Denmark - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Denmark was 1,039,010,000,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 1,052,910,000,000 in 2019 and a minimum value of 397,666,000,000 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 constant local currency.

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

Year Value
1966 397,666,000,000
1967 424,427,000,000
1968 439,671,000,000
1969 464,795,000,000
1970 476,327,000,000
1971 480,322,000,000
1972 480,567,000,000
1973 516,931,000,000
1974 505,210,000,000
1975 521,085,000,000
1976 560,824,000,000
1977 571,950,000,000
1978 581,839,000,000
1979 587,843,000,000
1980 574,690,000,000
1981 567,472,000,000
1982 575,463,000,000
1983 586,469,000,000
1984 607,096,000,000
1985 634,350,000,000
1986 679,577,000,000
1987 666,640,000,000
1988 654,423,000,000
1989 656,505,000,000
1990 661,763,000,000
1991 672,500,000,000
1992 689,753,000,000
1993 683,815,000,000
1994 729,345,000,000
1995 741,590,000,000
1996 759,796,000,000
1997 782,177,000,000
1998 800,577,000,000
1999 799,618,000,000
2000 802,710,000,000
2001 804,544,000,000
2002 816,177,000,000
2003 827,067,000,000
2004 865,503,000,000
2005 897,511,000,000
2006 923,968,000,000
2007 940,313,000,000
2008 944,924,000,000
2009 912,493,000,000
2010 919,644,000,000
2011 922,180,000,000
2012 926,905,000,000
2013 929,495,000,000
2014 937,966,000,000
2015 959,357,000,000
2016 982,598,000,000
2017 1,005,080,000,000
2018 1,040,160,000,000
2019 1,052,910,000,000
2020 1,039,010,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts