Cyprus - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Cyprus was $20,592,740,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $23,403,180,000 in 2011 and $483,433,300 in 1975.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 $483,433,300
1976 $530,023,600
1977 $659,332,200
1978 $842,976,100
1979 $1,043,986,000
1980 $1,734,953,000
1981 $1,672,380,000
1982 $1,748,841,000
1983 $1,782,153,000
1984 $1,771,971,000
1985 $1,892,743,000
1986 $2,326,594,000
1987 $2,820,961,000
1988 $3,307,227,000
1989 $3,445,511,000
1990 $4,392,484,000
1991 $4,856,570,000
1992 $5,701,427,000
1993 $5,031,419,000
1994 $5,560,481,000
1995 $7,377,742,000
1996 $7,626,420,000
1997 $7,380,881,000
1998 $8,038,425,000
1999 $8,126,903,000
2000 $7,688,109,000
2001 $8,062,168,000
2002 $8,949,991,000
2003 $11,463,960,000
2004 $13,519,290,000
2005 $14,393,660,000
2006 $15,723,090,000
2007 $19,265,120,000
2008 $23,335,680,000
2009 $21,397,670,000
2010 $21,696,580,000
2011 $23,403,180,000
2012 $21,409,140,000
2013 $20,433,900,000
2014 $19,798,320,000
2015 $16,609,050,000
2016 $16,944,030,000
2017 $18,244,610,000
2018 $20,254,180,000
2019 $20,471,330,000
2020 $20,592,740,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Cyprus was 18,028,940,000 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 18,287,040,000 in 2019 and a minimum value of 433,301,300 in 1975.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1975 433,301,300
1976 524,882,400
1977 648,585,100
1978 756,739,600
1979 871,728,500
1980 1,046,177,000
1981 1,199,096,000
1982 1,418,310,000
1983 1,602,156,000
1984 1,777,287,000
1985 1,972,239,000
1986 2,059,036,000
1987 2,316,009,000
1988 2,635,860,000
1989 2,911,457,000
1990 3,430,530,000
1991 3,846,404,000
1992 4,372,995,000
1993 4,271,675,000
1994 4,670,804,000
1995 5,702,995,000
1996 6,078,257,000
1997 6,473,033,000
1998 7,105,968,000
1999 7,533,639,000
2000 8,157,083,000
2001 8,852,260,000
2002 9,307,991,000
2003 10,122,680,000
2004 10,815,430,000
2005 11,573,940,000
2006 12,532,880,000
2007 14,075,100,000
2008 15,931,270,000
2009 15,402,040,000
2010 16,365,730,000
2011 16,812,850,000
2012 16,662,730,000
2013 15,384,680,000
2014 14,902,190,000
2015 14,969,740,000
2016 15,307,240,000
2017 16,150,130,000
2018 17,151,240,000
2019 18,287,040,000
2020 18,028,940,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Cyprus was 19,668,910,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between 19,809,680,000 in 2019 and 2,170,913,000 in 1975.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 2,170,913,000
1976 2,526,506,000
1977 2,868,730,000
1978 3,102,115,000
1979 3,275,206,000
1980 3,481,567,000
1981 3,585,965,000
1982 3,934,190,000
1983 4,210,805,000
1984 4,394,188,000
1985 4,633,875,000
1986 4,732,963,000
1987 5,225,316,000
1988 5,747,596,000
1989 6,089,367,000
1990 6,757,592,000
1991 7,305,494,000
1992 7,730,279,000
1993 7,171,539,000
1994 7,619,380,000
1995 9,123,419,000
1996 9,528,194,000
1997 9,937,730,000
1998 10,822,450,000
1999 11,258,170,000
2000 11,862,550,000
2001 12,574,440,000
2002 13,015,420,000
2003 13,683,630,000
2004 14,385,640,000
2005 14,899,220,000
2006 15,585,680,000
2007 16,889,040,000
2008 18,211,190,000
2009 17,499,260,000
2010 18,144,530,000
2011 18,082,940,000
2012 17,598,760,000
2013 16,452,880,000
2014 16,164,330,000
2015 16,609,050,000
2016 17,289,060,000
2017 18,016,660,000
2018 18,886,380,000
2019 19,809,680,000
2020 19,668,910,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Cyprus was -0.71 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 19.74 in 1995 and a minimum value of -7.23 in 1993.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate 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
1976 16.38
1977 13.55
1978 8.14
1979 5.58
1980 6.30
1981 3.00
1982 9.71
1983 7.03
1984 4.36
1985 5.45
1986 2.14
1987 10.40
1988 10.00
1989 5.95
1990 10.97
1991 8.11
1992 5.81
1993 -7.23
1994 6.24
1995 19.74
1996 4.44
1997 4.30
1998 8.90
1999 4.03
2000 5.37
2001 6.00
2002 3.51
2003 5.13
2004 5.13
2005 3.57
2006 4.61
2007 8.36
2008 7.83
2009 -3.91
2010 3.69
2011 -0.34
2012 -2.68
2013 -6.51
2014 -1.75
2015 2.75
2016 4.09
2017 4.21
2018 4.83
2019 4.89
2020 -0.71

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Cyprus was 17,740,660,000 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 17,867,640,000 in 2019 and a minimum value of 1,958,087,000 in 1975.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1975 1,958,087,000
1976 2,278,819,000
1977 2,587,493,000
1978 2,797,999,000
1979 2,954,120,000
1980 3,140,251,000
1981 3,234,414,000
1982 3,548,501,000
1983 3,797,998,000
1984 3,963,403,000
1985 4,179,592,000
1986 4,268,966,000
1987 4,713,052,000
1988 5,184,130,000
1989 5,492,395,000
1990 6,095,111,000
1991 6,589,298,000
1992 6,972,440,000
1993 6,468,476,000
1994 6,872,413,000
1995 8,229,003,000
1996 8,594,096,000
1997 8,963,482,000
1998 9,761,473,000
1999 10,154,470,000
2000 10,699,600,000
2001 11,341,710,000
2002 11,739,450,000
2003 12,342,150,000
2004 12,975,340,000
2005 13,438,570,000
2006 14,057,730,000
2007 15,233,320,000
2008 16,425,850,000
2009 15,783,710,000
2010 16,365,730,000
2011 16,310,170,000
2012 15,873,460,000
2013 14,839,920,000
2014 14,579,660,000
2015 14,980,780,000
2016 15,594,130,000
2017 16,250,390,000
2018 17,034,850,000
2019 17,867,640,000
2020 17,740,660,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Cyprus was 83.67 as of 2020. Its highest value over the past 45 years was 98.68 in 1975, while its lowest value was 74.27 in 1995.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate 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
1975 98.68
1976 92.00
1977 89.72
1978 87.44
1979 81.01
1980 80.53
1981 80.11
1982 80.99
1983 82.49
1984 77.78
1985 77.88
1986 75.28
1987 76.14
1988 77.29
1989 75.50
1990 78.56
1991 84.17
1992 82.48
1993 76.35
1994 74.88
1995 74.27
1996 76.17
1997 77.30
1998 78.43
1999 77.41
2000 76.99
2001 77.54
2002 78.37
2003 78.80
2004 78.05
2005 78.08
2006 78.33
2007 80.38
2008 83.81
2009 82.47
2010 84.32
2011 84.90
2012 85.71
2013 85.49
2014 85.50
2015 83.70
2016 80.87
2017 79.77
2018 79.36
2019 79.47
2020 83.67

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts