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HOUSEHOLD ACTUAL FINAL CONSUMPTION

Statistics Directorate    
French Equivalent: Consommation finale effective des ménages

Definition:
Household actual final consumption (also Actual Individual Consumption) consists of the consumption goods and services acquired by individual households. The value of household actual final
consumption is given by the sum of three components:

a. The value of households’ expenditures on consumption goods or services including expenditures on nonmarket goods or services sold at prices that are not economically significant;

b. The value of the expenditures incurred by government units on individual consumption goods or services provided to households as social transfers in kind; and

c. The value of the expenditures incurred by NPISHs on individual consumption goods or services provided to households as social transfers in kind.

Source Publication:
System of National Accounts (SNA), 2008, 9.81.

Hyperlink:
http://unstats.un.org/unsd/nationalaccount/docs/SNA2008.pdf

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Wednesday, April 24, 2013