🇨🇦 Canada General government final consumption expenditure (constant LCU) — Historical Data

World Bank data • 1961202363 data pointsEconomy & Growth

Latest Value
$503.16B
2023
Year-on-Year
+1.5%
vs 2022
10-Year Average
$451.17B
20142023
Range
$503.16B (2023)
$97.69B (1961)

Canada General government final consumption expenditure (constant LCU)1961 to 2023

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About this Indicator

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

Historical Data Table

YearValue
2023$503.16B
2022$495.81B
2021$480.59B
2020$455.99B
2019$450.29B
2018$445.48B
2017$431.89B
2016$422.95B
2015$415.56B
2014$409.97B

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