It also includes payments and fees to governments to obtain permits and licenses. The latest value from 2018 is 38.68 percent. (% Of GDP)Household final consumption expenditure, etc.

For comparison, the world average in 2018 based on 153 countries is 63.64 percent. United States - Household final consumption expenditure, etc. Find Out USA: Household consumption as percent of GDP: For that indicator, we provide data for the USA from 1970 to 2018.   That stands for: GDP = Consumption + Investment + Government + Net Exports, which are imports minus exports. In some places, consumption makes up more than 70 percent of the GDP calculations.

United States - Household Final Consumption Expenditure, Etc. The average value for China during that period was 48.17 percent with a minimum of 35.44 percent in 2010 and a maximum of 72.16 percent in 1962.

Final consumption expenditure (% of GDP) from The World Bank: Data  

The average value for the USA during that period was 64.45 percent with a minimum of 59.6 percent in 1973 and a maximum of 68.46 percent in 2011. The average value for Switzerland during that period was 56.77 percent with a minimum of 53.08 percent in 2008 and a maximum of 60.75 percent in 1983. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings.

For comparison, the world average in 2018 based on 153 countries is 63.64 percent. The Trading Economics Application Programming Interface (API) provides direct access to our data. One category of consumption involves perishable goods. (% of GDP) - actual values, historical data, forecasts and projections were sourced from the 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.

The main relationship between GDP and consumption … It also includes payments and fees to governments to obtain permits and licenses. It is typically around 60% of gross domestic product (GDP) and is therefore an essential variable for economic analysis of demand. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.

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.Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. This is a list of countries by household final consumption expenditure per capita, that is, the … This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

The formula to calculate the components of GDP is Y = C + I + G + NX. The latest value from 2018 is 53.26 percent. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. (% of GDP) in United States was reported at 68.84 % in 2016, according to the World Bank collection of development indicators, compiled from officially recognized sources. Consumption often makes up more than 50 percent of the GDP calculations of most nations. In 2019, U.S. GDP was 70% personal consumption, 18% business investment, 17% government spending, and negative 5% net exports.

Households and NPISHs final consumption expenditure (% of GDP) from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). (% of GDP) in United States was reported at 68.84 % in 2016, according to the World Bank collection of development indicators, compiled from officially recognized sources. Switzerland: Household consumption as percent of GDP: For that indicator, we provide data for Switzerland from 1970 to 2018. Some countries actually consider consumption to be the main statistic on which to rely when calculating the GDP. GDP Formula . It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. 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. China: Household consumption as percent of GDP: For that indicator, we provide data for China from 1960 to 2018. Household final consumption expenditure, etc. The latest value from 2018 is 68.14 percent.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

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