slutkonsumtionens

Slutkonsumtionens is a Swedish term used in macroeconomics to refer to final consumption expenditure within the national accounts. It measures the value of goods and services purchased and used by resident households, non-profit institutions serving households (NPISH), and general government for the direct satisfaction of needs in a given period, normally a year. In Sweden, as in many statistical systems, final consumption expenditure is a component of GDP calculated by the expenditure approach: GDP = final consumption expenditure + gross capital formation + (exports - imports).

The principal subcomponents are household final consumption expenditure (HFCE), government final consumption expenditure (GFCE), and NPISH final consumption expenditure. HFCE covers purchases by households for goods and services; GFCE covers government spending on final goods and services; NPISH covers non-profit institutions serving households, such as charities and associations, whose services are consumed by households.

The share of slutkonsumtionens in GDP is a key indicator of domestic demand and living standards and is often tracked over time to assess economic cycles and policy effects. Higher final consumption relative to GDP can reflect strong household incomes, supportive fiscal policy, or low saving rates; lower shares may indicate higher investment or external demand.

Limitations include that it does not measure welfare directly, omits export and import content, and can be affected by price changes and fiscal reporting conventions. Data are typically published by national statistical agencies such as Statistics Sweden and international bodies following the SNA framework.