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economic policy and debt_wdi > national accounts_wdi > us dollar at current prices_wdi > expenditure on gdp_wdi > household final consumption expenditure current lcu_wdi
PREFERRED TERM
NE.CON.PRVT.CNhousehold final consumption expenditure current lcu_wdi
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.
BROADER CONCEPT
SCOPE NOTE
  • World Bank national accounts data, and OECD National Accounts data files.

URI
http://joinedupdata.org/Indicators/wdi/household-final-consumption-expenditure-current-lcu_wdi
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RDF/XML TURTLE JSON-LD Created 1/7/16, last modified 1/7/16