Benin - 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

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts