This is a list of countries by household final consumption expenditure per capita, that is, the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households during one year, divided by the country's average (or mid-year) population for the same year. 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. The latest figures for each country and territory are shown. [1]
Country & Districts | Household expenditure per capita (constant 2011 Intl. $) [2] | Year |
---|---|---|
Hong Kong SAR | 38,285 | 2018 |
United States | 37,903 | 2017 |
Switzerland | 28,320 | 2018 |
Luxembourg | 28,261 | 2018 |
Norway | 25,481 | 2018 |
Bermuda | 24,868 | 2011 |
Canada | 24,704 | 2018 |
Singapore | 24,703 | 2018 |
Iceland | 24,679 | 2018 |
Australia | 24,147 | 2018 |
United Kingdom | 23,882 | 2018 |
Germany | 23,880 | 2018 |
Macao | 23,617 | 2018 |
Austria | 23,259 | 2018 |
Finland | 21,221 | 2018 |
Sweden | 21,197 | 2018 |
Cyprus | 20,928 | 2018 |
Belgium | 20,846 | 2018 |
Netherlands | 20,760 | 2018 |
New Zealand | 20,485 | 2017 |
France | 20,408 | 2018 |
Japan | 20,293 | 2017 |
Denmark | 20,229 | 2018 |
Italy | 20,132 | 2018 |
Ireland | 20,080 | 2018 |
Israel | 18,202 | 2017 |
Kuwait | 18,094 | 2017 |
Puerto Rico | 17,981 | 2018 |
Qatar | 17,791 | 2017 |
Guam | 17,773 | 2017 |
Spain | 17,650 | 2018 |
Lithuania | 17,636 | 2018 |
Portugal | 17,072 | 2018 |
Curacao | 16,903 | 2011 |
Korea, South | 16,848 | 2018 |
United Arab Emirates | 16,699 | 2017 |
Aruba | 16,637 | 2011 |
Bahamas, The | 16,337 | 2017 |
Malta | 16,056 | 2018 |
Poland | 16,018 | 2018 |
Greece | 16,012 | 2018 |
Saudi Arabia | 15,689 | 2018 |
Slovenia | 15,500 | 2018 |
Czech Republic | 14,935 | 2018 |
Slovak Republic | 14,746 | 2018 |
Bahrain | 14,160 | 2018 |
Estonia | 14,137 | 2018 |
Malaysia | 14,126 | 2018 |
Romania | 13,876 | 2018 |
Latvia | 13,871 | 2018 |
Chile | 13,527 | 2018 |
Russia | 13,321 | 2018 |
Uruguay | 13,167 | 2018 |
Hungary | 13,166 | 2018 |
Mauritius | 12,823 | 2018 |
Turkey | 12,526 | 2018 |
Oman | 12,061 | 2018 |
Argentina | 11,884 | 2018 |
Croatia | 11,829 | 2018 |
Belarus | 11,776 | 2018 |
Panama | 11,474 | 2017 |
Montenegro | 11,187 | 2018 |
Lebanon | 11,175 | 2018 |
Bulgaria | 10,965 | 2018 |
Palau | 10,796 | 2017 |
Costa Rica | 10,778 | 2018 |
Kazakhstan | 10,206 | 2017 |
Seychelles | 10,160 | 2011 |
Mexico | 10,064 | 2018 |
Brunei | 10,054 | 2018 |
Dominican Republic | 9,967 | 2018 |
Barbados | 9,751 | 2011 |
Northern Mariana Islands | 9,655 | 2017 |
Venezuela | 9,260 | 2014 |
Serbia | 9,020 | 2018 |
Kosovo | 8,717 | 2018 |
Colombia | 8,612 | 2018 |
American Samoa | 8,302 | 2017 |
Bosnia and Herzegovina | 8,302 | 2018 |
Thailand | 8,269 | 2018 |
North Macedonia | 8,094 | 2018 |
Brazil | 7,987 | 2018 |
Sri Lanka | 7,780 | 2018 |
Peru | 7,721 | 2018 |
Egypt | 7,621 | 2018 |
Paraguay | 7,436 | 2018 |
Namibia | 7,320 | 2018 |
Equatorial Guinea | 7,288 | 2018 |
Albania | 7,174 | 2018 |
South Africa | 6,989 | 2018 |
Iran | 6,917 | 2017 |
Eswatini | 6,912 | 2017 |
Saint Lucia | 6,900 | 2011 |
Armenia | 6,779 | 2018 |
Jordan | 6,657 | 2018 |
Tunisia | 6,503 | 2013 |
Azerbaijan | 6,476 | 2012 |
Ukraine | 6,469 | 2018 |
Botswana | 6,419 | 2018 |
Guatemala | 6,272 | 2018 |
Georgia | 6,254 | 2017 |
El Salvador | 6,138 | 2018 |
Ecuador | 5,934 | 2018 |
Moldova | 5,852 | 2018 |
Jamaica | 5,647 | 2017 |
Indonesia | 5,645 | 2018 |
China | 5,548 | 2017 |
Mongolia | 5,483 | 2018 |
Philippines | 5,364 | 2018 |
Belize | 5,305 | 2017 |
Guyana | 4,759 | 2011 |
Cabo Verde | 4,552 | 2018 |
Bhutan | 4,509 | 2017 |
Iraq | 4,394 | 2011 |
Algeria | 4,261 | 2017 |
Bolivia | 4,245 | 2018 |
Tonga | 4,213 | 2011 |
Gabon | 4,136 | 2017 |
Morocco | 4,004 | 2018 |
Vietnam | 4,003 | 2018 |
Pakistan | 3,986 | 2018 |
India | 3,966 | 2018 |
Palestine | 3,614 | 2018 |
Nicaragua | 3,606 | 2018 |
Honduras | 3,527 | 2018 |
Laos | 3,337 | 2017 |
Nigeria | 3,225 | 2017 |
Ghana | 3,206 | 2017 |
Kyrgyzstan | 2,820 | 2018 |
Lesotho | 2,524 | 2016 |
Bangladesh | 2,511 | 2018 |
Côte d'Ivoire | 2,500 | 2018 |
Cambodia | 2,485 | 2018 |
Angola | 2,437 | 2017 |
Zimbabwe | 2,418 | 2018 |
Kenya | 2,416 | 2018 |
Tajikistan | 2,382 | 2013 |
Senegal | 2,360 | 2018 |
Uzbekistan | 2,358 | 2011 |
Cameroon | 2,343 | 2018 |
Comoros | 2,162 | 2017 |
Marshall Islands | 2,101 | 2015 |
Sudan | 2,100 | 2018 |
Nepal | 1,923 | 2018 |
Zambia | 1,810 | 2011 |
Mauritania | 1,776 | 2018 |
Togo | 1,686 | 2018 |
Myanmar | 1,680 | 2011 |
Guinea | 1,613 | 2018 |
Rwanda | 1,603 | 2018 |
Eritrea | 1,549 | 2011 |
Vanuatu | 1,544 | 2014 |
Afghanistan | 1,535 | 2011 |
Mali | 1,472 | 2018 |
Liberia | 1,460 | 2018 |
Guinea-Bissau | 1,402 | 2018 |
Tanzania | 1,395 | 2017 |
Benin | 1,279 | 2018 |
East Timor | 1,224 | 2017 |
Sierra Leone | 1,206 | 2017 |
Chad | 1,182 | 2018 |
Uganda | 1,149 | 2018 |
Gambia, The | 1,143 | 2011 |
Malawi | 1,130 | 2017 |
Madagascar | 1,054 | 2016 |
Ethiopia | 1,043 | 2018 |
Burkina Faso | 984 | 2018 |
Congo | 907 | 2018 |
Mozambique | 878 | 2018 |
Turkmenistan | 821 | 2011 |
South Sudan | 785 | 2016 |
DR Congo | 618 | 2018 |
Niger | 592 | 2017 |
Central African Republic | 557 | 2017 |
Burundi | 534 | 2018 |
The economy of American Samoa is a traditional Polynesian economy in which more than 90% of the land is communally owned. Economic activity is strongly linked to the United States, with which American Samoa conducts the great bulk of its foreign trade. Tuna fishing and processing plants are the backbone of the private sector, with canned tuna being the primary export. Transfers from the U.S. federal government add substantially to American Samoa's economic well-being. Attempts by the government to develop a larger and broader economy are restrained by Samoa's remote location, its limited transportation, and its devastating hurricanes.
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The Netherlands Antilles was an autonomous Caribbean country within the Kingdom of the Netherlands, which was formally dissolved in 2010.
The economy of Palau consists primarily of subsistence agriculture and fishing. The government is the major employer of the work force, relying heavily on financial assistance from the United States. The population enjoys a per capita income of more than twice that of the Philippines and much of Micronesia. Long-term prospects for the tourist sector have been greatly bolstered by the expansion of air travel in the Pacific and the rising prosperity of leading East Asian countries.
A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), gross national product (GNP), net national income (NNI), and adjusted national income. All are specially concerned with counting the total amount of goods and services produced within the economy and by various sectors. The boundary is usually defined by geography or citizenship, and it is also defined as the total income of the nation and also restrict the goods and services that are counted. For instance, some measures count only goods & services that are exchanged for money, excluding bartered goods, while other measures may attempt to include bartered goods by imputing monetary values to them.
A per capita GDP of $3,200 ranks Solomon Islands as a lesser developed nation. Over 75% of its labour force is engaged in subsistence farming and fishing.
The economy of Andorra is a developed and free market economy driven by finance, retail, and tourism. The country's gross domestic product (GDP) was US$3.66 billion in 2007. Attractive for shoppers from France and Spain as a free port, Andorra also has developed active summer and winter tourist resorts. With some 270 hotels and 400 restaurants, as well as many shops, the tourist trade employs a growing portion of the domestic labour force. An estimated 13 million tourists visit annually.
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Household final consumption expenditure (POES) is a transaction of the national account's use of income account representing consumer spending. It consists of the expenditure incurred by resident households on individual consumption goods and services, including those sold at prices that are not economically significant. It also includes various kinds of imputed expenditure of which the imputed rent for services of owner-occupied housing is generally the most important one. The household sector covers not only those living in traditional households, but also those people living in communal establishments, such as retirement homes, boarding houses and prisons.
Government spending or expenditure includes all government consumption, investment, and transfer payments. In national income accounting, the acquisition by governments of goods and services for current use, to directly satisfy the individual or collective needs of the community, is classed as government final consumption expenditure. Government acquisition of goods and services intended to create future benefits, such as infrastructure investment or research spending, is classed as government investment. These two types of government spending, on final consumption and on gross capital formation, together constitute one of the major components of gross domestic product.
The median income is the income amount that divides a population into two equal groups, half having an income above that amount, and half having an income below that amount. It may differ from the mean income. The income that occurs most frequently is the income mode. Each of these is a way of understanding income distribution.
Gross fixed capital formation (GFCF) is a macroeconomic concept used in official national accounts such as the United Nations System of National Accounts (UNSNA), National Income and Product Accounts (NIPA) and the European System of Accounts (ESA). The concept dates back to the National Bureau of Economic Research (NBER) studies of Simon Kuznets of capital formation in the 1930s, and standard measures for it were adopted in the 1950s. Statistically it measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households less disposals of fixed assets. GFCF is a component of the expenditure on gross domestic product (GDP), and thus shows something about how much of the new value added in the economy is invested rather than consumed.
This is a list of lists of countries and territories by various criteria. A country or territory is a geographical area, either in the sense of nation or state.
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The economy of Guam depends mainly on US military spending and on tourist revenue. Over the past 20 years, the tourist industry grew rapidly, creating a construction boom for new hotels, golf courses and other tourist amenities. More than 1.1 million tourists visit Guam each year including about 1,000,000 from Japan and 150,000 from Korea. Setbacks in the 1990s include numerous super-typhoons, a M7.8 earthquake, and a Korean airline crash. More recently, SARS, the Iraq war and most importantly the Japan economy and accompanying yen-to-dollar adjustments have significantly impacted tourism with spending per person in retail and attraction sectors now nearly 50% compared to their peak in the mid-1990s. Nevertheless, as of 2005 tourism is finally starting to stabilize and recover.