Classification of individual consumption according to purpose (COICOP) in Rwanda

Answer 1

The Classification of Individual Consumption According to Purpose (COICOP) is a framework used to classify and categorize consumer expenditures based on their purpose. In Rwanda, the COICOP classification system is used to categorize individual consumption according to purpose. The COICOP categories include the following:

1. Food and non-alcoholic beverages: This category includes expenditures on food products, non-alcoholic beverages, and other related items.

2. Alcoholic beverages, tobacco, and narcotics: This category includes expenditures on alcoholic beverages, tobacco products, and narcotics.

3. Clothing and footwear: This category includes expenditures on clothing, footwear, and related accessories.

4. Housing, water, electricity, gas, and other fuels: This category includes expenditures on housing, including rent, maintenance, and utilities such as water, electricity, gas, and other fuels.

5. Furnishings, household equipment, and routine household maintenance: This category includes expenditures on furniture, appliances, household equipment, and routine maintenance.

6. Health: This category includes expenditures on medical services, pharmaceutical products, and other health-related items.

7. Transport: This category includes expenditures on transport services, fuel, and maintenance of vehicles.

8. Communication: This category includes expenditures on communication services such as telephone and internet services.

9. Recreation and culture: This category includes expenditures on recreational activities, cultural events, and related goods and services.

10. Education: This category includes expenditures on education, including tuition fees, textbooks, and school supplies.

11. Restaurants and hotels: This category includes expenditures on meals and services in restaurants and hotels.

12. Miscellaneous goods and services: This category includes expenditures on other goods and services not included in the previous categories, such as personal care products, personal effects, and other miscellaneous items.

By classifying individual consumption according to purpose using the COICOP framework, policymakers and analysts can better understand consumer spending patterns, track changes over time, and develop targeted policies and interventions to address specific needs and challenges.