900,000
1999 42,786,000,000
2000 84,006,800,000
2001 186,512,000,000
2002 265,131,000,000
2003 313,133,000,000
2004 345,434,000,000
2005 360,362,000,000
2006 444,701,000,000
2007 523,267,000,000
2008 585,332,000,000
2009 595,590,000,000
2010 622,121,000,000
2011 684,218,000,000
2012 722,932,000,000
2013 737,623,000,000
2014 751,123,000,000
2015 708,160,000,000
2016 724,405,000,000
2017 768,399,000,000
2018 839,044,000,000
2019 901,124,000,000
2020 962,221,000,000

General government final consumption expenditure (constant 2010 US$)

The latest value for General government final consumption expenditure (constant 2010 US$) in Serbia was 7,292,983,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 7,292,983,000 in 2020 and 3,361,688,000 in 1995.

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. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 3,361,688,000
1996 3,473,852,000
1997 3,977,629,000
1998 4,270,473,000
1999 4,195,727,000
2000 4,722,831,000
2001 5,148,947,000
2002 5,643,289,000
2003 5,860,094,000
2004 6,318,030,000
2005 6,103,938,000
2006 6,541,599,000
2007 6,599,115,000
2008 6,832,950,000
2009 6,713,731,000
2010 6,708,278,000
2011 6,814,367,000
2012 6,841,206,000
2013 6,697,738,000
2014 6,761,029,000
2015 6,508,142,000
2016 6,509,354,000
2017 6,701,090,000
2018 6,952,707,000
2019 7,089,457,000
2020 7,292,983,000

General government final consumption expenditure (annual % growth)

The value for General government final consumption expenditure (annual % growth) in Serbia was 2.87 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 14.50 in 1997 and a minimum value of -3.74 in 2015.

Definition: Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (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
1996 3.34
1997 14.50
1998 7.36
1999 -1.75
2000 12.56
2001 9.02
2002 9.60
2003 3.84
2004 7.81
2005 -3.39
2006 7.17
2007 0.88
2008 3.54
2009 -1.74
2010 -0.08
2011 1.58
2012 0.39
2013 -2.10
2014 0.94
2015 -3.74
2016 0.02
2017 2.95
2018 3.75
2019 1.97
2020 2.87

General government final consumption expenditure (constant LCU)

The value for General government final consumption expenditure (constant LCU) in Serbia was 793,560,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 793,560,000,000 in 2020 and a minimum value of 365,790,000,000 in 1995.

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. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 365,790,000,000
1996 377,995,000,000
1997 432,811,000,000
1998 464,676,000,000
1999 456,543,000,000
2000 513,898,000,000
2001 560,264,000,000
2002 614,054,000,000
2003 637,645,000,000
2004 687,474,000,000
2005 664,178,000,000
2006 711,801,000,000
2007 718,059,000,000
2008 743,503,000,000
2009 730,531,000,000
2010 729,937,000,000
2011 741,481,000,000
2012 744,401,000,000
2013 728,790,000,000
2014 735,677,000,000
2015 708,160,000,000
2016 708,292,000,000
2017 729,155,000,000
2018 756,534,000,000
2019 771,414,000,000
2020 793,560,000,000

General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in Serbia was 17.49 as of 2020. Its highest value over the past 25 years was 24.19 in 2003, while its lowest value was 16.00 in 2016.

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 18.37
1996 18.25
1997 21.21
1998 19.89
1999 18.92
2000 19.34
2001 21.51
2002 24.05
2003 24.19
2004 22.63
2005 19.51
2006 20.39
2007 20.74
2008 20.13
2009 19.51
2010 19.14
2011 18.94
2012 18.97
2013 17.90
2014 18.05
2015 16.41
2016 16.00
2017 16.14
2018 16.54
2019 16.62
2020 17.49

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts