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CLASSIFICATION OF INDIVIDUAL CONSUMPTION BY PURPOSE (COICOP)

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French Equivalent: Classification des fonctions de la consommation individuelle (COICOP)

Definition:
The classification of individual consumption by purpose (COICOP) is a classification used to classify both individual consumption expenditure and actual individual consumption.

Context:
COICOP is one of the "functional" classifications designed to classify certain transactions of producers and of three institutional sectors, namely household, general government and non- profit institutions serving households. They are described as "functional" classifications because they identify the "functions" - in the sense of "purposes" or "objectives" - for which these groups of transactors engage in certain transactions. The classifications concerned are:

- Classification of individual consumption by purpose (COICOP).
- Classification of the functions of government (COFOG).
- Classification of the purposes of non-profit institutions serving households (COPNI).
- Classification of outlays of producers by purpose (COPP).

Source Publication:
System of National Accounts (SNA). 2008, 18.1, 18.7.

Cross References:
Classification of outlays of producers by purpose (COPP)
Classification of the functions of government (COFOG)
Classification of the purposes of non-profit institutions (COPNI)

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

Classification Indicator: Classification

Statistical Theme: Classifications

Created on Tuesday, September 25, 2001

Last updated on Tuesday, April 09, 2013