Georgia - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Georgia was $15,123,280,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $16,128,790,000 in 2014 and $2,570,076,000 in 1999.

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
1990 $5,996,041,000
1991 $4,768,212,000
1992 $3,480,089,000
1993 $3,210,681,000
1994 $3,738,423,000
1995 $3,038,314,000
1996 $3,497,743,000
1997 $3,938,811,000
1998 $3,440,219,000
1999 $2,570,076,000
2000 $3,028,480,000
2001 $2,869,121,000
2002 $2,974,832,000
2003 $3,529,617,000
2004 $4,541,267,000
2005 $5,608,926,000
2006 $7,532,858,000
2007 $9,777,073,000
2008 $13,420,710,000
2009 $11,619,990,000
2010 $11,810,690,000
2011 $14,498,250,000
2012 $15,339,790,000
2013 $15,671,220,000
2014 $16,128,790,000
2015 $13,570,660,000
2016 $12,881,730,000
2017 $13,594,460,000
2018 $14,522,430,000
2019 $14,622,080,000
2020 $15,123,280,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Georgia was 47,018,270,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 47,018,270,000 in 2020 and a minimum value of 7,800 in 1980.

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
1980 7,800
1981 8,300
1982 8,500
1983 8,600
1984 9,100
1985 9,700
1986 9,700
1987 10,000
1988 10,700
1989 10,700
1990 11,600
1991 14,400
1992 140,700
1993 19,489,700
1994 1,341,827,000
1995 2,743,331,000
1996 4,371,987,000
1997 5,110,607,000
1998 4,781,273,000
1999 5,203,161,000
2000 5,985,791,000
2001 5,947,688,000
2002 6,531,838,000
2003 7,573,500,000
2004 8,704,700,000
2005 10,167,300,000
2006 13,411,500,000
2007 16,332,600,000
2008 20,007,600,000
2009 19,411,200,000
2010 21,050,200,000
2011 24,451,300,000
2012 25,330,600,000
2013 26,067,500,000
2014 28,478,600,000
2015 30,795,900,000
2016 30,487,200,000
2017 34,115,300,000
2018 36,801,300,000
2019 41,206,470,000
2020 47,018,270,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Georgia was 17,056,960,000 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 17,056,960,000 in 2020 and 10,751,070,000 in 2010.

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
2010 10,751,070,000
2011 11,505,660,000
2012 11,971,660,000
2013 12,298,200,000
2014 13,064,160,000
2015 13,570,660,000
2016 13,156,350,000
2017 13,978,800,000
2018 14,694,050,000
2019 15,718,910,000
2020 17,056,960,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Georgia was 8.51 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 8.51 in 2020 and a minimum value of -3.05 in 2016.

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
2011 7.02
2012 4.05
2013 2.73
2014 6.23
2015 3.88
2016 -3.05
2017 6.25
2018 5.12
2019 6.97
2020 8.51

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Georgia was 38,707,360,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 38,707,360,000 in 2020 and a minimum value of 24,397,400,000 in 2010.

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
2010 24,397,400,000
2011 26,109,800,000
2012 27,167,300,000
2013 27,908,300,000
2014 29,646,500,000
2015 30,795,900,000
2016 29,855,700,000
2017 31,722,100,000
2018 33,345,200,000
2019 35,670,920,000
2020 38,707,360,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Georgia was 95.44 as of 2020. Its highest value over the past 40 years was 148.71 in 1994, while its lowest value was 65.00 in 1984.

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
1980 69.03
1981 67.48
1982 65.38
1983 65.15
1984 65.00
1985 69.29
1986 70.80
1987 70.42
1988 73.29
1989 74.31
1990 77.33
1991 75.00
1992 94.30
1993 118.86
1994 148.71
1995 112.79
1996 113.02
1997 112.20
1998 95.20
1999 91.79
2000 99.05
2001 89.12
2002 87.61
2003 88.43
2004 88.60
2005 87.49
2006 97.26
2007 96.11
2008 104.89
2009 107.92
2010 96.46
2011 95.97
2012 93.03
2013 91.17
2014 91.50
2015 90.75
2016 85.07
2017 83.69
2018 82.52
2019 83.66
2020 95.44

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts