Yemen: Household consumption, percent of GDP
* indicates monthly or quarterly data series
Yemen |
Household consumption as percent of GDP |
---|---|
Latest value | 126.42 |
Year | 2018 |
Measure | percent |
Data availability | 1990 - 2018 |
Average | 81.71 |
Min - Max | 60.30 - 126.42 |
Source | The World Bank |
The latest value from 2018 is 126.42 percent, an increase from 117.39 percent in 2017. In comparison, the world average is 63.13 percent, based on data from 167 countries. Historically, the average for Yemen from 1990 to 2018 is 81.71 percent. The minimum value, 60.3 percent, was reached in 2000 while the maximum of 126.42 percent was recorded in 2018.
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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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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Household consumption, percent of GDP | 126.42 | 2018 | percent |
Household consumption, in dollars | 27.31 | 2018 | billion U.S. dollars |