Hungary - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Hungary was 20,529,500,000,000 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 20,815,100,000,000 in 2019 and a minimum value of 11,644,300,000,000 in 1996.

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
1991 12,070,500,000,000
1992 12,284,400,000,000
1993 12,822,100,000,000
1994 12,880,300,000,000
1995 11,935,900,000,000
1996 11,644,300,000,000
1997 11,881,100,000,000
1998 12,455,400,000,000
1999 13,284,200,000,000
2000 13,696,200,000,000
2001 14,317,700,000,000
2002 15,446,400,000,000
2003 16,748,200,000,000
2004 17,085,300,000,000
2005 17,574,000,000,000
2006 17,846,300,000,000
2007 18,031,700,000,000
2008 17,802,200,000,000
2009 16,606,000,000,000
2010 16,402,200,000,000
2011 16,541,700,000,000
2012 16,169,200,000,000
2013 16,144,500,000,000
2014 16,532,600,000,000
2015 17,157,500,000,000
2016 17,963,400,000,000
2017 18,861,500,000,000
2018 19,823,900,000,000
2019 20,815,100,000,000
2020 20,529,500,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts