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Consumption and investment Variable Code Coverage Latest Total consumption Millions of local currency cons1960–2025 4,538,153 (2025) Total consumption (% of GDP) Percent of GDP cons_GDP1960–2025 108.3 (2025) Total consumption (USD) Millions of US dollars cons_USD1960–2025 34,741 (2025) Household consumption Millions of local currency hcons1960–2025 4,308,039 (2025) Household consumption (% of GDP) Percent of GDP hcons_GDP1960–2025 102.8 (2025) Household consumption (USD) Millions of US dollars hcons_USD1960–2025 32,980 (2025) Government consumption Millions of local currency gcons1960–2025 231,205 (2025) Government consumption (% of GDP) Percent of GDP gcons_GDP1960–2025 5.52 (2025) Government consumption (USD) Millions of US dollars gcons_USD1960–2025 1,770 (2025) Gross capital formation Millions of local currency inv1960–2025 505,560 (2025) Gross capital formation (% of GDP) Percent of GDP inv_GDP1960–2025 12.1 (2025) Gross capital formation (USD) Millions of US dollars inv_USD1960–2025 3,870 (2025) Gross fixed capital formation Millions of local currency finv1955–2025 430,758 (2025) Gross fixed capital formation (% of GDP) Percent of GDP finv_GDP1955–2025 10.3 (2025) Gross fixed capital formation (USD) Millions of US dollars finv_USD1955–2025 3,298 (2025)
Government finances Variable Code Coverage Latest Government expenditure Millions of local currency govexp1945–2025 259,543 (2025) General government expenditure Millions of local currency gen_govexp1945–2025 259,543 (2025) General government expenditure (% of GDP) Percent of GDP gen_govexp_GDP1924–2025 6.19 (2025) Central government expenditure Millions of local currency cgovexp1955–1990 2,681 (1990) Central government expenditure (% of GDP) Percent of GDP cgovexp_GDP1955–1990 15.3 (1990) Government revenue Millions of local currency govrev1945–2025 250,193 (2025) General government revenue Millions of local currency gen_govrev1945–2025 250,193 (2025) Central government revenue Millions of local currency cgovrev1955–1987 2,275 (1987) General government revenue (% of GDP) Percent of GDP gen_govrev_GDP1924–2025 5.97 (2025) Central government revenue (% of GDP) Percent of GDP cgovrev_GDP1955–1987 17.5 (1987) Government deficit (% of GDP) Percent of GDP govdef_GDP1924–2025 -0.223 (2025) General government deficit (% of GDP) Percent of GDP gen_govdef_GDP1924–2025 -0.223 (2025) General government deficit Millions of local currency gen_govdef1945–2025 -9,350 (2025) Central government deficit (% of GDP) Percent of GDP cgovdef_GDP1955–1987 -3.15 (1987) Central government deficit Millions of local currency cgovdef1955–1987 -408.7 (1987) Government debt (% of GDP) Percent of GDP govdebt_GDP1945–2025 12.3 (2025) General government debt (% of GDP) Percent of GDP gen_govdebt_GDP1945–2025 12.3 (2025) General government debt Millions of local currency gen_govdebt1945–2025 515,929 (2025) Central government debt (% of GDP) Percent of GDP cgovdebt_GDP1970–2024 14.9 (2024) Central government debt Millions of local currency cgovdebt1970–2024 498,637 (2024) Government debt Millions of local currency govdebt1945–2025 515,929 (2025) Government deficit Millions of local currency govdef1945–2025 -9,350 (2025) Government expenditure (% of GDP) Percent of GDP govexp_GDP1924–2025 6.19 (2025) Government revenue (% of GDP) Percent of GDP govrev_GDP1924–2025 5.97 (2025)
Money and interest rates Variable Code Coverage Latest Short-term interest rate Percent strate1995–2020 4.30 (2020) Central bank policy rate Percent cbrate1997–2021 10.0 (2021) M0 (monetary base) Millions of local currency M01950–2022 479,350 (2022) M1 Millions of local currency M11950–2022 227,300 (2022) M2 Millions of local currency M21950–2022 328,614 (2022) M3 Millions of local currency M31990–2023 634,875 (2023)
Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →