European Union Gross Domestic Product: Share of GDP
EU European Union: GDP: % of GDP: Final Consumption Expenditure: Household
European Union: GDP: % of GDP: Final Consumption Expenditure: Household data was reported at 55.951 % in 2017. This records a decrease from the previous number of 56.082 % for 2016. European Union: GDP: % of GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 57.828 % from Dec 1970 to 2017, with 48 observations. The data reached an all-time high of 59.512 % in 1982 and a record low of 55.951 % in 2017. European Union: GDP: % of GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under World Trend Plus’s Aggregate: Euro Area and European Union – Table EU.World Bank.WDI: Gross Domestic Product: Share 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 55.95 2017 | yearly | 1970 - 2017 |
View European Union's EU European Union: GDP: % of GDP: Final Consumption Expenditure: Household from 1970 to 2017 in the chart:
EU European Union: GDP: % of GDP: Gross Value Added: Services
European Union: GDP: % of GDP: Gross Value Added: Services data was reported at 66.001 % in 2017. This records a decrease from the previous number of 66.038 % for 2016. European Union: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 63.988 % from Dec 1991 to 2017, with 27 observations. The data reached an all-time high of 66.574 % in 2009 and a record low of 60.508 % in 1991. European Union: GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under World Trend Plus’s Aggregate: Euro Area and European Union – Table EU.World Bank.WDI: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 66.00 2017 | yearly | 1991 - 2017 |