Households and NPISHs final consumption expenditure (% of GDP) in Benin was reported at 69.45% in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Benin - Households and NPISHs final consumption expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2023.


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 benin private consumption percentage of gdp percent wb data


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.


Benin | World Bank Development Indicators