Consumption
Consumption measures total final consumption expenditure within an economy, combining private consumption by households and public consumption by government. It excludes the acquisition of dwellings and investment goods, making it a core demand-side indicator of economic activity. This Consumption series is part of the Latin Macro Watch (LMW) database curated by the Inter-American Development Bank (IDB) and published on data.iadb.org, giving researchers, policymakers, and journalists a harmonized view of household and government spending across Latin America and the Caribbean.
Coverage
The series spans 23 countries across Latin America and the Caribbean at annual and quarterly frequency, covering the period 1990–2026. Values can be expressed as % of GDP, PPP adjusted, in constant prices (national accounts deflator), in millions of USD, in millions of domestic currency, or seasonally adjusted. Quarter-on-quarter (QoQ %) and year-on-year (YoY %) transformations are also available for trend and growth analysis.
Sources
Data are compiled from official national statistical offices and central banks, including INEGI - Mexico, INDEC - Argentina, the Departamento Administrativo Nacional de Estadística (DANE) - Colombia, the Instituto Nacional de Estadísticas (INE) de Chile, and Banco Central de El Salvador. The IDB standardizes these national sources into a comparable cross-country dataset.
Metadata & use
| Format | CSV |
|---|---|
| Language | en |
| Country |
Argentina
Bahamas
Trinidad & Tobago
Belize
Costa Rica
Dominican Republic
Ecuador
Bolivia
Brazil
Chile
Colombia
El Salvador
Jamaica
Mexico
Nicaragua
Guatemala
Guyana
Haiti
Honduras
Panama
Uruguay
Venezuela
Barbados
Paraguay
Peru
Suriname
|
| Data notes |
What does the Consumption indicator measure?It measures total final consumption expenditure in an economy, combining private consumption by households and public consumption by government. It excludes the acquisition of dwellings and investment goods. How many countries and which frequencies and period are covered?The series covers 23 countries across Latin America and the Caribbean at annual and quarterly frequency, over the period 1990–2026. What units and transformations are available?Consumption can be viewed as % of GDP, PPP adjusted, in constant prices (national accounts deflator), in millions of USD or domestic currency, or seasonally adjusted. Quarter-on-quarter (QoQ %) and year-on-year (YoY %) transformations are also provided. Where does the data come from?Data are compiled by the IDB from official national statistical offices and central banks, such as INEGI - Mexico, INDEC - Argentina, the Departamento Administrativo Nacional de Estadística (DANE) - Colombia, and the Instituto Nacional de Estadísticas (INE) de Chile. What is this indicator typically used for?Analysts use Consumption to gauge domestic demand, decompose GDP growth, compare household versus government spending, and assess economic cycles across Latin American and Caribbean economies. How do I cite this indicator?Cite it as: Inter-American Development Bank (IDB), Latin Macro Watch — "Consumption". data.iadb.org/dataset/latin-macro-watch-dataset. |