Lower middle 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 Lower middle income was $865,194,000,000 as of 2020. Over the past 53 years, the value for this indicator has fluctuated between $865,194,000,000 in 2020 and $14,216,320,000 in 1967.

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
1967 $14,216,320,000
1968 $15,985,730,000
1969 $18,026,370,000
1970 $20,203,630,000
1971 $23,670,820,000
1972 $26,445,570,000
1973 $30,789,330,000
1974 $41,749,480,000
1975 $51,716,010,000
1976 $58,779,520,000
1977 $66,758,050,000
1978 $76,984,500,000
1979 $84,480,060,000
1980 $98,958,670,000
1981 $104,259,000,000
1982 $111,877,000,000
1983 $113,103,000,000
1984 $112,748,000,000
1985 $126,215,000,000
1986 $139,673,000,000
1987 $132,037,000,000
1988 $133,998,000,000
1989 $128,630,000,000
1990 $131,780,000,000
1991 $120,867,000,000
1992 $127,674,000,000
1993 $127,694,000,000
1994 $130,427,000,000
1995 $145,921,000,000
1996 $156,892,000,000
1997 $164,867,000,000
1998 $156,999,000,000
1999 $163,475,000,000
2000 $164,661,000,000
2001 $169,120,000,000
2002 $176,517,000,000
2003 $201,648,000,000
2004 $231,493,000,000
2005 $267,276,000,000
2006 $315,886,000,000
2007 $389,726,000,000
2008 $455,732,000,000
2009 $494,828,000,000
2010 $575,039,000,000
2011 $658,388,000,000
2012 $689,707,000,000
2013 $697,731,000,000
2014 $720,915,000,000
2015 $712,656,000,000
2016 $736,048,000,000
2017 $787,167,000,000
2018 $786,375,000,000
2019 $829,273,000,000
2020 $865,194,000,000

General government final consumption expenditure (constant 2010 US$)

The latest value for General government final consumption expenditure (constant 2010 US$) in Lower middle income was 900,876,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 900,876,000,000 in 2020 and 47,053,860,000 in 1961.

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
1960 47,745,990,000
1961 47,053,860,000
1962 47,204,360,000
1963 53,732,260,000
1964 58,831,450,000
1965 61,294,830,000
1966 66,192,840,000
1967 68,647,310,000
1968 74,526,740,000
1969 80,676,280,000
1970 88,735,550,000
1971 100,404,000,000
1972 111,101,000,000
1973 118,106,000,000
1974 140,416,000,000
1975 165,648,000,000
1976 183,546,000,000
1977 186,679,000,000
1978 193,475,000,000
1979 199,320,000,000
1980 197,818,000,000
1981 203,732,000,000
1982 210,960,000,000
1983 214,872,000,000
1984 216,623,000,000
1985 228,821,000,000
1986 225,529,000,000
1987 229,351,000,000
1988 238,048,000,000
1989 245,634,000,000
1990 252,583,000,000
1991 261,570,000,000
1992 267,353,000,000
1993 281,240,000,000
1994 282,466,000,000
1995 288,683,000,000
1996 295,855,000,000
1997 305,590,000,000
1998 315,365,000,000
1999 324,045,000,000
2000 336,499,000,000
2001 347,316,000,000
2002 358,881,000,000
2003 373,890,000,000
2004 399,997,000,000
2005 422,340,000,000
2006 456,590,000,000
2007 492,585,000,000
2008 525,425,000,000
2009 567,017,000,000
2010 591,559,000,000
2011 623,946,000,000
2012 645,217,000,000
2013 657,242,000,000
2014 679,656,000,000
2015 712,656,000,000
2016 734,452,000,000
2017 776,143,000,000
2018 818,957,000,000
2019 855,408,000,000
2020 900,876,000,000

General government final consumption expenditure (annual % growth)

The value for General government final consumption expenditure (annual % growth) in Lower middle income was 5.32 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 18.89 in 1974 and a minimum value of -1.45 in 1961.

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
1961 -1.45
1962 0.32
1963 13.83
1964 9.49
1965 4.19
1966 7.99
1967 3.71
1968 8.56
1969 8.25
1970 9.99
1971 13.15
1972 10.65
1973 6.30
1974 18.89
1975 17.97
1976 10.80
1977 1.71
1978 3.64
1979 3.02
1980 -0.75
1981 2.99
1982 3.55
1983 1.85
1984 0.81
1985 5.63
1986 -1.44
1987 1.69
1988 3.79
1989 3.19
1990 2.83
1991 3.56
1992 2.21
1993 5.19
1994 0.44
1995 2.20
1996 2.48
1997 3.29
1998 3.20
1999 2.75
2000 3.84
2001 3.21
2002 3.33
2003 4.18
2004 6.98
2005 5.59
2006 8.11
2007 7.88
2008 6.67
2009 7.92
2010 4.33
2011 5.47
2012 3.41
2013 1.86
2014 3.41
2015 4.86
2016 3.06
2017 5.68
2018 5.52
2019 4.45
2020 5.32

General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in Lower middle income was 11.72 as of 2020. Its highest value over the past 53 years was 15.07 in 1978, while its lowest value was 10.44 in 2006.

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
1967 10.89
1968 11.36
1969 11.52
1970 11.67
1971 12.98
1972 13.32
1973 12.60
1974 12.81
1975 14.29
1976 14.59
1977 14.41
1978 15.07
1979 14.39
1980 13.88
1981 12.16
1982 12.68
1983 12.97
1984 13.09
1985 13.76
1986 14.33
1987 13.83
1988 13.76
1989 13.21
1990 12.56
1991 12.23
1992 12.31
1993 12.25
1994 11.62
1995 11.46
1996 11.03
1997 11.33
1998 11.84
1999 11.41
2000 10.92
2001 10.97
2002 10.71
2003 10.65
2004 10.54
2005 10.47
2006 10.44
2007 10.49
2008 10.83
2009 11.57
2010 11.06
2011 11.09
2012 11.07
2013 11.00
2014 10.93
2015 11.03
2016 10.92
2017 10.86
2018 10.70
2019 10.72
2020 11.72

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts