gdp components_across countries (1)

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  • 7/27/2019 GDP Components_across Countries (1)

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    Comparison of countries across components, 2011

    Countries

    Indicators

    Brazil China France Germany India Japan UK US

    Final

    Consumption

    Expenditure

    (C + G)

    (% of GDP)

    81 49 82 77 71 81 87 89

    Total

    Investment (I)

    (% of GDP)19.73 48.27 20.76 18.25 35 19.96 14.93 18.44

    General govt.

    Final

    consumption

    exp. (G) (% of

    GDP)

    21 13 24 19 12 20 22 17

    Exports of

    Goods and

    Services (X)

    (% of GDP)

    12 31 27 50 24 15 32 14

    Imports of

    Goods and

    Services (M)(% of GDP)

    13 27 30 45 30 16 34 18

    Gross National

    Savings (S)

    (% of GDP)17.61 50.12 19 24.43 30.83 21.98 13.47 15.85

    Source: World Bank national accounts data and OECD National Accounts data files (Final

    consumption expenditure, General govt. final consumption expenditure, Exports of goods and

    services and Imports of goods and services)

    World Economic Outlook Database (IMF) (Total Investments and Gross national savings)

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    Subject Notes -

    Final consumption expenditure, etc. (% of GDP)

    Final consumption expenditure (formerly total consumption) is the sum of household final

    consumption expenditure (private consumption) and general government final consumption

    expenditure (general government consumption). This estimate includes any statistical

    discrepancy in the use of resources relative to the supply of resources.

    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

    Exports of goods and services (% of GDP)

    Exports of goods and services represent the value of all goods and other market services

    provided to the rest of the world. They include the value of merchandise, freight, insurance,

    transport, travel, royalties, license fees, and other services, such as communication, construction,

    financial, information, business, personal, and government services. They exclude compensation

    of employees and investment income (formerly called factor services) and transfer payments.

    Imports of goods and services (% of GDP)

    Imports of goods and services represent the value of all goods and other market services received

    from the rest of the world. They include the value of merchandise, freight, insurance, transport,

    travel, royalties, license fees, and other services, such as communication, construction, financial,

    information, business, personal, and government services. They exclude compensation of

    employees and investment income (formerly called factor services) and transfer payments.

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    Total investment (Percent of GDP)

    Expressed as a ratio of total investment in current local currency and GDP in current local

    currency. Investment or gross capital formation is measured by the total value of the gross fixed

    capital formation and changes in inventories and acquisitions less disposals of valuables for a

    unit or sector. [SNA 1993]

    Gross national savings (Percent of GDP)

    Expressed as a ratio of gross national savings in current local currency and GDP in current local

    currency. Gross national saving is gross disposable income less final consumption expenditure

    after taking account of an adjustment for pension funds. [SNA 1993] For many countries, the

    estimates of national saving are built up from national accounts data on gross domestic

    investment and from balance of payments-based data on net foreign investment.