Final consumption expenditure reached 211,232 USD bil in 2017 in Chile, according to the National Statistical Office. This is 9.86 % more than in the previous year.
Historically, final consumption expenditure in Chile reached an all time high of 211,232 USD bil in 2017 and an all time low of 3,656 USD bil in 1960. When compared to Chile's main peers, final consumption expenditure in Argentina amounted to 535,554 USD bil, 31,761 USD bil in Bolivia, 29,744 USD bil in Paraguay and 45,574 USD bil in Uruguay in 2017.
Chile has been ranked 41st within the group of 161 countries we follow in terms of final consumption expenditure, 6 places above the position seen 10 years ago.
Final consumption expenditure consists of expenditure incurred by resident institutional units on goods or services that are used for the direct satisfaction of the individual needs or wants or the collective needs of members of the community.