America countries

984,592,593
Antigua and Barbuda: Final consumption expenditure (constant 2010 US$) 0.0 April 14, 2021

Antigua and Barbuda: Final consumption expenditure (constant 2010 US$)

Name Final consumption expenditure (constant 2010 US$)
Aggregation method Gap-filled total
Region Карибский регион
Country Antigua and Barbuda

Statistics: Final consumption expenditure (constant 2010 US$)

Frequency Annual
Date 2010 - 2010
Previous value 984,592,593 (2010)
Value 984,592,593 (2010)

Definition: Final consumption expenditure (constant 2010 US$)

Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

Chart - Antigua and Barbuda: Final consumption expenditure (constant 2010 US$) (2010 - 2010)

Development relevance: Final consumption expenditure (constant 2010 US$)

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Limitations and Exceptions: Final consumption expenditure (constant 2010 US$)

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.

Statistical concept and methodology: Final consumption expenditure (constant 2010 US$)

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.