European Union - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in European Union was $7,897,090,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $8,942,820,000,000 in 2008 and $409,478,000,000 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 $409,478,000,000
1971 $463,077,000,000
1972 $558,453,000,000
1973 $717,842,000,000
1974 $813,714,000,000
1975 $970,747,000,000
1976 $1,015,360,000,000
1977 $1,153,740,000,000
1978 $1,390,820,000,000
1979 $1,689,190,000,000
1980 $1,909,020,000,000
1981 $1,681,780,000,000
1982 $1,624,750,000,000
1983 $1,575,080,000,000
1984 $1,506,680,000,000
1985 $1,548,340,000,000
1986 $2,140,860,000,000
1987 $2,662,410,000,000
1988 $2,890,910,000,000
1989 $2,952,630,000,000
1990 $3,672,120,000,000
1991 $3,801,090,000,000
1992 $4,204,960,000,000
1993 $3,842,920,000,000
1994 $4,043,330,000,000
1995 $4,636,050,000,000
1996 $4,740,250,000,000
1997 $4,327,340,000,000
1998 $4,445,890,000,000
1999 $4,431,660,000,000
2000 $4,070,410,000,000
2001 $4,127,580,000,000
2002 $4,488,260,000,000
2003 $5,530,820,000,000
2004 $6,329,520,000,000
2005 $6,627,860,000,000
2006 $7,008,130,000,000
2007 $8,028,860,000,000
2008 $8,942,820,000,000
2009 $8,248,880,000,000
2010 $8,094,240,000,000
2011 $8,731,660,000,000
2012 $8,138,780,000,000
2013 $8,457,150,000,000
2014 $8,566,480,000,000
2015 $7,322,550,000,000
2016 $7,484,800,000,000
2017 $7,913,200,000,000
2018 $8,540,290,000,000
2019 $8,317,910,000,000
2020 $7,897,090,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in European Union was 7,328,200,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 7,906,430,000,000 in 2019 and 2,870,740,000,000 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 2,870,740,000,000
1971 3,006,980,000,000
1972 3,154,890,000,000
1973 3,317,650,000,000
1974 3,389,980,000,000
1975 3,468,320,000,000
1976 3,635,480,000,000
1977 3,749,940,000,000
1978 3,857,880,000,000
1979 3,999,710,000,000
1980 4,081,950,000,000
1981 4,102,430,000,000
1982 4,135,540,000,000
1983 4,170,430,000,000
1984 4,228,290,000,000
1985 4,320,540,000,000
1986 4,477,740,000,000
1987 4,635,790,000,000
1988 4,792,550,000,000
1989 4,959,240,000,000
1990 5,111,130,000,000
1991 5,215,900,000,000
1992 5,313,880,000,000
1993 5,273,930,000,000
1994 5,364,490,000,000
1995 5,463,430,000,000
1996 5,590,170,000,000
1997 5,702,600,000,000
1998 5,888,280,000,000
1999 6,083,350,000,000
2000 6,262,640,000,000
2001 6,382,080,000,000
2002 6,452,150,000,000
2003 6,542,040,000,000
2004 6,679,060,000,000
2005 6,825,520,000,000
2006 6,982,640,000,000
2007 7,136,920,000,000
2008 7,181,630,000,000
2009 7,101,360,000,000
2010 7,168,720,000,000
2011 7,193,190,000,000
2012 7,133,120,000,000
2013 7,096,890,000,000
2014 7,171,640,000,000
2015 7,322,550,000,000
2016 7,486,360,000,000
2017 7,646,820,000,000
2018 7,785,820,000,000
2019 7,906,430,000,000
2020 7,328,200,000,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in European Union was -7.31 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 5.16 in 1973 and a minimum value of -7.31 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 4.75
1972 4.92
1973 5.16
1974 2.18
1975 2.31
1976 4.82
1977 3.15
1978 2.88
1979 3.68
1980 2.06
1981 0.50
1982 0.81
1983 0.84
1984 1.39
1985 2.18
1986 3.64
1987 3.53
1988 3.38
1989 3.48
1990 3.06
1991 2.05
1992 1.88
1993 -0.75
1994 1.72
1995 1.84
1996 2.32
1997 2.01
1998 3.26
1999 3.31
2000 2.95
2001 1.91
2002 1.10
2003 1.39
2004 2.09
2005 2.19
2006 2.30
2007 2.21
2008 0.63
2009 -1.12
2010 0.95
2011 0.34
2012 -0.84
2013 -0.51
2014 1.05
2015 2.10
2016 2.24
2017 2.14
2018 1.82
2019 1.55
2020 -7.31

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in European Union was 9,482,830,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 9,934,310,000,000 in 2019 and 3,409,190,000,000 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 3,409,190,000,000
1991 3,559,210,000,000
1992 3,720,450,000,000
1993 3,783,200,000,000
1994 3,925,760,000,000
1995 4,093,380,000,000
1996 4,276,320,000,000
1997 4,442,470,000,000
1998 4,636,420,000,000
1999 4,871,450,000,000
2000 5,189,480,000,000
2001 5,442,880,000,000
2002 5,630,740,000,000
2003 5,769,990,000,000
2004 6,040,200,000,000
2005 6,290,540,000,000
2006 6,642,600,000,000
2007 6,980,610,000,000
2008 7,349,920,000,000
2009 7,313,470,000,000
2010 7,596,500,000,000
2011 7,914,150,000,000
2012 7,987,840,000,000
2013 8,170,680,000,000
2014 8,336,270,000,000
2015 8,474,230,000,000
2016 8,970,800,000,000
2017 9,334,460,000,000
2018 9,791,570,000,000
2019 9,934,310,000,000
2020 9,482,830,000,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in European Union was 8,994,230,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 9,686,670,000,000 in 2019 and 6,128,350,000,000 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 6,128,350,000,000
1991 6,229,630,000,000
1992 6,347,540,000,000
1993 6,301,880,000,000
1994 6,407,060,000,000
1995 6,532,080,000,000
1996 6,694,810,000,000
1997 6,826,260,000,000
1998 7,049,580,000,000
1999 7,284,250,000,000
2000 7,498,870,000,000
2001 7,651,130,000,000
2002 7,751,000,000,000
2003 7,872,250,000,000
2004 8,056,060,000,000
2005 8,244,290,000,000
2006 8,450,910,000,000
2007 8,662,710,000,000
2008 8,739,600,000,000
2009 8,631,890,000,000
2010 8,704,020,000,000
2011 8,732,630,000,000
2012 8,658,430,000,000
2013 8,610,870,000,000
2014 8,708,910,000,000
2015 8,902,290,000,000
2016 9,115,230,000,000
2017 9,333,299,000,000
2018 9,522,940,000,000
2019 9,686,670,000,000
2020 8,994,230,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in European Union was 51.64 as of 2020. Its highest value over the past 50 years was 58.50 in 1982, while its lowest value was 51.64 in 2020.

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 56.41
1971 56.42
1972 56.38
1973 55.99
1974 56.05
1975 57.41
1976 57.36
1977 57.55
1978 56.94
1979 57.21
1980 57.79
1981 58.40
1982 58.50
1983 58.29
1984 57.87
1985 57.82
1986 57.18
1987 57.49
1988 56.86
1989 56.85
1990 56.51
1991 56.43
1992 56.78
1993 56.84
1994 56.46
1995 55.88
1996 56.22
1997 55.95
1998 55.78
1999 55.91
2000 55.94
2001 55.82
2002 55.52
2003 55.69
2004 55.43
2005 55.65
2006 55.12
2007 54.51
2008 54.87
2009 55.87
2010 55.60
2011 55.41
2012 55.61
2013 55.28
2014 54.73
2015 54.03
2016 53.87
2017 53.59
2018 53.45
2019 53.02
2020 51.64

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts