Georgia - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Georgia was $12,791,830,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $13,613,130,000 in 2014 and $2,272,353,000 in 1999.

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 U.S. dollars.

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

See also:

Year Value
1990 $5,220,691,000
1991 $4,172,185,000
1992 $3,133,811,000
1993 $3,052,335,000
1994 $3,491,299,000
1995 $2,744,511,000
1996 $3,259,475,000
1997 $3,581,801,000
1998 $3,039,730,000
1999 $2,272,353,000
2000 $2,767,410,000
2001 $2,558,593,000
2002 $2,642,417,000
2003 $3,205,574,000
2004 $3,955,186,000
2005 $4,686,821,000
2006 $6,602,786,000
2007 $8,098,893,000
2008 $10,938,490,000
2009 $9,625,681,000
2010 $9,940,976,000
2011 $12,424,610,000
2012 $13,094,590,000
2013 $13,261,630,000
2014 $13,613,130,000
2015 $11,433,660,000
2016 $10,563,780,000
2017 $11,344,330,000
2018 $12,197,860,000
2019 $12,330,580,000
2020 $12,791,830,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Georgia was 39,769,790,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 39,769,790,000 in 2020 and a minimum value of 6,300 in 1980.

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
1980 6,300
1981 6,800
1982 6,900
1983 7,000
1984 7,400
1985 7,900
1986 7,900
1987 8,100
1988 8,700
1989 9,000
1990 10,100
1991 12,600
1992 126,700
1993 18,528,500
1994 1,253,127,000
1995 2,478,052,000
1996 4,074,167,000
1997 4,647,387,000
1998 4,224,667,000
1999 4,600,415,000
2000 5,469,786,000
2001 5,303,964,000
2002 5,801,956,000
2003 6,878,200,000
2004 7,581,300,000
2005 8,495,800,000
2006 11,755,600,000
2007 13,529,200,000
2008 16,307,100,000
2009 16,079,700,000
2010 17,717,800,000
2011 20,954,100,000
2012 21,623,100,000
2013 22,059,400,000
2014 24,036,700,000
2015 25,946,400,000
2016 25,001,300,000
2017 28,468,600,000
2018 30,910,600,000
2019 34,748,800,000
2020 39,769,790,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Georgia was 14,293,830,000 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 14,293,830,000 in 2020 and 8,952,663,000 in 2010.

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 2010 U.S. dollars.

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

See also:

Year Value
2010 8,952,663,000
2011 9,754,543,000
2012 10,161,850,000
2013 10,420,260,000
2014 11,016,210,000
2015 11,433,660,000
2016 10,786,980,000
2017 11,583,790,000
2018 12,256,950,000
2019 13,141,130,000
2020 14,293,830,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Georgia was 8.77 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 8.96 in 2011 and a minimum value of -5.66 in 2016.

Definition: Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
2011 8.96
2012 4.18
2013 2.54
2014 5.72
2015 3.79
2016 -5.66
2017 7.39
2018 5.81
2019 7.21
2020 8.77

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Georgia was 32,436,870,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 32,436,870,000 in 2020 and a minimum value of 20,316,200,000 in 2010.

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
2010 20,316,200,000
2011 22,135,900,000
2012 23,060,200,000
2013 23,646,600,000
2014 24,999,000,000
2015 25,946,300,000
2016 24,478,800,000
2017 26,287,000,000
2018 27,814,600,000
2019 29,821,060,000
2020 32,436,870,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Georgia was 40,119,050,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between 40,119,050,000 in 2020 and 7,617,567,000 in 1995.

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 converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1994 9,844,038,000
1995 7,617,567,000
1996 9,250,417,000
1997 10,083,880,000
1998 8,988,360,000
1999 8,391,419,000
2000 9,911,325,000
2001 9,443,713,000
2002 9,938,863,000
2003 11,949,860,000
2004 12,800,010,000
2005 13,700,760,000
2006 17,926,960,000
2007 19,424,440,000
2008 22,101,580,000
2009 21,347,120,000
2010 22,320,560,000
2011 25,087,700,000
2012 28,279,600,000
2013 28,258,050,000
2014 29,889,070,000
2015 30,715,760,000
2016 29,080,820,000
2017 30,787,660,000
2018 33,372,340,000
2019 36,428,260,000
2020 40,119,050,000

Household final consumption expenditure, PPP (constant 2011 international $)

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Georgia was 37,990,460,000 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 37,990,460,000 in 2020 and 23,794,590,000 in 2010.

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 converted to constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2010 23,794,590,000
2011 25,925,840,000
2012 27,008,390,000
2013 27,695,190,000
2014 29,279,140,000
2015 30,388,630,000
2016 28,669,870,000
2017 30,787,660,000
2018 32,576,800,000
2019 34,926,800,000
2020 37,990,460,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Georgia was 80.72 as of 2020. Its highest value over the past 40 years was 138.88 in 1994, while its lowest value was 52.86 in 1984.

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. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

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

See also:

Year Value
1980 55.75
1981 55.28
1982 53.08
1983 53.03
1984 52.86
1985 56.43
1986 57.66
1987 57.04
1988 59.59
1989 62.50
1990 67.33
1991 65.63
1992 84.92
1993 113.00
1994 138.88
1995 101.89
1996 105.32
1997 102.03
1998 84.12
1999 81.15
2000 90.51
2001 79.47
2002 77.82
2003 80.31
2004 77.17
2005 73.11
2006 85.25
2007 79.61
2008 85.49
2009 89.40
2010 81.19
2011 82.24
2012 79.42
2013 77.15
2014 77.23
2015 76.46
2016 69.77
2017 69.84
2018 69.31
2019 70.55
2020 80.72

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts