OECD members - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in OECD members was $30,833,500,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $32,318,300,000,000 in 2019 and $1,390,170,000,000 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 $1,390,170,000,000
1971 $1,542,020,000,000
1972 $1,784,710,000,000
1973 $2,133,170,000,000
1974 $2,403,730,000,000
1975 $2,750,800,000,000
1976 $2,973,350,000,000
1977 $3,347,810,000,000
1978 $3,984,380,000,000
1979 $4,617,960,000,000
1980 $5,180,780,000,000
1981 $5,260,710,000,000
1982 $5,255,010,000,000
1983 $5,465,130,000,000
1984 $5,651,930,000,000
1985 $5,977,990,000,000
1986 $7,200,110,000,000
1987 $8,337,550,000,000
1988 $9,327,810,000,000
1989 $9,763,610,000,000
1990 $11,009,200,000,000
1991 $11,655,900,000,000
1992 $12,631,700,000,000
1993 $12,894,200,000,000
1994 $13,774,400,000,000
1995 $15,013,800,000,000
1996 $15,230,800,000,000
1997 $15,069,600,000,000
1998 $15,321,700,000,000
1999 $16,201,500,000,000
2000 $16,647,100,000,000
2001 $16,669,200,000,000
2002 $17,448,500,000,000
2003 $19,445,800,000,000
2004 $21,479,600,000,000
2005 $22,716,500,000,000
2006 $23,856,100,000,000
2007 $25,968,500,000,000
2008 $27,671,100,000,000
2009 $26,264,000,000,000
2010 $27,417,200,000,000
2011 $29,429,700,000,000
2012 $29,461,100,000,000
2013 $29,814,300,000,000
2014 $30,341,000,000,000
2015 $28,648,100,000,000
2016 $29,233,000,000,000
2017 $30,401,600,000,000
2018 $32,068,500,000,000
2019 $32,318,300,000,000
2020 $30,833,500,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in OECD members was 29,444,900,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 31,156,600,000,000 in 2019 and 8,488,850,000,000 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 8,488,850,000,000
1971 8,862,860,000,000
1972 9,394,600,000,000
1973 9,911,280,000,000
1974 9,979,350,000,000
1975 10,217,700,000,000
1976 10,669,700,000,000
1977 11,042,500,000,000
1978 11,484,900,000,000
1979 11,894,800,000,000
1980 12,024,800,000,000
1981 12,195,800,000,000
1982 12,367,800,000,000
1983 12,760,000,000,000
1984 13,183,400,000,000
1985 13,690,900,000,000
1986 14,235,600,000,000
1987 14,753,600,000,000
1988 15,368,500,000,000
1989 15,912,900,000,000
1990 16,379,000,000,000
1991 16,581,400,000,000
1992 17,045,400,000,000
1993 17,372,700,000,000
1994 17,893,900,000,000
1995 18,336,300,000,000
1996 18,908,000,000,000
1997 19,506,300,000,000
1998 20,173,400,000,000
1999 21,007,500,000,000
2000 21,860,300,000,000
2001 22,353,400,000,000
2002 22,841,200,000,000
2003 23,373,600,000,000
2004 24,078,000,000,000
2005 24,781,800,000,000
2006 25,426,700,000,000
2007 26,051,100,000,000
2008 26,158,300,000,000
2009 25,833,900,000,000
2010 26,375,000,000,000
2011 26,742,300,000,000
2012 27,028,700,000,000
2013 27,398,300,000,000
2014 27,919,300,000,000
2015 28,648,100,000,000
2016 29,302,800,000,000
2017 29,973,900,000,000
2018 30,651,300,000,000
2019 31,156,600,000,000
2020 29,444,900,000,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in OECD members was -5.49 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 6.00 in 1972 and a minimum value of -5.49 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 4.41
1972 6.00
1973 5.50
1974 0.69
1975 2.39
1976 4.42
1977 3.49
1978 4.01
1979 3.57
1980 1.09
1981 1.42
1982 1.41
1983 3.17
1984 3.32
1985 3.85
1986 3.98
1987 3.64
1988 4.17
1989 3.54
1990 2.93
1991 1.24
1992 2.80
1993 1.92
1994 3.00
1995 2.47
1996 3.12
1997 3.16
1998 3.42
1999 4.14
2000 4.06
2001 2.26
2002 2.18
2003 2.33
2004 3.01
2005 2.92
2006 2.60
2007 2.46
2008 0.41
2009 -1.24
2010 2.09
2011 1.39
2012 1.07
2013 1.37
2014 1.90
2015 2.61
2016 2.29
2017 2.29
2018 2.26
2019 1.65
2020 -5.49

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in OECD members was 33,734,100,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 35,011,800,000,000 in 2019 and 10,370,600,000,000 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 10,370,600,000,000
1991 10,877,100,000,000
1992 11,500,200,000,000
1993 11,950,300,000,000
1994 12,558,100,000,000
1995 13,124,900,000,000
1996 13,846,500,000,000
1997 14,554,600,000,000
1998 15,131,900,000,000
1999 15,989,200,000,000
2000 17,168,600,000,000
2001 17,967,900,000,000
2002 18,642,900,000,000
2003 19,418,900,000,000
2004 20,521,900,000,000
2005 21,664,800,000,000
2006 22,939,500,000,000
2007 24,113,800,000,000
2008 25,072,300,000,000
2009 24,784,700,000,000
2010 25,873,500,000,000
2011 27,119,200,000,000
2012 27,886,900,000,000
2013 28,861,100,000,000
2014 29,710,300,000,000
2015 30,534,800,000,000
2016 31,663,200,000,000
2017 32,823,100,000,000
2018 34,355,000,000,000
2019 35,011,800,000,000
2020 33,734,100,000,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in OECD members was 32,259,700,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 34,125,300,000,000 in 2019 and 17,826,900,000,000 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 17,826,900,000,000
1991 18,069,200,000,000
1992 18,587,800,000,000
1993 18,940,300,000,000
1994 19,496,600,000,000
1995 19,959,200,000,000
1996 20,597,500,000,000
1997 21,271,000,000,000
1998 21,985,600,000,000
1999 22,875,500,000,000
2000 23,805,000,000,000
2001 24,320,400,000,000
2002 24,853,700,000,000
2003 25,438,400,000,000
2004 26,222,600,000,000
2005 26,997,100,000,000
2006 27,723,800,000,000
2007 28,424,200,000,000
2008 28,557,600,000,000
2009 28,177,600,000,000
2010 28,794,400,000,000
2011 29,236,900,000,000
2012 29,541,100,000,000
2013 29,949,600,000,000
2014 30,522,400,000,000
2015 31,326,800,000,000
2016 32,055,400,000,000
2017 32,823,100,000,000
2018 33,566,200,000,000
2019 34,125,300,000,000
2020 32,259,700,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in OECD members was 58.85 as of 2020. Its highest value over the past 50 years was 61.08 in 2002, while its lowest value was 57.18 in 1973.

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 57.83
1971 57.93
1972 57.80
1973 57.18
1974 57.50
1975 58.71
1976 58.51
1977 58.40
1978 57.85
1979 58.05
1980 58.59
1981 58.45
1982 59.27
1983 59.69
1984 59.02
1985 59.27
1986 58.94
1987 58.94
1988 58.50
1989 58.51
1990 58.57
1991 58.58
1992 59.03
1993 59.45
1994 59.18
1995 58.52
1996 58.87
1997 59.15
1998 59.53
1999 59.93
2000 60.25
2001 60.91
2002 61.08
2003 60.87
2004 60.40
2005 60.41
2006 60.13
2007 59.80
2008 60.07
2009 60.91
2010 60.66
2011 60.52
2012 60.65
2013 60.56
2014 60.34
2015 60.35
2016 60.39
2017 60.16
2018 59.97
2019 59.87
2020 58.85

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts