Low income - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Low income was $347,169,000,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between $444,000,000,000 in 2010 and $97,592,970,000 in 1994.

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
1994 $97,592,970,000
1995 $110,432,000,000
1996 $121,899,000,000
1997 $129,146,000,000
1998 $135,212,000,000
1999 $136,849,000,000
2000 $151,957,000,000
2001 $143,087,000,000
2002 $154,626,000,000
2003 $168,878,000,000
2004 $194,593,000,000
2005 $236,729,000,000
2006 $277,693,000,000
2007 $336,776,000,000
2008 $414,704,000,000
2009 $426,081,000,000
2010 $444,000,000,000
2011 $292,304,000,000
2012 $290,816,000,000
2013 $292,698,000,000
2014 $298,571,000,000
2015 $281,635,000,000
2016 $275,204,000,000
2017 $293,533,000,000
2018 $316,724,000,000
2019 $335,686,000,000
2020 $347,169,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Low income was 354,313,000,000 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between 354,313,000,000 in 2020 and 154,140,000,000 in 1997.

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
1997 154,140,000,000
1998 162,945,000,000
1999 164,387,000,000
2000 163,112,000,000
2001 165,238,000,000
2002 172,615,000,000
2003 187,628,000,000
2004 201,747,000,000
2005 221,687,000,000
2006 220,286,000,000
2007 236,137,000,000
2008 251,041,000,000
2009 259,403,000,000
2010 271,206,000,000
2011 278,578,000,000
2012 274,912,000,000
2013 269,907,000,000
2014 274,796,000,000
2015 281,635,000,000
2016 291,583,000,000
2017 300,041,000,000
2018 304,871,000,000
2019 336,604,000,000
2020 354,313,000,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Low income was 5.26 as of 2020. As the graph below shows, over the past 22 years this indicator reached a maximum value of 10.41 in 2019 and a minimum value of -1.82 in 2013.

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
1998 5.71
1999 0.89
2000 -0.78
2001 1.30
2002 4.46
2003 8.70
2004 7.53
2005 9.88
2006 -0.63
2007 7.20
2008 6.31
2009 3.33
2010 4.55
2011 2.72
2012 -1.32
2013 -1.82
2014 1.81
2015 2.49
2016 3.53
2017 2.90
2018 1.61
2019 10.41
2020 5.26

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Low income was 835,118,000,000 as of 2019. Over the past 15 years, the value for this indicator has fluctuated between 835,118,000,000 in 2019 and 314,881,000,000 in 2004.

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
2004 314,881,000,000
2005 361,327,000,000
2006 394,378,000,000
2007 423,101,000,000
2008 444,962,000,000
2009 459,784,000,000
2010 503,994,000,000
2011 531,849,000,000
2012 563,043,000,000
2013 597,534,000,000
2014 616,429,000,000
2015 647,381,000,000
2016 704,806,000,000
2017 739,421,000,000
2018 778,524,000,000
2019 835,118,000,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Low income was 949,394,000,000 as of 2020. Over the past 27 years, the value for this indicator has fluctuated between 949,394,000,000 in 2020 and 288,146,000,000 in 1993.

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
1993 288,146,000,000
1994 291,082,000,000
1995 304,148,000,000
1996 314,796,000,000
1997 320,597,000,000
1998 339,305,000,000
1999 352,769,000,000
2000 351,827,000,000
2001 368,067,000,000
2002 391,670,000,000
2003 407,860,000,000
2004 433,343,000,000
2005 454,796,000,000
2006 479,468,000,000
2007 499,969,000,000
2008 515,484,000,000
2009 545,763,000,000
2010 573,609,000,000
2011 567,744,000,000
2012 598,089,000,000
2013 640,334,000,000
2014 670,232,000,000
2015 713,069,000,000
2016 740,778,000,000
2017 766,614,000,000
2018 802,305,000,000
2019 899,054,000,000
2020 949,394,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Low income was 75.52 as of 2020. Its highest value over the past 26 years was 85.34 in 1998, while its lowest value was 67.35 in 2015.

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
1994 84.93
1995 85.18
1996 84.79
1997 83.60
1998 85.34
1999 84.93
2000 80.64
2001 76.01
2002 76.62
2003 76.58
2004 75.22
2005 76.75
2006 77.66
2007 78.19
2008 80.39
2009 81.64
2010 76.79
2011 72.36
2012 75.65
2013 74.01
2014 70.44
2015 67.35
2016 71.07
2017 71.74
2018 74.42
2019 74.86
2020 75.52

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts