Shanxi - Final Consumption Expenditure

8,756 (100 Million Yuan) in 2017

In 2017, final consumption for Shanxi was 8,756 100 million yuan. Between 2003 and 2017, final consumption of Shanxi grew substantially from 1,400 to 8,756 100 million yuan rising at an increasing annual rate that reached a maximum of 22.02% in 2010 and then decreased to 17.51% in 2017.

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What is final consumption?

Final Consumption Expenditure refers to the total expenditure of resident units for purchases of goods and services from both the domestic economic territory and abroad to meet the needs of material, cultural and spiritual life. It does not include the expenditure of non-resident units on consumption in the economic territory of the country. The final consumption expenditure is broken down into household consumption expenditure and government consumption expenditure.

What is Shanxi final consumption?