Brazil: Household consumption, percent of GDP

* indicates monthly or quarterly data series
 Brazil

Household consumption as percent of GDP

 Latest value 62.71
 Reference 2020
 Measure percent
 Source The World Bank

For that indicator, we provide data for Brazil from 1960 to 2020. The average value for Brazil during that period was 64.98 percent with a minimum of 54.13 percent in 1989 and a maximum of 78.08 percent in 1984. The latest value from 2020 is 62.71 percent. For comparison, the world average in 2020 based on 151 countries is 63.45 percent. 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
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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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