IBRD only - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in IBRD only was $14,775,600,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $15,841,800,000,000 in 2019 and $204,863,000,000 in 1960.

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
1960 $204,863,000,000
1961 $209,793,000,000
1962 $227,767,000,000
1963 $238,336,000,000
1964 $264,395,000,000
1965 $279,060,000,000
1966 $282,867,000,000
1967 $301,041,000,000
1968 $316,394,000,000
1969 $343,934,000,000
1970 $369,852,000,000
1971 $404,701,000,000
1972 $453,815,000,000
1973 $570,098,000,000
1974 $702,550,000,000
1975 $752,004,000,000
1976 $811,163,000,000
1977 $921,983,000,000
1978 $1,004,230,000,000
1979 $1,184,850,000,000
1980 $1,407,820,000,000
1981 $1,569,330,000,000
1982 $1,566,080,000,000
1983 $1,530,720,000,000
1984 $1,565,660,000,000
1985 $1,626,640,000,000
1986 $1,719,430,000,000
1987 $1,710,190,000,000
1988 $1,849,880,000,000
1989 $1,816,540,000,000
1990 $2,127,010,000,000
1991 $2,090,570,000,000
1992 $2,172,750,000,000
1993 $2,361,130,000,000
1994 $2,620,110,000,000
1995 $2,962,910,000,000
1996 $3,246,830,000,000
1997 $3,440,850,000,000
1998 $3,356,870,000,000
1999 $3,252,150,000,000
2000 $3,476,330,000,000
2001 $3,507,280,000,000
2002 $3,508,050,000,000
2003 $3,877,250,000,000
2004 $4,480,520,000,000
2005 $5,275,770,000,000
2006 $6,086,290,000,000
2007 $7,450,420,000,000
2008 $8,772,870,000,000
2009 $8,597,490,000,000
2010 $10,194,500,000,000
2011 $11,960,100,000,000
2012 $12,758,600,000,000
2013 $13,551,100,000,000
2014 $14,113,600,000,000
2015 $13,124,800,000,000
2016 $13,340,300,000,000
2017 $14,634,400,000,000
2018 $15,317,000,000,000
2019 $15,841,800,000,000
2020 $14,775,600,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in IBRD only was 15,259,400,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 15,960,900,000,000 in 2019 and 4,620,970,000,000 in 1995.

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
1995 4,620,970,000,000
1996 4,903,750,000,000
1997 5,140,090,000,000
1998 5,264,310,000,000
1999 5,422,190,000,000
2000 5,726,310,000,000
2001 5,924,250,000,000
2002 6,162,530,000,000
2003 6,441,540,000,000
2004 6,870,610,000,000
2005 7,346,410,000,000
2006 7,863,350,000,000
2007 8,538,020,000,000
2008 9,036,290,000,000
2009 9,274,020,000,000
2010 9,956,930,000,000
2011 10,781,000,000,000
2012 11,413,500,000,000
2013 12,052,900,000,000
2014 12,638,900,000,000
2015 13,124,800,000,000
2016 13,745,000,000,000
2017 14,567,000,000,000
2018 15,340,600,000,000
2019 15,960,900,000,000
2020 15,259,400,000,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in IBRD only was -4.39 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 8.58 in 2007 and a minimum value of -4.39 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
1996 6.12
1997 4.82
1998 2.42
1999 3.00
2000 5.61
2001 3.46
2002 4.02
2003 4.53
2004 6.66
2005 6.93
2006 7.04
2007 8.58
2008 5.84
2009 2.63
2010 7.36
2011 8.28
2012 5.87
2013 5.60
2014 4.86
2015 3.84
2016 4.73
2017 5.98
2018 5.31
2019 4.04
2020 -4.39

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in IBRD only was 33,696,200,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 34,960,100,000,000 in 2019 and 4,320,150,000,000 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 4,320,150,000,000
1991 4,609,360,000,000
1992 4,917,960,000,000
1993 5,181,230,000,000
1994 5,494,060,000,000
1995 5,885,650,000,000
1996 6,394,170,000,000
1997 6,857,210,000,000
1998 7,093,160,000,000
1999 7,548,810,000,000
2000 8,294,110,000,000
2001 8,896,870,000,000
2002 9,447,720,000,000
2003 10,089,800,000,000
2004 11,065,700,000,000
2005 12,241,400,000,000
2006 13,619,300,000,000
2007 15,341,800,000,000
2008 16,951,100,000,000
2009 17,421,900,000,000
2010 19,010,100,000,000
2011 21,228,300,000,000
2012 23,690,500,000,000
2013 24,695,400,000,000
2014 25,982,200,000,000
2015 26,963,700,000,000
2016 28,535,100,000,000
2017 30,419,100,000,000
2018 32,999,900,000,000
2019 34,960,100,000,000
2020 33,696,200,000,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in IBRD only was 31,789,900,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 33,348,800,000,000 in 2019 and 9,922,010,000,000 in 1995.

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
1995 9,922,010,000,000
1996 10,519,700,000,000
1997 10,995,900,000,000
1998 11,243,200,000,000
1999 11,583,800,000,000
2000 12,192,400,000,000
2001 12,661,100,000,000
2002 13,179,000,000,000
2003 13,805,500,000,000
2004 14,718,700,000,000
2005 15,740,400,000,000
2006 16,817,700,000,000
2007 18,234,300,000,000
2008 19,277,300,000,000
2009 19,714,900,000,000
2010 21,086,900,000,000
2011 22,721,400,000,000
2012 24,030,200,000,000
2013 25,353,200,000,000
2014 26,520,700,000,000
2015 27,463,800,000,000
2016 28,765,200,000,000
2017 30,419,100,000,000
2018 32,035,700,000,000
2019 33,348,800,000,000
2020 31,789,900,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in IBRD only was 49.42 as of 2020. Its highest value over the past 60 years was 71.85 in 1962, while its lowest value was 49.42 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
1960 63.23
1961 67.79
1962 71.85
1963 70.10
1964 68.71
1965 66.07
1966 64.89
1967 67.28
1968 66.99
1969 65.24
1970 64.53
1971 64.68
1972 64.42
1973 62.50
1974 61.11
1975 60.55
1976 60.27
1977 60.46
1978 61.09
1979 60.28
1980 60.52
1981 62.55
1982 63.04
1983 62.62
1984 62.89
1985 61.56
1986 62.52
1987 60.80
1988 61.06
1989 58.82
1990 59.87
1991 60.76
1992 59.89
1993 60.36
1994 60.59
1995 60.34
1996 60.55
1997 60.52
1998 60.81
1999 60.49
2000 59.42
2001 59.22
2002 58.35
2003 57.36
2004 55.61
2005 54.76
2006 53.29
2007 52.50
2008 51.50
2009 52.03
2010 50.80
2011 50.47
2012 50.65
2013 50.93
2014 51.31
2015 50.92
2016 51.34
2017 51.03
2018 50.25
2019 50.80
2020 49.42

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts