Antigua and Barbuda - General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in Antigua and Barbuda was 19.34 as of 2020. Its highest value over the past 27 years was 22.00 in 2002, while its lowest value was 15.02 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
1993 15.93
1994 16.22
1995 18.27
1996 17.98
1997 17.31
1998 18.57
1999 19.16
2000 17.30
2001 19.47
2002 22.00
2003 18.52
2004 18.32
2005 16.46
2006 15.02
2007 15.31
2008 17.76
2009 19.53
2010 17.86
2011 17.54
2012 17.58
2013 17.17
2014 16.72
2015 16.26
2016 15.74
2017 16.03
2018 15.24
2019 15.09
2020 19.34

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