Denmark - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Denmark was 1,070,710,000,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 1,079,900,000,000 in 2019 and a minimum value of 47,808,290,000 in 1966.

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
1966 47,808,290,000
1967 52,943,420,000
1968 57,591,450,000
1969 63,899,230,000
1970 70,595,620,000
1971 76,177,340,000
1972 82,771,820,000
1973 97,407,050,000
1974 109,861,000,000
1975 125,339,000,000
1976 148,266,000,000
1977 165,451,000,000
1978 181,812,000,000
1979 201,214,000,000
1980 216,702,000,000
1981 239,374,000,000
1982 267,443,000,000
1983 290,850,000,000
1984 321,918,000,000
1985 348,811,000,000
1986 376,867,000,000
1987 386,375,000,000
1988 394,877,000,000
1989 415,150,000,000
1990 425,545,000,000
1991 444,579,000,000
1992 461,420,000,000
1993 462,317,000,000
1994 505,961,000,000
1995 523,965,000,000
1996 545,833,000,000
1997 572,395,000,000
1998 594,675,000,000
1999 605,199,000,000
2000 624,499,000,000
2001 640,633,000,000
2002 661,924,000,000
2003 678,795,000,000
2004 718,749,000,000
2005 757,948,000,000
2006 797,472,000,000
2007 825,725,000,000
2008 853,746,000,000
2009 834,887,000,000
2010 862,222,000,000
2011 884,899,000,000
2012 910,399,000,000
2013 920,344,000,000
2014 934,336,000,000
2015 959,357,000,000
2016 983,776,000,000
2017 1,016,650,000,000
2018 1,058,620,000,000
2019 1,079,900,000,000
2020 1,070,710,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts