In the financial year 2022, the nominal private final consumption expenditure (PFCE) accounted for 59.6 percent of India's GDP. The figure is projected to rise to 60.1 percent in the fiscal year 2023. Over the years, the ratio of PFCE to GDP in India has increased, indicating a growth in private consumption expenditure in the country.
Share of nominal private final consumption expenditure (PFCE) in GDP across India from financial year 2011 to 2022, with an estimate for 2023
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Ernst & Young India. (January 19, 2023). Share of nominal private final consumption expenditure (PFCE) in GDP across India from financial year 2011 to 2022, with an estimate for 2023 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1379236/india-share-of-nominal-pfce-in-gdp/
Ernst & Young India. "Share of nominal private final consumption expenditure (PFCE) in GDP across India from financial year 2011 to 2022, with an estimate for 2023." Chart. January 19, 2023. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1379236/india-share-of-nominal-pfce-in-gdp/
Ernst & Young India. (2023). Share of nominal private final consumption expenditure (PFCE) in GDP across India from financial year 2011 to 2022, with an estimate for 2023. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1379236/india-share-of-nominal-pfce-in-gdp/
Ernst & Young India. "Share of Nominal Private Final Consumption Expenditure (Pfce) in Gdp across India from Financial Year 2011 to 2022, with An Estimate for 2023." Statista, Statista Inc., 19 Jan 2023, https://www.statista.com/statistics/1379236/india-share-of-nominal-pfce-in-gdp/
Ernst & Young India, Share of nominal private final consumption expenditure (PFCE) in GDP across India from financial year 2011 to 2022, with an estimate for 2023 Statista, https://www.statista.com/statistics/1379236/india-share-of-nominal-pfce-in-gdp/ (last visited December 19, 2024)
Share of nominal private final consumption expenditure (PFCE) in GDP across India from financial year 2011 to 2022, with an estimate for 2023 [Graph], Ernst & Young India, January 19, 2023. [Online]. Available: https://www.statista.com/statistics/1379236/india-share-of-nominal-pfce-in-gdp/
