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.

World consumer spending for 2023 was 59.977 trillion US dollars, a 6.65% increase from 2022.

<ul style='margin-top:20px;'>

<li>World consumer spending for 2022 was <strong>56.237 trillion US dollars</strong>, a <strong>4.81% increase</strong> from 2021.</li>
<li>World consumer spending for 2021 was <strong>53.659 trillion US dollars</strong>, a <strong>13.13% increase</strong> from 2020.</li>
<li>World consumer spending for 2020 was <strong>47.431 trillion US dollars</strong>, a <strong>4.25% decline</strong> from 2019.</li>
</ul>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.

Graph and download economic data for Real Personal Consumption Expenditures (PCEC96) from Jan 2007 to May 2025 about headline figure, PCE, consumption expenditures, consumption, personal, real, and USA.

Graph and download economic data for Personal Consumption Expenditures: Services (PCESV) from Q1 1947 to Q1 2025 about PCE, consumption expenditures, consumption, personal, services, GDP, and USA.

France consumer spending for 2023 was 1.628 trillion US dollars, a 9.74% increase from 2022.

<ul style='margin-top:20px;'>

<li>France consumer spending for 2022 was <strong>1.484 trillion US dollars</strong>, a <strong>4.63% decline</strong> from 2021.</li>
<li>France consumer spending for 2021 was <strong>1.556 trillion US dollars</strong>, a <strong>10.48% increase</strong> from 2020.</li>
<li>France consumer spending for 2020 was <strong>1.408 trillion US dollars</strong>, a <strong>3.73% decline</strong> from 2019.</li>
</ul>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.

The year-on-year change in consumer spending on services in the United States fluctuated mildly prior to the COVID-19 pandemic in 2020. After a strong decrease that year and a significant increase in 2021, the rate of year-over-year change in the service economy began to generally decrease and stabilize. Forecast figures suggest the trend will continue in the future.

East Asia & Pacific consumer spending for 2023 was 14.109 trillion US dollars, a 4.99% increase from 2022.

<ul style='margin-top:20px;'>

<li>East Asia & Pacific consumer spending for 2022 was <strong>13.439 trillion US dollars</strong>, a <strong>2.35% decline</strong> from 2021.</li>
<li>East Asia & Pacific consumer spending for 2021 was <strong>13.762 trillion US dollars</strong>, a <strong>12.03% increase</strong> from 2020.</li>
<li>East Asia & Pacific consumer spending for 2020 was <strong>12.284 trillion US dollars</strong>, a <strong>1.92% decline</strong> from 2019.</li>
</ul>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.

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.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The Bureau of Economic Analysis provides Private Consumption Expenditure in USD and Nominal GDP in USD.


Related information about United States Private Consumption: % of GDP

• 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.

View data of PCE, an index that measures monthly changes in the price of consumer goods and services as a means of analyzing inflation.

Consumer Spending In the Euro Area increased to 1609.73 EUR Billion in the first quarter of 2025 from 1605.63 EUR Billion in the fourth quarter of 2024. This dataset provides the latest reported value for - Euro Area Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Spending in Taiwan decreased to 2819056 TWD Million in the first quarter of 2025 from 2885599 TWD Million in the fourth quarter of 2024. This dataset provides - Taiwan Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Chad consumer spending for 2023 was 9.81 billion US dollars, a 9.82% increase from 2022.

<ul style='margin-top:20px;'>

<li>Chad consumer spending for 2022 was <strong>8.93 billion US dollars</strong>, a <strong>7.33% decline</strong> from 2021.</li>
<li>Chad consumer spending for 2021 was <strong>9.64 billion US dollars</strong>, a <strong>0.06% decline</strong> from 2020.</li>
<li>Chad consumer spending for 2020 was <strong>9.64 billion US dollars</strong>, a <strong>12.03% increase</strong> from 2019.</li>
</ul>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.

Key information about Poland Private Consumption Expenditure

• Poland Private Consumption Expenditure was reported at 128.745 USD bn in Dec 2024. This records a decrease from the previous number of 137.608 USD bn for Sep 2024.
• Poland Private Consumption Expenditure data is updated quarterly, averaging 71.534 USD bn from Mar 1995 to Dec 2024, with 120 observations.
• The data reached an all-time high of 137.608 USD bn in Sep 2024 and a record low of 19.234 USD bn in Mar 1995.
• Poland Private Consumption Expenditure data remains in an active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Private Consumption Expenditure: USD: Quarterly.

CEIC calculates quarterly Private Consumption Expenditure as Total Final Consumption Expenditure less Government Consumption Expenditure and converts it into USD. Statistics Poland provides Private Consumption Expenditure in local currency based on ESA 2010. Narodowy Bank Polski average market exchange rate is used for currency conversions. Private Consumption Expenditure prior to Q1 2002 is based on ESA 1995.

OECD members consumer spending for 2023 was 39.075 trillion US dollars, a 7.75% increase from 2022.

<ul style='margin-top:20px;'>

<li>OECD members consumer spending for 2022 was <strong>36.265 trillion US dollars</strong>, a <strong>4.39% increase</strong> from 2021.</li>
<li>OECD members consumer spending for 2021 was <strong>34.742 trillion US dollars</strong>, a <strong>11.93% increase</strong> from 2020.</li>
<li>OECD members consumer spending for 2020 was <strong>31.040 trillion US dollars</strong>, a <strong>3.99% decline</strong> from 2019.</li>
</ul>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.

Consumer Spending in Philippines decreased to 4070114.90 PHP Million in the first quarter of 2025 from 4628997.50 PHP Million in the fourth quarter of 2024. This dataset provides - Philippines Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Dominican Republic consumer spending for 2023 was 78.59 billion US dollars, a 5.7% increase from 2022.

<ul style='margin-top:20px;'>

<li>Dominican Republic consumer spending for 2022 was <strong>74.35 billion US dollars</strong>, a <strong>18.79% increase</strong> from 2021.</li>
<li>Dominican Republic consumer spending for 2021 was <strong>62.59 billion US dollars</strong>, a <strong>13.9% increase</strong> from 2020.</li>
<li>Dominican Republic consumer spending for 2020 was <strong>54.95 billion US dollars</strong>, a <strong>8.88% decline</strong> from 2019.</li>
</ul>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.

https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F4560787%2F1bf7d8acca3f6ca6adbae87c95df1f33%2F1_MIXrCZ0QAVp6qoElgWea-A.jpg?generation=1697784111548502&alt=media" alt="">

Data is the new oil, and this dataset is a wellspring of knowledge waiting to be tapped😷!

Don't forget to upvote and share your insights with the community. Happy data exploration!🥰

** For more related datasets: ** https://www.kaggle.com/datasets/rajatsurana979/fifafcmobile24 https://www.kaggle.com/datasets/rajatsurana979/most-streamed-spotify-songs-2023 https://www.kaggle.com/datasets/rajatsurana979/comprehensive-credit-card-transactions-dataset https://www.kaggle.com/datasets/rajatsurana979/hotel-reservation-data-repository https://www.kaggle.com/datasets/rajatsurana979/percent-change-in-consumer-spending https://www.kaggle.com/datasets/rajatsurana979/fast-food-sales-report/data

Description: Welcome to the world of credit card transactions! This dataset provides a treasure trove of insights into customers' spending habits, transactions, and more. Whether you're a data scientist, analyst, or just someone curious about how money moves, this dataset is for you.

Features: - Customer ID: Unique identifiers for every customer. - Name: First name of the customer. - Surname: Last name of the customer. - Gender: The gender of the customer. - Birthdate: Date of birth for each customer. - Transaction Amount: The dollar amount for each transaction. - Date: Date when the transaction occurred. - Merchant Name: The name of the merchant where the transaction took place. - Category: Categorization of the transaction.

Why this dataset matters: Understanding consumer spending patterns is crucial for businesses and financial institutions. This dataset is a goldmine for exploring trends, patterns, and anomalies in financial behavior. It can be used for fraud detection, marketing strategies, and much more.

Acknowledgments: We'd like to express our gratitude to the contributors and data scientists who helped curate this dataset. It's a collaborative effort to promote data-driven decision-making.

Let's Dive In: Explore, analyze, and visualize this data to uncover the hidden stories in the world of credit card transactions. We look forward to seeing your innovative analyses, visualizations, and applications using this dataset.

The Great Recession was a period of economic contraction which came in the wake of the Global Financial Crisis of 2007-2008. The recession was triggered by the collapse of the U.S. housing market and subsequent bankruptcies among Wall Street financial institutions, the most significant of which being the bankruptcy of Lehman Brothers in September 2008, the largest bankruptcy in U.S. history. These economic convulsions caused consumer confidence, measured by the Consumer Confidence Index (CCI), to drop sharply in 2007 and the beginning of 2008. How does the Consumer Confidence Index work? The CCI measures household's expectation of their future economic situation and, consequently, their likely future spending and savings decisions. A score of 100 in the index would indicate a neutral economic outlook, with consumers neither being optimistic nor pessimistic about the near future. Scores below 100 are then more pessimistic, while scores above 100 indicate optimism about the economy. Consumer confidence can have a self-fulfilling effect on the economy, as when consumers are pessimistic about the economy, they tend to save and postpone spending, contracting aggregate demand and causing the economy to slow down. Conversely, when consumers are optimistic and willing to spend, this can have a reinforcing effect as wages and employment may rise when consumers spend more. CCI and the Great Recession As the reality of the trouble which the U.S. financial sector was in set in over 2007, consumer confidence dropped sharply from being slightly positive, to being deeply pessimistic by the Summer of 2008. While confidence began to slowly rebound up until September 2008, with the panic caused by Lehman's bankruptcy and the freezing of new credit creation, the CCI plummeted once more, reaching its lowest point during the recession in February 2008. The U.S. government stepped in to prevent the bankruptcy of AIG in 2008, promising to do the same for any future possible failures in the financial system. This 'backstopping' policy, whereby the government assured that the economy would not be allowed to fall further into crisis, along with the Federal Reserve's unconventional monetary policies used to restart the economy, contributed to a rebound in consumer confidence in 2009 and 2010. In spite of this, consumers still remained pessimistic about the economy.

Key information about Portugal Private Consumption Expenditure

• Portugal Private Consumption Expenditure was reported at 48.070 USD bn in Dec 2024. This records a decrease from the previous number of 48.166 USD bn for Sep 2024.
• Portugal Private Consumption Expenditure data is updated quarterly, averaging 35.462 USD bn from Mar 1995 to Dec 2024, with 120 observations.
• The data reached an all-time high of 48.166 USD bn in Sep 2024 and a record low of 18.022 USD bn in Dec 2000.
• Portugal Private Consumption Expenditure data remains in an active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Private Consumption Expenditure: USD: Quarterly: Seasonally Adjusted.

CEIC calculates quarterly Private Consumption Expenditure as the sum of Household and NPISHs Consumption and converts it into USD. Statistics Portugal provides Private Consumption Expenditure in EUR. Federal Reserve Board average market exchange rate is used for currency conversions.

The ongoing Consumer Expenditure Survey (CES) provides a continuous flow of information on the buying habits of American consumers and also furnishes data to support periodic revisions of the Consumer Price Index. The Survey consists of two separate components: (1) a quarterly Interview panel survey in which each consumer unit in the sample is interviewed every three months over a 15-month period, and (2) a Diary or recordkeeping survey completed by the sample consumer units for two consecutive one-week periods. The Interview survey was designed to collect data on major items of expense, household characteristics, and income. The expenditures covered by the survey are those which respondents can recall fairly accurately for three months or longer. In general, these expenditures include relatively large purchases, such as those for property, automobiles, and major appliances, or expenditures which occur on a fairly regular basis, such as rent, utilities, or insurance premiums. Expenditures incurred while on trips are also covered by the survey. Excluded are nonprescription drugs, household supplies, and personal care items. Including global estimates on spending for food, it is estimated that about 90 to 95 percent of expenditures are covered in the Interview survey. (Source: downloaded from ICPSR 7/13/10)

Please Note: This dataset is part of the historical CISER Data Archive Collection and is also available at ICPSR at https://doi.org/10.3886/ICPSR08904.v2. We highly recommend using the ICPSR version as they may make this dataset available in multiple data formats in the future.