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Latin America and Caribbean Compared by Economy > Household spending

DEFINITION: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars.".

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Brazil 576.69 billion 2009
2 Mexico 477.22 billion 2009
3 Argentina 262.86 billion 2009
4 Venezuela 108.48 billion 2009
5 Colombia 94.32 billion 2009
6 Chile 73.31 billion 2009
7 Peru 58.08 billion 2009
8 Dominican Republic 32.02 billion 2009
9 Cuba 27.43 billion 2008
10 Guatemala 22.28 billion 2009
11 Uruguay 20.67 billion 2009
12 Ecuador 16.16 billion 2009
13 Costa Rica 15 billion 2009
14 El Salvador 14.26 billion 2009
15 Panama 12.84 billion 2009
16 Bolivia 8.51 billion 2009
17 Trinidad and Tobago 8.3 billion 2005
18 Honduras 7.49 billion 2009
19 Paraguay 6.92 billion 2009
20 Jamaica 6.69 billion 2000
21 Nicaragua 4.61 billion 2009
22 The Bahamas 3.3 billion 2004
23 Haiti 3.17 billion 2000
24 Barbados 1.68 billion 2002
25 Belize 712.93 million 2008
26 Suriname 567 million 2000
27 Guyana 480.73 million 2002
28 Saint Lucia 463.84 million 2000
29 Grenada 263.59 million 2000
30 Saint Vincent and the Grenadines 217.59 million 2003
31 Antigua and Barbuda 216.16 million 2002
32 Dominica 201.87 million 2006
33 Saint Kitts and Nevis 150.94 million 2003

Citation

"Countries Compared by Economy > Household spending. International Statistics at NationMaster.com", World Bank national accounts data, and OECD National Accounts data files. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/group-stats/Latin-America-and-Caribbean/Economy/Household-spending

Latin America and Caribbean Compared by Economy > Household spending

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Interesting observations about Economy > Household spending

  • United States has had the highest household spending since 1970.
  • China ranked first for household spending amongst Emerging markets in 2009.
  • Germany ranked first for household spending amongst European Union in 2009.
  • France ranked first for household spending amongst Catholic countries in 2009.
  • Mexico ranked first for household spending amongst Former Spanish colonies in 2009.
  • United Kingdom ranked second for household spending amongst Europe in 2009.
  • Japan ranked second for household spending amongst High income OECD countries in 2009.
  • Brazil ranked first for household spending amongst Hot countries in 2009.
  • Canada ranked last for household spending amongst Group of 7 countries (G7) in 2009.
  • European Union has ranked in the top 2 for household spending since 1960.
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