Iran, Islamic Rep. | Households and NPISHs final consumption expenditure (% 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. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Household final consumption expenditure is often estimated as a residual, by subtracting all other known expenditures from GDP. The resulting aggregate may incorporate fairly large discrepancies. When household consumption is calculated separately, many of the estimates are based on household surveys, which tend to be one-year studies with limited coverage. Thus the estimates quickly become outdated and must be supplemented by estimates using price- and quantity-based statistical procedures. Complicating the issue, in many developing countries the distinction between cash outlays for personal business and those for household use may be blurred. Informal economic activities pose a particular measurement problem, especially in developing countries, where much economic activity is unrecorded. A complete picture of the economy requires estimating household outputs produced for home use, sales in informal markets, barter exchanges, and illicit or deliberately unreported activities. The consistency and completeness of such estimates depend on the skill and methods of the compiling statisticians. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Islamic Republic of Iran
Records
63
Source
Iran, Islamic Rep. | Households and NPISHs final consumption expenditure (% of GDP)
81.84181675 1960
79.8340719 1961
77.93628491 1962
75.93292233 1963
70.34925401 1964
64.12430212 1965
63.54608984 1966
63.2950368 1967
56.72388127 1968
57.94582317 1969
57.72425246 1970
55.85458535 1971
50.83385052 1972
44.46741332 1973
36.74698276 1974
45.53727628 1975
37.87008545 1976
42.13220791 1977
50.22860612 1978
52.41649138 1979
57.67569283 1980
64.0872419 1981
61.87682441 1982
62.55738398 1983
65.61797815 1984
67.01484227 1985
71.7186229 1986
68.92329967 1987
75.07512347 1988
71.54117256 1989
67.87553562 1990
62.40622077 1991
61.25888393 1992
52.42815268 1993
51.37321918 1994
50.03272276 1995
47.38500507 1996
52.40022189 1997
57.92447325 1998
52.07258249 1999
49.72716689 2000
50.22078515 2001
46.59456634 2002
44.44229784 2003
42.67812678 2004
41.20336372 2005
41.43660016 2006
41.42524054 2007
41.66039775 2008
44.49558363 2009
42.92200845 2010
42.27294581 2011
47.80559933 2012
46.84665122 2013
47.34892941 2014
53.42159098 2015
51.03832199 2016
48.91613272 2017
48.02319384 2018
49.07656738 2019
46.26938038 2020
43.14413692 2021
45.2805311 2022
Iran, Islamic Rep. | Households and NPISHs final consumption expenditure (% 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. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Household final consumption expenditure is often estimated as a residual, by subtracting all other known expenditures from GDP. The resulting aggregate may incorporate fairly large discrepancies. When household consumption is calculated separately, many of the estimates are based on household surveys, which tend to be one-year studies with limited coverage. Thus the estimates quickly become outdated and must be supplemented by estimates using price- and quantity-based statistical procedures. Complicating the issue, in many developing countries the distinction between cash outlays for personal business and those for household use may be blurred. Informal economic activities pose a particular measurement problem, especially in developing countries, where much economic activity is unrecorded. A complete picture of the economy requires estimating household outputs produced for home use, sales in informal markets, barter exchanges, and illicit or deliberately unreported activities. The consistency and completeness of such estimates depend on the skill and methods of the compiling statisticians. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Islamic Republic of Iran
Records
63
Source