Northern Mariana Islands - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Northern Mariana Islands was $688,000,000 as of 2019. Over the past 17 years, the value for this indicator has fluctuated between $688,000,000 in 2019 and $425,000,000 in 2005.

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
2002 $459,000,000
2003 $470,000,000
2004 $477,000,000
2005 $425,000,000
2006 $474,000,000
2007 $480,000,000
2008 $504,000,000
2009 $431,000,000
2010 $442,000,000
2011 $446,000,000
2012 $460,000,000
2013 $490,000,000
2014 $525,000,000
2015 $529,000,000
2016 $571,000,000
2017 $654,000,000
2018 $677,000,000
2019 $688,000,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Northern Mariana Islands was 688,000,000 as of 2019. As the graph below shows, over the past 17 years this indicator reached a maximum value of 688,000,000 in 2019 and a minimum value of 425,000,000 in 2005.

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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2002 459,000,000
2003 470,000,000
2004 477,000,000
2005 425,000,000
2006 474,000,000
2007 480,000,000
2008 504,000,000
2009 431,000,000
2010 442,000,000
2011 446,000,000
2012 460,000,000
2013 490,000,000
2014 525,000,000
2015 529,000,000
2016 571,000,000
2017 654,000,000
2018 677,000,000
2019 688,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Northern Mariana Islands was 644,331,500 as of 2019. Over the past 17 years, the value for this indicator has fluctuated between 644,331,500 in 2019 and 428,918,900 in 2009.

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
2002 573,798,200
2003 603,345,900
2004 582,376,600
2005 496,592,800
2006 523,281,100
2007 513,749,500
2008 507,077,500
2009 428,918,900
2010 442,263,100
2011 428,918,900
2012 438,450,500
2013 473,717,100
2014 508,030,600
2015 529,000,000
2016 567,126,100
2017 630,987,400
2018 635,753,200
2019 644,331,500

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Northern Mariana Islands was 1.35 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 11.26 in 2017 and a minimum value of -15.41 in 2009.

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
2003 5.15
2004 -3.48
2005 -14.73
2006 5.37
2007 -1.82
2008 -1.30
2009 -15.41
2010 3.11
2011 -3.02
2012 2.22
2013 8.04
2014 7.24
2015 4.13
2016 7.21
2017 11.26
2018 0.76
2019 1.35

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Northern Mariana Islands was 676,000,000 as of 2019. As the graph below shows, over the past 17 years this indicator reached a maximum value of 676,000,000 in 2019 and a minimum value of 450,000,000 in 2009.

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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2002 602,000,000
2003 633,000,000
2004 611,000,000
2005 521,000,000
2006 549,000,000
2007 539,000,000
2008 532,000,000
2009 450,000,000
2010 464,000,000
2011 450,000,000
2012 460,000,000
2013 497,000,000
2014 533,000,000
2015 555,000,000
2016 595,000,000
2017 662,000,000
2018 667,000,000
2019 676,000,000

Household final consumption expenditure, PPP (current international $)

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
2011 426,112,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Northern Mariana Islands was 58.21 as of 2019. Its highest value over the past 17 years was 63.47 in 2013, while its lowest value was 35.75 in 2002.

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
2002 35.75
2003 37.93
2004 39.42
2005 40.06
2006 47.88
2007 51.17
2008 53.67
2009 54.21
2010 55.32
2011 61.18
2012 61.66
2013 63.47
2014 63.10
2015 58.13
2016 46.42
2017 41.92
2018 52.00
2019 58.21

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts