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Consumption and investment Variable Code Coverage Latest Total consumption Millions of local currency cons1960–2025 2,616,764 (2025) Total consumption (% of GDP) Percent of GDP cons_GDP1960–2025 78.9 (2025) Total consumption (USD) Millions of US dollars cons_USD1960–2025 335,631 (2025) Household consumption Millions of local currency hcons1960–2025 2,197,352 (2025) Household consumption (% of GDP) Percent of GDP hcons_GDP1960–2025 66.2 (2025) Household consumption (USD) Millions of US dollars hcons_USD1960–2025 281,837 (2025) Government consumption Millions of local currency gcons1960–2025 419,411 (2025) Government consumption (% of GDP) Percent of GDP gcons_GDP1960–2025 12.6 (2025) Government consumption (USD) Millions of US dollars gcons_USD1960–2025 53,794 (2025) Gross capital formation Millions of local currency inv1947–2025 596,095 (2025) Gross capital formation (% of GDP) Percent of GDP inv_GDP1947–2025 18.0 (2025) Gross capital formation (USD) Millions of US dollars inv_USD1950–2025 76,456 (2025) Gross fixed capital formation Millions of local currency finv1961–2025 552,066 (2025) Gross fixed capital formation (% of GDP) Percent of GDP finv_GDP1961–2025 16.6 (2025) Gross fixed capital formation (USD) Millions of US dollars finv_USD1961–2025 70,809 (2025)
Government finances Variable Code Coverage Latest Government expenditure Millions of local currency govexp1947–2025 770,640 (2025) General government expenditure Millions of local currency gen_govexp1961–2025 770,640 (2025) General government expenditure (% of GDP) Percent of GDP gen_govexp_GDP1961–2025 23.2 (2025) Central government expenditure Millions of local currency cgovexp1947–1954 373.3 (1954) Central government expenditure (% of GDP) Percent of GDP cgovexp_GDP1947–1954 9.33 (1954) Government revenue Millions of local currency govrev1947–2025 612,533 (2025) General government revenue Millions of local currency gen_govrev1961–2025 612,533 (2025) Central government revenue Millions of local currency cgovrev1947–1954 434.5 (1954) General government revenue (% of GDP) Percent of GDP gen_govrev_GDP1961–2025 18.5 (2025) Central government revenue (% of GDP) Percent of GDP cgovrev_GDP1947–1954 10.9 (1954) Government tax revenue Millions of local currency govtax2002–2023 395,740 (2023) General government tax revenue Millions of local currency gen_govtax2002–2023 395,740 (2023) General government tax revenue (% of GDP) Percent of GDP gen_govtax_GDP2002–2023 13.3 (2023) Government deficit (% of GDP) Percent of GDP govdef_GDP1981–2025 -4.77 (2025) General government deficit (% of GDP) Percent of GDP gen_govdef_GDP1981–2025 -4.77 (2025) General government deficit Millions of local currency gen_govdef1981–2025 -158,107 (2025) Government debt (% of GDP) Percent of GDP govdebt_GDP2001–2025 11.9 (2025) General government debt (% of GDP) Percent of GDP gen_govdebt_GDP2001–2025 11.9 (2025) General government debt Millions of local currency gen_govdebt2001–2025 393,203 (2025) Central government debt (% of GDP) Percent of GDP cgovdebt_GDP2001–2023 17.4 (2023) Central government debt Millions of local currency cgovdebt2001–2023 520,047 (2023) Government debt Millions of local currency govdebt2001–2025 393,203 (2025) Government deficit Millions of local currency govdef1981–2025 -158,107 (2025) Government expenditure (% of GDP) Percent of GDP govexp_GDP1947–2025 23.2 (2025) Government revenue (% of GDP) Percent of GDP govrev_GDP1947–2025 18.5 (2025) Government tax revenue (% of GDP) Percent of GDP govtax_GDP2002–2023 13.3 (2023)
Money and interest rates Variable Code Coverage Latest Short-term interest rate Percent strate1990–2025 2.45 (2025) Central bank policy rate Percent cbrate1992–2025 4.00 (2025) M0 (monetary base) Millions of local currency M01852–2025 2,040,126 (2025) M1 Millions of local currency M11954–2019 2,484,738 (2019) M2 Millions of local currency M21867–2020 15,606,608 (2020) M3 Millions of local currency M32004–2025 16,025,995 (2025)
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 →