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Economy > National accounts > US$ at current prices > Expenditure on GDP Stats: compare key data on Bhutan & United States

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Definitions

  • Changes in inventories > Current US$: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" Data are in current U.S. dollars."
  • Final > Consumption expenditure > Etc. > Current: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
  • Gross capital formation > Current US$: 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 > 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$: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars."
STAT Bhutan United States HISTORY
Changes in inventories > Current US$ $3.78 million
Ranked 46th.
$-126,200,000,000.00
Ranked 126th.

Final > Consumption expenditure > Etc. > Current $458.43 million
Ranked 129th.
$12.51 trillion
Ranked 2nd. 27280 times more than Bhutan

Gross capital formation > Current US$ $678.81 million
Ranked 118th.
$2.00 trillion
Ranked 3rd. 2945 times more than Bhutan

Gross fixed capital formation > Current US$ $675.03 million
Ranked 116th.
$2.13 trillion
Ranked 3rd. 3148 times more than Bhutan

Gross national expenditure > Current US$ $1.14 billion
Ranked 129th.
$14.51 trillion
Ranked 2nd. 12755 times more than Bhutan

Household final > Consumption expenditure > Etc. $183.56 million
Ranked 128th.
$10.08 trillion
Ranked 1st. 54895 times more than Bhutan

Imports > Goods and services > Current US$ $608.38 million
Ranked 127th.
$1.96 trillion
Ranked 2nd. 3229 times more than Bhutan

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

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