Household final consumption expenditure reached 29,787 USD bil in 2017 in Serbia, according to the National Statistical Office. This is 7.44 % more than in the previous year.
Historically, household final consumption expenditure in Serbia reached an all time high of 37,058 USD bil in 2008 and an all time low of 4,952 USD bil in 2000. When compared to Serbia's main peers, household final consumption expenditure in Bosnia and Herzegovina amounted to 14,174 USD bil, 31,653 USD bil in Croatia, 69,166 USD bil in Hungary and 132,522 USD bil in Romania in 2017.
Serbia has been ranked 84th within the group of 159 countries we follow in terms of household final consumption expenditure, 15 places behind the position seen 10 years ago.
This represents consumer spending on domestic territory and expenditure by resident households abroad (outbound tourists), but excludes any non-resident households' expenditure on domestic territory (inbound tourists).