Pacific island small states - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Pacific island small states was $6,063,048,000 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between $6,993,128,000 in 2019 and $1,319,003,000 in 1980.

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
1980 $1,319,003,000
1981 $1,458,882,000
1982 $1,372,061,000
1983 $1,389,427,000
1984 $1,400,515,000
1985 $1,382,773,000
1986 $1,473,077,000
1987 $1,489,337,000
1988 $1,562,274,000
1989 $1,697,751,000
1990 $1,896,445,000
1991 $2,009,436,000
1992 $2,077,606,000
1993 $2,083,983,000
1994 $2,355,184,000
1995 $2,565,366,000
1996 $2,565,767,000
1997 $2,539,286,000
1998 $2,058,153,000
1999 $2,183,615,000
2000 $2,151,626,000
2001 $2,058,964,000
2002 $2,149,932,000
2003 $2,566,421,000
2004 $2,919,288,000
2005 $4,460,649,000
2006 $4,573,082,000
2007 $4,850,576,000
2008 $5,414,171,000
2009 $4,547,151,000
2010 $4,872,843,000
2011 $5,446,635,000
2012 $5,680,657,000
2013 $5,882,052,000
2014 $5,979,052,000
2015 $5,724,799,000
2016 $6,234,227,000
2017 $6,702,460,000
2018 $6,955,321,000
2019 $6,993,128,000
2020 $6,063,048,000

Household final consumption expenditure (constant 2010 US$)

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
2015 5,724,799,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Pacific island small states was 63.62 as of 2020. Its highest value over the past 40 years was 83.70 in 2005, while its lowest value was 58.16 in 1999.

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
1980 67.22
1981 72.17
1982 69.51
1983 74.01
1984 70.80
1985 73.82
1986 72.11
1987 75.01
1988 76.90
1989 80.84
1990 80.66
1991 80.36
1992 75.74
1993 71.66
1994 68.74
1995 69.02
1996 64.49
1997 63.71
1998 60.30
1999 58.16
2000 62.46
2001 60.64
2002 60.32
2003 61.43
2004 60.59
2005 83.70
2006 81.46
2007 78.33
2008 81.92
2009 76.86
2010 74.20
2011 70.61
2012 69.39
2013 69.22
2014 64.80
2015 63.47
2016 65.93
2017 65.63
2018 65.27
2019 65.72
2020 63.62

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts