Regional

The Pacific Classification of Individual Consumption According to Purpose 2020 (PACCOICOP 2020) is a regional classification of goods and services purchased by individuals and households in PICTs. It has been derived from the United Nations (UNs) Classification of Individual Consumption According to Purpose (COICOP) 2018. The only difference between the two is the inclusion of the non-consumption expenditure in the PACCOICOP as supplementary information. PACCOICOP 2020 is a tool that will enable comparison of household expenditure data regionally and internationally.