European Union - General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in European Union was 22.54 as of 2020. Its highest value over the past 50 years was 22.54 in 2020, while its lowest value was 16.15 in 1970.

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
1970 16.15
1971 16.99
1972 17.23
1973 17.35
1974 17.95
1975 19.10
1976 19.10
1977 19.40
1978 19.72
1979 19.71
1980 20.08
1981 20.78
1982 20.79
1983 20.81
1984 20.56
1985 20.61
1986 20.39
1987 20.59
1988 20.29
1989 19.80
1990 19.95
1991 20.07
1992 20.45
1993 20.78
1994 20.46
1995 20.22
1996 20.29
1997 20.02
1998 19.74
1999 19.82
2000 19.65
2001 19.72
2002 20.09
2003 20.40
2004 20.20
2005 20.27
2006 20.09
2007 19.77
2008 20.26
2009 21.86
2010 21.61
2011 21.19
2012 21.24
2013 21.32
2014 21.18
2015 20.84
2016 20.80
2017 20.58
2018 20.52
2019 20.58
2020 22.54

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