Angola - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Angola was 690,413,000,000 as of 2020. As the graph below shows, over the past 18 years this indicator reached a maximum value of 756,381,000,000 in 2017 and a minimum value of 276,187,000,000 in 2002.

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
2002 276,187,000,000
2003 298,890,000,000
2004 310,726,000,000
2005 326,355,000,000
2006 347,274,000,000
2007 368,041,000,000
2008 398,110,000,000
2009 439,187,000,000
2010 456,379,000,000
2011 503,151,000,000
2012 552,679,000,000
2013 598,367,000,000
2014 674,203,000,000
2015 694,151,000,000
2016 735,064,000,000
2017 756,381,000,000
2018 730,566,000,000
2019 718,881,000,000
2020 690,413,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts