Talk:List of largest consumer markets

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References[edit]

The UN reference given does not appear to show the figures in the article. Can you please improve the references? Nanodance (talk) 08:16, 8 September 2010 (UTC)[reply]

Sure, go to "Basic data selection", select "all" countries (double click), then the year ("2008"), and then select "GDP by expenditure, at current prices, US Dollars". The data is in the column "Household consumption expenditure". //List of largest consumer markets (talk) 08:24, 8 September 2010 (UTC)[reply]
If you want to see the consumption to GDP ratio, go back to "Basic data selection" and select "GDP by expenditure, Percentage distribution, shares". Here is the link : http://unstats.un.org/unsd/snaama/selbasicFast.asp . //List of largest consumer markets (talk) 08:26, 8 September 2010 (UTC)[reply]
Thanks for the quick reply. The results from that page for the US, when I query as you've directed, are:
Country or area Year Currency Final consumption expenditure Household consumption expenditure General government final consumption expenditure Gross capital formation Gross fixed capital formation Changes in inventories Exports of goods and services Imports of goods and services
United States 2008 US$ 88 71 17 17 17 0 13 18
How do we get from that to the figure of HFCE = 10,010,111 million shown in the article? Am I performing the query incorrectly, or misunderstanding a sum from the figures given? Thanks, Nanodance (talk) 08:52, 8 September 2010 (UTC)[reply]

That's only the percentage distribution. 71 = 71% of GDP. You must choose GDP by expenditure, at current prices, US Dollars in the list.

Country or area Year Currency Final consumption expenditure Household consumption expenditure General government final consumption expenditure Gross capital formation Gross fixed capital formation Changes in inventories Exports of goods and services Imports of goods and services
United States 2008 US$ 12,400,048,451,144 10,010,111,025,401 2,389,937,425,743 2,352,743,570,024 2,414,466,105,504 -61,722,535,480 1,838,287,722,689 2,539,435,700,722

//List of largest consumer markets (talk) 09:03, 8 September 2010 (UTC)[reply]

Aha, I see where I went wrong now. Thanks for the clarification. Nanodance (talk) 09:05, 8 September 2010 (UTC)[reply]

Outdated data for the EU[edit]

Is there a reason why the data for the EU is five years older than for the US? Comparing data from the peak of the financial crisis with data five years later at a point in which the EU was taking up yet another member doesn't make much sense. --91.67.245.87 (talk) 16:25, 30 March 2018 (UTC)[reply]

PPP[edit]

It's a bit Misleading to not use PPP terms especially today when energy prices have gone sky high in Europe. The inflation is overkill there but that doesn't actually mean that they are buying heaps of gas. The prices have simply gone up ten times but not because the trade has gone up ten Times. GDP comparisons using PPP are much more useful than those using nominal GDP because when assessing the domestic market of a state, you counter the inflation rates by using a relative measure of worth of such goods. Rather than price it because it costs how much over there. Just because gas in Europe is like 10 times the price in Asia. That doesn't mean the gas market is larger than in Asia. It's extremely misleading and Hence why PPP should at least be included now when inflation rates are becoming excruciatingly high particularly in EU. PPP should be mentioned now to avoid misleading people and get a more accurate view of how much trade and goods a particular country is consuming. 49.195.117.55 (talk) 18:17, 6 December 2022 (UTC)[reply]

Sourcing for 2023 data?[edit]

The article says that its pulling its number from the world bank open dataset, but when you follow the link the word bank only has data up to 2021, while the article is giving numbers up to 2023 for many countries. Where are these numbers coming from? If there is another layer of the world bank dataset including 2023 data (perhaps one that requires institutional access), this should be noted or at least included as a separate citation. Some countries have separate citations, such as the United States, but even here this citation only goes up through 2022. Some clarity would be appreciated here, thank you. Checksout4 (talk) 15:11, 26 October 2023 (UTC)[reply]