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This is a list of countries by household final consumption expenditure per capita, that is, the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households during one year, divided by the country's average (or mid-year) population for the same year.
In the national accounts expenditure on goods and services that are used for the direct satisfaction of individual needs (individual consumption) or collective needs of members of the community (collective consumption) is recorded in the use of income account under the transaction final consumption expenditure (FCE).
Household final consumption expenditure (POES) is a transaction of the national account's use of income account representing consumer spending. It consists of the expenditure incurred by resident households on individual consumption goods and services, including those sold at prices that are not economically significant.
For example, it only considers the change to six household outgoings – energy, groceries, council tax, mortgages, personal tax and motoring. These outgoings don’t apply to all families, for ...
Not surprisingly, the 2024 holiday season saw a sharp increase in doom spending. Members of Gen Z said they planned to spend 21% more than in the previous year, according to an October 2024 stud y ...
Lower federal taxes for all income groups, with the greatest decrease for the highest income households, predominately because of the Trump tax cuts. [14]: 0 Income inequality is projected to increase, both before taxes and transfers, and after taxes and transfers, from Ginis of .513 to .521 and .423 to .437, respectively. [14]: 0,22-24 [14]
Millions across the country will see their outgoings increase from the end of this week, forcing more into poverty Bleak Friday: Household bills to soar by £80 a month from 1 April Skip to main ...
The post can be misleading since the data source is not clear, and there is no way to track the original data source from WDI for the presented data. The closest one is what Manlleus put above for household and NPISH expenditure, which gives very different values from what's given in the original post. Please revise the source correctly.