West Bank and Gaza - General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in West Bank and Gaza was 23.43 as of 2020. Its highest value over the past 26 years was 28.97 in 2009, while its lowest value was 18.07 in 1994.

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
1994 18.07
1995 18.41
1996 21.82
1997 22.15
1998 22.30
1999 23.43
2000 25.48
2001 27.88
2002 27.72
2003 22.83
2004 26.99
2005 27.02
2006 26.16
2007 28.21
2008 25.07
2009 28.97
2010 25.83
2011 25.86
2012 25.61
2013 25.02
2014 25.18
2015 25.01
2016 23.53
2017 20.75
2018 21.99
2019 20.66
2020 23.43

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