High income - General government final consumption expenditure
General government final consumption expenditure (current US$)
The latest value for General government final consumption expenditure (current US$) in High income was $10,046,000,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $10,046,000,000,000 in 2020 and $397,472,000,000 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. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | $397,472,000,000 |
| 1971 | $449,946,000,000 |
| 1972 | $519,328,000,000 |
| 1973 | $614,615,000,000 |
| 1974 | $715,437,000,000 |
| 1975 | $849,804,000,000 |
| 1976 | $904,277,000,000 |
| 1977 | $1,015,280,000,000 |
| 1978 | $1,206,800,000,000 |
| 1979 | $1,385,060,000,000 |
| 1980 | $1,579,640,000,000 |
| 1981 | $1,612,980,000,000 |
| 1982 | $1,638,990,000,000 |
| 1983 | $1,679,070,000,000 |
| 1984 | $1,695,090,000,000 |
| 1985 | $1,778,250,000,000 |
| 1986 | $2,166,620,000,000 |
| 1987 | $2,510,900,000,000 |
| 1988 | $2,759,550,000,000 |
| 1989 | $2,855,050,000,000 |
| 1990 | $3,272,590,000,000 |
| 1991 | $3,518,150,000,000 |
| 1992 | $3,815,520,000,000 |
| 1993 | $3,792,250,000,000 |
| 1994 | $3,994,660,000,000 |
| 1995 | $4,399,440,000,000 |
| 1996 | $4,411,130,000,000 |
| 1997 | $4,254,220,000,000 |
| 1998 | $4,262,270,000,000 |
| 1999 | $4,486,190,000,000 |
| 2000 | $4,534,080,000,000 |
| 2001 | $4,605,210,000,000 |
| 2002 | $4,940,770,000,000 |
| 2003 | $5,647,150,000,000 |
| 2004 | $6,264,290,000,000 |
| 2005 | $6,591,980,000,000 |
| 2006 | $6,920,360,000,000 |
| 2007 | $7,571,660,000,000 |
| 2008 | $8,315,340,000,000 |
| 2009 | $8,339,800,000,000 |
| 2010 | $8,596,060,000,000 |
| 2011 | $9,127,080,000,000 |
| 2012 | $8,998,480,000,000 |
| 2013 | $9,030,050,000,000 |
| 2014 | $9,137,100,000,000 |
| 2015 | $8,453,920,000,000 |
| 2016 | $8,593,070,000,000 |
| 2017 | $8,867,920,000,000 |
| 2018 | $9,419,650,000,000 |
| 2019 | $9,531,940,000,000 |
| 2020 | $10,046,000,000,000 |
General government final consumption expenditure (constant 2010 US$)
The latest value for General government final consumption expenditure (constant 2010 US$) in High income was 9,142,070,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 9,142,070,000,000 in 2020 and 3,299,170,000,000 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. Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | 3,299,170,000,000 |
| 1971 | 3,398,520,000,000 |
| 1972 | 3,493,510,000,000 |
| 1973 | 3,585,390,000,000 |
| 1974 | 3,693,330,000,000 |
| 1975 | 3,864,930,000,000 |
| 1976 | 3,941,690,000,000 |
| 1977 | 4,028,560,000,000 |
| 1978 | 4,157,230,000,000 |
| 1979 | 4,250,130,000,000 |
| 1980 | 4,358,750,000,000 |
| 1981 | 4,476,750,000,000 |
| 1982 | 4,567,770,000,000 |
| 1983 | 4,681,120,000,000 |
| 1984 | 4,764,320,000,000 |
| 1985 | 4,918,660,000,000 |
| 1986 | 5,070,480,000,000 |
| 1987 | 5,195,500,000,000 |
| 1988 | 5,312,980,000,000 |
| 1989 | 5,433,490,000,000 |
| 1990 | 5,595,780,000,000 |
| 1991 | 5,745,470,000,000 |
| 1992 | 5,847,420,000,000 |
| 1993 | 5,904,200,000,000 |
| 1994 | 5,965,440,000,000 |
| 1995 | 6,030,420,000,000 |
| 1996 | 6,110,950,000,000 |
| 1997 | 6,198,640,000,000 |
| 1998 | 6,327,620,000,000 |
| 1999 | 6,490,530,000,000 |
| 2000 | 6,640,390,000,000 |
| 2001 | 6,839,590,000,000 |
| 2002 | 7,041,940,000,000 |
| 2003 | 7,185,520,000,000 |
| 2004 | 7,313,100,000,000 |
| 2005 | 7,427,940,000,000 |
| 2006 | 7,563,820,000,000 |
| 2007 | 7,710,630,000,000 |
| 2008 | 7,892,500,000,000 |
| 2009 | 8,144,910,000,000 |
| 2010 | 8,217,840,000,000 |
| 2011 | 8,208,170,000,000 |
| 2012 | 8,228,720,000,000 |
| 2013 | 8,251,290,000,000 |
| 2014 | 8,327,770,000,000 |
| 2015 | 8,453,920,000,000 |
| 2016 | 8,579,090,000,000 |
| 2017 | 8,665,830,000,000 |
| 2018 | 8,797,060,000,000 |
| 2019 | 8,999,899,000,000 |
| 2020 | 9,142,070,000,000 |
General government final consumption expenditure (annual % growth)
The value for General government final consumption expenditure (annual % growth) in High income was 1.58 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 4.65 in 1975 and a minimum value of -0.12 in 2011.
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 |
|---|---|
| 1971 | 3.01 |
| 1972 | 2.79 |
| 1973 | 2.63 |
| 1974 | 3.01 |
| 1975 | 4.65 |
| 1976 | 1.99 |
| 1977 | 2.20 |
| 1978 | 3.19 |
| 1979 | 2.23 |
| 1980 | 2.56 |
| 1981 | 2.71 |
| 1982 | 2.03 |
| 1983 | 2.48 |
| 1984 | 1.78 |
| 1985 | 3.24 |
| 1986 | 3.09 |
| 1987 | 2.47 |
| 1988 | 2.26 |
| 1989 | 2.27 |
| 1990 | 2.99 |
| 1991 | 2.68 |
| 1992 | 1.77 |
| 1993 | 0.97 |
| 1994 | 1.04 |
| 1995 | 1.09 |
| 1996 | 1.34 |
| 1997 | 1.43 |
| 1998 | 2.08 |
| 1999 | 2.57 |
| 2000 | 2.31 |
| 2001 | 3.00 |
| 2002 | 2.96 |
| 2003 | 2.04 |
| 2004 | 1.78 |
| 2005 | 1.57 |
| 2006 | 1.83 |
| 2007 | 1.94 |
| 2008 | 2.36 |
| 2009 | 3.20 |
| 2010 | 0.90 |
| 2011 | -0.12 |
| 2012 | 0.25 |
| 2013 | 0.27 |
| 2014 | 0.93 |
| 2015 | 1.51 |
| 2016 | 1.48 |
| 2017 | 1.01 |
| 2018 | 1.51 |
| 2019 | 2.31 |
| 2020 | 1.58 |
General government final consumption expenditure (% of GDP)
General government final consumption expenditure (% of GDP) in High income was 18.79 as of 2020. Its highest value over the past 50 years was 19.20 in 2009, while its lowest value was 16.36 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.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | 16.66 |
| 1971 | 16.99 |
| 1972 | 16.90 |
| 1973 | 16.53 |
| 1974 | 17.07 |
| 1975 | 18.17 |
| 1976 | 17.74 |
| 1977 | 17.59 |
| 1978 | 17.45 |
| 1979 | 17.32 |
| 1980 | 17.69 |
| 1981 | 17.79 |
| 1982 | 18.25 |
| 1983 | 18.11 |
| 1984 | 17.52 |
| 1985 | 17.51 |
| 1986 | 17.57 |
| 1987 | 17.56 |
| 1988 | 17.14 |
| 1989 | 16.95 |
| 1990 | 17.28 |
| 1991 | 17.56 |
| 1992 | 17.70 |
| 1993 | 17.46 |
| 1994 | 17.09 |
| 1995 | 16.95 |
| 1996 | 16.85 |
| 1997 | 16.53 |
| 1998 | 16.50 |
| 1999 | 16.53 |
| 2000 | 16.36 |
| 2001 | 16.79 |
| 2002 | 17.27 |
| 2003 | 17.62 |
| 2004 | 17.56 |
| 2005 | 17.48 |
| 2006 | 17.38 |
| 2007 | 17.39 |
| 2008 | 17.95 |
| 2009 | 19.20 |
| 2010 | 18.89 |
| 2011 | 18.58 |
| 2012 | 18.31 |
| 2013 | 18.15 |
| 2014 | 17.97 |
| 2015 | 17.59 |
| 2016 | 17.50 |
| 2017 | 17.27 |
| 2018 | 17.26 |
| 2019 | 17.32 |
| 2020 | 18.79 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
