Tibet - Final Consumption Expenditure

1,045 (100 Million Yuan) in 2017

In 2017, final consumption for Tibet was 1,045 100 million yuan. Final consumption of Tibet increased from 168 100 million yuan in 2003 to 1,045 100 million yuan in 2017 growing at an average annual rate of 15.19%.

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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 Tibet final consumption?