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

General government final consumption expenditure (% of GDP) in Uruguay was 13.84 as of 2015. Its highest value over the past 55 years was 16.83 in 1971, while its lowest value was 8.28 in 1960.

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 8.28
1961 10.23
1962 13.40
1963 12.88
1964 13.43
1965 13.84
1966 13.23
1967 14.13
1968 13.18
1969 15.05
1970 16.68
1971 16.83
1972 13.08
1973 10.71
1974 15.04
1975 14.01
1976 14.40
1977 12.74
1978 12.84
1979 11.98
1980 12.45
1981 14.44
1982 15.70
1983 14.53
1984 13.59
1985 14.45
1986 14.33
1987 13.22
1988 12.18
1989 12.34
1990 12.10
1991 11.96
1992 11.58
1993 12.18
1994 11.87
1995 11.84
1996 12.81
1997 11.04
1998 10.90
1999 12.19
2000 12.36
2001 12.49
2002 12.35
2003 11.99
2004 11.01
2005 10.94
2006 11.29
2007 11.48
2008 12.21
2009 12.94
2010 12.65
2011 12.76
2012 13.27
2013 13.52
2014 13.70
2015 13.84

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