The households final consumption expenditure of Jamaica in 2019 amounted to 12 061 million USD, which is 0.75% more than in 2018, when it was 11 971 million USD. It has been growing in this country for already 3 years in a row. Over the entire data period, since 1960, this indicator has increased in 24.96 times. The lowest households consumption expenditure in the service sector was recorded in 1960, when it was 483 million USD. The maximum value of Jamaica was in 2012, when it reached 12 654 million USD.
This value includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time.
Private consumption | Jamaica – yearly data, chart and table
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Primary data
Change
Per capita
Per capita in month
Per capita in day
Per month
Per 1000 km2 surface area
PPP
In constant 2015 dollars
In local currency (average annual exchange rate)
Per capita (local currency)
Percent of GDP
Percent of GNI
Percent of total consumption
Table
Chart
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Overview
Additional infomation:
About indicator
Household and NPISHs final consumption expenditure 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. This indicator includes the expenditures of nonprofit institutions serving households even when reported separately by the country.
