Colombia - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Colombia was $237,780,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $305,708,000,000 in 2014 and $3,201,465,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $3,201,465,000
1961 $3,671,668,000
1962 $4,057,910,000
1963 $3,995,653,000
1964 $4,979,916,000
1965 $4,772,762,000
1966 $4,630,889,000
1967 $4,784,272,000
1968 $4,884,266,000
1969 $5,327,364,000
1970 $5,834,408,000
1971 $6,618,774,000
1972 $7,059,913,000
1973 $8,197,924,000
1974 $9,850,815,000
1975 $10,636,330,000
1976 $12,163,600,000
1977 $15,105,780,000
1978 $18,352,190,000
1979 $22,374,030,000
1980 $26,824,290,000
1981 $30,181,580,000
1982 $32,651,690,000
1983 $32,102,210,000
1984 $31,219,980,000
1985 $27,802,700,000
1986 $26,261,020,000
1987 $27,632,340,000
1988 $29,637,130,000
1989 $29,987,490,000
1990 $36,574,770,000
1991 $37,489,180,000
1992 $46,746,860,000
1993 $53,733,110,000
1994 $65,675,210,000
1995 $74,589,540,000
1996 $81,123,100,000
1997 $90,650,170,000
1998 $84,825,170,000
1999 $74,616,520,000
2000 $85,843,710,000
2001 $85,537,120,000
2002 $84,346,100,000
2003 $80,145,880,000
2004 $97,038,250,000
2005 $119,152,000,000
2006 $131,307,000,000
2007 $166,550,000,000
2008 $191,879,000,000
2009 $186,661,000,000
2010 $228,374,000,000
2011 $260,994,000,000
2012 $293,429,000,000
2013 $304,284,000,000
2014 $305,708,000,000
2015 $244,431,000,000
2016 $236,444,000,000
2017 $260,089,000,000
2018 $279,189,000,000
2019 $272,675,000,000
2020 $237,780,000,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Colombia was 878,562,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 894,601,000,000,000 in 2019 and a minimum value of 21,241,720,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 21,241,720,000
1961 24,600,170,000
1962 28,004,450,000
1963 35,960,880,000
1964 44,819,250,000
1965 50,114,000,000
1966 62,517,000,000
1967 69,404,000,000
1968 79,573,000,000
1969 92,279,000,000
1970 107,611,000,000
1971 131,934,000,000
1972 154,377,000,000
1973 193,239,000,000
1974 256,729,000,000
1975 328,955,000,000
1976 422,016,000,000
1977 555,503,000,000
1978 717,479,000,000
1979 951,977,000,000
1980 1,268,210,000,000
1981 1,644,570,000,000
1982 2,092,510,000,000
1983 2,531,500,000,000
1984 3,147,520,000,000
1985 3,956,650,000,000
1986 5,101,490,000,000
1987 6,703,790,000,000
1988 8,866,640,000,000
1989 11,472,200,000,000
1990 18,370,000,000,000
1991 23,732,500,000,000
1992 31,792,500,000,000
1993 42,270,200,000,000
1994 54,284,500,000,000
1995 68,084,100,000,000
1996 84,088,200,000,000
1997 103,439,000,000,000
1998 121,049,000,000,000
1999 131,219,000,000,000
2000 179,214,000,000,000
2001 196,704,000,000,000
2002 211,223,000,000,000
2003 230,632,000,000,000
2004 255,076,000,000,000
2005 276,532,000,000,000
2006 310,035,000,000,000
2007 346,140,000,000,000
2008 377,562,000,000,000
2009 402,862,000,000,000
2010 433,584,000,000,000
2011 482,354,000,000,000
2012 527,261,000,000,000
2013 568,641,000,000,000
2014 611,960,000,000,000
2015 670,201,000,000,000
2016 722,130,000,000,000
2017 767,608,000,000,000
2018 825,199,000,000,000
2019 894,601,000,000,000
2020 878,562,000,000,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Colombia was 264,687,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 275,369,000,000 in 2019 and 24,061,120,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 24,061,120,000
1961 25,674,890,000
1962 27,683,820,000
1963 29,053,090,000
1964 31,649,260,000
1965 31,242,940,000
1966 33,358,350,000
1967 34,084,490,000
1968 36,230,510,000
1969 38,861,440,000
1970 41,446,960,000
1971 45,448,900,000
1972 47,491,740,000
1973 50,083,680,000
1974 52,609,630,000
1975 54,128,390,000
1976 57,714,190,000
1977 60,088,270,000
1978 65,184,110,000
1979 68,565,050,000
1980 72,246,120,000
1981 74,423,890,000
1982 75,817,270,000
1983 76,057,350,000
1984 78,356,720,000
1985 80,090,550,000
1986 82,488,980,000
1987 85,796,030,000
1988 89,691,000,000
1989 92,883,870,000
1990 95,694,980,000
1991 97,424,370,000
1992 101,426,000,000
1993 107,204,000,000
1994 115,031,000,000
1995 121,669,000,000
1996 128,024,000,000
1997 134,781,000,000
1998 134,606,000,000
1999 130,281,000,000
2000 132,115,000,000
2001 134,328,000,000
2002 136,358,000,000
2003 140,085,000,000
2004 146,150,000,000
2005 152,843,000,000
2006 162,277,000,000
2007 172,360,000,000
2008 179,624,000,000
2009 183,602,000,000
2010 192,934,000,000
2011 203,872,000,000
2012 215,069,000,000
2013 226,584,000,000
2014 236,383,000,000
2015 244,431,000,000
2016 248,406,000,000
2017 254,195,000,000
2018 264,289,000,000
2019 275,369,000,000
2020 264,687,000,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Colombia was -3.88 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 9.66 in 1971 and a minimum value of -3.88 in 2020.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 6.71
1962 7.82
1963 4.95
1964 8.94
1965 -1.28
1966 6.77
1967 2.18
1968 6.30
1969 7.26
1970 6.65
1971 9.66
1972 4.49
1973 5.46
1974 5.04
1975 2.89
1976 6.62
1977 4.11
1978 8.48
1979 5.19
1980 5.37
1981 3.01
1982 1.87
1983 0.32
1984 3.02
1985 2.21
1986 2.99
1987 4.01
1988 4.54
1989 3.56
1990 3.03
1991 1.81
1992 4.11
1993 5.70
1994 7.30
1995 5.77
1996 5.22
1997 5.28
1998 -0.13
1999 -3.21
2000 1.41
2001 1.67
2002 1.51
2003 2.73
2004 4.33
2005 4.58
2006 6.17
2007 6.21
2008 4.21
2009 2.21
2010 5.08
2011 5.67
2012 5.49
2013 5.35
2014 4.32
2015 3.40
2016 1.63
2017 2.33
2018 3.97
2019 4.19
2020 -3.88

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Colombia was 725,740,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 755,028,000,000,000 in 2019 and a minimum value of 65,972,700,000,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 65,972,700,000,000
1961 70,397,500,000,000
1962 75,905,700,000,000
1963 79,660,100,000,000
1964 86,778,500,000,000
1965 85,664,400,000,000
1966 91,464,600,000,000
1967 93,455,600,000,000
1968 99,339,700,000,000
1969 106,553,000,000,000
1970 113,643,000,000,000
1971 124,615,000,000,000
1972 130,217,000,000,000
1973 137,323,000,000,000
1974 144,249,000,000,000
1975 148,414,000,000,000
1976 158,245,000,000,000
1977 164,755,000,000,000
1978 178,727,000,000,000
1979 187,997,000,000,000
1980 198,090,000,000,000
1981 204,061,000,000,000
1982 207,882,000,000,000
1983 208,540,000,000,000
1984 214,845,000,000,000
1985 219,599,000,000,000
1986 226,175,000,000,000
1987 235,242,000,000,000
1988 245,922,000,000,000
1989 254,677,000,000,000
1990 262,384,000,000,000
1991 267,126,000,000,000
1992 278,099,000,000,000
1993 293,941,000,000,000
1994 315,403,000,000,000
1995 333,602,000,000,000
1996 351,028,000,000,000
1997 369,554,000,000,000
1998 369,074,000,000,000
1999 357,214,000,000,000
2000 362,243,000,000,000
2001 368,310,000,000,000
2002 373,877,000,000,000
2003 384,097,000,000,000
2004 400,725,000,000,000
2005 419,077,000,000,000
2006 444,943,000,000,000
2007 472,591,000,000,000
2008 492,507,000,000,000
2009 503,416,000,000,000
2010 529,002,000,000,000
2011 558,993,000,000,000
2012 589,694,000,000,000
2013 621,266,000,000,000
2014 648,134,000,000,000
2015 670,201,000,000,000
2016 681,101,000,000,000
2017 696,973,000,000,000
2018 724,648,000,000,000
2019 755,028,000,000,000
2020 725,740,000,000,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Colombia was 87.60 as of 2020. Its highest value over the past 60 years was 87.60 in 2020, while its lowest value was 75.15 in 1986.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 79.42
1961 80.87
1962 81.89
1963 82.62
1964 83.37
1965 82.85
1966 85.31
1967 82.13
1968 81.95
1969 82.59
1970 81.05
1971 84.63
1972 81.42
1973 79.47
1974 79.63
1975 81.20
1976 79.29
1977 77.58
1978 78.89
1979 80.08
1980 80.31
1981 82.94
1982 83.79
1983 82.89
1984 81.61
1985 79.68
1986 75.15
1987 75.97
1988 75.58
1989 75.84
1990 76.45
1991 76.24
1992 80.02
1993 80.87
1994 80.38
1995 80.63
1996 83.49
1997 84.99
1998 86.17
1999 86.58
2000 85.94
2001 87.09
2002 86.10
2003 84.68
2004 82.88
2005 81.82
2006 81.25
2007 80.78
2008 79.23
2009 80.32
2010 79.69
2011 77.92
2012 79.11
2013 79.63
2014 80.21
2015 83.29
2016 83.60
2017 83.39
2018 83.54
2019 84.31
2020 87.60

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts