View source for Finance:Classification of Individual Consumption by Purpose

'''Classification of Individual Consumption according to Purpose''' ('''COICOP''') is a Reference Classification published by the United Nations Statistics Division that divides the purpose of individual consumption expenditures incurred by three institutional sectors, namely [[Social:Household|household]]s, non-profit institutions serving households, and [[Earth:Central government|general government]]. 
Categories in COICOP generally correspond to categories in the UN's CPC. Division 13 of COICOP corresponds to Classification of the Purposes of Non-Profit Institutions Serving Households (COPNI); Division 14 of COICOP corresponds to Classification of the Functions of Government (COFOG).

The classification units are [[Finance:Financial transaction|transaction]]s.

==Structure==
===Structure levels===
*Structure Level 1: Divisions (two-digit)
*Structure Level 2: Groups (three-digit)
*Structure Level 3: Classes (four-digit)

===Detailed structure===
:01-12 - Individual consumption expenditure of households
:01 - Food and non-alcoholic beverages
:02 - Alcoholic beverages, tobacco and narcotics
:03 - Clothing and footwear
:04 - [[Engineering:House|Housing]], [[Chemistry:Water|water]], [[Physics:Electricity|electricity]], [[Physics:Gas|gas]] and other fuels
:05 - Furnishings, household equipment and routine household maintenance
:06 - Health
:07 - Transport
:08 - [[Biology:Communication|Communication]]
:09 - Recreation and [[Social:Culture|culture]]
:10 - Education
:11 - [[Finance:Restaurant|Restaurant]]s and [[Social:Hotel|hotel]]s
:12 - Miscellaneous goods and services
:13 - Individual consumption expenditure of non-profit institutions serving households (NPISHs)
:14 - Individual consumption expenditure of general government

==External links==
*[http://unstats.un.org/unsd/default.htm United Nations Statistics Division]
*[http://unstats.un.org/unsd/cr/registry/regcst.asp?Cl=5 Classification of Individual Consumption by Purpose].

[[Category:Economic taxonomy]]


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