Guyana GY: GDP: % of GDP: Final Consumption Expenditure: Household

Guyana GY: GDP: % of GDP: Final Consumption Expenditure: Household data was reported at 61.879 % in 2016. This records a decrease from the previous number of 79.391 % for 2015. Guyana GY: GDP: % of GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 62.962 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 93.620 % in 2008 and a record low of 35.295 % in 1986. Guyana GY: GDP: % of GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Guyana – Table GY.World Bank.WDI: Gross Domestic Product: Share of GDP. 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. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

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