Household final consumption expenditure; PPP (constant 2005 international dollar) in Italy

The Household final consumption expenditure; PPP (constant 2005 international dollar) in Italy was last reported at 934164812929.04 in 2010, according to a World Bank report released in 2011. The Household final consumption expenditure; PPP (constant 2005 international dollar) in Italy was 925235720830.69 in 2009, according to a World Bank report, published in 2010. The Household final consumption expenditure; PPP (constant 2005 international dollar) in Italy was reported at 942486340920.42 in 2008, according to the World Bank. 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 constant 2005 international dollars using purchasing power parity rates.This page includes a historical data chart, news and forecasts for Household final consumption expenditure; PPP (constant 2005 international dollar) in Italy. Italy is a member of the G8 group of leading industrialized countries. Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, welfare-dependent, agricultural south, with high unemployment. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises.

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