Micronesia: Household consumption, in dollars

The latest value from 1983 is 0.09 billion U.S. dollars, an increase from billion U.S. dollars in . In comparison, the world average is 55.59 billion U.S. dollars, based on data from 115 countries. Historically, the average for Micronesia from 1983 to 1983 is 0.09 billion U.S. dollars. The minimum value, 0.09 billion U.S. dollars, was reached in 1983 while the maximum of 0.09 billion U.S. dollars was recorded in 1983. See the global rankings for that indicator or use the country comparator to compare trends over time. The value of that indicator for 1983 is 0.09 billion U.S. dollars.

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.