Eritrea - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Eritrea was 31,168,920,000 as of 2011. As the graph below shows, over the past 19 years this indicator reached a maximum value of 31,168,920,000 in 2011 and a minimum value of 2,273,100,000 in 1992.

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
1992 2,273,100,000
1993 2,281,300,000
1994 3,268,900,000
1995 3,489,900,000
1996 4,048,300,000
1997 4,694,600,000
1998 4,425,880,000
1999 3,905,873,000
2000 4,877,921,000
2001 6,172,223,000
2002 8,533,111,000
2003 10,625,300,000
2004 14,854,710,000
2005 15,732,810,000
2006 17,105,970,000
2007 17,165,030,000
2008 17,534,220,000
2009 25,560,530,000
2010 27,789,550,000
2011 31,168,920,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts