Azerbaijan: Household consumption, percent of GDP

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Azerbaijan: Household consumption as percent of GDP

: For that indicator, we provide data for Azerbaijan from 1990 to 2018. The average value for Azerbaijan during that period was 56.4 percent with a minimum of 33.4 percent in 2007 and a maximum of 87.68 percent in 1996. The latest value from 2018 is 53.18 percent. For comparison, the world average in 2018 based on 153 countries is 63.64 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: 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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