Belize - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Belize was 1,625,882,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 1,924,133,000 in 2016 and a minimum value of 258,733,700 in 1986.

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
1980 421,409,800
1981 333,705,400
1982 378,404,400
1983 349,389,100
1984 297,694,300
1985 279,608,800
1986 258,733,700
1987 307,962,400
1988 361,324,300
1989 404,093,200
1990 433,847,900
1991 480,600,000
1992 843,482,100
1993 855,889,100
1994 903,695,000
1995 945,719,000
1996 960,481,100
1997 982,465,000
1998 1,048,878,000
1999 1,136,969,000
2000 1,232,952,000
2001 1,348,704,000
2002 1,434,446,000
2003 1,487,124,000
2004 1,485,087,000
2005 1,446,145,000
2006 1,412,880,000
2007 1,450,820,000
2008 1,425,977,000
2009 1,479,144,000
2010 1,556,511,000
2011 1,628,940,000
2012 1,649,183,000
2013 1,731,313,000
2014 1,748,089,000
2015 1,824,736,000
2016 1,924,133,000
2017 1,844,600,000
2018 1,794,885,000
2019 1,735,170,000
2020 1,625,882,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts