Household consumption in Micronesia (subregion) in 2022 — 5,562,816,547 US$. Since 2006, the indicator has risen by 69.4%.
2006–2022 · US$
How the value compares with the world and the groups this territory belongs to: Micronesia (subregion)
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2022 | 5.56B | +375M | +7.24% |
| 2021 | 5.19B | +410M | +8.59% |
| 2020 | 4.78B | −120M | −2.45% |
| 2019 | 4.9B | +37.81M | +0.78% |
| 2018 | 4.86B | +80.94M | +1.69% |
| 2017 | 4.78B | +285M | +6.35% |
| 2016 | 4.49B | +168M | +3.89% |
| 2015 | 4.33B | +34.88M | +0.81% |
| 2014 | 4.29B | +85.26M | +2.03% |
| 2013 | 4.21B | +60.59M | +1.46% |
| 2012 | 4.14B | +292M | +7.59% |
| 2011 | 3.85B | +143M | +3.87% |
| 2010 | 3.71B | +47.35M | +1.29% |
| 2009 | 3.66B | −19.06M | −0.52% |
| 2008 | 3.68B | +271M | +7.96% |
| 2007 | 3.41B | +126M | +3.84% |
| 2006 | 3.28B | — | — |
Household final consumption expenditure in current US dollars — everything people buy for themselves, from food and housing to services. This is the largest part of GDP in almost any country, usually between half and three quarters, and in absolute terms it sets the size of the consumer market. For gauging the capacity of a market the indicator is more useful than GDP: it includes neither government spending nor investment nor exports.
Important: It includes the imputed value of living in owner-occupied housing and other imputed services — computed quantities that statistical offices estimate unevenly.
Source: World Development Indicators (World Bank), license CC BY 4.0.