Armenia - 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

Aggregation method: Gap-filled total

Base Period: 2011

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity