Cuba - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Cuba was $54,345,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $56,540,000,000 in 2019 and $3,107,850,000 in 1970.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

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

See also:

Year Value
1970 $3,107,850,000
1971 $3,774,219,000
1972 $4,440,618,000
1973 $5,453,186,000
1974 $6,230,605,000
1975 $7,107,769,000
1976 $7,521,367,000
1977 $7,756,427,000
1978 $9,754,974,000
1979 $10,724,540,000
1980 $10,798,990,000
1981 $10,974,350,000
1982 $11,498,260,000
1983 $12,212,790,000
1984 $13,277,760,000
1985 $11,823,370,000
1986 $13,474,820,000
1987 $14,356,160,000
1988 $15,274,500,000
1989 $15,240,870,000
1990 $15,440,260,000
1991 $14,442,730,000
1992 $13,484,220,000
1993 $13,854,520,000
1994 $19,333,090,000
1995 $21,455,870,000
1996 $14,897,000,000
1997 $15,503,100,000
1998 $16,245,600,000
1999 $17,589,500,000
2000 $18,558,100,000
2001 $19,180,000,000
2002 $19,608,200,000
2003 $20,982,900,000
2004 $21,006,900,000
2005 $22,559,500,000
2006 $29,429,900,000
2007 $30,299,400,000
2008 $29,829,500,000
2009 $29,858,000,000
2010 $32,369,000,000
2011 $36,469,000,000
2012 $39,755,000,000
2013 $41,878,000,000
2014 $44,432,000,000
2015 $48,554,000,000
2016 $51,029,000,000
2017 $54,221,000,000
2018 $55,987,000,000
2019 $56,540,000,000
2020 $54,345,000,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Cuba was 54,345,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 56,540,000,000 in 2019 and a minimum value of 3,107,850,000 in 1970.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current local currency.

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

Year Value
1970 3,107,850,000
1971 3,774,219,000
1972 4,231,909,000
1973 4,520,691,000
1974 5,109,096,000
1975 5,828,371,000
1976 6,175,042,000
1977 6,437,835,000
1978 7,511,330,000
1979 7,828,914,000
1980 7,775,269,000
1981 9,108,713,000
1982 9,773,517,000
1983 10,490,790,000
1984 11,664,520,000
1985 10,829,020,000
1986 11,229,920,000
1987 11,288,250,000
1988 11,578,070,000
1989 11,892,450,000
1990 11,611,070,000
1991 10,582,190,000
1992 9,978,322,000
1993 10,252,350,000
1994 14,306,490,000
1995 16,806,390,000
1996 14,897,000,000
1997 15,503,100,000
1998 16,245,600,000
1999 17,589,500,000
2000 18,558,100,000
2001 19,180,000,000
2002 19,608,200,000
2003 20,982,900,000
2004 21,006,900,000
2005 22,559,500,000
2006 29,429,900,000
2007 30,299,400,000
2008 29,829,500,000
2009 29,858,000,000
2010 32,369,000,000
2011 36,469,000,000
2012 39,755,000,000
2013 41,878,000,000
2014 44,432,000,000
2015 48,554,000,000
2016 51,029,000,000
2017 54,221,000,000
2018 55,987,000,000
2019 56,540,000,000
2020 54,345,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Cuba was 47,588,560,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 52,566,210,000 in 2018 and 14,461,130,000 in 1970.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1970 14,461,130,000
1971 15,700,690,000
1972 16,458,260,000
1973 17,025,600,000
1974 17,198,640,000
1975 18,821,390,000
1976 19,830,940,000
1977 21,568,230,000
1978 23,009,540,000
1979 23,289,690,000
1980 22,075,520,000
1981 26,374,980,000
1982 28,895,900,000
1983 30,536,460,000
1984 33,076,710,000
1985 32,625,280,000
1986 32,941,350,000
1987 33,581,290,000
1988 34,350,000,000
1989 34,892,390,000
1990 32,595,230,000
1991 29,257,790,000
1992 24,036,020,000
1993 21,314,320,000
1994 22,521,630,000
1995 22,852,910,000
1996 23,748,360,000
1997 24,297,530,000
1998 24,753,920,000
1999 26,019,490,000
2000 26,563,490,000
2001 27,578,770,000
2002 28,166,650,000
2003 29,913,060,000
2004 30,373,680,000
2005 30,488,560,000
2006 36,193,100,000
2007 36,742,120,000
2008 36,093,430,000
2009 36,417,070,000
2010 39,277,330,000
2011 39,827,440,000
2012 41,123,580,000
2013 43,245,660,000
2014 45,228,250,000
2015 48,554,000,000
2016 50,564,800,000
2017 51,412,700,000
2018 52,566,210,000
2019 52,116,400,000
2020 47,588,560,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Cuba was -8.69 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 19.48 in 1981 and a minimum value of -17.85 in 1992.

Definition: Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.

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

See also:

Year Value
1971 8.57
1972 4.83
1973 3.45
1974 1.02
1975 9.44
1976 5.36
1977 8.76
1978 6.68
1979 1.22
1980 -5.21
1981 19.48
1982 9.56
1983 5.68
1984 8.32
1985 -1.36
1986 0.97
1987 1.94
1988 2.29
1989 1.58
1990 -6.58
1991 -10.24
1992 -17.85
1993 -11.32
1994 5.66
1995 1.47
1996 3.92
1997 2.31
1998 1.88
1999 5.11
2000 2.09
2001 3.82
2002 2.13
2003 6.20
2004 1.54
2005 0.38
2006 18.71
2007 1.52
2008 -1.77
2009 0.90
2010 7.85
2011 1.40
2012 3.25
2013 5.16
2014 4.58
2015 7.35
2016 4.14
2017 1.68
2018 2.24
2019 -0.86
2020 -8.69

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Cuba was 30,364,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 33,540,000,000 in 2018 and a minimum value of 9,226,959,000 in 1970.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant local currency.

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

Year Value
1970 9,226,959,000
1971 10,017,860,000
1972 10,501,230,000
1973 10,863,230,000
1974 10,973,640,000
1975 12,009,030,000
1976 12,653,180,000
1977 13,761,660,000
1978 14,681,290,000
1979 14,860,040,000
1980 14,085,340,000
1981 16,828,620,000
1982 18,437,100,000
1983 19,483,860,000
1984 21,104,670,000
1985 20,816,640,000
1986 21,018,310,000
1987 21,426,620,000
1988 21,917,100,000
1989 22,263,170,000
1990 20,797,470,000
1991 18,668,000,000
1992 15,336,240,000
1993 13,599,660,000
1994 14,369,980,000
1995 14,581,360,000
1996 15,152,700,000
1997 15,503,100,000
1998 15,794,300,000
1999 16,601,800,000
2000 16,948,900,000
2001 17,596,700,000
2002 17,971,800,000
2003 19,086,100,000
2004 19,380,000,000
2005 19,453,300,000
2006 23,093,100,000
2007 23,443,400,000
2008 23,029,500,000
2009 23,236,000,000
2010 25,061,000,000
2011 25,412,000,000
2012 26,239,000,000
2013 27,593,000,000
2014 28,858,000,000
2015 30,980,000,000
2016 32,263,000,000
2017 32,804,000,000
2018 33,540,000,000
2019 33,253,000,000
2020 30,364,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Cuba was 50.62 as of 2020. Its highest value over the past 50 years was 70.51 in 1995, while its lowest value was 48.10 in 2009.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also 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
1970 54.59
1971 54.58
1972 54.59
1973 54.60
1974 54.63
1975 54.56
1976 54.54
1977 54.60
1978 54.67
1979 54.76
1980 54.23
1981 54.46
1982 54.88
1983 55.00
1984 55.23
1985 51.58
1986 55.62
1987 56.94
1988 55.63
1989 56.40
1990 53.90
1991 59.39
1992 61.05
1993 61.94
1994 67.96
1995 70.51
1996 59.55
1997 61.12
1998 63.12
1999 62.01
2000 60.72
2001 60.54
2002 58.37
2003 58.45
2004 54.99
2005 52.90
2006 55.80
2007 51.70
2008 49.06
2009 48.10
2010 50.32
2011 52.86
2012 54.35
2013 54.28
2014 55.09
2015 55.72
2016 55.85
2017 55.98
2018 55.96
2019 54.67
2020 50.62

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts