Bolivia - General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in Bolivia was 19.77 as of 2020. Its highest value over the past 60 years was 19.77 in 2020, while its lowest value was 8.64 in 1960.

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
1960 8.64
1961 9.24
1962 9.24
1963 9.64
1964 9.50
1965 11.52
1966 11.62
1967 10.88
1968 10.58
1969 10.45
1970 9.70
1971 10.33
1972 10.16
1973 9.85
1974 9.39
1975 10.48
1976 10.85
1977 11.73
1978 12.69
1979 15.07
1980 13.51
1981 13.19
1982 11.73
1983 9.00
1984 13.31
1985 10.56
1986 9.45
1987 11.19
1988 11.39
1989 11.94
1990 11.76
1991 12.07
1992 12.87
1993 13.37
1994 13.57
1995 13.57
1996 13.33
1997 13.90
1998 14.22
1999 14.80
2000 14.54
2001 15.72
2002 15.97
2003 16.52
2004 16.26
2005 15.97
2006 14.35
2007 14.06
2008 13.28
2009 14.71
2010 13.83
2011 13.78
2012 13.44
2013 13.84
2014 14.71
2015 17.50
2016 17.46
2017 17.02
2018 17.53
2019 18.14
2020 19.77

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