
India: Household consumption, in dollars
* indicates monthly or quarterly data series
India |
Household consumption, billion USD |
---|---|
Latest value | 1882.35 |
Reference | 2021 |
Measure | billion U.S. dollars |
Source | The World Bank |
For that indicator, we provide data for India from 1960 to 2021. The average value for India during that period was 423.49 billion U.S. dollars with a minimum of 32.36 billion U.S. dollars in 1960 and a maximum of 1882.35 billion U.S. dollars in 2021.
The latest value from 2021 is 1882.35 billion U.S. dollars. For comparison, the world average in 2021 based on 125
countries is 203.94 billion U.S. dollars.
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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. Data are in current U.S. dollars.