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

The value for Household final consumption expenditure (constant LCU) in Hong Kong SAR, China was 1,777,710,000,000 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 1,989,350,000,000 in 2018 and a minimum value of 59,865,000,000 in 1961.

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
1961 59,865,000,000
1962 66,282,000,000
1963 72,769,000,000
1964 79,238,000,000
1965 89,566,000,000
1966 100,464,000,000
1967 101,879,000,000
1968 112,089,000,000
1969 121,752,000,000
1970 134,566,000,000
1971 151,881,000,000
1972 163,410,000,000
1973 184,950,000,000
1974 181,619,000,000
1975 188,361,000,000
1976 202,559,000,000
1977 236,425,000,000
1978 276,803,000,000
1979 302,964,000,000
1980 339,842,000,000
1981 365,682,000,000
1982 384,818,000,000
1983 414,541,000,000
1984 438,804,000,000
1985 457,896,000,000
1986 497,168,000,000
1987 550,106,000,000
1988 601,654,000,000
1989 624,680,000,000
1990 663,797,000,000
1991 725,254,000,000
1992 787,494,000,000
1993 849,285,000,000
1994 904,478,000,000
1995 919,213,000,000
1996 953,453,000,000
1997 1,006,270,000,000
1998 950,964,000,000
1999 960,906,000,000
2000 1,004,300,000,000
2001 1,018,360,000,000
2002 1,007,710,000,000
2003 992,013,000,000
2004 1,062,720,000,000
2005 1,100,380,000,000
2006 1,167,450,000,000
2007 1,268,410,000,000
2008 1,292,510,000,000
2009 1,294,820,000,000
2010 1,373,990,000,000
2011 1,489,300,000,000
2012 1,550,400,000,000
2013 1,622,030,000,000
2014 1,676,200,000,000
2015 1,756,020,000,000
2016 1,791,060,000,000
2017 1,889,390,000,000
2018 1,989,350,000,000
2019 1,973,440,000,000
2020 1,777,710,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts