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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Low income was 949,394,000,000 as of 2020. Over the past 27 years, the value for this indicator has fluctuated between 949,394,000,000 in 2020 and 288,146,000,000 in 1993.

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
1993 288,146,000,000
1994 291,082,000,000
1995 304,148,000,000
1996 314,796,000,000
1997 320,597,000,000
1998 339,305,000,000
1999 352,769,000,000
2000 351,827,000,000
2001 368,067,000,000
2002 391,670,000,000
2003 407,860,000,000
2004 433,343,000,000
2005 454,796,000,000
2006 479,468,000,000
2007 499,969,000,000
2008 515,484,000,000
2009 545,763,000,000
2010 573,609,000,000
2011 567,744,000,000
2012 598,089,000,000
2013 640,334,000,000
2014 670,232,000,000
2015 713,069,000,000
2016 740,778,000,000
2017 766,614,000,000
2018 802,305,000,000
2019 899,054,000,000
2020 949,394,000,000

Aggregation method: Gap-filled total

Base Period: 2011

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity