Guinea-Bissau - Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Guinea-Bissau was $1,168,309,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $1,174,671,000 in 2017 and $60,369,860 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 U.S. dollars.

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

See also:

Year Value
1970 $60,369,860
1971 $63,222,900
1972 $75,197,200
1973 $79,820,000
1974 $91,050,170
1975 $89,881,610
1976 $91,594,090
1977 $97,705,670
1978 $103,890,500
1979 $104,896,300
1981 $108,764,500
1982 $125,379,900
1983 $127,802,400
1984 $117,325,600
1985 $150,431,200
1986 $116,651,500
1987 $141,983,600
1988 $138,782,400
1989 $185,622,100
1990 $211,958,000
1991 $221,668,900
1992 $199,431,400
1993 $203,568,700
1994 $209,608,400
1995 $240,677,800
1996 $247,976,900
1997 $235,920,300
1998 $208,081,600
1999 $202,839,600
2000 $327,745,900
2001 $341,180,700
2002 $357,352,800
2003 $395,958,300
2004 $471,653,300
2005 $525,226,100
2006 $554,193,700
2007 $631,210,700
2008 $792,872,800
2009 $803,235,600
2010 $852,700,700
2011 $953,241,600
2012 $927,462,500
2013 $975,156,600
2014 $906,528,700
2015 $893,972,400
2016 $1,027,509,000
2017 $1,174,671,000
2018 $1,137,268,000
2019 $1,147,330,000
2020 $1,168,309,000

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts