, 1977 - 2019:
For that indicator, we provide data for the Bahamas from 1977 to 2019. The average value for the Bahamas during that period was 61.94 percent with a minimum of 55.65 percent in 1977 and a maximum of 69.64 percent in 1996.
The latest value from 2019 is 59.63 percent. For comparison, the world average in 2019 based on 151
countries is 63.44 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
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.