Tibet - Household Consumption Expenditure

371 (100 Million Yuan) in 2017

In 2017, household consumption for Tibet was 371 100 million yuan. Household consumption of Tibet increased from 76 100 million yuan in 2003 to 371 100 million yuan in 2017 growing at an average annual rate of 12.24%.

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What is household consumption?

Household Consumption Expenditure refers to the total expenditure of resident households on the final consumption of goods and services. In addition to the consumption of goods and services bought by the households directly with money, the household consumption expenditure also includes expenditure on goods and services obtained by the households in other ways, i.e. the so-called imputed consumption expenditure, which includes the following: (a) the goods and services provided to households by employers in the form of payment in kind and transfer in kind; (b) goods and services produced and consumed by the households themselves, in which the services refer to the owner-occupied housing and services offered by paid family employees; (c) financial intermediate services provided by the financial institution.

What is Tibet household consumption?