Kenya - Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Kenya was 75.51 as of 2020. Its highest value over the past 60 years was 79.57 in 2001, while its lowest value was 55.65 in 1977.

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 71.90
1961 71.19
1962 71.93
1963 72.52
1964 68.91
1965 70.06
1966 66.12
1967 66.61
1968 64.64
1969 62.75
1970 60.18
1971 64.65
1972 62.17
1973 59.01
1974 64.43
1975 68.22
1976 61.61
1977 55.65
1978 60.50
1979 64.51
1980 62.03
1981 61.74
1982 63.50
1983 61.14
1984 64.22
1985 58.24
1986 59.92
1987 62.25
1988 61.54
1989 68.89
1990 62.39
1991 63.51
1992 67.30
1993 63.13
1994 62.42
1995 69.26
1996 76.07
1997 77.18
1998 77.69
1999 78.58
2000 78.29
2001 79.57
2002 78.61
2003 77.12
2004 75.52
2005 75.40
2006 76.23
2007 74.85
2008 75.33
2009 72.47
2010 72.83
2011 76.01
2012 75.20
2013 76.50
2014 76.07
2015 75.52
2016 76.41
2017 77.91
2018 77.10
2019 77.49
2020 75.51

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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts