North America - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in North America was $14,991,200,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $15,438,200,000,000 in 2019 and $696,498,000,000 in 1970.

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
1970 $696,498,000,000
1971 $756,007,000,000
1972 $832,156,000,000
1973 $921,975,000,000
1974 $1,016,430,000,000
1975 $1,126,420,000,000
1976 $1,260,110,000,000
1977 $1,390,140,000,000
1978 $1,543,250,000,000
1979 $1,717,000,000,000
1980 $1,898,520,000,000
1981 $2,096,580,000,000
1982 $2,240,640,000,000
1983 $2,467,670,000,000
1984 $2,684,800,000,000
1985 $2,911,840,000,000
1986 $3,097,410,000,000
1987 $3,315,420,000,000
1988 $3,608,490,000,000
1989 $3,889,020,000,000
1990 $4,143,030,000,000
1991 $4,295,530,000,000
1992 $4,541,820,000,000
1993 $4,787,170,000,000
1994 $5,050,570,000,000
1995 $5,302,380,000,000
1996 $5,602,000,000,000
1997 $5,911,000,000,000
1998 $6,240,930,000,000
1999 $6,667,240,000,000
2000 $7,175,370,000,000
2001 $7,483,060,000,000
2002 $7,777,200,000,000
2003 $8,241,680,000,000
2004 $8,796,240,000,000
2005 $9,408,800,000,000
2006 $9,998,000,000,000
2007 $10,553,400,000,000
2008 $10,899,000,000,000
2009 $10,685,700,000,000
2010 $11,185,300,000,000
2011 $11,704,500,000,000
2012 $12,074,700,000,000
2013 $12,400,000,000,000
2014 $12,858,400,000,000
2015 $13,166,500,000,000
2016 $13,590,300,000,000
2017 $14,198,800,000,000
2018 $14,914,700,000,000
2019 $15,438,200,000,000
2020 $14,991,200,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in North America was 13,956,900,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 14,531,200,000,000 in 2019 and 3,422,130,000,000 in 1970.

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
1970 3,422,130,000,000
1971 3,557,350,000,000
1972 3,777,030,000,000
1973 3,968,630,000,000
1974 3,951,720,000,000
1975 4,045,880,000,000
1976 4,270,020,000,000
1977 4,445,840,000,000
1978 4,635,820,000,000
1979 4,745,710,000,000
1980 4,737,910,000,000
1981 4,802,940,000,000
1982 4,858,840,000,000
1983 5,122,880,000,000
1984 5,387,300,000,000
1985 5,665,200,000,000
1986 5,896,320,000,000
1987 6,098,450,000,000
1988 6,352,950,000,000
1989 6,540,340,000,000
1990 6,669,170,000,000
1991 6,675,310,000,000
1992 6,911,320,000,000
1993 7,144,650,000,000
1994 7,416,860,000,000
1995 7,632,310,000,000
1996 7,894,690,000,000
1997 8,197,640,000,000
1998 8,619,380,000,000
1999 9,075,330,000,000
2000 9,526,940,000,000
2001 9,762,440,000,000
2002 10,019,500,000,000
2003 10,333,900,000,000
2004 10,718,900,000,000
2005 11,101,100,000,000
2006 11,431,700,000,000
2007 11,723,800,000,000
2008 11,762,700,000,000
2009 11,619,900,000,000
2010 11,854,400,000,000
2011 12,060,700,000,000
2012 12,230,000,000,000
2013 12,421,400,000,000
2014 12,756,700,000,000
2015 13,166,500,000,000
2016 13,489,600,000,000
2017 13,828,400,000,000
2018 14,225,000,000,000
2019 14,531,200,000,000
2020 13,956,900,000,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in North America was -3.95 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 6.18 in 1972 and a minimum value of -3.95 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
1971 3.95
1972 6.18
1973 5.07
1974 -0.43
1975 2.38
1976 5.54
1977 4.12
1978 4.27
1979 2.37
1980 -0.16
1981 1.37
1982 1.16
1983 5.43
1984 5.16
1985 5.16
1986 4.08
1987 3.43
1988 4.17
1989 2.95
1990 1.97
1991 0.09
1992 3.54
1993 3.38
1994 3.81
1995 2.90
1996 3.44
1997 3.84
1998 5.14
1999 5.29
2000 4.98
2001 2.47
2002 2.63
2003 3.14
2004 3.73
2005 3.57
2006 2.98
2007 2.56
2008 0.33
2009 -1.21
2010 2.02
2011 1.74
2012 1.40
2013 1.57
2014 2.70
2015 3.21
2016 2.45
2017 2.51
2018 2.87
2019 2.15
2020 -3.95

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in North America was 15,003,600,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 15,433,700,000,000 in 2019 and 4,091,760,000,000 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 4,091,760,000,000
1991 4,236,200,000,000
1992 4,509,170,000,000
1993 4,782,480,000,000
1994 5,071,430,000,000
1995 5,330,990,000,000
1996 5,633,930,000,000
1997 5,947,820,000,000
1998 6,302,910,000,000
1999 6,732,630,000,000
2000 7,243,180,000,000
2001 7,571,020,000,000
2002 7,869,610,000,000
2003 8,285,740,000,000
2004 8,807,580,000,000
2005 9,383,170,000,000
2006 9,911,710,000,000
2007 10,426,000,000,000
2008 10,744,900,000,000
2009 10,587,800,000,000
2010 10,994,700,000,000
2011 11,472,600,000,000
2012 11,846,200,000,000
2013 12,182,300,000,000
2014 12,698,400,000,000
2015 13,123,900,000,000
2016 13,606,100,000,000
2017 14,197,100,000,000
2018 14,920,300,000,000
2019 15,433,700,000,000
2020 15,003,600,000,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in North America was 14,330,000,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 14,919,000,000,000 in 2019 and 6,847,050,000,000 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 constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 6,847,050,000,000
1991 6,853,490,000,000
1992 7,096,030,000,000
1993 7,335,760,000,000
1994 7,615,370,000,000
1995 7,836,660,000,000
1996 8,106,120,000,000
1997 8,417,050,000,000
1998 8,850,400,000,000
1999 9,318,760,000,000
2000 9,782,610,000,000
2001 10,024,400,000,000
2002 10,288,200,000,000
2003 10,611,100,000,000
2004 11,006,500,000,000
2005 11,398,900,000,000
2006 11,738,100,000,000
2007 12,037,800,000,000
2008 12,077,200,000,000
2009 11,930,400,000,000
2010 12,170,800,000,000
2011 12,382,500,000,000
2012 12,556,200,000,000
2013 12,752,500,000,000
2014 13,096,700,000,000
2015 13,517,700,000,000
2016 13,849,400,000,000
2017 14,197,100,000,000
2018 14,604,500,000,000
2019 14,919,000,000,000
2020 14,330,000,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in North America was 66.32 as of 2020. Its highest value over the past 50 years was 67.50 in 2009, while its lowest value was 59.22 in 1973.

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
1970 59.97
1971 59.79
1972 59.76
1973 59.22
1974 59.58
1975 60.59
1976 60.57
1977 60.60
1978 60.03
1979 59.81
1980 60.62
1981 59.66
1982 61.25
1983 62.07
1984 61.10
1985 61.89
1986 62.47
1987 62.70
1988 62.81
1989 62.64
1990 63.17
1991 63.45
1992 63.84
1993 64.36
1994 64.20
1995 64.30
1996 64.36
1997 64.00
1998 64.34
1999 64.65
2000 65.23
2001 66.08
2002 66.47
2003 66.69
2004 66.41
2005 66.19
2006 66.04
2007 66.26
2008 66.98
2009 67.50
2010 67.32
2011 67.49
2012 66.96
2013 66.53
2014 66.49
2015 66.49
2016 67.01
2017 66.98
2018 66.75
2019 66.59
2020 66.32

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts