The average for 2023 based on 146 countries was 62.92 percent. The highest value was in Somalia: 123.53 percent and the lowest value was in Ireland: 26.77 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Key information about United States Private Consumption: % of GDP

• United States Private Consumption accounted for 68.8 % of its Nominal GDP in Dec 2024, compared with a ratio of 67.7 % in the previous quarter.
• US Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1947 to Dec 2024, with an average share of 63.5 %.
• The data reached an all-time high of 68.8 % in Dec 2024 and a record low of 57.7 % in Mar 1952.

• In the latest reports, US GDP expanded 1.8 % YoY in Mar 2023.
• Its Nominal GDP reached 6,632.4 USD bn in Mar 2023.
• US GDP Per Capita reached 59,484.0 USD in Dec 2017.
• Its Gross Savings Rate was measured at 16.0 % in Mar 2023.

In 2023, final consumption of the economy in China accounted for about 55.7 percent of the gross domestic product (GDP). The share of final consumption in the total GDP of China is expected to increase gradually in the upcoming years. Level of consumption in China Final consumption refers to the part of the GDP that is consumed, in contrast to what is invested or exported. In matured economies, final consumption often accounts for 70 or more percent of the total GDP. In developing countries, however, a significantly larger share may be spent on investments in infrastructure, real estate, and industrial capacities.Since its economic opening up, China was among the countries with the highest ratio of spending on investment and the lowest on consumption. Especially since 2000, China spent increasing amounts of money on infrastructure and housing, while the share spent on consumption dropped to an all-time low. This was not only related to China’s rapid economic ascendence, but also to a large working-age population and a low dependency ratio. Recent developments and outlook As the rate of returns on investment has dropped gradually since the global financial crisis in 2008, China is trying to shift to a more consumption-driven growth model. Accordingly, the share of final consumption has increased since 2010. Although this trend was interrupted by the coronavirus pandemic, it will most probably continue in the future. Lower demand for new infrastructure and housing, as well as an aging population, are the main drivers of this development.

In 2024, the value of the lending to households in Switzerland as a share of its gross domestic product (GDP) was higher than in any of the countries selected here. Australian, Canadian, and South Korean households had an amount of credit which was higher than the overall size of their economy. That year, household lending in Argentina amounted to *** percent of its GDP, which was the lowest figure in the ranking. What is the household debt? Household debt, also known as family debt, includes loans taken to pay for the home or other property, education, vehicles, and other expenses. The largest component of this is mortgage debt, which is seen by many as a way to build long-term equity. As such, households are willing to take on a large amount of this debt with the goal of owning an asset that holds value and can be used as a residence in the meantime. The cost of debt The cost of a loan depends on a number of factors such as the interest rate, borrower’s credit risk or time period of a loan. The value of mortgage and the rate of return on assets such as real estate also depend largely on geographic location. The highest borrowers in this statistic are likely living in countries where credit is affordable and expected returns are relatively high, incentivizing heavy borrowing.

EU European Union: GDP: % of GDP: Final Consumption Expenditure: Household data was reported at 55.951 % in 2017. This records a decrease from the previous number of 56.082 % for 2016. EU European Union: GDP: % of GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 57.828 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 59.512 % in 1982 and a record low of 55.951 % in 2017. EU European Union: GDP: % of GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under World Trend Plus’s Aggregate: Euro Area and European Union – Table EU.World Bank.WDI: Gross Domestic Product: Share of GDP. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Graph and download economic data for Shares of gross domestic product: Personal consumption expenditures (DPCERE1Q156NBEA) from Q1 1947 to Q2 2025 about Shares of GDP, PCE, consumption expenditures, consumption, personal, GDP, and USA.

Key information about China Private Consumption: % of GDP

• China Private Consumption accounted for 39.6 % of its Nominal GDP in Dec 2023, compared with a ratio of 37.8 % in the previous year.
• China Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1952 to Dec 2023, with an average share of 49.3 %.
• The data reached an all-time high of 70.8 % in Dec 1962 and a record low of 34.9 % in Dec 2010.

• In the latest reports, China GDP expanded 4.5 % YoY in Mar 2023.
• Its Nominal GDP reached 4,166.8 USD bn in Mar 2023.
• China GDP Per Capita reached 12,621.7 USD in Dec 2023.
• Its Gross Savings Rate was measured at 44.3 % in Dec 2023.

The average for 2023 based on 10 countries was 52.58 percent. The highest value was in Egypt: 82.58 percent and the lowest value was in Libya: 32.42 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

United Kingdom UK: GDP: % of GDP: Final Consumption Expenditure: Household data was reported at 65.742 % in 2017. This records a decrease from the previous number of 65.827 % for 2016. United Kingdom UK: GDP: % of GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 66.031 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 69.312 % in 1993 and a record low of 64.319 % in 1995. United Kingdom UK: GDP: % of GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Gross Domestic Product: Share of GDP. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

In 2022, Switzerland was one of the European countries with the most indebted households. The value of credit to Swiss households amounted to *** percent of the country's GDP. The rest of the European countries included here had a share of less than ** percent. Meanwhile, lending to households in Turkey and Hungary made up less than ** percent of their GDP.

This dataset provides values for HOUSEHOLDS AND NPISHS FINAL CONSUMPTION EXPENDITURE PERCENT OF GDP WB DATA.HTML reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The table shows the levels of household consumption as percent of GDP across countries. These are the latest numbers available from the national authorities of the respective countries. Household consumption is about 60 percent of GDP making it the largest component of GDP besides investment, government spending and net exports. There are, however, large differences across countries that can range from about 45 percent of GDP to over 80 percent of GDP.

Key information about European Union Private Consumption: % of GDP

• European Union Private Consumption accounted for 51.9 % of its Nominal GDP in Dec 2024, compared with a ratio of 53.2 % in the previous quarter.
• EU Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1995 to Dec 2024, with an average share of 55.2 %.
• The data reached an all-time high of 56.9 % in Mar 1997 and a record low of 50.0 % in Dec 2020.

• In the latest reports, EU GDP expanded 1.0 % YoY in Mar 2023.
• Its Nominal GDP reached 4,430.4 USD bn in Mar 2023.
• EU GDP Per Capita reached 38,468.8 USD in Dec 2021.
• Its Gross Savings Rate was measured at 25.7 % in Dec 2024.

China GDP: % of GDP: Final Consumption Expenditure: Household data was reported at 38.387 % in 2017. This records a decrease from the previous number of 39.463 % for 2016. China GDP: % of GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 49.367 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 72.165 % in 1962 and a record low of 35.362 % in 2010. China GDP: % of GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s China – Table CN.World Bank.WDI: Gross Domestic Product: Share of GDP. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

India IN: GDP: % of GDP: Final Consumption Expenditure: Household data was reported at 58.853 % in 2017. This records a decrease from the previous number of 59.034 % for 2016. India IN: GDP: % of GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 69.005 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 87.126 % in 1960 and a record low of 55.171 % in 2010. India IN: GDP: % of GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s India – Table IN.World Bank.WDI: Gross Domestic Product: Share of GDP. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

This dataset provides values for HOUSEHOLDS AND NPISHS FINAL CONSUMPTION EXPENDITURE PERCENT OF GDP WB DATA.HTML reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Canada CA: GDP: % of GDP: Final Consumption Expenditure: Household data was reported at 58.056 % in 2016. This records an increase from the previous number of 57.278 % for 2015. Canada CA: GDP: % of GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 55.065 % from Dec 1965 (Median) to 2016, with 52 observations. The data reached an all-time high of 58.785 % in 1965 and a record low of 52.374 % in 1981. Canada CA: GDP: % of GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Share of GDP. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

The real per capita cosumer spending ranking is led by Iran with *********** U.S. dollars, while Vietnam is following with ************* U.S. dollars. In contrast, Zimbabwe is at the bottom of the ranking with **** U.S. dollars, showing a difference of ************** U.S. dollars to Iran. Consumer spending, here depicted per capita, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.

Indonesia ID: GDP: % of GDP: Final Consumption Expenditure: Household data was reported at 57.309 % in 2017. This records a decrease from the previous number of 57.787 % for 2016. Indonesia ID: GDP: % of GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 63.754 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 96.011 % in 1966 and a record low of 55.423 % in 2011. Indonesia ID: GDP: % of GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Indonesia – Table ID.World Bank.WDI: Gross Domestic Product: Share of GDP. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

In December 2023, France stood out as the European Union country with the highest volume of loans to households and non-financial organizations as a share of its gross domestic product (GDP). Meanwhile, the volume of loans in Germany amounted to approximately ** percent of its GDP. On the other side of the spectrum, Poland and Romania were the countries with the lowest levels of indebtedness. Denmark was the EU country with the highest household debt to gross disposable income ratio.