Household final consumption expenditure (constant LCU) - Central America & the Caribbean

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.

Description: The map below shows how Household final consumption expenditure (constant LCU) varies by country in Central America & the Caribbean. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the region is Costa Rica, with a value of 22,098,800,000,000.00. The country with the lowest value in the region is Belize, with a value of 1,625,882,000.00.

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

See also: Country ranking, Time series comparison

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Base Period: varies by country

Periodicity: Annual