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Economy > National accounts > US$ at current prices > Expenditure on GDP Stats: compare key data on Bahrain & Saudi Arabia

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Definitions

  • Changes in inventories > Current US$: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" Data are in current U.S. dollars."
  • Final > Consumption expenditure > Current US$: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.
  • Final > Consumption expenditure > Etc. > Current: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
  • Gross capital formation > Current US$: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars."
  • Gross fixed capital formation > Current US$: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars."
  • Gross national expenditure > Current US$: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars."
  • Household final > Consumption expenditure > Cur: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars."
  • Household final > Consumption expenditure > Etc.: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars."
  • Imports > Goods and services > Current US$: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars."
STAT Bahrain Saudi Arabia HISTORY
Changes in inventories > Current US$ $296.81 million
Ranked 63th.
$2.30 billion
Ranked 11th. 8 times more than Bahrain

Final > Consumption expenditure > Current US$ $9.69 billion
Ranked 88th.
$238.15 billion
Ranked 24th. 25 times more than Bahrain

Final > Consumption expenditure > Etc. > Current $9.69 billion
Ranked 106th.
$238.15 billion
Ranked 27th. 25 times more than Bahrain

Gross capital formation > Current US$ $7.28 billion
Ranked 75th.
$93.98 billion
Ranked 19th. 13 times more than Bahrain

Gross fixed capital formation > Current US$ $6.98 billion
Ranked 75th.
$91.68 billion
Ranked 20th. 13 times more than Bahrain

Gross national expenditure > Current US$ $16.97 billion
Ranked 97th.
$332.13 billion
Ranked 25th. 20 times more than Bahrain

Household final > Consumption expenditure > Cur $6.74 billion
Ranked 105th.
$142.66 billion
Ranked 32nd. 21 times more than Bahrain

Household final > Consumption expenditure > Etc. $6.74 billion
Ranked 109th.
$142.66 billion
Ranked 32nd. 21 times more than Bahrain

Imports > Goods and services > Current US$ $16.28 billion
Ranked 76th.
$157.34 billion
Ranked 22nd. 10 times more than Bahrain

SOURCES: World Bank national accounts data, and OECD National Accounts data files.

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