Guinea - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Guinea was $8,693,713,000 as of 2020. Over the past 34 years, the value for this indicator has fluctuated between $9,669,238,000 in 2019 and $1,408,910,000 in 1986.

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
1986 $1,408,910,000
1987 $1,447,184,000
1988 $1,810,508,000
1989 $1,697,970,000
1990 $1,783,700,000
1991 $2,047,823,000
1992 $2,343,194,000
1993 $2,345,670,000
1994 $2,512,239,000
1995 $2,751,087,000
1996 $2,974,565,000
1997 $2,833,424,000
1998 $2,857,229,000
1999 $2,685,513,000
2000 $2,302,744,000
2001 $2,196,026,000
2002 $2,353,158,000
2003 $2,392,952,000
2004 $2,672,585,000
2005 $2,167,641,000
2006 $3,805,712,000
2007 $5,855,302,000
2008 $6,142,049,000
2009 $6,245,068,000
2010 $5,449,437,000
2011 $5,500,830,000
2012 $6,057,849,000
2013 $7,078,158,000
2014 $7,214,459,000
2015 $7,492,955,000
2016 $7,137,523,000
2017 $7,637,326,000
2018 $8,672,030,000
2019 $9,669,238,000
2020 $8,693,713,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Guinea was 83,156,200,000,000 as of 2020. As the graph below shows, over the past 34 years this indicator reached a maximum value of 88,801,100,000,000 in 2019 and a minimum value of 469,805,000,000 in 1986.

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
1986 469,805,000,000
1987 619,977,000,000
1988 858,898,000,000
1989 1,004,600,000,000
1990 1,177,540,000,000
1991 1,543,770,000,000
1992 2,113,560,000,000
1993 2,241,270,000,000
1994 2,453,540,000,000
1995 2,727,460,000,000
1996 2,986,510,000,000
1997 3,103,520,000,000
1998 3,533,910,000,000
1999 3,725,880,000,000
2000 4,022,590,000,000
2001 4,283,480,000,000
2002 4,649,470,000,000
2003 4,749,850,000,000
2004 5,997,100,000,000
2005 7,899,610,000,000
2006 19,594,700,000,000
2007 24,579,100,000,000
2008 28,263,800,000,000
2009 29,983,100,000,000
2010 31,203,900,000,000
2011 36,624,700,000,000
2012 42,319,100,000,000
2013 48,895,100,000,000
2014 50,603,100,000,000
2015 56,088,600,000,000
2016 64,008,800,000,000
2017 69,410,500,000,000
2018 78,144,800,000,000
2019 88,801,100,000,000
2020 83,156,200,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Guinea was 7,016,699,000 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between 8,689,243,000 in 2019 and 5,752,260,000 in 2006.

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
2006 5,752,260,000
2007 6,114,130,000
2008 5,927,822,000
2009 5,919,526,000
2010 5,796,675,000
2011 6,031,712,000
2012 6,519,804,000
2013 7,129,926,000
2014 6,998,377,000
2015 7,492,955,000
2016 8,015,143,000
2017 8,094,931,000
2018 8,378,729,000
2019 8,689,243,000
2020 7,016,699,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Guinea was -19.25 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 9.36 in 2013 and a minimum value of -19.25 in 2020.

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
2007 6.29
2008 -3.05
2009 -0.14
2010 -2.08
2011 4.05
2012 8.09
2013 9.36
2014 -1.85
2015 7.07
2016 6.97
2017 1.00
2018 3.51
2019 3.71
2020 -19.25

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Guinea was 37,771,300,000,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 46,774,700,000,000 in 2019 and a minimum value of 30,964,800,000,000 in 2006.

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
2006 30,964,800,000,000
2007 32,912,700,000,000
2008 31,909,800,000,000
2009 31,865,200,000,000
2010 31,203,900,000,000
2011 32,469,100,000,000
2012 35,096,500,000,000
2013 38,380,800,000,000
2014 37,672,700,000,000
2015 40,335,000,000,000
2016 43,146,000,000,000
2017 43,575,500,000,000
2018 45,103,200,000,000
2019 46,774,700,000,000
2020 37,771,300,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Guinea was 20,544,240,000 as of 2020. Over the past 16 years, the value for this indicator has fluctuated between 23,969,090,000 in 2019 and 10,660,570,000 in 2004.

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 converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2004 10,660,570,000
2005 11,051,670,000
2006 14,408,440,000
2007 15,730,160,000
2008 15,262,370,000
2009 15,411,280,000
2010 14,118,760,000
2011 14,087,010,000
2012 15,433,520,000
2013 16,560,000,000
2014 16,599,180,000
2015 17,910,540,000
2016 20,299,140,000
2017 21,596,390,000
2018 22,679,410,000
2019 23,969,090,000
2020 20,544,240,000

Household final consumption expenditure, PPP (constant 2011 international $)

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Guinea was 18,719,780,000 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between 23,181,940,000 in 2019 and 15,346,400,000 in 2006.

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 converted to constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2006 15,346,400,000
2007 16,311,830,000
2008 15,814,780,000
2009 15,792,650,000
2010 15,464,890,000
2011 16,091,950,000
2012 17,394,120,000
2013 19,021,860,000
2014 18,670,900,000
2015 19,990,380,000
2016 21,383,520,000
2017 21,596,390,000
2018 22,353,530,000
2019 23,181,940,000
2020 18,719,780,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Guinea was 55.44 as of 2020. Its highest value over the past 34 years was 93.21 in 2007, while its lowest value was 55.44 in 2020.

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
1986 70.62
1987 70.89
1988 75.93
1989 69.82
1990 66.89
1991 67.92
1992 71.34
1993 71.53
1994 74.26
1995 74.48
1996 76.88
1997 74.89
1998 79.62
1999 77.59
2000 76.88
2001 77.61
2002 79.76
2003 69.43
2004 73.51
2005 73.80
2006 90.18
2007 93.21
2008 88.19
2009 92.98
2010 79.51
2011 81.07
2012 79.31
2013 84.50
2014 82.18
2015 85.20
2016 83.03
2017 73.97
2018 73.14
2019 71.55
2020 55.44

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts