Equatorial Guinea

Household Consumption (USD)

6.88
billion USD
Dec 05Dec 06Dec 07Dec 08Dec 09Dec 10Dec 11Dec 12Dec 13Dec 14Dec 15Dec 16Dec 17Dec 18Dec 19Dec 200.0009.00018.0027.0036.00
  • Equatorial Guinea
  • Global Median
Source: IMF

Definition of Household Consumption (USD)

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.

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