Household final consumption expenditure, etc. (% of GDP) - Country Ranking - Europe

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: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Moldova 86.67 2016
2 Albania 78.52 2016
3 Montenegro 76.76 2016
4 Bosnia and Herzegovina 76.30 2016
5 Serbia 72.39 2016
6 Greece 69.88 2016
7 Cyprus 69.38 2016
8 United Kingdom 66.36 2016
9 Portugal 65.52 2016
10 Ukraine 65.34 2016
11 Macedonia 65.28 2016
12 Lithuania 64.27 2016
13 Romania 61.83 2016
14 Latvia 61.46 2016
15 Bulgaria 60.89 2016
16 Italy 60.85 2016
17 Turkey 59.82 2016
18 Belarus 58.79 2016
19 Poland 58.50 2016
20 Croatia 57.92 2016
21 Spain 57.64 2016
22 Finland 55.39 2016
23 France 55.31 2016
24 Slovak Republic 54.54 2016
25 Switzerland 53.69 2016
26 Slovenia 53.39 2016
27 Germany 53.26 2016
28 Austria 53.07 2016
29 Belgium 51.19 2016
30 Estonia 51.18 2016
31 Hungary 49.89 2016
32 Iceland 49.01 2016
33 Malta 48.34 2016
34 Denmark 47.43 2016
35 Czech Republic 46.96 2016
36 Norway 45.51 2016
37 Sweden 44.26 2016
38 Netherlands 44.22 2016
39 Ireland 32.93 2016
40 Luxembourg 30.26 2016

More rankings: Africa | Asia | Central America & the Caribbean | Europe | Middle East | North America | Oceania | South America | World |

Limitations and Exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Household final consumption expenditure is often estimated as a residual, by subtracting all other known expenditures from GDP. The resulting aggregate may incorporate fairly large discrepancies. When household consumption is calculated separately, many of the estimates are based on household surveys, which tend to be one-year studies with limited coverage. Thus the estimates quickly become outdated and must be supplemented by estimates using price- and quantity-based statistical procedures. Complicating the issue, in many developing countries the distinction between cash outlays for personal business and those for household use may be blurred. Informal economic activities pose a particular measurement problem, especially in developing countries, where much economic activity is unrecorded. A complete picture of the economy requires estimating household outputs produced for home use, sales in informal markets, barter exchanges, and illicit or deliberately unreported activities. The consistency and completeness of such estimates depend on the skill and methods of the compiling statisticians.

Statistical Concept and Methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.

Aggregation method: Weighted average

Periodicity: Annual