General government total expenditure
General government total expenditure describes the sum of general government's expenditure type. Consolidated expenditure excludes property expenditure, income transfers and capital transfers between general government sub-sectors. Acquisitions of goods and services between general government sub-sectors are not consolidated, however. Thus, total expenditure is to some extent gross expenditure.
The General government, total (S.13) level is usually viewed as consolidated and sub-sector data as unconsolidated.
The ratio of total general government expenditure to gross domestic product is also called the expenditure ratio.
General government total expenditure is calculated by adding together the following expenditure types:
Consolidated/unconsolidated total expenditure =
P22K intermediate consumption or acquired services and goods +
D1K Compensation of employees, payable +
D29K Commodity taxes paid +
D3K Subsidies paid +
D4K Consolidated/unconsolidated property expenditure paid +
D5K Income taxes paid +
D62K Social benefits other than social transfers in kind, payable +
D632K Social transfers in kind, payable
D7K Consolidated/unconsolidated current transfers paid +
D9K Consolidated/unconsolidated capital transfers paid +
P5K Gross capital formation, i.e. investments
NP Net acquisitions of non-produced assets
Validity of the definition
- Valid until (31 December 2078)