Hong Kong SAR, China - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Hong Kong SAR, China was 1,788,290,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,973,440,000,000 in 2019 and a minimum value of 5,029,547,000 in 1960.

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
1960 5,029,547,000
1961 5,762,000,000
1962 6,440,000,000
1963 7,109,000,000
1964 7,845,000,000
1965 8,842,000,000
1966 10,025,000,000
1967 10,711,000,000
1968 11,871,000,000
1969 13,421,000,000
1970 15,304,000,000
1971 17,663,000,000
1972 20,404,000,000
1973 27,116,000,000
1974 30,800,000,000
1975 32,464,000,000
1976 36,942,000,000
1977 44,971,000,000
1978 55,378,000,000
1979 68,251,000,000
1980 86,233,000,000
1981 103,722,000,000
1982 119,980,000,000
1983 139,352,000,000
1984 159,288,000,000
1985 170,924,000,000
1986 193,870,000,000
1987 225,960,000,000
1988 263,832,000,000
1989 298,779,000,000
1990 344,302,000,000
1991 408,921,000,000
1992 476,197,000,000
1993 544,898,000,000
1994 628,944,000,000
1995 695,612,000,000
1996 760,205,000,000
1997 839,136,000,000
1998 803,619,000,000
1999 774,701,000,000
2000 784,323,000,000
2001 787,594,000,000
2002 752,801,000,000
2003 722,961,000,000
2004 771,443,000,000
2005 811,654,000,000
2006 868,691,000,000
2007 982,368,000,000
2008 1,026,480,000,000
2009 1,013,620,000,000
2010 1,090,230,000,000
2011 1,224,400,000,000
2012 1,314,970,000,000
2013 1,413,060,000,000
2014 1,502,770,000,000
2015 1,593,090,000,000
2016 1,649,940,000,000
2017 1,784,150,000,000
2018 1,936,120,000,000
2019 1,973,440,000,000
2020 1,788,290,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts