Indicator Definition:
Household and NPISHs 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. This indicator includes the expenditures of nonprofit institutions serving households even when reported separately by the country. Data are in current U.S. dollars.
The indicator "Households and NPISHs Final consumption expenditure (current US$)" stands at 66.91 Billion usd as of 12/31/2024, the highest value at least since 12/31/1966, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 5.63 percent compared to the value the year prior.
The 1 year change in percent is 5.63.
The 3 year change in percent is 16.57.
The 5 year change in percent is 18.27.
The 10 year change in percent is 41.95.
| Measure | Realization |
| Indicator Name: | Households and NPISHs Final consumption expenditure (current US$) |
| Indicator Source: | World Bank national accounts data, and OECD National Accounts data files. | macro-rankings.com |
| Indicator Description: | Household and NPISHs 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. This indicator includes the expenditures of nonprofit institutions serving households even when reported separately by the country. Data are in current U.S. dollars. |
| Observations Date: | 12/31/1965 |