Consumer Spending in the United States increased to 16291.80 USD Billion in the first quarter of 2025 from 16273.20 USD Billion in the fourth quarter of 2024. This dataset provides the latest reported value for - United States Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States US: GDP: USD: Final Consumption Expenditure data was reported at 15,478.782 USD bn in 2016. This records an increase from the previous number of 14,943.057 USD bn for 2015. United States US: GDP: USD: Final Consumption Expenditure data is updated yearly, averaging 4,166.664 USD bn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 15,478.782 USD bn in 2016 and a record low of 416.600 USD bn in 1960. United States US: GDP: USD: Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Nominal. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Government spending in the United States was last recorded at 39.7 percent of GDP in 2024 . This dataset provides - United States Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Details of the first estimates of household final consumption expenditure (HHFCE), by major product, to assist users in understanding the assumptions behind the estimates.

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Consumer Spending in Japan increased to 299720 JPY Billion in the first quarter of 2025 from 299592.10 JPY Billion in the fourth quarter of 2024. This dataset provides - Japan Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The financial indicators are based on data compiled according to the 2008 SNA "System of National Accounts, 2008". Many indicators are expressed as a percentage of Gross Domestic Product (GDP) or as a percentage of Gross Disposable Income (GDI) when referring to the Households and NPISHs sector. The definition of GDP and GDI are the following:

Gross Domestic Product:
Gross Domestic Product (GDP) is derived from the concept of value added. Gross value added is the difference of output and intermediate consumption. GDP is the sum of gross value added of all resident producer units plus that part (possibly the total) of taxes on products, less subsidies on products, that is not included in the valuation of output [System of National Accounts, 2008, par. 2.138]. GDP is also equal to the sum of final uses of goods and services (all uses except intermediate consumption) measured at purchasers’ prices, less the value of imports of goods and services [System of National Accounts, 2008, par. 2.139]. GDP is also equal to the sum of primary incomes distributed by producer units [System of National Accounts, 2008, par. 2.140].

Gross Disposable Income:
Gross Disposable Income (GDI) is equal to net disposable income which is the balancing item of the secondary distribution income account plus the consumption of fixed capital. The use of the Gross Disposable Income (GDI), rather than net disposable income, is preferable for analytical purposes because there are uncertainty and comparability problems with the calculation of consumption of fixed capital. GDI measures the income available to the total economy for final consumption and gross saving [System of National Accounts, 2008, par. 2.145].

Definition of Debt:
Debt is a commonly used concept, defined as a specific subset of liabilities identified according to the types of financial instruments included or excluded. Generally, debt is defined as all liabilities that require payment or payments of interest or principal by the debtor to the creditor at a date or dates in the future. Consequently, all debt instruments are liabilities, but some liabilities such as shares, equity and financial derivatives are not debt [System of National Accounts, 2008, par. 22.104]. According to the SNA, most debt instruments are valued at market prices. However, some countries do not apply this valuation, in particular for securities other than shares, except financial derivatives (AF33). In this dataset, for financial indicators referring to debt, the concept of debt is the one adopted by the SNA 2008 as well as by the International Monetary Fund in “Public Sector Debt Statistics – Guide for compilers and users” (Pre-publication draft, May 2011). Debt is thus obtained as the sum of the following liability categories, whenever available / applicable in the financial balance sheet of the institutional sector:special drawing rights (AF12), currency and deposits (AF2), debt securities (AF3), loans (AF4), insurance, pension, and standardised guarantees (AF6), and other accounts payable (AF8). This definition differs from the definition of debt applied under the Maastricht Treaty for European countries. First, gross debt according to the Maastricht definition excludes not only financial derivatives and employee stock options (AF7) and equity and investment fund shares (AF5) but also insurance pensions and standardised guarantees (AF6) and other accounts payable (AF8). Second, debt according to Maastricht definition is valued at nominal prices and not at market prices.

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Quarterly expenditure-based, gross domestic product, Canada, in chained (2017) and current dollars.

Consumer Spending in Australia increased to 327973 AUD Million in the fourth quarter of 2024 from 326613 AUD Million in the third quarter of 2024. This dataset provides the latest reported value for - Australia Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Nigeria NG: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data was reported at 109,433,099.125 NGN mn in 2021. This records an increase from the previous number of 98,583,822.750 NGN mn for 2020. Nigeria NG: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 13,440,209.478 NGN mn from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 109,433,099.125 NGN mn in 2021 and a record low of 159,082.491 NGN mn in 1990. Nigeria NG: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

Laos LA: GDP: Final Consumption Expenditure: General Government data was reported at 18,151,802.764 LAK mn in 2017. This records an increase from the previous number of 18,061,495.288 LAK mn for 2016. Laos LA: GDP: Final Consumption Expenditure: General Government data is updated yearly, averaging 2,656,453.396 LAK mn from Dec 1984 (Median) to 2017, with 23 observations. The data reached an all-time high of 18,151,802.764 LAK mn in 2017 and a record low of 4,000.000 LAK mn in 1984. Laos LA: GDP: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank: Gross Domestic Product: Nominal. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

KR: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data was reported at 1,039,397,800.000 KRW mn in 2022. This records an increase from the previous number of 956,017,600.000 KRW mn for 2021. KR: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 533,277,700.000 KRW mn from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 1,039,397,800.000 KRW mn in 2022 and a record low of 100,737,500.000 KRW mn in 1990. KR: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Gross Domestic Product: Nominal. 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

Pakistan PK: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data was reported at 70,129,716.000 PKR mn in 2023. This records an increase from the previous number of 57,358,231.000 PKR mn for 2022. Pakistan PK: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 8,227,355.500 PKR mn from Jun 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 70,129,716.000 PKR mn in 2023 and a record low of 989,740.294 PKR mn in 1990. Pakistan PK: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Pakistan – Table PK.World Bank.WDI: Gross Domestic Product: Nominal. 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

Canada CA: GDP: PPP: Household Final Consumption Expenditure data was reported at 1,314,449.221 Intl $ mn in 2023. This records an increase from the previous number of 1,236,228.693 Intl $ mn for 2022. Canada CA: GDP: PPP: Household Final Consumption Expenditure data is updated yearly, averaging 655,437.983 Intl $ mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 1,314,449.221 Intl $ mn in 2023 and a record low of 299,646.253 Intl $ mn in 1990. Canada CA: GDP: PPP: Household Final Consumption Expenditure 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: Purchasing Power Parity. This indicator provides values for households and NPISHs final consumption expenditure expressed in current international dollars converted by purchasing power parity (PPP) conversion factor. 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. PPP conversion factor is a spatial price deflator and currency converter that eliminates the effects of the differences in price levels between countries. From July 2020, “Households and NPISHs final consumption expenditure: linked series (current LCU)” [NE.CON.PRVT.CN.AD] is used as underlying expenditure in local currency unit so that it’s in line with time series of PPP conversion factor, private consumption (LCU per international $), which are extrapolated with linked CPI.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;

Italy GDP: PCE: Non-food: Clothing & Footwear data was reported at 24,147.000 ITL bn in Dec 1996. This records a decrease from the previous number of 24,506.000 ITL bn for Sep 1996. Italy GDP: PCE: Non-food: Clothing & Footwear data is updated quarterly, averaging 9,882.500 ITL bn from Mar 1970 (Median) to Dec 1996, with 108 observations. The data reached an all-time high of 25,488.000 ITL bn in Jun 1996 and a record low of 811.000 ITL bn in Mar 1970. Italy GDP: PCE: Non-food: Clothing & Footwear data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Italy – Table IT.A148: GDP: Private Consumption Expenditure: Current Price: LIRE.