European Union Compared by Economy > GDP > Composition, by end use > Household consumption

DEFINITION: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
imports of goods and ...
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1 Greece 73.7% 2013
2 Bulgaria 72.1% 2013
3 Romania 71.5% 2013
4 Cyprus 66.8% 2013
5 United Kingdom 65.8% 2013
6 Portugal 65.6% 2013
7 Lithuania 64% 2013
8 Latvia 62.4% 2013
9 Poland 61.2% 2013
10 Italy 60.4% 2013
11 Malta 60% 2013
12 Spain 59.3% 2013
13 Croatia 59.2% 2013
14 France 57.7% 2013
15 Germany 57.4% 2013
16 Slovakia 57.3% 2013
17 Slovenia 56.9% 2013
18 Finland 56.4% 2013
19 Austria 55% 2013
20 Hungary 54.3% 2013
21 Belgium 52.9% 2013
=22 Estonia 50.4% 2013
=22 Ireland 50.4% 2013
24 Czech Republic 49.6% 2013
25 Denmark 49.4% 2013
26 Sweden 48.4% 2013
27 Netherlands 45.6% 2013
28 Luxembourg 31.2% 2013


European Union Compared by Economy > GDP > Composition, by end use > Household consumption


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