Barbados: Household consumption, in dollars

* indicates monthly or quarterly data series

Household consumption, billion USD

 Latest value 4.36
 Year 2022
 Measure billion U.S. dollars
 Data availability 1975 - 2022
 Average 2.13
 Min - Max 0.30 - 4.36
 Source The World Bank
For that indicator, we provide data for Barbados from 1975 to 2022. The average value for Barbados during that period was 2.13 billion U.S. dollars with a minimum of 0.3 billion U.S. dollars in 1975 and a maximum of 4.36 billion U.S. dollars in 2022. The latest value from 2022 is 4.36 billion U.S. dollars. For comparison, the world average in 2022 based on 141 countries is 258.65 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Barbados - Household consumption, in dollars - Recent values chart

Historical chart
Barbados - Household consumption, in dollars - historical chart - 1975-2022

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. Data are in current U.S. dollars.

 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 17.07 2022 percent
 Capital investment, in dollars 0.97 2022 billion U.S. dollars
 Household consumption, percent of GDP 76.48 2022 percent
 Household consumption, in dollars 4.36 2022 billion U.S. dollars
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