For that indicator, we provide data for Palestine from 1994 to 2022. The average value for Palestine during that period was 8.5 billion U.S. dollars with a minimum of 2.81 billion U.S. dollars in 1994 and a maximum of 19.59 billion U.S. dollars in 2022.
The latest value from 2022 is 19.59 billion U.S. dollars. For comparison, the world average in 2022 based on 141
countries is 258.65 billion U.S. dollars.
See the global rankings 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.