Belgium - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Belgium was 226,961,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 245,798,000,000 in 2019 and a minimum value of 16,927,170,000 in 1970.

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
1970 16,927,170,000
1971 18,702,170,000
1972 20,921,160,000
1973 23,951,300,000
1974 27,761,910,000
1975 31,485,940,000
1976 35,668,390,000
1977 39,225,990,000
1978 41,924,690,000
1979 45,798,860,000
1980 50,300,300,000
1981 54,251,470,000
1982 59,542,810,000
1983 63,656,030,000
1984 67,462,490,000
1985 72,721,210,000
1986 74,979,610,000
1987 77,547,820,000
1988 81,055,680,000
1989 86,936,070,000
1990 92,154,030,000
1991 97,608,430,000
1992 101,296,000,000
1993 103,410,000,000
1994 108,280,000,000
1995 111,686,000,000
1996 114,598,000,000
1997 118,021,000,000
1998 123,097,000,000
1999 126,176,000,000
2000 134,116,000,000
2001 138,526,000,000
2002 140,826,000,000
2003 143,956,000,000
2004 149,127,000,000
2005 155,603,000,000
2006 162,732,000,000
2007 170,592,000,000
2008 178,419,000,000
2009 177,993,000,000
2010 186,792,000,000
2011 193,784,000,000
2012 200,594,000,000
2013 206,110,000,000
2014 208,801,000,000
2015 213,930,000,000
2016 220,597,000,000
2017 229,077,000,000
2018 238,209,000,000
2019 245,798,000,000
2020 226,961,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts