Ecuador - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Ecuador was 41,498,190,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 44,615,590,000 in 2019 and a minimum value of 5,113,820,000 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 constant local currency.

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

Year Value
1960 5,113,820,000
1961 5,384,275,000
1962 5,749,305,000
1963 5,915,830,000
1964 6,423,912,000
1965 6,586,526,000
1966 6,632,800,000
1967 6,853,378,000
1968 7,179,543,000
1969 7,570,704,000
1970 8,225,326,000
1971 8,652,315,000
1972 8,475,469,000
1973 8,890,552,000
1974 10,295,240,000
1975 11,745,630,000
1976 12,605,690,000
1977 13,074,280,000
1978 13,374,160,000
1979 14,432,130,000
1980 15,564,000,000
1981 16,711,280,000
1982 17,239,450,000
1983 16,597,200,000
1984 16,898,500,000
1985 17,579,850,000
1986 17,623,000,000
1987 18,746,550,000
1988 18,224,860,000
1989 18,251,100,000
1990 19,371,510,000
1991 20,154,880,000
1992 20,362,670,000
1993 21,007,350,000
1994 21,948,070,000
1995 22,822,550,000
1996 23,111,180,000
1997 24,488,300,000
1998 26,174,030,000
1999 22,981,750,000
2000 23,166,540,000
2001 24,899,400,000
2002 26,661,340,000
2003 27,461,590,000
2004 29,228,970,000
2005 30,523,140,000
2006 31,851,530,000
2007 33,201,280,000
2008 34,994,860,000
2009 34,648,400,000
2010 37,320,630,000
2011 39,234,630,000
2012 40,361,880,000
2013 41,942,280,000
2014 43,088,840,000
2015 43,049,250,000
2016 42,011,570,000
2017 43,577,560,000
2018 44,487,040,000
2019 44,615,590,000
2020 41,498,190,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts