Venezuela VE: GDP: PPP: Household Final Consumption Expenditure

Venezuela VE: GDP: PPP: Household Final Consumption Expenditure data was reported at 298,406.943 Intl $ mn in 2014. This records a decrease from the previous number of 305,018.032 Intl $ mn for 2013. Venezuela VE: GDP: PPP: Household Final Consumption Expenditure data is updated yearly, averaging 256,883.121 Intl $ mn from Dec 2008 (Median) to 2014, with 7 observations. The data reached an all-time high of 305,018.032 Intl $ mn in 2013 and a record low of 235,191.904 Intl $ mn in 2009. Venezuela VE: GDP: PPP: Household Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. 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 converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Gap-filled total;

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