Gabon - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Gabon was 3,702,410,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 3,724,760,000,000 in 2019 and a minimum value of 32,800,020,000 in 1970.

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
1970 32,800,020,000
1971 37,100,110,000
1972 36,199,930,000
1973 73,599,970,000
1974 91,800,010,000
1975 108,600,000,000
1976 118,300,000,000
1977 162,200,000,000
1978 196,600,000,000
1979 218,600,000,000
1980 236,400,000,000
1981 280,600,000,000
1982 325,100,000,000
1983 385,500,000,000
1984 464,800,000,000
1985 484,700,000,000
1986 558,300,000,000
1987 509,000,000,000
1988 545,900,000,000
1989 733,500,000,000
1990 806,100,000,000
1991 678,022,000,000
1992 734,517,000,000
1993 740,594,000,000
1994 1,001,110,000,000
1995 1,021,990,000,000
1996 1,140,350,000,000
1997 1,046,390,000,000
1998 1,232,740,000,000
1999 1,228,420,000,000
2000 1,160,950,000,000
2001 1,326,920,000,000
2002 1,381,130,000,000
2003 1,409,140,000,000
2004 1,440,170,000,000
2005 1,517,420,000,000
2006 1,625,140,000,000
2007 1,760,000,000,000
2008 1,880,590,000,000
2009 1,997,160,000,000
2010 2,179,140,000,000
2011 2,366,250,000,000
2012 2,581,310,000,000
2013 2,805,600,000,000
2014 3,100,080,000,000
2015 3,217,570,000,000
2016 3,360,760,000,000
2017 3,464,940,000,000
2018 3,617,740,000,000
2019 3,724,760,000,000
2020 3,702,410,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts