Hong Kong SAR, China - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Hong Kong SAR, China was $230,533,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $251,846,000,000 in 2019 and $933,506,600 in 1960.

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
1960 $933,506,600
1961 $1,069,453,000
1962 $1,195,293,000
1963 $1,319,463,000
1964 $1,456,067,000
1965 $1,543,106,000
1966 $1,747,703,000
1967 $1,863,593,000
1968 $1,950,831,000
1969 $2,202,475,000
1970 $2,517,395,000
1971 $2,963,143,000
1972 $3,616,833,000
1973 $5,268,824,000
1974 $6,121,313,000
1975 $6,578,052,000
1976 $7,531,806,000
1977 $9,646,289,000
1978 $11,823,560,000
1979 $13,642,830,000
1980 $17,329,430,000
1981 $18,557,240,000
1982 $19,766,390,000
1983 $19,180,750,000
1984 $20,374,520,000
1985 $21,939,210,000
1986 $24,844,620,000
1987 $28,975,550,000
1988 $33,798,620,000
1989 $38,305,490,000
1990 $44,199,080,000
1991 $52,620,060,000
1992 $61,519,390,000
1993 $70,440,300,000
1994 $81,380,880,000
1995 $89,921,140,000
1996 $98,290,080,000
1997 $108,386,000,000
1998 $103,756,000,000
1999 $99,864,770,000
2000 $100,668,000,000
2001 $100,989,000,000
2002 $96,526,570,000
2003 $92,844,430,000
2004 $99,055,340,000
2005 $104,362,000,000
2006 $111,832,000,000
2007 $125,922,000,000
2008 $131,823,000,000
2009 $130,759,000,000
2010 $140,328,000,000
2011 $157,297,000,000
2012 $169,533,000,000
2013 $182,189,000,000
2014 $193,803,000,000
2015 $205,512,000,000
2016 $212,558,000,000
2017 $228,937,000,000
2018 $247,001,000,000
2019 $251,846,000,000
2020 $230,533,000,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Hong Kong SAR, China was 1,788,290,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,973,440,000,000 in 2019 and a minimum value of 5,029,547,000 in 1960.

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
1960 5,029,547,000
1961 5,762,000,000
1962 6,440,000,000
1963 7,109,000,000
1964 7,845,000,000
1965 8,842,000,000
1966 10,025,000,000
1967 10,711,000,000
1968 11,871,000,000
1969 13,421,000,000
1970 15,304,000,000
1971 17,663,000,000
1972 20,404,000,000
1973 27,116,000,000
1974 30,800,000,000
1975 32,464,000,000
1976 36,942,000,000
1977 44,971,000,000
1978 55,378,000,000
1979 68,251,000,000
1980 86,233,000,000
1981 103,722,000,000
1982 119,980,000,000
1983 139,352,000,000
1984 159,288,000,000
1985 170,924,000,000
1986 193,870,000,000
1987 225,960,000,000
1988 263,832,000,000
1989 298,779,000,000
1990 344,302,000,000
1991 408,921,000,000
1992 476,197,000,000
1993 544,898,000,000
1994 628,944,000,000
1995 695,612,000,000
1996 760,205,000,000
1997 839,136,000,000
1998 803,619,000,000
1999 774,701,000,000
2000 784,323,000,000
2001 787,594,000,000
2002 752,801,000,000
2003 722,961,000,000
2004 771,443,000,000
2005 811,654,000,000
2006 868,691,000,000
2007 982,368,000,000
2008 1,026,480,000,000
2009 1,013,620,000,000
2010 1,090,230,000,000
2011 1,224,400,000,000
2012 1,314,970,000,000
2013 1,413,060,000,000
2014 1,502,770,000,000
2015 1,593,090,000,000
2016 1,649,940,000,000
2017 1,784,150,000,000
2018 1,936,120,000,000
2019 1,973,440,000,000
2020 1,788,290,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Hong Kong SAR, China was 208,052,000,000 as of 2020. Over the past 59 years, the value for this indicator has fluctuated between 232,820,000,000 in 2018 and 7,006,204,000 in 1961.

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
1961 7,006,204,000
1962 7,757,208,000
1963 8,516,403,000
1964 9,273,492,000
1965 10,482,210,000
1966 11,757,640,000
1967 11,923,250,000
1968 13,118,160,000
1969 14,249,050,000
1970 15,748,720,000
1971 17,775,150,000
1972 19,124,430,000
1973 21,645,330,000
1974 21,255,490,000
1975 22,044,530,000
1976 23,706,170,000
1977 27,669,620,000
1978 32,395,190,000
1979 35,456,910,000
1980 39,772,860,000
1981 42,797,010,000
1982 45,036,560,000
1983 48,515,140,000
1984 51,354,720,000
1985 53,589,120,000
1986 58,185,260,000
1987 64,380,770,000
1988 70,413,610,000
1989 73,108,420,000
1990 77,686,420,000
1991 84,878,930,000
1992 92,163,100,000
1993 99,394,710,000
1994 105,854,000,000
1995 107,579,000,000
1996 111,586,000,000
1997 117,768,000,000
1998 111,295,000,000
1999 112,458,000,000
2000 117,536,000,000
2001 119,182,000,000
2002 117,935,000,000
2003 116,099,000,000
2004 124,373,000,000
2005 128,781,000,000
2006 136,631,000,000
2007 148,447,000,000
2008 151,266,000,000
2009 151,537,000,000
2010 160,802,000,000
2011 174,298,000,000
2012 181,449,000,000
2013 189,832,000,000
2014 196,172,000,000
2015 205,512,000,000
2016 209,614,000,000
2017 221,122,000,000
2018 232,820,000,000
2019 230,958,000,000
2020 208,052,000,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Hong Kong SAR, China was -9.92 as of 2020. As the graph below shows, over the past 58 years this indicator reached a maximum value of 17.08 in 1978 and a minimum value of -9.92 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
1962 10.72
1963 9.79
1964 8.89
1965 13.03
1966 12.17
1967 1.41
1968 10.02
1969 8.62
1970 10.52
1971 12.87
1972 7.59
1973 13.18
1974 -1.80
1975 3.71
1976 7.54
1977 16.72
1978 17.08
1979 9.45
1980 12.17
1981 7.60
1982 5.23
1983 7.72
1984 5.85
1985 4.35
1986 8.58
1987 10.65
1988 9.37
1989 3.83
1990 6.26
1991 9.26
1992 8.58
1993 7.85
1994 6.50
1995 1.63
1996 3.72
1997 5.54
1998 -5.50
1999 1.05
2000 4.52
2001 1.40
2002 -1.05
2003 -1.56
2004 7.13
2005 3.54
2006 6.10
2007 8.65
2008 1.90
2009 0.18
2010 6.11
2011 8.39
2012 4.10
2013 4.62
2014 3.34
2015 4.76
2016 2.00
2017 5.49
2018 5.29
2019 -0.80
2020 -9.92

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Hong Kong SAR, China was 1,777,710,000,000 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 1,989,350,000,000 in 2018 and a minimum value of 59,865,000,000 in 1961.

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
1961 59,865,000,000
1962 66,282,000,000
1963 72,769,000,000
1964 79,238,000,000
1965 89,566,000,000
1966 100,464,000,000
1967 101,879,000,000
1968 112,089,000,000
1969 121,752,000,000
1970 134,566,000,000
1971 151,881,000,000
1972 163,410,000,000
1973 184,950,000,000
1974 181,619,000,000
1975 188,361,000,000
1976 202,559,000,000
1977 236,425,000,000
1978 276,803,000,000
1979 302,964,000,000
1980 339,842,000,000
1981 365,682,000,000
1982 384,818,000,000
1983 414,541,000,000
1984 438,804,000,000
1985 457,896,000,000
1986 497,168,000,000
1987 550,106,000,000
1988 601,654,000,000
1989 624,680,000,000
1990 663,797,000,000
1991 725,254,000,000
1992 787,494,000,000
1993 849,285,000,000
1994 904,478,000,000
1995 919,213,000,000
1996 953,453,000,000
1997 1,006,270,000,000
1998 950,964,000,000
1999 960,906,000,000
2000 1,004,300,000,000
2001 1,018,360,000,000
2002 1,007,710,000,000
2003 992,013,000,000
2004 1,062,720,000,000
2005 1,100,380,000,000
2006 1,167,450,000,000
2007 1,268,410,000,000
2008 1,292,510,000,000
2009 1,294,820,000,000
2010 1,373,990,000,000
2011 1,489,300,000,000
2012 1,550,400,000,000
2013 1,622,030,000,000
2014 1,676,200,000,000
2015 1,756,020,000,000
2016 1,791,060,000,000
2017 1,889,390,000,000
2018 1,989,350,000,000
2019 1,973,440,000,000
2020 1,777,710,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Hong Kong SAR, China was 286,391,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 312,974,000,000 in 2019 and 65,429,240,000 in 1990.

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
1990 65,429,240,000
1991 72,868,750,000
1992 79,731,280,000
1993 86,327,760,000
1994 94,025,420,000
1995 98,012,550,000
1996 103,743,000,000
1997 110,791,000,000
1998 104,700,000,000
1999 107,449,000,000
2000 116,760,000,000
2001 122,593,000,000
2002 122,696,000,000
2003 123,818,000,000
2004 136,032,000,000
2005 146,766,000,000
2006 158,967,000,000
2007 181,210,000,000
2008 188,505,000,000
2009 184,412,000,000
2010 197,085,000,000
2011 216,824,000,000
2012 230,076,000,000
2013 234,179,000,000
2014 241,685,000,000
2015 256,983,000,000
2016 262,178,000,000
2017 285,828,000,000
2018 310,285,000,000
2019 312,974,000,000
2020 286,391,000,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Hong Kong SAR, China was 268,933,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 300,950,000,000 in 2018 and 100,420,000,000 in 1990.

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
1990 100,420,000,000
1991 109,717,000,000
1992 119,132,000,000
1993 128,480,000,000
1994 136,830,000,000
1995 139,059,000,000
1996 144,239,000,000
1997 152,229,000,000
1998 143,862,000,000
1999 145,366,000,000
2000 151,931,000,000
2001 154,058,000,000
2002 152,446,000,000
2003 150,072,000,000
2004 160,768,000,000
2005 166,465,000,000
2006 176,612,000,000
2007 191,886,000,000
2008 195,531,000,000
2009 195,881,000,000
2010 207,857,000,000
2011 225,302,000,000
2012 234,546,000,000
2013 245,382,000,000
2014 253,577,000,000
2015 265,651,000,000
2016 270,952,000,000
2017 285,828,000,000
2018 300,950,000,000
2019 298,543,000,000
2020 268,933,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Hong Kong SAR, China was 66.52 as of 2020. Its highest value over the past 60 years was 77.29 in 1961, while its lowest value was 55.68 in 1989.

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
1960 70.68
1961 77.29
1962 74.13
1963 68.18
1964 65.99
1965 63.37
1966 70.19
1967 69.21
1968 71.80
1969 69.05
1970 66.23
1971 66.20
1972 63.34
1973 65.61
1974 65.20
1975 65.47
1976 58.49
1977 61.37
1978 64.56
1979 60.56
1980 60.04
1981 59.76
1982 61.21
1983 64.13
1984 60.80
1985 61.46
1986 60.49
1987 57.24
1988 56.61
1989 55.68
1990 57.45
1991 59.15
1992 59.00
1993 58.53
1994 59.92
1995 62.16
1996 61.54
1997 61.11
1998 61.44
1999 60.24
2000 58.64
2001 59.61
2002 58.03
2003 57.53
2004 58.58
2005 57.48
2006 57.78
2007 59.51
2008 60.12
2009 61.09
2010 61.38
2011 63.30
2012 64.55
2013 66.08
2014 66.49
2015 66.43
2016 66.25
2017 67.09
2018 68.29
2019 69.38
2020 66.52

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts