Puerto Rico: Household consumption, percent of GDP
(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series
Puerto Rico: Household consumption as percent of GDP
For that indicator, The World Bank provides data for Puerto Rico from 1960 to 2018. The average value for Puerto Rico during that period was 67.2 percent with a minimum of 54.23 percent in 2002 and a maximum of 83.51 percent in 1976.
The latest value from 2018 is 63.56 percent. For comparison, the world average in 2018 based on 152
countries is 63.64 percent.
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. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.