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 |
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. Several national and international economic organizations maintain definitions of GDP, 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 income (GNI), 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 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. While the CPI is not a perfect measure of inflation or the cost of living, 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.
The gross national income (GNI), previously known as gross national product (GNP), is the total amount of factor incomes earned by the residents of a country. it is equal to gross domestic product (GDP), plus factor incomes received from non-resident by residents, minus factor income paid by residents to non-resident.
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.
Household income is a measure of income received by the household sector. It includes every form of cash income, e.g., salaries and wages, retirement income, investment income and cash transfers from the government. It may include near-cash government transfers like food stamps, and it may be adjusted to include social transfers in-kind, such as the value of publicly provided health care and education.
Income in India discusses the financial state in India. With rising economic growth and 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. According to a 2021 report by the Pew Research Center, India has roughly 1.2 billion lower-income individuals, 66 million middle-income individuals, 16 million upper-middle-income individuals, and barely 2 million in the high-income group. According to The Economist, 78 million of India's population are considered middle class as of 2017, if defined using the cutoff of those making more than $10 per day, a standard used by the India's National Council of Applied Economic Research. According to the World Bank, 93% of India's population lived on less than $10 per day, and 99% lived on less than $20 per day in 2021.