Household final consumption expenditure; PPP (constant 2005 international dollar) in the United Kingdom

The Household final consumption expenditure; PPP (constant 2005 international dollar) in the United Kingdom was last reported at 1273679080509.29 in 2010, according to a World Bank report released in 2011. The Household final consumption expenditure; PPP (constant 2005 international dollar) in the United Kingdom was 1264535258461.62 in 2009, according to a World Bank report, published in 2010. The Household final consumption expenditure; PPP (constant 2005 international dollar) in the United Kingdom was reported at 1305405044057.97 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 the United Kingdom. The United Kingdom is among the world's most developed economies. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. Over the past two decades, the government has greatly reduced public ownership and contained the growth of social welfare programs.

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