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Last updatedcalendar_monthJul 30, 2020Classification of household consumption expenditure

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Generation Z, which accounts for about a quarter of the world’s population, is garnering attention as the largest consumer demographic of the future.
In this article, we use Intage’s consumer database “Global Viewer” to compare Generation Z across 10 Asian countries and explain their commonalities and differences.
 
Understanding Generation Z Around the World: Country-Specific Trends Through Values and Daily Life
・Generation Z’s Values (Health, Parenting, Shopping, etc.)
・Generation Z’s Lifestyle

Reference

Reference
Classification of household consumption expenditure  (%)
United Nations Statistics Division (UNSD), "National Accounts Official Country Data", "Table 3.2 Individual consumption expenditure of households, NPISHs, and general government at current prices",
Retrieved Dec. 2024, from https://bit.ly/3coXAEg

Household consumption expenditure per capita 
World Bank, "World Development Indicators database", "Households and NPISHs final consumption expenditure per capita (constant 2015 US$)"
Retrieved Dec. 2024, from https://bit.ly/36SoEKZ

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The U.S. tops the list of annual household consumption expenditures per capita, at $37,922. It is followed by the UK, Hong Kong, Japan and Germany. In terms of the share of household consumption expenditure, the Philippines has more than 40% in the food sector alone. Indonesia and India also have a share of over 30%. On the other hand, in Singapore, the U.S. and the UK, the food sector accounts for less than 10%. Japan, the UK and Germany have the highest share of rent and utility costs, at over 20%. In Thailand, compared to the other countries, the expenditure share of the restaurant and hotel sector is larger at 18% of the total.

Reference

Reference Household consumption expenditure per capita World Bank, "World Development Indicators database", "Household final consumption expenditure per capita (constant 2010 US$)" Retrieved June 2, 2020, from https://bit.ly/36SoEKZ Classification of household consumption expenditure (%) United Nations Statistics Division (UNSD), "National Accounts Official Country Data", "Table 3.2 Individual consumption expenditure of households, NPISHs, and general government at current prices", Retrieved June 2, 2020, from https://bit.ly/3coXAEg

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