Cyprus - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Cyprus was 13,725,140,000 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 14,571,940,000 in 2019 and a minimum value of 356,585,100 in 1975.

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
1975 356,585,100
1976 431,763,600
1977 547,435,900
1978 643,459,300
1979 734,186,000
1980 868,653,000
1981 980,395,500
1982 1,158,432,000
1983 1,308,447,000
1984 1,454,874,000
1985 1,615,995,000
1986 1,673,063,000
1987 1,810,776,000
1988 2,067,750,000
1989 2,295,164,000
1990 2,673,449,000
1991 3,002,867,000
1992 3,363,724,000
1993 3,327,672,000
1994 3,631,803,000
1995 4,749,695,000
1996 5,028,957,000
1997 5,234,633,000
1998 5,650,568,000
1999 5,970,739,000
2000 6,558,683,000
2001 7,032,860,000
2002 7,335,291,000
2003 7,821,876,000
2004 8,518,428,000
2005 9,126,239,000
2006 9,829,075,000
2007 11,195,400,000
2008 12,689,770,000
2009 11,895,440,000
2010 12,771,030,000
2011 13,032,850,000
2012 13,005,130,000
2013 12,064,190,000
2014 11,976,190,000
2015 12,045,040,000
2016 12,421,140,000
2017 13,149,230,000
2018 14,000,730,000
2019 14,571,940,000
2020 13,725,140,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts