Group of 7 countries (G7) Compared by Economy > Purchasing power parity > Household final > Consumption expenditure > PPP > Current international $
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 converted to current international dollars using purchasing power parity rates.".
CONTENTS
Citation
Interesting observations about Economy > Purchasing power parity > Household final > Consumption expenditure > PPP > Current international $
- United States ranked first for purchasing power parity > household final > consumption expenditure > PPP > current international $ amongst Group of 7 countries (G7) in 2009.
- 9 of the bottom 54 countries by purchasing power parity > household final > consumption expenditure > PPP > current international $ are East Asian and Pacific.
- 3 of the bottom 98 countries by purchasing power parity > household final > consumption expenditure > PPP > current international $ are Emerging markets'.
- 12 of the bottom 163 countries by purchasing power parity > household final > consumption expenditure > PPP > current international $ are Non-religious.
- 5 of the bottom 11 countries by purchasing power parity > household final > consumption expenditure > PPP > current international $ are Heavily indebted.
- 88 of the bottom 156 countries by purchasing power parity > household final > consumption expenditure > PPP > current international $ are Hot countries.
- 2 of the bottom 7 countries by purchasing power parity > household final > consumption expenditure > PPP > current international $ are Densely populated.
- 18 of the bottom 138 countries by purchasing power parity > household final > consumption expenditure > PPP > current international $ are High income OECD.
- 13 of the bottom 27 countries by purchasing power parity > household final > consumption expenditure > PPP > current international $ are Former British Colonies'.
