Guinea - Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Guinea was 20,544,240,000 as of 2020. Over the past 16 years, the value for this indicator has fluctuated between 23,969,090,000 in 2019 and 10,660,570,000 in 2004.

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
2004 10,660,570,000
2005 11,051,670,000
2006 14,408,440,000
2007 15,730,160,000
2008 15,262,370,000
2009 15,411,280,000
2010 14,118,760,000
2011 14,087,010,000
2012 15,433,520,000
2013 16,560,000,000
2014 16,599,180,000
2015 17,910,540,000
2016 20,299,140,000
2017 21,596,390,000
2018 22,679,410,000
2019 23,969,090,000
2020 20,544,240,000

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity