World - Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in World was 70,071,400,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 72,694,000,000,000 in 2019 and 15,015,000,000,000 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 15,015,000,000,000
1991 15,802,600,000,000
1992 16,760,500,000,000
1993 17,544,800,000,000
1994 18,488,600,000,000
1995 19,539,800,000,000
1996 20,772,700,000,000
1997 21,928,000,000,000
1998 22,755,900,000,000
1999 24,128,300,000,000
2000 26,073,600,000,000
2001 27,590,500,000,000
2002 28,906,100,000,000
2003 30,382,000,000,000
2004 32,509,600,000,000
2005 34,975,000,000,000
2006 37,698,600,000,000
2007 40,827,200,000,000
2008 43,442,900,000,000
2009 43,691,100,000,000
2010 46,404,000,000,000
2011 49,923,800,000,000
2012 53,277,200,000,000
2013 55,389,700,000,000
2014 57,688,700,000,000
2015 59,604,000,000,000
2016 62,356,300,000,000
2017 65,570,900,000,000
2018 69,858,400,000,000
2019 72,694,000,000,000
2020 70,071,400,000,000

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity