Guyana: Household consumption, in dollars

The latest value from 2005 is 0.61 billion U.S. dollars, an increase from 0.46 billion U.S. dollars in 2004. In comparison, the world average is 171.36 billion U.S. dollars, based on data from 161 countries. Historically, the average for Guyana from 1960 to 2005 is 0.28 billion U.S. dollars. The minimum value, 0.1 billion U.S. dollars, was reached in 1963 while the maximum of 0.61 billion U.S. dollars was recorded in 2005. See the global rankings or world map 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. Data are in current U.S. dollars.