Aruba

Household Consumption (% of GDP)

55.69
percent of GDP
Dec 96Dec 98Dec 00Dec 02Dec 04Dec 06Dec 08Dec 10Dec 12Dec 14Dec 16Dec 180.00020.0040.0060.0080.00
  • Aruba
  • Global Median
Source: IMF

Global Ranking

117
Mauritania56.93
118
Poland56.76
119
Turkey56.75
120
Latvia56.24
121
Spain55.98
122
Aruba55.69
123
Guinea55.44
124
Panama53.92
125
Japan53.4
126
France53.14
127
Kazakhstan52.95

News

Definition of Household Consumption (% 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.

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