Canada - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Canada was 1,261,280,000,000 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 1,334,710,000,000 in 2019 and a minimum value of 26,299,000,000 in 1961.

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
1961 26,299,000,000
1962 28,053,000,000
1963 29,903,000,000
1964 32,099,000,000
1965 34,787,000,000
1966 38,002,000,000
1967 41,106,000,000
1968 44,897,000,000
1969 49,008,000,000
1970 51,802,000,000
1971 56,403,000,000
1972 63,123,000,000
1973 72,146,000,000
1974 84,090,000,000
1975 97,192,000,000
1976 110,518,000,000
1977 123,126,000,000
1978 137,528,000,000
1979 153,557,000,000
1980 172,238,000,000
1981 194,258,000,000
1982 208,186,000,000
1983 228,440,000,000
1984 248,271,000,000
1985 270,616,000,000
1986 292,148,000,000
1987 315,856,000,000
1988 341,459,000,000
1989 368,416,000,000
1990 388,379,000,000
1991 401,980,000,000
1992 414,555,000,000
1993 430,668,000,000
1994 448,151,000,000
1995 464,265,000,000
1996 485,155,000,000
1997 515,810,000,000
1998 536,891,000,000
1999 566,932,000,000
2000 603,187,000,000
2001 630,572,000,000
2002 668,603,000,000
2003 698,585,000,000
2004 730,886,000,000
2005 772,000,000,000
2006 814,421,000,000
2007 863,424,000,000
2008 902,446,000,000
2009 904,663,000,000
2010 949,619,000,000
2011 991,750,000,000
2012 1,023,610,000,000
2013 1,064,520,000,000
2014 1,113,080,000,000
2015 1,150,650,000,000
2016 1,184,620,000,000
2017 1,241,060,000,000
2018 1,292,800,000,000
2019 1,334,710,000,000
2020 1,261,280,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts