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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Upper middle income was 19,732,300,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 20,631,200,000,000 in 2019 and 6,030,620,000,000 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 6,030,620,000,000
1996 6,376,760,000,000
1997 6,661,560,000,000
1998 6,767,870,000,000
1999 6,911,040,000,000
2000 7,346,310,000,000
2001 7,587,020,000,000
2002 7,899,420,000,000
2003 8,276,120,000,000
2004 8,894,581,000,000
2005 9,557,370,000,000
2006 10,301,100,000,000
2007 11,242,000,000,000
2008 11,950,800,000,000
2009 12,149,000,000,000
2010 13,076,100,000,000
2011 14,194,700,000,000
2012 15,091,300,000,000
2013 15,941,300,000,000
2014 16,680,300,000,000
2015 17,151,100,000,000
2016 17,807,100,000,000
2017 18,867,800,000,000
2018 19,849,100,000,000
2019 20,631,200,000,000
2020 19,732,300,000,000

Aggregation method: Gap-filled total

Base Period: 2011

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity