General government final consumption expenditure (current LCU)

This economic indicator reflects the comprehensive spending of a government on the acquisition of goods and services that directly contributes to its function and service delivery, including wages and salaries for public sector employees. It encompasses outlays for essential services such as education, healthcare, and public safety, and also incorporates significant investments in national defense and security. However, it strategically excludes military spending designated for capital formation, providing a clearer view of recurrent spending patterns. Presented in the current local currency, this metric serves as a key gauge of a government's fiscal priorities and overall economic health, helping analysts assess the sustainability and impact of public sector consumption on economic growth. Source: