Middle income - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Middle income was $15,370,200,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $16,436,900,000,000 in 2019 and $205,785,000,000 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 $205,785,000,000
1961 $211,470,000,000
1962 $227,582,000,000
1963 $238,501,000,000
1964 $265,867,000,000
1965 $282,426,000,000
1966 $285,854,000,000
1967 $305,450,000,000
1968 $321,172,000,000
1969 $348,709,000,000
1970 $375,089,000,000
1971 $409,715,000,000
1972 $457,028,000,000
1973 $565,007,000,000
1974 $704,713,000,000
1975 $764,379,000,000
1976 $820,517,000,000
1977 $925,996,000,000
1978 $1,012,410,000,000
1979 $1,189,710,000,000
1980 $1,402,710,000,000
1981 $1,551,310,000,000
1982 $1,555,610,000,000
1983 $1,524,820,000,000
1984 $1,597,440,000,000
1985 $1,670,710,000,000
1986 $1,747,060,000,000
1987 $1,756,600,000,000
1988 $1,888,390,000,000
1989 $1,857,530,000,000
1990 $2,166,860,000,000
1991 $2,124,260,000,000
1992 $2,195,430,000,000
1993 $2,374,440,000,000
1994 $2,623,180,000,000
1995 $2,961,790,000,000
1996 $3,255,230,000,000
1997 $3,448,780,000,000
1998 $3,351,310,000,000
1999 $3,257,130,000,000
2000 $3,483,510,000,000
2001 $3,517,260,000,000
2002 $3,551,680,000,000
2003 $3,941,640,000,000
2004 $4,539,890,000,000
2005 $5,338,260,000,000
2006 $6,156,250,000,000
2007 $7,546,030,000,000
2008 $8,824,010,000,000
2009 $8,679,160,000,000
2010 $10,316,300,000,000
2011 $12,185,500,000,000
2012 $12,983,600,000,000
2013 $13,896,700,000,000
2014 $14,402,700,000,000
2015 $13,728,000,000,000
2016 $13,927,600,000,000
2017 $15,184,300,000,000
2018 $15,873,200,000,000
2019 $16,436,900,000,000
2020 $15,370,200,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Middle income was 15,952,500,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 16,629,400,000,000 in 2019 and 4,806,150,000,000 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 4,806,150,000,000
1996 5,107,090,000,000
1997 5,331,240,000,000
1998 5,453,950,000,000
1999 5,612,580,000,000
2000 5,918,390,000,000
2001 6,193,800,000,000
2002 6,455,680,000,000
2003 6,766,640,000,000
2004 7,199,670,000,000
2005 7,725,220,000,000
2006 8,213,430,000,000
2007 8,969,580,000,000
2008 9,413,750,000,000
2009 9,713,570,000,000
2010 10,406,700,000,000
2011 11,228,400,000,000
2012 11,881,000,000,000
2013 12,607,400,000,000
2014 13,211,500,000,000
2015 13,728,000,000,000
2016 14,342,800,000,000
2017 15,181,600,000,000
2018 15,997,100,000,000
2019 16,629,400,000,000
2020 15,952,500,000,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Middle income was -4.07 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 9.21 in 2007 and a minimum value of -4.07 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 6.26
1997 4.39
1998 2.30
1999 2.91
2000 5.45
2001 4.65
2002 4.23
2003 4.82
2004 6.40
2005 7.30
2006 6.32
2007 9.21
2008 4.95
2009 3.18
2010 7.14
2011 7.90
2012 5.81
2013 6.11
2014 4.79
2015 3.91
2016 4.48
2017 5.85
2018 5.37
2019 3.95
2020 -4.07

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Middle income was 36,016,100,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 37,306,400,000,000 in 2019 and 4,556,840,000,000 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 4,556,840,000,000
1991 4,864,440,000,000
1992 5,209,990,000,000
1993 5,473,990,000,000
1994 5,785,400,000,000
1995 6,205,520,000,000
1996 6,738,030,000,000
1997 7,207,860,000,000
1998 7,451,560,000,000
1999 7,938,790,000,000
2000 8,700,370,000,000
2001 9,389,740,000,000
2002 10,000,600,000,000
2003 10,690,100,000,000
2004 11,708,800,000,000
2005 12,993,300,000,000
2006 14,417,000,000,000
2007 16,300,700,000,000
2008 17,918,700,000,000
2009 18,457,700,000,000
2010 20,163,700,000,000
2011 22,508,800,000,000
2012 25,089,400,000,000
2013 26,305,400,000,000
2014 27,730,800,000,000
2015 28,898,200,000,000
2016 30,582,600,000,000
2017 32,575,000,000,000
2018 35,258,000,000,000
2019 37,306,400,000,000
2020 36,016,100,000,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Middle income was 34,173,700,000,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between 35,680,800,000,000 in 2019 and 10,169,500,000,000 in 1994.

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
1994 10,169,500,000,000
1995 10,597,700,000,000
1996 11,254,100,000,000
1997 11,716,600,000,000
1998 11,970,200,000,000
1999 12,323,100,000,000
2000 12,945,000,000,000
2001 13,601,700,000,000
2002 14,184,700,000,000
2003 14,895,000,000,000
2004 15,840,500,000,000
2005 17,008,700,000,000
2006 18,032,400,000,000
2007 19,666,200,000,000
2008 20,608,400,000,000
2009 21,192,400,000,000
2010 22,611,700,000,000
2011 24,273,900,000,000
2012 25,649,300,000,000
2013 27,195,300,000,000
2014 28,424,400,000,000
2015 29,452,500,000,000
2016 30,812,300,000,000
2017 32,548,800,000,000
2018 34,310,500,000,000
2019 35,680,800,000,000
2020 34,173,700,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Middle income was 50.34 as of 2020. Its highest value over the past 60 years was 70.45 in 1962, while its lowest value was 50.34 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 62.35
1961 66.85
1962 70.45
1963 68.86
1964 67.43
1965 64.92
1966 63.50
1967 66.07
1968 65.79
1969 63.92
1970 62.59
1971 63.57
1972 63.27
1973 61.30
1974 60.15
1975 59.04
1976 58.96
1977 59.32
1978 59.84
1979 59.10
1980 59.00
1981 57.95
1982 58.99
1983 59.90
1984 61.98
1985 61.18
1986 61.73
1987 60.31
1988 60.63
1989 58.41
1990 59.42
1991 60.69
1992 59.98
1993 60.54
1994 60.79
1995 60.82
1996 61.04
1997 61.15
1998 61.38
1999 61.02
2000 59.86
2001 59.84
2002 58.98
2003 58.01
2004 56.23
2005 55.50
2006 53.91
2007 53.36
2008 52.14
2009 52.60
2010 51.47
2011 51.14
2012 51.14
2013 51.62
2014 51.78
2015 52.04
2016 52.44
2017 52.03
2018 51.23
2019 51.74
2020 50.34

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts