Low income - 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

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity