gross final consumption

USAGE SUMMARY

The phrase "gross final consumption" is correct and usable in written English.
It is typically used in economic contexts to refer to the total consumption of goods and services by households and non-profit institutions. Example: "The report highlighted the increase in gross final consumption as a key driver of economic growth in the region."

✓ Grammatically correct

Science

Formal & Business

News & Media

Human-verified examples from authoritative sources

Exact Expressions

11 human-written examples

Share of renewable energy in gross final consumption of energy 11.

Energy, Sustainability and Society

Share of renewable energy in gross final consumption of energy 23 36 60 Targets taken from [9].

Energy, Sustainability and Society

Figure 1 shows the share of energy from renewable sources in gross final consumption of energy in 2011.

Complex & Intelligent Systems

According to this Directive, Poland is obliged to obtain at least 15% of its energy from renewable sources in its gross final consumption of energy by 2020.

New Zealand Journal of Forestry Science

In Austria, the target to be reached is 34%% referring to the country's gross final consumption of energy in the heating, transport, and power sectors [14].

Energy, Sustainability and Society

According to Annex I of this Directive, Portugal shall ensure that the share of energy from renewable sources in gross final consumption of energy in 2020 is at least 31%%.

International Journal of Energy and Environmental Engineering

Human-verified similar examples from authoritative sources

Similar Expressions

49 human-written examples

Such differences occur in the case of four indicators addressing key targets of the energy transition: share of renewable energies in gross final energy consumption (SI no.10), primary energy use (SI no. 13), final energy productivity of the German economy (SI no. 18) and greenhouse gas emissions (SI no. 21).

Energy, Sustainability and Society

The rule 'sustainable use of renewable resources' is addressed by the classical indicator 'share of renewable energy in gross final energy consumption' and the new indicator 'area under cultivation of energy crops'.

Energy, Sustainability and Society

In order to achieve the national target of 20% contribution of the energy produced from RES to the gross final energy consumption, specific targets include increasing RES electricity share by 40%, RES heating and cooling share for the household sector by 20%, and RES transport share by 10%.

Journal of Economic Structures

For example, the National Accounts Statistics (NAS) provides aggregated data for most of the macroeconomics indicators such as gross domestic product (GDP), private final consumption expenditure, households' savings, government savings, corporate savings, savings of the public non-departmental enterprises and net factor income from abroad.

Journal of Economic Structures

All the institutional sectors maximize the present value of their intertemporal utility function, which can be interpreted as the well-being function (Prasad et al. 2004) depending on the final consumption expenditure and gross savings, subject to the lifetime budget constraint.

Financial Innovation

Expert writing Tips

Best practice

When discussing energy targets or sustainability, use "gross final consumption" to precisely indicate the total energy consumed, differentiating it from other metrics like primary energy consumption. This specificity strengthens the clarity and impact of your analysis.

Common error

Avoid using "gross final consumption" interchangeably with terms like "gross domestic product" or "final energy consumption". Each metric represents a distinct aspect of economic activity or energy usage, and using them incorrectly can lead to misinterpretations and inaccuracies in your analysis.

Linguistic Context

The phrase "gross final consumption" functions as a noun phrase, typically serving as the subject or object of a sentence. According to Ludwig AI, this phrase is usable in written English, often appearing in economic contexts.

Expression frequency: Uncommon

Frequent in

Science

60%

Formal & Business

20%

News & Media

20%

Less common in

Wiki

0%

Academia

0%

Encyclopedias

0%

Ludwig's WRAP-UP

In summary, "gross final consumption" is a noun phrase used to describe the total expenditure on goods and services by households, non-profit institutions, and governments. According to Ludwig AI, the phrase is grammatically correct and suitable for use in written English, typically within economic or energy-related contexts. Its register is formal and scientific, with primary usage in science, formal business, and news media. To enhance clarity, it's essential to distinguish it from similar metrics and use it precisely when discussing energy targets and sustainability. Alternatives like "total final consumption" or "overall consumption expenditure" can be used depending on the specific context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

total final consumption

Replaces "gross" with "total", emphasizing the entirety of the consumption.

overall consumption expenditure

Uses more general terms to describe the total spending on consumption.

aggregate final demand

Focuses on the demand aspect of consumption, indicating the total demand for finished goods and services.

total end-use consumption

Highlights the final stage of consumption, emphasizing the end use of goods and services.

final consumption expenditure

More explicitly refers to the spending aspect of final consumption.

domestic final consumption

Specifies that the consumption is within a particular country or region.

national final consumption

Emphasizes that consumption occurs at the national level.

total consumer spending

Focuses on the consumer aspect of consumption, referring to the total spending by consumers.

economy-wide final consumption

Highlights that final consumption refers to all the economy

end-user consumption

Highlights that the consumption refers to all users

FAQs

How is "gross final consumption" typically measured?

"Gross final consumption" is usually measured by calculating the total expenditure on goods and services by households and non-profit institutions serving households, plus general government expenditure. It's a key component of calculating a country's GDP.

What is the difference between "gross final consumption" and "primary energy consumption"?

"Gross final consumption" refers to the total energy consumed by end-users, whereas primary energy consumption measures the total energy extracted or imported into a country before any transformation. Understanding the difference is crucial for energy policy analysis.

Where can I find data on "gross final consumption" for different countries?

Data on "gross final consumption" is often available from international organizations like the World Bank, the International Energy Agency (IEA), and national statistical agencies. These sources provide comprehensive datasets for economic and energy-related indicators.

What are some alternatives to "gross final consumption"?

Depending on the context, you can use alternatives such as "total final consumption", "overall consumption expenditure", or "aggregate final demand" to convey similar meanings.