Eritrea: Household consumption, percent of GDP

* indicates monthly or quarterly data series
 Eritrea

Household consumption as percent of GDP

 Latest value 98.17
 Year 2011
 Measure percent
 Data availability 1992 - 2011
 Average 89.77
 Min - Max 69.54 - 113.71
 Source The World Bank
For that indicator, we provide data for Eritrea from 1992 to 2011. The average value for Eritrea during that period was 89.77 percent with a minimum of 69.54 percent in 1999 and a maximum of 113.71 percent in 2010. The latest value from 2011 is 98.17 percent. For comparison, the world average in 2011 based on 168 countries is 62.47 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


Recent values chart
Eritrea - Household consumption, percent of GDP - Recent values chart

Historical chart
Eritrea - Household consumption, percent of GDP - historical chart - 1992-2011




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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 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 12.63 2011 percent
 Capital investment, in dollars 0.26 2011 billion U.S. dollars
 Household consumption, percent of GDP 98.17 2011 percent
 Household consumption, in dollars 2.03 2011 billion U.S. dollars
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