China - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in China was $5,610,600,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $5,610,600,000,000 in 2020 and $30,128,360,000 in 1960.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $30,128,360,000
1961 $33,174,910,000
1962 $34,068,570,000
1963 $34,291,980,000
1964 $36,136,160,000
1965 $38,650,580,000
1966 $41,477,780,000
1967 $43,931,270,000
1968 $43,732,230,000
1969 $45,807,940,000
1970 $49,021,040,000
1971 $51,263,300,000
1972 $59,427,200,000
1973 $72,006,630,000
1974 $74,801,140,000
1975 $82,186,260,000
1976 $81,822,390,000
1977 $88,696,310,000
1978 $71,508,130,000
1979 $87,563,670,000
1980 $97,370,120,000
1981 $104,267,000,000
1982 $109,432,000,000
1983 $123,408,000,000
1984 $131,770,000,000
1985 $157,396,000,000
1986 $153,435,000,000
1987 $135,596,000,000
1988 $154,982,000,000
1989 $177,692,000,000
1990 $180,402,000,000
1991 $183,702,000,000
1992 $193,284,000,000
1993 $195,665,000,000
1994 $248,798,000,000
1995 $336,086,000,000
1996 $404,659,000,000
1997 $441,335,000,000
1998 $468,269,000,000
1999 $505,488,000,000
2000 $566,091,000,000
2001 $609,690,000,000
2002 $660,468,000,000
2003 $709,072,000,000
2004 $794,084,000,000
2005 $904,943,000,000
2006 $1,038,980,000,000
2007 $1,291,240,000,000
2008 $1,621,230,000,000
2009 $1,802,290,000,000
2010 $2,089,500,000,000
2011 $2,637,020,000,000
2012 $3,019,260,000,000
2013 $3,429,380,000,000
2014 $3,845,400,000,000
2015 $4,178,280,000,000
2016 $4,344,470,000,000
2017 $4,744,770,000,000
2018 $5,352,550,000,000
2019 $5,604,600,000,000
2020 $5,610,600,000,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in China was 38,717,600,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 38,718,800,000,000 in 2019 and a minimum value of 74,170,000,000 in 1960.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 74,170,000,000
1961 81,670,000,000
1962 83,870,000,000
1963 84,420,000,000
1964 88,960,000,000
1965 95,150,000,000
1966 102,110,000,000
1967 108,150,000,000
1968 107,660,000,000
1969 112,770,000,000
1970 120,680,000,000
1971 126,200,000,000
1972 133,420,000,000
1973 143,250,000,000
1974 146,700,000,000
1975 152,850,000,000
1976 158,850,000,000
1977 164,780,000,000
1978 175,910,000,000
1979 201,396,000,000
1980 233,688,000,000
1981 262,753,000,000
1982 286,712,000,000
1983 322,094,000,000
1984 368,955,000,000
1985 462,744,000,000
1986 529,352,000,000
1987 604,760,000,000
1988 753,214,000,000
1989 877,797,000,000
1990 943,504,000,000
1991 1,054,450,000,000
1992 1,231,220,000,000
1993 1,569,490,000,000
1994 2,144,320,000,000
1995 2,806,560,000,000
1996 3,364,410,000,000
1997 3,658,580,000,000
1998 3,876,850,000,000
1999 4,184,580,000,000
2000 4,686,330,000,000
2001 5,046,470,000,000
2002 5,466,700,000,000
2003 5,868,990,000,000
2004 6,572,480,000,000
2005 7,415,370,000,000
2006 8,284,240,000,000
2007 9,823,130,000,000
2008 11,265,500,000,000
2009 12,312,200,000,000
2010 14,146,500,000,000
2011 17,039,100,000,000
2012 19,058,500,000,000
2013 21,247,700,000,000
2014 23,623,800,000,000
2015 26,020,200,000,000
2016 28,866,800,000,000
2017 32,069,000,000,000
2018 35,412,400,000,000
2019 38,718,800,000,000
2020 38,717,600,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in China was 5,604,090,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 5,747,970,000,000 in 2019 and 671,112,000,000 in 1995.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 671,112,000,000
1996 748,807,000,000
1997 793,312,000,000
1998 846,987,000,000
1999 926,076,000,000
2000 1,033,410,000,000
2001 1,105,590,000,000
2002 1,206,500,000,000
2003 1,280,810,000,000
2004 1,384,390,000,000
2005 1,537,010,000,000
2006 1,694,050,000,000
2007 1,927,420,000,000
2008 2,096,710,000,000
2009 2,306,200,000,000
2010 2,573,690,000,000
2011 2,960,950,000,000
2012 3,233,510,000,000
2013 3,520,100,000,000
2014 3,843,750,000,000
2015 4,178,280,000,000
2016 4,551,690,000,000
2017 4,985,700,000,000
2018 5,400,580,000,000
2019 5,747,970,000,000
2020 5,604,090,000,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in China was -2.50 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 15.05 in 2011 and a minimum value of -2.50 in 2020.

Definition: Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1996 11.58
1997 5.94
1998 6.77
1999 9.34
2000 11.59
2001 6.98
2002 9.13
2003 6.16
2004 8.09
2005 11.02
2006 10.22
2007 13.78
2008 8.78
2009 9.99
2010 11.60
2011 15.05
2012 9.21
2013 8.86
2014 9.19
2015 8.70
2016 8.94
2017 9.54
2018 8.32
2019 6.43
2020 -2.50

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in China was 34,899,500,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 35,795,500,000,000 in 2019 and a minimum value of 4,179,350,000,000 in 1995.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 4,179,350,000,000
1996 4,663,190,000,000
1997 4,940,350,000,000
1998 5,274,610,000,000
1999 5,767,140,000,000
2000 6,435,570,000,000
2001 6,885,090,000,000
2002 7,513,500,000,000
2003 7,976,260,000,000
2004 8,621,260,000,000
2005 9,571,720,000,000
2006 10,549,700,000,000
2007 12,003,000,000,000
2008 13,057,200,000,000
2009 14,361,800,000,000
2010 16,027,600,000,000
2011 18,439,300,000,000
2012 20,136,700,000,000
2013 21,921,400,000,000
2014 23,937,000,000,000
2015 26,020,200,000,000
2016 28,345,700,000,000
2017 31,048,400,000,000
2018 33,632,100,000,000
2019 35,795,500,000,000
2020 34,899,500,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in China was 9,164,400,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 9,272,040,000,000 in 2019 and 386,871,000,000 in 1990.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 386,871,000,000
1991 435,193,000,000
1992 492,265,000,000
1993 563,677,000,000
1994 635,946,000,000
1995 732,673,000,000
1996 834,665,000,000
1997 903,681,000,000
1998 980,035,000,000
1999 1,096,340,000,000
2000 1,264,850,000,000
2001 1,390,550,000,000
2002 1,541,520,000,000
2003 1,673,660,000,000
2004 1,853,560,000,000
2005 2,124,480,000,000
2006 2,410,220,000,000
2007 2,804,390,000,000
2008 3,152,820,000,000
2009 3,458,700,000,000
2010 3,914,860,000,000
2011 4,608,250,000,000
2012 5,199,440,000,000
2013 5,536,640,000,000
2014 5,988,630,000,000
2015 6,461,180,000,000
2016 7,035,350,000,000
2017 7,733,720,000,000
2018 8,570,800,000,000
2019 9,272,040,000,000
2020 9,164,400,000,000

Household final consumption expenditure, PPP (constant 2011 international $)

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in China was 8,692,950,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 8,916,130,000,000 in 2019 and 1,041,020,000,000 in 1995.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 1,041,020,000,000
1996 1,161,530,000,000
1997 1,230,570,000,000
1998 1,313,830,000,000
1999 1,436,510,000,000
2000 1,603,010,000,000
2001 1,714,980,000,000
2002 1,871,500,000,000
2003 1,986,770,000,000
2004 2,147,430,000,000
2005 2,384,180,000,000
2006 2,627,770,000,000
2007 2,989,770,000,000
2008 3,252,370,000,000
2009 3,577,330,000,000
2010 3,992,250,000,000
2011 4,592,960,000,000
2012 5,015,760,000,000
2013 5,460,300,000,000
2014 5,962,350,000,000
2015 6,481,260,000,000
2016 7,060,490,000,000
2017 7,733,720,000,000
2018 8,377,270,000,000
2019 8,916,130,000,000
2020 8,692,950,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in China was 38.11 as of 2020. Its highest value over the past 60 years was 72.16 in 1962, while its lowest value was 34.33 in 2010.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 50.45
1961 66.27
1962 72.16
1963 67.63
1964 60.52
1965 54.87
1966 54.06
1967 60.28
1968 61.73
1969 57.47
1970 52.94
1971 51.37
1972 52.27
1973 51.97
1974 51.88
1975 50.29
1976 53.15
1977 50.70
1978 47.82
1979 49.12
1980 50.94
1981 53.23
1982 53.36
1983 53.50
1984 50.69
1985 50.86
1986 51.02
1987 49.67
1988 49.62
1989 51.09
1990 49.99
1991 47.92
1992 45.27
1993 44.00
1994 44.09
1995 45.75
1996 46.85
1997 45.90
1998 45.51
1999 46.21
2000 46.73
2001 45.52
2002 44.91
2003 42.71
2004 40.61
2005 39.59
2006 37.75
2007 36.37
2008 35.29
2009 35.33
2010 34.33
2011 34.92
2012 35.39
2013 35.83
2014 36.71
2015 37.77
2016 38.67
2017 38.54
2018 38.52
2019 39.25
2020 38.11

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts