Armenia - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Armenia was $11,558,010,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $13,075,070,000 in 2019 and $1,328,486,000 in 1993.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

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

See also:

Year Value
1990 $1,510,391,000
1991 $1,568,831,000
1992 $1,434,345,000
1993 $1,328,486,000
1994 $1,391,840,000
1995 $1,724,545,000
1996 $1,783,081,000
1997 $1,881,082,000
1998 $2,104,878,000
1999 $1,998,198,000
2000 $2,159,393,000
2001 $2,303,914,000
2002 $2,444,524,000
2003 $2,722,753,000
2004 $3,437,837,000
2005 $4,367,991,000
2006 $5,444,344,000
2007 $7,802,810,000
2008 $9,876,359,000
2009 $8,373,894,000
2010 $9,102,916,000
2011 $10,133,530,000
2012 $10,278,420,000
2013 $10,979,510,000
2014 $11,334,720,000
2015 $9,606,434,000
2016 $9,465,981,000
2017 $10,645,440,000
2018 $11,372,550,000
2019 $13,075,070,000
2020 $11,558,010,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Armenia was 5,651,970,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 6,281,850,000,000 in 2019 and a minimum value of 33,670,000 in 1990.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

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

Year Value
1990 33,670,000
1991 60,400,000
1992 349,550,000
1993 4,664,980,000
1994 197,972,000,000
1995 613,392,000,000
1996 738,267,000,000
1997 922,859,000,000
1998 1,061,910,000,000
1999 1,069,160,000,000
2000 1,165,050,000,000
2001 1,278,810,000,000
2002 1,401,570,000,000
2003 1,575,850,000,000
2004 1,833,910,000,000
2005 1,999,170,000,000
2006 2,265,070,000,000
2007 2,669,180,000,000
2008 3,021,860,000,000
2009 3,042,100,000,000
2010 3,401,400,000,000
2011 3,774,750,000,000
2012 4,129,500,000,000
2013 4,497,490,000,000
2014 4,714,330,000,000
2015 4,591,090,000,000
2016 4,548,290,000,000
2017 5,138,730,000,000
2018 5,492,810,000,000
2019 6,281,850,000,000
2020 5,651,970,000,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Armenia was 10,940,050,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between 12,169,130,000 in 2019 and 3,529,190,000 in 1994.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1994 3,529,190,000
1995 3,800,111,000
1996 3,898,141,000
1997 4,153,909,000
1998 4,315,303,000
1999 4,350,947,000
2000 4,686,482,000
2001 5,004,694,000
2002 5,397,915,000
2003 5,817,124,000
2004 6,346,538,000
2005 6,993,251,000
2006 7,619,445,000
2007 8,548,400,000
2008 8,936,935,000
2009 8,574,148,000
2010 8,901,281,000
2011 9,151,149,000
2012 9,871,388,000
2013 10,098,430,000
2014 10,219,610,000
2015 9,606,434,000
2016 9,404,699,000
2017 10,495,640,000
2018 10,894,480,000
2019 12,169,130,000
2020 10,940,050,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Armenia was -10.10 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 12.19 in 2007 and a minimum value of -10.10 in 2020.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate 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
1995 7.68
1996 2.58
1997 6.56
1998 3.89
1999 0.83
2000 7.71
2001 6.79
2002 7.86
2003 7.77
2004 9.10
2005 10.19
2006 8.95
2007 12.19
2008 4.55
2009 -4.06
2010 3.82
2011 2.81
2012 7.87
2013 2.30
2014 1.20
2015 -6.00
2016 -2.10
2017 11.60
2018 3.80
2019 11.70
2020 -10.10

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Armenia was 4,576,550,000,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 5,090,710,000,000 in 2019 and a minimum value of 1,476,370,000,000 in 1994.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

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

Year Value
1994 1,476,370,000,000
1995 1,589,700,000,000
1996 1,630,710,000,000
1997 1,737,710,000,000
1998 1,805,220,000,000
1999 1,820,130,000,000
2000 1,960,500,000,000
2001 2,093,610,000,000
2002 2,258,110,000,000
2003 2,433,480,000,000
2004 2,654,950,000,000
2005 2,925,490,000,000
2006 3,187,440,000,000
2007 3,576,050,000,000
2008 3,738,590,000,000
2009 3,586,820,000,000
2010 3,723,670,000,000
2011 3,828,200,000,000
2012 4,129,500,000,000
2013 4,224,480,000,000
2014 4,275,170,000,000
2015 4,018,660,000,000
2016 3,934,270,000,000
2017 4,390,640,000,000
2018 4,557,490,000,000
2019 5,090,710,000,000
2020 4,576,550,000,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Armenia was 91.43 as of 2020. Its highest value over the past 30 years was 117.45 in 1995, while its lowest value was 66.93 in 1990.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate 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
1990 66.93
1991 75.79
1992 112.69
1993 110.59
1994 105.83
1995 117.45
1996 111.65
1997 114.74
1998 111.15
1999 108.28
2000 112.96
2001 108.75
2002 102.87
2003 97.00
2004 96.12
2005 89.13
2006 85.28
2007 84.76
2008 84.69
2009 96.83
2010 98.30
2011 99.92
2012 96.79
2013 98.72
2014 97.63
2015 91.03
2016 89.76
2017 92.35
2018 91.29
2019 96.00
2020 91.43

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts