Armenia - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Armenia was $9,530,926,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $11,363,860,000 in 2019 and $1,097,243,000 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 in current U.S. dollars.

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

See also:

Year Value
1990 $1,097,243,000
1991 $1,185,714,000
1992 $1,198,277,000
1993 $1,121,937,000
1994 $1,240,031,000
1995 $1,558,291,000
1996 $1,601,937,000
1997 $1,692,915,000
1998 $1,891,037,000
1999 $1,772,487,000
2000 $1,952,970,000
2001 $2,084,837,000
2002 $2,226,637,000
2003 $2,459,315,000
2004 $3,103,200,000
2005 $3,892,155,000
2006 $4,852,783,000
2007 $6,937,584,000
2008 $8,780,604,000
2009 $7,311,605,000
2010 $7,987,634,000
2011 $8,925,576,000
2012 $9,119,854,000
2013 $9,652,154,000
2014 $9,931,611,000
2015 $8,222,723,000
2016 $8,047,087,000
2017 $9,225,424,000
2018 $9,941,548,000
2019 $11,363,860,000
2020 $9,530,926,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Armenia was 4,660,710,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 5,459,710,000,000 in 2019 and a minimum value of 24,460,000 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 in current local currency.

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

Year Value
1990 24,460,000
1991 45,650,000
1992 292,020,000
1993 3,939,680,000
1994 176,379,000,000
1995 554,258,000,000
1996 663,266,000,000
1997 830,544,000,000
1998 954,028,000,000
1999 948,387,000,000
2000 1,053,680,000,000
2001 1,157,210,000,000
2002 1,276,640,000,000
2003 1,423,380,000,000
2004 1,655,400,000,000
2005 1,781,390,000,000
2006 2,018,950,000,000
2007 2,373,200,000,000
2008 2,686,600,000,000
2009 2,656,180,000,000
2010 2,984,660,000,000
2011 3,324,790,000,000
2012 3,664,030,000,000
2013 3,953,770,000,000
2014 4,130,750,000,000
2015 3,929,790,000,000
2016 3,866,530,000,000
2017 4,453,260,000,000
2018 4,801,650,000,000
2019 5,459,710,000,000
2020 4,660,710,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Armenia was 9,240,495,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between 10,730,440,000 in 2019 and 2,887,589,000 in 1994.

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
1994 2,887,589,000
1995 3,166,295,000
1996 3,295,849,000
1997 3,559,885,000
1998 3,730,696,000
1999 3,758,543,000
2000 4,067,000,000
2001 4,359,735,000
2002 4,720,709,000
2003 5,063,469,000
2004 5,514,139,000
2005 6,015,339,000
2006 6,514,127,000
2007 7,375,515,000
2008 7,771,037,000
2009 7,423,935,000
2010 7,706,047,000
2011 7,890,990,000
2012 8,607,607,000
2013 8,754,324,000
2014 8,893,552,000
2015 8,222,723,000
2016 8,056,104,000
2017 9,181,567,000
2018 9,622,770,000
2019 10,730,440,000
2020 9,240,495,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Armenia was -13.89 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 13.97 in 2017 and a minimum value of -13.89 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
1995 9.65
1996 4.09
1997 8.01
1998 4.80
1999 0.75
2000 8.21
2001 7.20
2002 8.28
2003 7.26
2004 8.90
2005 9.09
2006 8.29
2007 13.22
2008 5.36
2009 -4.47
2010 3.80
2011 2.40
2012 9.08
2013 1.70
2014 1.59
2015 -7.54
2016 -2.03
2017 13.97
2018 4.81
2019 11.51
2020 -13.89

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Armenia was 3,933,430,000,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 4,567,660,000,000 in 2019 and a minimum value of 1,229,170,000,000 in 1994.

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
1994 1,229,170,000,000
1995 1,347,810,000,000
1996 1,402,960,000,000
1997 1,515,350,000,000
1998 1,588,060,000,000
1999 1,599,910,000,000
2000 1,731,210,000,000
2001 1,855,820,000,000
2002 2,009,480,000,000
2003 2,155,380,000,000
2004 2,347,220,000,000
2005 2,560,570,000,000
2006 2,772,890,000,000
2007 3,139,560,000,000
2008 3,307,920,000,000
2009 3,160,170,000,000
2010 3,280,260,000,000
2011 3,358,980,000,000
2012 3,664,030,000,000
2013 3,726,480,000,000
2014 3,785,750,000,000
2015 3,500,190,000,000
2016 3,429,270,000,000
2017 3,908,350,000,000
2018 4,096,160,000,000
2019 4,567,660,000,000
2020 3,933,430,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Armenia was 27,942,550,000 as of 2020. Over the past 27 years, the value for this indicator has fluctuated between 32,725,700,000 in 2019 and 3,559,144,000 in 1993.

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
1993 3,559,144,000
1994 4,706,636,000
1995 5,510,097,000
1996 5,718,738,000
1997 6,430,657,000
1998 6,902,778,000
1999 6,966,942,000
2000 8,065,592,000
2001 8,830,636,000
2002 9,792,730,000
2003 10,662,700,000
2004 11,904,150,000
2005 13,160,650,000
2006 14,964,110,000
2007 17,327,820,000
2008 18,695,850,000
2009 17,811,690,000
2010 18,805,070,000
2011 20,073,680,000
2012 23,159,570,000
2013 22,083,620,000
2014 22,442,380,000
2015 21,147,580,000
2016 22,253,310,000
2017 26,616,490,000
2018 28,676,990,000
2019 32,725,700,000
2020 27,942,550,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Armenia was 26,787,320,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between 31,106,520,000 in 2019 and 8,370,847,000 in 1994.

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
1994 8,370,847,000
1995 9,178,788,000
1996 9,554,352,000
1997 10,319,770,000
1998 10,814,930,000
1999 10,895,660,000
2000 11,789,850,000
2001 12,638,460,000
2002 13,684,890,000
2003 14,678,520,000
2004 15,984,960,000
2005 17,437,900,000
2006 18,883,830,000
2007 21,380,920,000
2008 22,527,500,000
2009 21,521,280,000
2010 22,339,100,000
2011 22,875,230,000
2012 24,952,630,000
2013 25,377,960,000
2014 25,781,560,000
2015 23,836,890,000
2016 23,353,880,000
2017 26,616,490,000
2018 27,895,490,000
2019 31,106,520,000
2020 26,787,320,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Armenia was 75.40 as of 2020. Its highest value over the past 30 years was 106.13 in 1995, while its lowest value was 48.62 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. 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
1990 48.62
1991 57.28
1992 94.14
1993 93.39
1994 94.29
1995 106.13
1996 100.31
1997 103.26
1998 99.86
1999 96.04
2000 102.17
2001 98.41
2002 93.70
2003 87.61
2004 86.76
2005 79.42
2006 76.01
2007 75.36
2008 75.29
2009 84.55
2010 86.26
2011 88.01
2012 85.88
2013 86.79
2014 85.55
2015 77.92
2016 76.30
2017 80.03
2018 79.80
2019 83.44
2020 75.40

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts