Xinjiang - Final Consumption Rate as a Share of GDP

66.83 (% of GDP) in 2017

In 2017, final consumption rate for Xinjiang was 66.83 % of GDP. Final consumption rate of Xinjiang increased from 53.7 % of GDP in 2003 to 66.83 % of GDP in 2017 growing at an average annual rate of 1.68%.

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What is final consumption rate?

Final Consumption refers to the total expenditure of resident units on the final consumption of goods and services in a certain period, namely the expenditure of the resident units for purchases of goods and services from the domestic economic territory and abroad to meet the requirements of material, cultural and spiritual life. It excludes the expenditure of non-resident units on consumption in the economic territory of the country. The final consumption is classified into household consumption and government consumption. Final Consumption Rate counts as a share of GDP in %.

What is Xinjiang final consumption rate?