(measure: billion U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series
USA: Household consumption, billion USD
For that indicator, we provide data for the USA from 1970 to 2018. The average value for the USA during that period was 5662.15 billion U.S. dollars with a minimum of 646.72 billion U.S. dollars in 1970 and a maximum of 13998.67 billion U.S. dollars in 2018.
The latest value from 2018 is 13998.67 billion U.S. dollars. For comparison, the world average in 2018 based on 153
countries is 308.60 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.