Belgium - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Belgium was 210,852,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 229,775,000,000 in 2019 and a minimum value of 82,448,470,000 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 constant local currency.

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

Year Value
1970 82,448,470,000
1971 86,504,320,000
1972 91,624,820,000
1973 99,092,190,000
1974 101,871,000,000
1975 102,743,000,000
1976 107,966,000,000
1977 110,807,000,000
1978 113,573,000,000
1979 119,401,000,000
1980 118,431,000,000
1981 118,926,000,000
1982 121,826,000,000
1983 121,643,000,000
1984 122,092,000,000
1985 125,399,000,000
1986 128,808,000,000
1987 131,043,000,000
1988 135,391,000,000
1989 139,870,000,000
1990 144,310,000,000
1991 148,669,000,000
1992 151,505,000,000
1993 150,826,000,000
1994 154,438,000,000
1995 156,872,000,000
1996 159,952,000,000
1997 162,405,000,000
1998 167,503,000,000
1999 171,041,000,000
2000 175,859,000,000
2001 177,518,000,000
2002 178,604,000,000
2003 179,886,000,000
2004 181,800,000,000
2005 184,426,000,000
2006 187,699,000,000
2007 191,626,000,000
2008 194,261,000,000
2009 195,397,000,000
2010 201,276,000,000
2011 203,018,000,000
2012 205,997,000,000
2013 209,436,000,000
2014 210,592,000,000
2015 213,930,000,000
2016 217,289,000,000
2017 221,401,000,000
2018 225,700,000,000
2019 229,775,000,000
2020 210,852,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts