* indicates monthly or quarterly data series

Household consumption, billion USD, 2023:

The average for 2023 based on 8 countries was 324.98 billion U.S. dollars. The highest value was in Brazil: 1376.55 billion U.S. dollars and the lowest value was in Paraguay: 28.47 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Measure: billion U.S. dollars; Source: The World Bank
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* indicates monthly or quarterly data series

Countries Household consumption, in dollars, 2023 Global rank Available data
Brazil 1376.55 1 -
Argentina 430.17 2 -
Colombia 281.77 3 -
Chile 203.46 4 -
Peru 171.94 5 -
Ecuador 76.47 6 -
Bolivia 31 7 -
Paraguay 28.47 8 -

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.

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