We have used the time series over the period 1995 to 2007 based on the new COFOG classification and extended it back to 1970 employing the previous COFOG.
IMF, Government Finance Statistics, also provide information related to government spending using the COFOG classification.
The portions of spending for all appropriations that were estimated by BEA to be consumption expenditures and gross investment were summed by budget function and then aggregated into the COFOG
functions (see table 1).
is the international classification standard, which is cited in the System of National Accounts, 1993 and the Government Finance Statistics Manual, 2001.
A final version of COFOG
was approved by the United Nations Statistical Commission in March 1999 and published in Classification of Expenditures According to Purpose, Statistical Papers, Series M, No.