Dominican Republic - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Dominican Republic was 3,106,020,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 3,106,020,000,000 in 2020 and a minimum value of 471,500,100 in 1960.

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
1960 471,500,100
1961 483,100,200
1962 620,500,000
1963 706,700,100
1964 782,100,300
1965 689,800,000
1966 787,700,000
1967 831,100,000
1968 876,500,000
1969 970,200,000
1970 1,177,337,000
1971 1,361,406,000
1972 1,484,931,000
1973 1,736,547,000
1974 2,224,775,000
1975 2,615,761,000
1976 3,189,756,000
1977 3,728,679,000
1978 3,845,300,000
1979 4,220,634,000
1980 5,519,883,000
1981 5,710,238,000
1982 6,575,025,000
1983 7,293,007,000
1984 9,610,092,000
1985 12,595,440,000
1986 13,634,060,000
1987 17,957,520,000
1988 24,844,010,000
1989 33,674,310,000
1990 49,270,130,000
1991 102,636,000,000
1992 122,180,000,000
1993 132,418,000,000
1994 145,670,000,000
1995 168,209,000,000
1996 182,630,000,000
1997 209,196,000,000
1998 229,110,000,000
1999 250,074,000,000
2000 281,966,000,000
2001 300,954,000,000
2002 335,857,000,000
2003 453,213,000,000
2004 663,061,000,000
2005 781,476,000,000
2006 903,197,000,000
2007 1,033,940,000,000
2008 1,221,280,000,000
2009 1,289,380,000,000
2010 1,474,340,000,000
2011 1,685,670,000,000
2012 1,790,480,000,000
2013 1,917,030,000,000
2014 2,095,050,000,000
2015 2,273,360,000,000
2016 2,458,270,000,000
2017 2,640,950,000,000
2018 2,892,980,000,000
2019 3,093,210,000,000
2020 3,106,020,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts