General government

Hide / Show Abstract

General government consists of central, state and local governments and the social security funds controlled by these units. General government accounts presents data on fiscal balance, debt, revenues, expenditure, costs and reserves of governments. Central government consists of the institutional units making up the central government plus those non-profit institutions that are controlled and mainly financed by central government. The political authority of central government extends over the entire economy. Central government can impose taxes on all residents and non-resident units engaged in economic activities within the country.

Also available in French
Keywords:  government

General government spending by destination You or your institution have access to this content


Hide / Show Abstract

General government final consumption can be broken down into two distinct groups. The first reflects expenditures for collective consumption (defence, justice, etc.) that benefit society as a whole, or large parts of society, and are often known as public goods and services. The second relates to expenditures for individual consumption (health care, housing, education, etc.), that reflect expenditures incurred by government on behalf of individual households. This category of expenditure is equal to social transfers in kind from government to households and so includes expenditure by government on market goods and services provided to households. As goods and services produced by government usually do not have a market price, the relevant products are valued at the sum of costs needed to produce these goods and services. These costs mainly consist of compensation of employees, intermediate consumption and depreciation. Final consumption of government can then be estimated as the difference between, on the one hand, government output, and, on the other hand, payments made for goods and services produced by government and the relevant output that is used for fixed capital formation. This indicator is measured as percentage of gross domestic product. Data are under System of National Accounts (SNA 1993) for all countries except for Australia and United States (SNA 2008).

Also available in French
Keywords:  general government consumption, government spending
Click to Access:
  • DATA
Hide / Show
Visit the OECD web site