Cuba - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Cuba was 30,364,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 33,540,000,000 in 2018 and a minimum value of 9,226,959,000 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 9,226,959,000
1971 10,017,860,000
1972 10,501,230,000
1973 10,863,230,000
1974 10,973,640,000
1975 12,009,030,000
1976 12,653,180,000
1977 13,761,660,000
1978 14,681,290,000
1979 14,860,040,000
1980 14,085,340,000
1981 16,828,620,000
1982 18,437,100,000
1983 19,483,860,000
1984 21,104,670,000
1985 20,816,640,000
1986 21,018,310,000
1987 21,426,620,000
1988 21,917,100,000
1989 22,263,170,000
1990 20,797,470,000
1991 18,668,000,000
1992 15,336,240,000
1993 13,599,660,000
1994 14,369,980,000
1995 14,581,360,000
1996 15,152,700,000
1997 15,503,100,000
1998 15,794,300,000
1999 16,601,800,000
2000 16,948,900,000
2001 17,596,700,000
2002 17,971,800,000
2003 19,086,100,000
2004 19,380,000,000
2005 19,453,300,000
2006 23,093,100,000
2007 23,443,400,000
2008 23,029,500,000
2009 23,236,000,000
2010 25,061,000,000
2011 25,412,000,000
2012 26,239,000,000
2013 27,593,000,000
2014 28,858,000,000
2015 30,980,000,000
2016 32,263,000,000
2017 32,804,000,000
2018 33,540,000,000
2019 33,253,000,000
2020 30,364,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts