Actual final consumption
Actual final consumption consists of goods or services that are acquired by households, non-profit institutions serving households and general government for the direct satisfaction of human needs, whether individual or collective.
Some of the goods and services may be provided as social transfers in kind.
Actual final consumption of households comprises goods and services acquired by households themselves and goods and services obtained from non-profit institutions or general government as social transfers in kind. The latter includes health, educational and social services.
Actual final consumption of general government comprises collective services provided by general government for all members of a community or of a certain group. Examples of these are general administration, national defence and environmental protection.
Statistics using the definition
Validity of the definition
- Valid until (31 December 2078)
Source organisation
- EU
Related concepts
Jaa