Sri Lanka - General government final consumption expenditure (annual % growth)

The value for General government final consumption expenditure (annual % growth) in Sri Lanka was 4.37 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 51.93 in 1996 and a minimum value of -18.47 in 1995.

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.

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Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts