Albania - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Albania was 1,340,520,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 1,351,630,000,000 in 2019 and a minimum value of 8,710,900,000 in 1980.

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
1980 8,710,900,000
1981 8,820,000,000
1982 9,594,900,000
1983 9,659,800,000
1984 10,033,200,000
1985 10,144,400,000
1986 10,473,300,000
1987 10,702,600,000
1988 10,965,200,000
1989 11,627,000,000
1990 10,171,890,000
1991 14,919,190,000
1992 80,988,180,000
1993 149,833,000,000
1994 180,087,000,000
1995 203,148,000,000
1996 314,757,000,000
1997 324,445,000,000
1998 364,129,000,000
1999 383,874,000,000
2000 414,666,000,000
2001 440,671,000,000
2002 488,607,000,000
2003 544,430,000,000
2004 569,540,000,000
2005 618,767,000,000
2006 677,444,000,000
2007 789,482,000,000
2008 897,974,000,000
2009 924,522,000,000
2010 968,278,000,000
2011 1,018,380,000,000
2012 1,039,150,000,000
2013 1,080,440,000,000
2014 1,127,230,000,000
2015 1,157,410,000,000
2016 1,192,130,000,000
2017 1,234,440,000,000
2018 1,294,780,000,000
2019 1,351,630,000,000
2020 1,340,520,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts