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Household consumption expenditure in current prices

(US dollars)

The United States of America is the top country by household consumption in the world. As of 2016, household consumption in the United States of America was 12,820,693 million US dollars that accounts for 29.65 % of the world's household consumption. The top 5 countries (others are China, Japan, Germany, and the United Kingdom) account for 54.55 % of it. The world's total household consumption was estimated at 43,243,034 million US dollars in 2016.

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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.