Serbia: Household consumption, percent of GDP

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Serbia: Household consumption as percent of GDP

, 1995 - 2019: For that indicator, we provide data for Serbia from 1995 to 2019. The average value for Serbia during that period was 73.74 percent with a minimum of 68.23 percent in 2019 and a maximum of 78.54 percent in 1999. The latest value from 2019 is 68.23 percent. For comparison, the world average in 2019 based on 151 countries is 63.44 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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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. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.
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