Micronesia (Federated States of) - Household consumption expenditure in % of GDP

69.1 (%) in 2017

In 2017, household consumption for Micronesia (Federated States of) was 69.1 %. Though Micronesia (Federated States of) household consumption fluctuated substantially in recent years, it tended to decrease through 1998 - 2017 period ending at 69.1 % in 2017.

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What is household consumption?

Household final consumption expenditure consists of the expenditure, including imputed expenditure, incurred by resident households on individual consumption goods and services, including those sold at prices that are not economically significant.

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What is Micronesia (Federated States of) household consumption?