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Economy > Spending > General government final consumption expenditure Stats: compare key data on United States & Venezuela

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Definitions

  • % of GDP: General government final consumption expenditure (% of GDP). 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.
  • Annual % growth: General government final consumption expenditure (annual % growth). Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2005 U.S. dollars. General government final consumption expenditure (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.
  • Constant 2000 US$: General government final consumption expenditure (constant 2000 US$). Agriculture value added per worker is a measure of agricultural productivity. Value added in agriculture measures the output of the agricultural sector (ISIC divisions 1-5) less the value of intermediate inputs. Agriculture comprises value added from forestry, hunting, and fishing as well as cultivation of crops and livestock production. Data are in constant 2005 U.S. dollars.
  • Constant 2000 US$ per capita: General government final consumption expenditure (constant 2000 US$). Agriculture value added per worker is a measure of agricultural productivity. Value added in agriculture measures the output of the agricultural sector (ISIC divisions 1-5) less the value of intermediate inputs. Agriculture comprises value added from forestry, hunting, and fishing as well as cultivation of crops and livestock production. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Constant 2000 US$, % of GDP: General government final consumption expenditure (constant 2000 US$). Agriculture value added per worker is a measure of agricultural productivity. Value added in agriculture measures the output of the agricultural sector (ISIC divisions 1-5) less the value of intermediate inputs. Agriculture comprises value added from forestry, hunting, and fishing as well as cultivation of crops and livestock production. Data are in constant 2005 U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Constant LCU: General government final consumption expenditure (constant LCU). 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. Data are in constant local currency.
  • Constant LCU per capita: General government final consumption expenditure (constant LCU). 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. Data are in constant local currency. Figures expressed per capita for the same year.
  • Current LCU: General government final consumption expenditure (current LCU). 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. Data are in current local currency.
  • Current LCU per capita: General government final consumption expenditure (current LCU). 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. Data are in current local currency. Figures expressed per capita for the same year.
  • Current US$: General government final consumption expenditure (current US$). General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.
  • Current US$ per capita: General government final consumption expenditure (current US$). General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Current US$, % of GDP: General government final consumption expenditure (current US$). 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. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
STAT United States Venezuela HISTORY
% of GDP 15.69%
Ranked 68th. 29% more than Venezuela
12.19%
Ranked 97th.

Annual % growth -0.21%
Ranked 88th.
6.26%
Ranked 32nd.

Constant 2000 US$ $2.10 trillion
Ranked 2nd. 86 times more than Venezuela
$24.54 billion
Ranked 38th.

Constant 2000 US$ per capita $6,687.40
Ranked 17th. 8 times more than Venezuela
$819.11
Ranked 51st.

Constant 2000 US$, % of GDP 13.38%
Ranked 37th. 2 times more than Venezuela
6.44%
Ranked 83th.

Constant LCU 2.1 trillion
Ranked 13th. 186 times more than Venezuela
11.27 billion
Ranked 86th.

Constant LCU per capita 6,687.4
Ranked 54th. 18 times more than Venezuela
376.12
Ranked 97th.

Current LCU 2.55 trillion
Ranked 20th. 13 times more than Venezuela
199.39 billion
Ranked 59th.

Current LCU per capita 8,116.87
Ranked 69th. 22% more than Venezuela
6,656.48
Ranked 74th.

Current US$ $2.55 trillion
Ranked 2nd. 55 times more than Venezuela
$46.49 billion
Ranked 33th.

Current US$ per capita $8,116.87
Ranked 17th. 5 times more than Venezuela
$1,551.88
Ranked 46th.

Current US$, % of GDP 16.25%
Ranked 62nd. 33% more than Venezuela
12.19%
Ranked 94th.

SOURCES: World Bank national accounts data; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.

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