Virgin Islands - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Virgin Islands was $2,851,000,000 as of 2019. Over the past 17 years, the value for this indicator has fluctuated between $2,851,000,000 in 2019 and $1,651,000,000 in 2002.

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
2002 $1,651,000,000
2003 $1,738,000,000
2004 $1,872,000,000
2005 $2,096,000,000
2006 $2,280,000,000
2007 $2,280,000,000
2008 $2,311,000,000
2009 $2,368,000,000
2010 $2,428,000,000
2011 $2,524,000,000
2012 $2,528,000,000
2013 $2,515,000,000
2014 $2,493,000,000
2015 $2,564,000,000
2016 $2,582,000,000
2017 $2,578,000,000
2018 $2,657,000,000
2019 $2,851,000,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Virgin Islands was 2,851,000,000 as of 2019. As the graph below shows, over the past 17 years this indicator reached a maximum value of 2,851,000,000 in 2019 and a minimum value of 1,651,000,000 in 2002.

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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2002 1,651,000,000
2003 1,738,000,000
2004 1,872,000,000
2005 2,096,000,000
2006 2,280,000,000
2007 2,280,000,000
2008 2,311,000,000
2009 2,368,000,000
2010 2,428,000,000
2011 2,524,000,000
2012 2,528,000,000
2013 2,515,000,000
2014 2,493,000,000
2015 2,564,000,000
2016 2,582,000,000
2017 2,578,000,000
2018 2,657,000,000
2019 2,851,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Virgin Islands was 2,659,154,000 as of 2019. Over the past 17 years, the value for this indicator has fluctuated between 2,903,247,000 in 2006 and 2,373,691,000 in 2002.

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
2002 2,373,691,000
2003 2,432,645,000
2004 2,539,177,000
2005 2,736,726,000
2006 2,903,247,000
2007 2,751,206,000
2008 2,632,263,000
2009 2,695,355,000
2010 2,727,418,000
2011 2,703,629,000
2012 2,614,680,000
2013 2,538,143,000
2014 2,510,217,000
2015 2,564,000,000
2016 2,556,760,000
2017 2,499,874,000
2018 2,514,354,000
2019 2,659,154,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Virgin Islands was 5.76 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 7.78 in 2005 and a minimum value of -5.24 in 2007.

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
2003 2.48
2004 4.38
2005 7.78
2006 6.08
2007 -5.24
2008 -4.32
2009 2.40
2010 1.19
2011 -0.87
2012 -3.29
2013 -2.93
2014 -1.10
2015 2.14
2016 -0.28
2017 -2.22
2018 0.58
2019 5.76

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Virgin Islands was 2,571,000,000 as of 2019. As the graph below shows, over the past 17 years this indicator reached a maximum value of 2,807,000,000 in 2006 and a minimum value of 2,295,000,000 in 2002.

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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2002 2,295,000,000
2003 2,352,000,000
2004 2,455,000,000
2005 2,646,000,000
2006 2,807,000,000
2007 2,660,000,000
2008 2,545,000,000
2009 2,606,000,000
2010 2,637,000,000
2011 2,614,000,000
2012 2,528,000,000
2013 2,454,000,000
2014 2,427,000,000
2015 2,479,000,000
2016 2,472,000,000
2017 2,417,000,000
2018 2,431,000,000
2019 2,571,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Virgin Islands was 70.08 as of 2019. Its highest value over the past 17 years was 70.08 in 2019, while its lowest value was 47.34 in 2005.

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
2002 50.61
2003 50.48
2004 49.30
2005 47.34
2006 50.85
2007 47.66
2008 54.45
2009 56.37
2010 56.15
2011 59.77
2012 61.82
2013 67.28
2014 69.93
2015 70.00
2016 67.98
2017 67.95
2018 68.13
2019 70.08

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts