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

General government final consumption expenditure (% of GDP) in Israel was 23.73 as of 2020. Its highest value over the past 25 years was 26.82 in 1996, while its lowest value was 22.30 in 2016.

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
1995 26.36
1996 26.82
1997 26.47
1998 25.96
1999 25.50
2000 24.25
2001 25.46
2002 26.81
2003 26.00
2004 24.62
2005 24.18
2006 23.89
2007 22.93
2008 22.85
2009 22.75
2010 22.58
2011 22.39
2012 22.66
2013 22.61
2014 22.55
2015 22.40
2016 22.30
2017 22.40
2018 22.75
2019 22.49
2020 23.73

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