<br />Indicator: Household final consumption expenditure, volume, annual growth rates, percentage
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In this dataset, almost all OECD countries compile their data according to 2008 System of National Account (SNA).

The link to the file "ANA_changes.xls" is available for users to provide more information on where OECD countries and non member countries stand regarding the change over the 2008 SNA.

The readers' guide gives general information on the dataset and withheld criteria for this dataset.

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Household final consumption expenditure is typically the largest component of final uses of GDP, representing in general around 60% of GDP. It is therefore an essential variable for economic analysis of demand. An additional concept, (household) actual individual consumption, also exists in the SNA. This concept allocates individual consumption expenditures of general government and NPISHs (those that directly benefit households) to households (the ultimate consumers of these expenditures), providing an important measure for cross-country comparisons, in particular for comparisons of well-being.

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Definition

Household final consumption expenditure covers all purchases made by resident households (home or abroad) to meet their everyday needs: food, clothing, housing services (rents), energy, transport, durable goods (notably cars), spending on health, on leisure and on miscellaneous services. It also includes a number of imputed expenditures, for example agricultural products produced for own consumption but the most significant imputation is typically owner-occupiers' imputed rents. The other main imputed item of expenditure relates to income in kind (employees may receive goods and services either free of charge or at very low prices as part of their wages).

By convention, apart from dwellings, all goods and services bought by households to meet their own everyday needs are recorded as final consumption. Purchases of dwellings are recorded as gross fixed capital formation. Partial payments for goods and services "provided" by general government are included in household final consumption. This covers cases in which households have to pay a part of the public services provided, for example, prescription medicines and medical services partly reimbursed by government. The portion that is reimbursed forms part of expenditure by general government, and, so, also, of household actual individual consumption.

Households' actual individual consumption is equal to households' consumption expenditure plus those (individual) expenditures of general government and NPISHs that directly benefit households, such as, health care and education. See also B7GS14_S15HCPC on disposable income per capita.

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Comparability

Comparability of both concepts (household final consumption and household actual individual consumption) is good. However, cross-country comparisons of actual individual consumption provide a better basis to measure relative well-being of households across countries. This is because there are significant differences between countries regarding the proportion of expenditure on health care and education paid directly by households and the proportion paid on their behalf by government, which are financed for example through taxes and that do not form part of household final consumption.

The data are also including NPISH's for Australia, Chile, and Turkey. For New Zealand, data include imports of low value goods purchased directly by households.

P31S14_S15HCPIXOE and P41HCPIXOE show actual individual consumption per head using PPPs specifically related to actual individual consumption and are therefore different to PPPs used for overall GDP.

P31S14_S15CG, P3S13CG, P5CG, P51CG, P52CG, and B11CG show the contribution made by household final consumption, investment, general government consumption, change in inventories and net exports to overall GDP growth. Note that for those countries that deflate their current price estimates of GDP using so-called superlative price indices, such as the United States, the sum of the contribution of the individual components will not necessarily sum up to the overall GDP growth rate.

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<br />Indicator: Household final consumption expenditure, volume, annual growth rates, percentageContact person/organisation

In this dataset, almost all OECD countries compile their data according to 2008 System of National Account (SNA).

The link to the file "ANA_changes.xls" is available for users to provide more information on where OECD countries and non member countries stand regarding the change over the 2008 SNA.

The readers' guide gives general information on the dataset and withheld criteria for this dataset.

Readers'guidehttps://stats.oecd.org/wbos/fileview2.aspx?IDFile=0f8a2aaf-ede2-450f-bcd7-5c64c251a50d ANA_changes.xlshttps://stats.oecd.org/wbos/fileview2.aspx?IDFile=a93cfcc9-df92-4d84-be64-58fd6d788737 Other data characteristics

Household final consumption expenditure is typically the largest component of final uses of GDP, representing in general around 60% of GDP. It is therefore an essential variable for economic analysis of demand. An additional concept, (household) actual individual consumption, also exists in the SNA. This concept allocates individual consumption expenditures of general government and NPISHs (those that directly benefit households) to households (the ultimate consumers of these expenditures), providing an important measure for cross-country comparisons, in particular for comparisons of well-being.

Key statistical concept

Definition

Household final consumption expenditure covers all purchases made by resident households (home or abroad) to meet their everyday needs: food, clothing, housing services (rents), energy, transport, durable goods (notably cars), spending on health, on leisure and on miscellaneous services. It also includes a number of imputed expenditures, for example agricultural products produced for own consumption but the most significant imputation is typically owner-occupiers' imputed rents. The other main imputed item of expenditure relates to income in kind (employees may receive goods and services either free of charge or at very low prices as part of their wages).

By convention, apart from dwellings, all goods and services bought by households to meet their own everyday needs are recorded as final consumption. Purchases of dwellings are recorded as gross fixed capital formation. Partial payments for goods and services "provided" by general government are included in household final consumption. This covers cases in which households have to pay a part of the public services provided, for example, prescription medicines and medical services partly reimbursed by government. The portion that is reimbursed forms part of expenditure by general government, and, so, also, of household actual individual consumption.

Households' actual individual consumption is equal to households' consumption expenditure plus those (individual) expenditures of general government and NPISHs that directly benefit households, such as, health care and education. See also B7GS14_S15HCPC on disposable income per capita.

Recommended uses and limitations

Comparability

Comparability of both concepts (household final consumption and household actual individual consumption) is good. However, cross-country comparisons of actual individual consumption provide a better basis to measure relative well-being of households across countries. This is because there are significant differences between countries regarding the proportion of expenditure on health care and education paid directly by households and the proportion paid on their behalf by government, which are financed for example through taxes and that do not form part of household final consumption.

The data are also including NPISH's for Australia, Chile, and Turkey. For New Zealand, data include imports of low value goods purchased directly by households.

P31S14_S15HCPIXOE and P41HCPIXOE show actual individual consumption per head using PPPs specifically related to actual individual consumption and are therefore different to PPPs used for overall GDP.

P31S14_S15CG, P3S13CG, P5CG, P51CG, P52CG, and B11CG show the contribution made by household final consumption, investment, general government consumption, change in inventories and net exports to overall GDP growth. Note that for those countries that deflate their current price estimates of GDP using so-called superlative price indices, such as the United States, the sum of the contribution of the individual components will not necessarily sum up to the overall GDP growth rate.

<Body /><Link><Title>2008 SNAhttps://stats.oecd.org/wbos/fileview2.aspx?IDFile=62f21fca-6a46-4460-b2d7-00d40d59f18dBibliographyhttps://stats.oecd.org/wbos/fileview2.aspx?IDFile=13c0f8d7-28cf-463b-a443-6d11290b4756