Austria - Household final consumption expenditure (current LCU)

Household final consumption expenditure (current LCU) in Austria was reported at 179089950000 LCU in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 austria household final consumption expenditure current lcu wb data




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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 current local currency.


Austria | Economy & Growth