List of countries by household final consumption expenditure per capita

Last updated July 10, 2024

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 or territory	Household expenditure per capita (constant 2017 Intl. $)^[2]	Year
United States	43,931	2021
Hong Kong	37,893	2022
Luxembourg	33,647	2022
Bermuda	32,146	2022
Switzerland	31,314	2022
Singapore	29,790	2022
Norway	27,843	2022
Canada	26,423	2022
Iceland	26,376	2022
Germany	25,834	2022
Austria	25,822	2022
United Kingdom	25,738	2022
Australia	25,562	2022
Puerto Rico	25,269	2022
Cyprus	24,657	2022
Finland	24,054	2022
Belgium	23,912	2022
New Zealand	23,355	2021
Sweden	22,928	2022
Netherlands	22,853	2022
Denmark	22,763	2022
Italy	22,694	2022
France	22,353	2022
Macao	21,806	2022
Bahrain	21,702	2021
Lithuania	21,120	2022
Saudi Arabia	20,827	2022
United Arab Emirates	20,488	2020
Kuwait	20,262	2019
Israel	20,026	2022
Spain	20,003	2022
Slovenia	19,979	2022
Portugal	19,932	2022
Japan	19,758	2021
Ireland	19,740	2022
Aruba	19,551	2017
Malta	19,515	2022
Greece	19,324	2022
Poland	19,120	2022
Romania	18,657	2022
Korea, South	18,489	2022
Turkey	18,316	2022
Latvia	17,737	2022
Bahamas, The	17,680	2022
Qatar	17,602	2020
Estonia	17,314	2022
Czech Republic	16,798	2022
Croatia	16,782	2022
Brunei	16,747	2022
Curaçao	16,460	2017
Malaysia	16,378	2022
Slovakia	16,146	2022
Hungary	16,128	2022
Bulgaria	15,892	2022
Panama	15,697	2017
Chile	14,748	2022
Oman	14,450	2021
Mauritius	14,370	2022
Montenegro	14,349	2022
Russia	14,189	2022
Lebanon	14,039	2021
Kazakhstan	13,682	2021
Argentina	13,572	2022
Costa Rica	12,744	2022
Serbia	11,949	2022
Mexico	11,668	2022
Dominican Republic	11,590	2022
Barbados	11,567	2017
Georgia	11,496	2022
Belarus	11,118	2022
Armenia	10,773	2022
Colombia	10,616	2022
Antigua and Barbuda	10,447	2017
Moldova	10,431	2022
North Macedonia	10,274	2022
Kosovo	10,113	2022
Egypt	10,014	2022
Bosnia and Herzegovina	9,642	2021
Thailand	9,180	2022
Brazil	9,135	2022
Libya	9,010	2017
Albania	8,970	2021
Seychelles	8,968	2022
Paraguay	8,912	2022
South Africa	8,648	2022
Tunisia	8,572	2022
Dominica	8,490	2017
Azerbaijan	8,441	2017
Namibia	7,928	2022
Ukraine	7,852	2022
Peru	7,705	2022
Equatorial Guinea	7,627	2022
Fiji	7,423	2017
Maldives	7,315	2021
El Salvador	7,217	2022
Jamaica	7,072	2022
Guatemala	7,054	2022
China	6,963	2021
Jordan	6,940	2017
Iran	6,715	2022
Sri Lanka	6,612	2022
Ecuador	6,546	2022
Mongolia	6,477	2022
Indonesia	6,395	2022
Botswana	6,338	2022
Bhutan	6,244	2021
Philippines	6,202	2022
Tonga	5,947	2021
Palestine	5,856	2022
Bolivia	5,833	2021
Vietnam	5,616	2021
Eswatini	5,459	2021
Uzbekistan	5,297	2022
Iraq	5,276	2021
Cape Verde	5,271	2022
Algeria	5,040	2021
Nigeria	4,987	2021
Pakistan	4,911	2022
Belize	4,682	2022
Honduras	4,649	2022
India	4,636	2022
Morocco	4,545	2022
Gabon	4,399	2022
Bangladesh	4,223	2022
Samoa	4,106	2022
Ghana	4,104	2022
Kyrgyzstan	3,941	2021
Nicaragua	3,859	2022
Côte d'Ivoire	3,582	2022
Nepal	3,555	2022
Kenya	3,485	2022
Cambodia	3,160	2022
Djibouti	3,157	2020
Angola	2,986	2022
Mauritania	2,788	2022
Comoros	2,701	2022
Cameroon	2,668	2022
Sudan	2,639	2022
Haiti	2,597	2022
Senegal	2,496	2022
Tajikistan	2,417	2021
Lesotho	2,396	2020
Benin	2,223	2022
Guinea	2,037	2022
Rwanda	1,904	2022
Sierra Leone	1,870	2021
East Timor	1,798	2021
Myanmar	1,797	2022
Gambia, The	1,783	2022
Tanzania	1,759	2022
Uganda	1,754	2022
Congo, Rep.	1,752	2022
Zimbabwe	1,719	2021
Vanuatu	1,708	2019
Mali	1,679	2022
Ethiopia	1,640	2021
Zambia	1,583	2017
Somalia	1,575	2017
Burkina Faso	1,373	2019
Togo	1,338	2022
Solomon Islands	1,240	2020
Guinea-Bissau	1,234	2020
Madagascar	1,188	2022
Chad	1,176	2022
Central African Republic	932	2022
Mozambique	871	2021
Niger	869	2022
Congo, Dem. Rep.	755	2022
Burundi	561	2022

Related Research Articles

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.

Gross Domestic Product (GDP) is a monetary measure of the market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic health of a country or region. Definitions of GDP are maintained by several national and international economic organizations, such as the OECD and the International Monetary Fund.

The Netherlands Antilles was an autonomous Caribbean country within the Kingdom of the Netherlands, which was formally dissolved in 2010.

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.

A consumer price index (CPI) is a price index, the price of a weighted average market basket of consumer goods and services purchased by households. Changes in measured CPI track changes in prices over time. The CPI is calculated by using a representative basket of goods and services. The basket is updated periodically to reflect changes in consumer spending habits. The prices of the goods and services in the basket are collected monthly from a sample of retail and service establishments. The prices are then adjusted for changes in quality or features. Changes in the CPI can be used to track inflation over time and to compare inflation rates between different countries. The CPI is not a perfect measure of inflation or the cost of living, but it is a useful tool for tracking these economic indicators.

The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, economic management, work in general, financial transactions and trade of goods and services. In some contexts, the two terms are distinct: the "international" or "global economy" is measured separately and distinguished from national economies, while the "world economy" is simply an aggregate of the separate countries' measurements. Beyond the minimum standard concerning value in production, use and exchange, the definitions, representations, models and valuations of the world economy vary widely. It is inseparable from the geography and ecology of planet Earth.

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.

<span class="mw-page-title-main">Government spending</span> Government consumptions, investments, and transfer payments

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.

<span class="mw-page-title-main">Gross fixed capital formation</span> Macroeconomic concept

Gross fixed capital formation (GFCF) is a component of the expenditure on gross domestic product (GDP) that indicates how much of the new value added in an economy is invested rather than consumed. It measures the value of acquisitions of new or existing fixed assets by the business sector, governments, and "pure" households minus disposals of fixed assets.

Poverty in India remains a major challenge despite overall reductions in the last several decades as its economy grows. According to an International Monetary Fund paper, extreme poverty, defined by the World Bank as living on US$1.9 or less in purchasing power parity (PPP) terms, in India was as low as 0.8% in 2019, and the country managed to keep it at that level in 2020 despite the unprecedented COVID-19 outbreak. According to the World Bank, India experienced a significant decline in the prevalence of extreme poverty from 22.5% in 2011 to 10.2% in 2019. A working paper of the bank said rural poverty declined from 26.3% in 2011 to 11.6% in 2019. The decline in urban areas was from 14.2% to 6.3% in the same period. The poverty level in rural and urban areas went down by 14.7 and 7.9 percentage points, respectively. According to United Nations Development Programme administrator Achim Steiner, India lifted 271 million people out of extreme poverty in a 10-year time period from 2005–2006 to 2015–2016. A 2020 study from the World Economic Forum found "Some 220 million Indians sustained on an expenditure level of less than Rs 32 / day—the poverty line for rural India—by the last headcount of the poor in India in 2013."

Household income is a measure of the combined incomes of all people sharing a particular household or place of residence. It includes every form of income, e.g., salaries and wages, retirement income, near cash government transfers like food stamps, and investment gains.

Energy in the United States is obtained from a diverse portfolio of sources, although the majority came from fossil fuels in 2021, as 36% of the nation's energy originated from petroleum, 32% from natural gas, and 11% from coal. Electricity from nuclear power supplied 8% and renewable energy supplied 12%, which includes biomass, wind, hydro, solar and geothermal.

Income in India discusses the financial state in India. With rising economic growth and prosperity, India's income is also rising rapidly. As an overview, India's per capita net national income or NNI was around Rs. 98,374 in 2022-23. The per-capita income is a crude indicator of the prosperity of a country. In contrast, the gross national income at constant prices stood at over 128 trillion rupees. The same year, GRI growth rate at constant prices was around 6.6 percent. While GNI and NNI are both indicators for a country's economic performance and welfare, the GNI is related to the GDP or the Gross Domestic Product plus the net receipts from abroad, including wages and salaries, property income, net taxes and subsidies receivable from abroad. On the other hand, the NNI of a country is equal to its GNI net of depreciation.

This is a list of European countries by electricity consumption per person. As of 2014, the top three are Iceland, Norway, and Finland, whereas the bottom three are Albania, Romania, and Turkey.

References

↑ "Households and NPISHs Final consumption expenditure per capita (constant 2010 US$)". Data.worldbank.org. Retrieved 2018-08-11.
↑ World Development Indicators database, updated on 29 June 2023, World Bank. Accessed on 16 July 2023.

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.

[1] "Households and NPISHs Final consumption expenditure per capita (constant 2010 US$)". Data.worldbank.org. Retrieved 2018-08-11.

[2] World Development Indicators database, updated on 29 June 2023, World Bank. Accessed on 16 July 2023.

[1]

[2]

v t e Lists of countries by GDP rankings
Nominal	Per capita Past and projected per capita Sector composition
Purchasing power parity (PPP)	Per capita Past per capita Past and projected per capita Private consumption per capita Per person employed Ten largest historically
Growth rate	African countries Asian states European Union member states European countries Latin American and Caribbean countries Oceanian countries Per capita 1980–2010 growth Industrial growth
Gross national income (GNI)	PPP per capita Nominal per capita
Countries by region	Africa PPP nominal Commonwealth of Nations PPP nominal Latin America & Caribbean PPP nominal North America PPP nominal nominal per capita South America PPP Arab League nominal and per capita PPP and per capita ASEAN subdivision Asia Asia & Pacific nominal PPP Former Soviet Republics Europe PPP PPP per capita nominal nominal per capita Oceania GDP
Subnational divisions	Albania Argentina Australia Austria Baltic States Belarus Belgium Brazil Bulgaria Canada cities Chile per capita China per capita cities prefectures Colombia Croatia Czech Republic Egypt Finland France per capita Georgia Germany per capita cities Greece Hungary India PPP per capita Indonesia per capita cities regencies Italy nominal per capita Japan per capita Kazakhstan Kenya Malaysia Mexico per capita Mongolia Netherlands Nigeria Nepal Norway Pakistan Peru Philippines Poland Portugal Romania Russia per capita Saudi Arabia Serbia Slovakia South Africa per capita South Korea Spain Sweden Switzerland Ukraine United Kingdom per capita counties cities United States counties cities Taiwan Tanzania Thailand Turkey Vietnam OECD Top country subdivisions by GDP Top country subdivisions by GDP per capita *Top country metropolitan by GDP
Lists of countries by financial rankings List of international rankings Lists by country

v t e Lists of countries by financial rankings
Trade	Account balance % of GDP Exports by product merchandise net per capita service exports Imports Trade-to-GDP ratio Tariff rate Leading trade partners
Investment	FDI received past FDI abroad GFI
Funds	Forex reserves Gold reserves Sovereign wealth funds Pension funds Creditor nations Debtor nations
Budget and debt	Government budget PPP % of GDP per capita Credit rating External debt Public debt future Household debt Corporate debt
Income and taxes	Tax rates Inheritance tax Tax revenue Wage average median minimum
Bank rates	Central bank interest rate Commercial bank prime lending rate
Currency	Exchange rates to US$ Inflation rate
Other	Financial Development Index Average annual labor hours Corporate governance Development aid Ease of doing business Gross national savings Price level Employment/Unemployment Financial assets Labour productivity Wealth
Lists of countries by GDP rankings List of international rankings Lists by country

List of countries by household final consumption expenditure per capita

See also

Related Research Articles

References