Benin - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Benin was $10,651,670,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $10,651,670,000 in 2020 and $190,937,400 in 1960.

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
1960 $190,937,400
1961 $198,226,200
1962 $201,768,700
1963 $219,789,200
1964 $239,474,900
1965 $260,953,600
1966 $279,732,800
1967 $278,874,500
1968 $288,382,000
1969 $291,279,000
1970 $293,438,600
1971 $300,607,300
1972 $364,820,000
1973 $440,066,000
1974 $489,943,600
1975 $611,426,400
1976 $648,069,300
1977 $694,115,300
1978 $869,772,500
1979 $1,096,769,000
1980 $1,373,021,000
1981 $1,332,353,000
1982 $1,067,738,000
1983 $942,758,600
1984 $892,862,500
1985 $927,419,100
1986 $1,165,306,000
1987 $1,362,575,000
1988 $1,449,407,000
1989 $1,328,149,000
1990 $1,484,238,000
1991 $1,562,931,000
1992 $1,371,317,000
1993 $1,800,091,000
1994 $1,187,550,000
1995 $1,588,055,000
1996 $1,710,792,000
1997 $1,646,822,000
1998 $1,820,134,000
1999 $3,015,452,000
2000 $2,888,101,000
2001 $3,031,376,000
2002 $3,426,575,000
2003 $4,297,328,000
2004 $4,880,893,000
2005 $5,323,185,000
2006 $5,705,976,000
2007 $6,460,307,000
2008 $7,783,198,000
2009 $7,663,556,000
2010 $7,482,079,000
2011 $8,344,172,000
2012 $8,527,447,000
2013 $9,282,603,000
2014 $9,693,562,000
2015 $8,560,727,000
2016 $8,655,443,000
2017 $9,224,704,000
2018 $10,047,820,000
2019 $9,850,881,000
2020 $10,651,670,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Benin was 6,130,950,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 6,130,950,000,000 in 2020 and a minimum value of 46,816,920,000 in 1960.

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
1960 46,816,920,000
1961 48,616,980,000
1962 49,436,130,000
1963 53,851,960,000
1964 58,677,860,000
1965 63,949,540,000
1966 68,724,320,000
1967 68,603,380,000
1968 71,393,210,000
1969 75,721,060,000
1970 81,107,350,000
1971 82,774,160,000
1972 91,944,710,000
1973 98,085,950,000
1974 117,932,000,000
1975 131,037,000,000
1976 154,856,000,000
1977 170,530,000,000
1978 196,269,000,000
1979 233,306,000,000
1980 290,091,000,000
1981 362,042,000,000
1982 350,865,000,000
1983 359,253,000,000
1984 390,142,000,000
1985 416,655,000,000
1986 403,552,000,000
1987 409,504,000,000
1988 431,703,000,000
1989 423,691,000,000
1990 404,106,000,000
1991 440,914,000,000
1992 480,815,000,000
1993 509,718,000,000
1994 659,333,000,000
1995 792,675,000,000
1996 875,160,000,000
1997 961,199,000,000
1998 1,073,790,000,000
1999 1,855,930,000,000
2000 2,051,150,000,000
2001 2,220,170,000,000
2002 2,377,060,000,000
2003 2,492,010,000,000
2004 2,573,880,000,000
2005 2,806,690,000,000
2006 2,980,950,000,000
2007 3,092,120,000,000
2008 3,471,310,000,000
2009 3,604,120,000,000
2010 3,702,090,000,000
2011 3,932,180,000,000
2012 4,353,740,000,000
2013 4,584,670,000,000
2014 4,786,270,000,000
2015 5,061,200,000,000
2016 5,129,260,000,000
2017 5,356,390,000,000
2018 5,581,030,000,000
2019 5,771,740,000,000
2020 6,130,950,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Benin was 9,987,517,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 9,987,517,000 in 2020 and 1,427,671,000 in 1960.

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
1960 1,427,671,000
1961 1,451,356,000
1962 1,434,399,000
1963 1,554,536,000
1964 1,693,240,000
1965 1,815,407,000
1966 2,000,375,000
1967 2,048,715,000
1968 2,119,515,000
1969 2,124,532,000
1970 2,157,338,000
1971 2,177,748,000
1972 2,262,971,000
1973 2,349,899,000
1974 2,363,154,000
1975 2,316,260,000
1976 2,313,784,000
1977 2,594,741,000
1978 2,665,287,000
1979 2,804,435,000
1980 2,956,487,000
1981 3,226,062,000
1982 2,849,709,000
1983 2,801,896,000
1984 3,029,744,000
1985 3,369,760,000
1986 3,315,660,000
1987 3,245,826,000
1988 3,617,061,000
1989 3,353,227,000
1990 3,171,206,000
1991 3,472,031,000
1992 3,674,356,000
1993 3,868,740,000
1994 3,663,188,000
1995 3,818,062,000
1996 4,036,871,000
1997 4,239,495,000
1998 4,470,541,000
1999 4,708,265,000
2000 5,062,910,000
2001 5,285,010,000
2002 5,513,296,000
2003 5,662,644,000
2004 5,891,542,000
2005 6,014,063,000
2006 6,276,488,000
2007 6,512,560,000
2008 6,795,060,000
2009 6,987,539,000
2010 7,130,671,000
2011 7,397,754,000
2012 7,539,357,000
2013 7,844,562,000
2014 8,133,623,000
2015 8,560,727,000
2016 8,726,309,000
2017 9,031,730,000
2018 9,347,840,000
2019 9,675,015,000
2020 9,987,517,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Benin was 3.23 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 12.14 in 1977 and a minimum value of -11.67 in 1982.

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
1961 1.66
1962 -1.17
1963 8.38
1964 8.92
1965 7.21
1966 10.19
1967 2.42
1968 3.46
1969 0.24
1970 1.54
1971 0.95
1972 3.91
1973 3.84
1974 0.56
1975 -1.98
1976 -0.11
1977 12.14
1978 2.72
1979 5.22
1980 5.42
1981 9.12
1982 -11.67
1983 -1.68
1984 8.13
1985 11.22
1986 -1.61
1987 -2.11
1988 11.44
1989 -7.29
1990 -5.43
1991 9.49
1992 5.83
1993 5.29
1994 -5.31
1995 4.23
1996 5.73
1997 5.02
1998 5.45
1999 5.32
2000 7.53
2001 4.39
2002 4.32
2003 2.71
2004 4.04
2005 2.08
2006 4.36
2007 3.76
2008 4.34
2009 2.83
2010 2.05
2011 3.75
2012 1.91
2013 4.05
2014 3.68
2015 5.25
2016 1.93
2017 3.50
2018 3.50
2019 3.50
2020 3.23

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Benin was 5,904,740,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 5,904,740,000,000 in 2020 and a minimum value of 844,056,000,000 in 1960.

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
1960 844,056,000,000
1961 858,058,000,000
1962 848,034,000,000
1963 919,060,000,000
1964 1,001,060,000,000
1965 1,073,290,000,000
1966 1,182,640,000,000
1967 1,211,220,000,000
1968 1,253,080,000,000
1969 1,256,050,000,000
1970 1,275,440,000,000
1971 1,287,510,000,000
1972 1,337,890,000,000
1973 1,389,290,000,000
1974 1,397,120,000,000
1975 1,369,400,000,000
1976 1,367,940,000,000
1977 1,534,040,000,000
1978 1,575,750,000,000
1979 1,658,010,000,000
1980 1,747,910,000,000
1981 1,907,290,000,000
1982 1,684,780,000,000
1983 1,656,510,000,000
1984 1,791,220,000,000
1985 1,992,240,000,000
1986 1,960,260,000,000
1987 1,918,970,000,000
1988 2,138,450,000,000
1989 1,982,470,000,000
1990 1,874,850,000,000
1991 2,052,710,000,000
1992 2,172,320,000,000
1993 2,287,240,000,000
1994 2,165,720,000,000
1995 2,257,280,000,000
1996 2,386,650,000,000
1997 2,506,440,000,000
1998 2,643,040,000,000
1999 2,783,580,000,000
2000 2,993,250,000,000
2001 3,124,560,000,000
2002 3,259,530,000,000
2003 3,347,820,000,000
2004 3,483,150,000,000
2005 3,555,580,000,000
2006 3,710,730,000,000
2007 3,850,300,000,000
2008 4,017,320,000,000
2009 4,131,120,000,000
2010 4,215,740,000,000
2011 4,373,640,000,000
2012 4,457,360,000,000
2013 4,637,800,000,000
2014 4,808,690,000,000
2015 5,061,200,000,000
2016 5,159,100,000,000
2017 5,339,660,000,000
2018 5,526,550,000,000
2019 5,719,980,000,000
2020 5,904,740,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Benin was 28,647,970,000 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between 28,647,970,000 in 2020 and 3,552,878,000 in 1992.

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
1992 3,552,878,000
1993 3,860,615,000
1994 3,657,020,000
1995 3,948,845,000
1996 4,277,349,000
1997 4,646,624,000
1998 4,984,707,000
1999 8,775,358,000
2000 9,625,004,000
2001 10,302,100,000
2002 10,932,890,000
2003 11,550,000,000
2004 12,142,720,000
2005 12,993,260,000
2006 13,725,990,000
2007 14,456,400,000
2008 15,611,540,000
2009 16,007,770,000
2010 16,351,570,000
2011 17,444,370,000
2012 19,223,420,000
2013 20,001,430,000
2014 21,324,870,000
2015 22,798,550,000
2016 23,752,060,000
2017 24,405,310,000
2018 25,883,080,000
2019 27,446,120,000
2020 28,647,970,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Benin was 26,988,020,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 26,988,020,000 in 2020 and 8,569,152,000 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 converted to constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 8,569,152,000
1991 9,382,034,000
1992 9,928,752,000
1993 10,454,010,000
1994 9,898,574,000
1995 10,317,070,000
1996 10,908,330,000
1997 11,455,860,000
1998 12,080,180,000
1999 12,722,550,000
2000 13,680,870,000
2001 14,281,020,000
2002 14,897,890,000
2003 15,301,450,000
2004 15,919,970,000
2005 16,251,050,000
2006 16,960,170,000
2007 17,598,080,000
2008 18,361,440,000
2009 18,881,550,000
2010 19,268,320,000
2011 19,990,020,000
2012 20,372,660,000
2013 21,197,380,000
2014 21,978,470,000
2015 23,132,580,000
2016 23,580,010,000
2017 24,405,310,000
2018 25,259,500,000
2019 26,143,580,000
2020 26,988,020,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Benin was 68.06 as of 2020. Its highest value over the past 60 years was 103.19 in 1981, while its lowest value was 68.06 in 2020.

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
1960 84.41
1961 84.11
1962 85.34
1963 86.56
1964 88.75
1965 90.01
1966 92.34
1967 91.07
1968 88.37
1969 88.07
1970 87.95
1971 89.71
1972 88.91
1973 87.25
1974 88.33
1975 90.33
1976 92.79
1977 92.54
1978 93.64
1979 92.46
1980 97.71
1981 103.19
1982 84.22
1983 86.07
1984 84.94
1985 88.69
1986 87.22
1987 87.21
1988 89.46
1989 88.41
1990 75.73
1991 78.68
1992 80.89
1993 79.14
1994 74.31
1995 73.19
1996 72.46
1997 72.60
1998 74.14
1999 82.00
2000 82.05
2001 82.68
2002 81.70
2003 80.34
2004 78.85
2005 81.05
2006 81.12
2007 79.08
2008 79.52
2009 78.69
2010 78.47
2011 78.03
2012 76.54
2013 74.15
2014 72.97
2015 75.17
2016 73.22
2017 72.63
2018 70.45
2019 68.45
2020 68.06

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts