Singapore - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Singapore was $112,231,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $133,445,000,000 in 2019 and $630,243,100 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 $630,243,100
1961 $691,591,600
1962 $720,207,700
1963 $763,426,100
1964 $734,711,900
1965 $768,456,800
1966 $839,540,000
1967 $937,181,500
1968 $1,044,558,000
1969 $1,130,831,000
1970 $1,289,560,000
1971 $1,491,017,000
1972 $1,675,419,000
1973 $2,275,378,000
1974 $3,157,606,000
1975 $3,384,710,000
1976 $3,683,887,000
1977 $3,799,215,000
1978 $4,209,355,000
1979 $5,027,221,000
1980 $6,007,450,000
1981 $6,793,247,000
1982 $7,357,647,000
1983 $7,774,813,000
1984 $8,598,248,000
1985 $8,572,969,000
1986 $8,657,879,000
1987 $9,859,236,000
1988 $11,788,130,000
1989 $13,961,290,000
1990 $16,113,110,000
1991 $19,660,380,000
1992 $22,587,540,000
1993 $26,436,940,000
1994 $31,663,810,000
1995 $35,887,260,000
1996 $38,924,400,000
1997 $39,829,540,000
1998 $33,821,880,000
1999 $36,152,980,000
2000 $40,212,180,000
2001 $41,525,650,000
2002 $42,736,230,000
2003 $44,463,210,000
2004 $48,313,100,000
2005 $50,928,620,000
2006 $56,637,240,000
2007 $66,525,050,000
2008 $77,349,770,000
2009 $75,919,210,000
2010 $87,141,550,000
2011 $102,286,000,000
2012 $110,085,000,000
2013 $114,829,000,000
2014 $118,335,000,000
2015 $114,448,000,000
2016 $116,314,000,000
2017 $120,849,000,000
2018 $129,842,000,000
2019 $133,445,000,000
2020 $112,231,000,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Singapore was 154,846,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 182,046,000,000 in 2019 and a minimum value of 1,929,300,000 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 1,929,300,000
1961 2,117,100,000
1962 2,204,700,000
1963 2,337,000,000
1964 2,249,100,000
1965 2,352,400,000
1966 2,570,000,000
1967 2,868,900,000
1968 3,197,600,000
1969 3,461,700,000
1970 3,947,600,000
1971 4,564,300,000
1972 5,111,200,000
1973 6,399,500,000
1974 7,759,500,000
1975 8,248,200,000
1976 8,735,600,000
1977 9,387,100,000
1978 10,268,300,000
1979 11,431,900,000
1980 13,063,800,000
1981 14,545,700,000
1982 15,544,500,000
1983 16,638,100,000
1984 18,168,100,000
1985 18,287,000,000
1986 19,048,200,000
1987 21,467,500,000
1988 24,825,800,000
1989 28,095,700,000
1990 31,425,400,000
1991 33,963,300,000
1992 36,795,100,000
1993 42,716,800,000
1994 48,363,300,000
1995 50,866,600,000
1996 54,883,400,000
1997 59,138,900,000
1998 56,604,300,000
1999 61,279,300,000
2000 69,325,800,000
2001 74,401,500,000
2002 76,523,500,000
2003 77,463,800,000
2004 81,658,800,000
2005 84,765,600,000
2006 89,990,900,000
2007 100,260,000,000
2008 109,442,000,000
2009 110,425,000,000
2010 118,818,000,000
2011 128,656,000,000
2012 137,574,000,000
2013 143,685,000,000
2014 149,942,000,000
2015 157,344,000,000
2016 160,687,000,000
2017 166,880,000,000
2018 175,131,000,000
2019 182,046,000,000
2020 154,846,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Singapore was 112,381,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 130,859,000,000 in 2019 and 5,054,408,000 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 constant 2010 U.S. dollars.

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

See also:

Year Value
1960 5,054,408,000
1961 5,537,678,000
1962 5,752,328,000
1963 6,021,603,000
1964 5,727,378,000
1965 5,951,557,000
1966 6,374,236,000
1967 6,951,266,000
1968 7,649,622,000
1969 8,286,951,000
1970 9,331,684,000
1971 10,435,920,000
1972 11,389,730,000
1973 12,314,880,000
1974 13,164,530,000
1975 13,588,380,000
1976 14,304,480,000
1977 15,051,640,000
1978 16,039,790,000
1979 17,104,380,000
1980 18,071,280,000
1981 18,947,990,000
1982 19,710,430,000
1983 20,831,680,000
1984 22,049,390,000
1985 22,032,370,000
1986 22,898,530,000
1987 25,239,090,000
1988 28,121,760,000
1989 30,454,900,000
1990 32,706,790,000
1991 34,711,160,000
1992 36,756,980,000
1993 41,077,900,000
1994 44,075,720,000
1995 45,777,930,000
1996 48,789,710,000
1997 51,591,210,000
1998 50,595,070,000
1999 55,480,730,000
2000 63,017,390,000
2001 68,100,670,000
2002 70,449,230,000
2003 71,353,210,000
2004 75,102,920,000
2005 78,179,080,000
2006 81,607,290,000
2007 87,323,900,000
2008 91,058,120,000
2009 90,807,030,000
2010 94,757,860,000
2011 98,510,910,000
2012 102,179,000,000
2013 105,055,000,000
2014 108,843,000,000
2015 114,448,000,000
2016 118,186,000,000
2017 121,893,000,000
2018 126,736,000,000
2019 130,859,000,000
2020 112,381,000,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Singapore was -14.12 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 13.58 in 2000 and a minimum value of -14.12 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
1961 9.56
1962 3.88
1963 4.68
1964 -4.89
1965 3.91
1966 7.10
1967 9.05
1968 10.05
1969 8.33
1970 12.61
1971 11.83
1972 9.14
1973 8.12
1974 6.90
1975 3.22
1976 5.27
1977 5.22
1978 6.57
1979 6.64
1980 5.65
1981 4.85
1982 4.02
1983 5.69
1984 5.85
1985 -0.08
1986 3.93
1987 10.22
1988 11.42
1989 8.30
1990 7.39
1991 6.13
1992 5.89
1993 11.76
1994 7.30
1995 3.86
1996 6.58
1997 5.74
1998 -1.93
1999 9.66
2000 13.58
2001 8.07
2002 3.45
2003 1.28
2004 5.26
2005 4.10
2006 4.39
2007 7.01
2008 4.28
2009 -0.28
2010 4.35
2011 3.96
2012 3.72
2013 2.82
2014 3.60
2015 5.15
2016 3.27
2017 3.14
2018 3.97
2019 3.25
2020 -14.12

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Singapore was 154,501,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 179,905,000,000 in 2019 and a minimum value of 6,948,800,000 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 constant local currency.

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

Year Value
1960 6,948,800,000
1961 7,613,200,000
1962 7,908,300,000
1963 8,278,500,000
1964 7,874,000,000
1965 8,182,200,000
1966 8,763,300,000
1967 9,556,600,000
1968 10,516,700,000
1969 11,392,900,000
1970 12,829,200,000
1971 14,347,300,000
1972 15,658,600,000
1973 16,930,500,000
1974 18,098,600,000
1975 18,681,300,000
1976 19,665,800,000
1977 20,693,000,000
1978 22,051,500,000
1979 23,515,100,000
1980 24,844,400,000
1981 26,049,700,000
1982 27,097,900,000
1983 28,639,400,000
1984 30,313,500,000
1985 30,290,100,000
1986 31,480,900,000
1987 34,698,700,000
1988 38,661,800,000
1989 41,869,400,000
1990 44,965,300,000
1991 47,720,900,000
1992 50,533,500,000
1993 56,473,900,000
1994 60,595,300,000
1995 62,935,500,000
1996 67,076,100,000
1997 70,927,600,000
1998 69,558,100,000
1999 76,274,900,000
2000 86,636,300,000
2001 93,624,800,000
2002 96,853,600,000
2003 98,096,400,000
2004 103,252,000,000
2005 107,481,000,000
2006 112,194,000,000
2007 120,053,000,000
2008 125,187,000,000
2009 124,842,000,000
2010 130,273,000,000
2011 135,433,000,000
2012 140,476,000,000
2013 144,430,000,000
2014 149,637,000,000
2015 157,344,000,000
2016 162,483,000,000
2017 167,578,000,000
2018 174,237,000,000
2019 179,905,000,000
2020 154,501,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Singapore was 150,082,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 173,977,000,000 in 2019 and 24,490,870,000 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 24,490,870,000
1991 26,675,850,000
1992 29,116,440,000
1993 34,021,240,000
1994 38,334,250,000
1995 40,748,450,000
1996 44,637,570,000
1997 48,256,180,000
1998 47,030,770,000
1999 52,020,430,000
2000 60,021,220,000
2001 65,582,190,000
2002 68,791,920,000
2003 70,858,150,000
2004 75,440,830,000
2005 80,625,210,000
2006 87,513,870,000
2007 98,214,270,000
2008 104,405,000,000
2009 104,345,000,000
2010 110,984,000,000
2011 117,786,000,000
2012 128,156,000,000
2013 130,149,000,000
2014 135,841,000,000
2015 143,686,000,000
2016 147,821,000,000
2017 154,449,000,000
2018 165,319,000,000
2019 173,977,000,000
2020 150,082,000,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Singapore was 142,397,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 165,810,000,000 in 2019 and 41,442,470,000 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 41,442,470,000
1991 43,982,180,000
1992 46,574,430,000
1993 52,049,420,000
1994 55,847,930,000
1995 58,004,790,000
1996 61,820,990,000
1997 65,370,740,000
1998 64,108,540,000
1999 70,299,110,000
2000 79,848,730,000
2001 86,289,720,000
2002 89,265,550,000
2003 90,410,990,000
2004 95,162,210,000
2005 99,059,980,000
2006 103,404,000,000
2007 110,647,000,000
2008 115,379,000,000
2009 115,061,000,000
2010 120,067,000,000
2011 124,822,000,000
2012 129,470,000,000
2013 133,115,000,000
2014 137,914,000,000
2015 145,017,000,000
2016 149,753,000,000
2017 154,449,000,000
2018 160,586,000,000
2019 165,810,000,000
2020 142,397,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Singapore was 33.01 as of 2020. Its highest value over the past 60 years was 90.45 in 1961, while its lowest value was 33.01 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
1960 89.43
1961 90.45
1962 87.17
1963 83.20
1964 82.17
1965 78.84
1966 76.57
1967 75.70
1968 73.27
1969 68.13
1970 67.14
1971 65.86
1972 61.56
1973 61.56
1974 60.47
1975 60.08
1976 58.22
1977 57.40
1978 56.00
1979 54.07
1980 50.50
1981 47.92
1982 45.74
1983 43.72
1984 43.54
1985 44.75
1986 46.58
1987 47.13
1988 46.46
1989 45.83
1990 44.58
1991 43.24
1992 43.33
1993 43.62
1994 42.97
1995 40.87
1996 40.42
1997 39.78
1998 39.45
1999 41.90
2000 41.86
2001 46.24
2002 46.18
2003 45.54
2004 42.00
2005 39.85
2006 38.11
2007 36.77
2008 39.95
2009 39.10
2010 36.34
2011 36.62
2012 37.31
2013 37.33
2014 37.58
2015 37.16
2016 36.49
2017 35.20
2018 34.53
2019 35.64
2020 33.01

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts