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- http://purl.semanticip.org/linked-data/sdmx/concept/EXPENDITURE
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- Expenditure according to purpose
Breakdown of spending by institutional sectors between major expenditure functions.
This concept is typically used in the SNA (System of National Accounts) where transactions are first analysed according to their nature, then, for certain sectors or kind of transactions, from the expenditure side, by purpose, answering the question "for what purpose"?. The classifications supporting this concept are the following: Classification of the functions of government (COFOG); Classification of individual consumption by purpose (COICOP); Classification of the purposes of non-profit institutions serving households (COPNI), and; Classification of outlays of producers by purpose (COPP). The main purpose of these classifications is to provide statistics which experience has shown to be of general interest for a wide variety of analytical uses. For example, COICOP shows items such as household expenditure on food, health and education services all of which are important indicators of national welfare; COFOG shows government expenditure on health, education, defence and so on and is also used to distinguish between collective services and individual consumption goods and services provided by government.
urn:sdmx:org.sdmx.infomodel.conceptscheme.Concept=SDMX:CROSS_DOMAIN_CONCEPTS(2.0).EXPENDITURE
Recommended representation: Code list
Codelist ID: CL_COFOG; CL_COICOP; CL_COPNI; CL_COPP
Used in the following terms: -
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