India - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in India was 115,682,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 123,090,000,000,000 in 2019 and a minimum value of 154,086,000,000 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 154,086,000,000
1961 161,124,000,000
1962 169,691,000,000
1963 188,395,000,000
1964 221,787,000,000
1965 234,105,000,000
1966 272,646,000,000
1967 324,911,000,000
1968 325,062,000,000
1969 351,635,000,000
1970 373,059,000,000
1971 402,361,000,000
1972 443,471,000,000
1973 534,607,000,000
1974 647,707,000,000
1975 662,396,000,000
1976 688,675,000,000
1977 793,036,000,000
1978 862,485,000,000
1979 936,562,000,000
1980 1,144,830,000,000
1981 1,315,550,000,000
1982 1,452,250,000,000
1983 1,700,320,000,000
1984 1,881,440,000,000
1985 2,076,500,000,000
1986 2,329,140,000,000
1987 2,585,510,000,000
1988 3,010,670,000,000
1989 3,362,740,000,000
1990 3,864,260,000,000
1991 4,438,340,000,000
1992 5,004,430,000,000
1993 5,733,510,000,000
1994 6,662,850,000,000
1995 7,679,620,000,000
1996 9,004,261,000,000
1997 9,876,261,000,000
1998 11,308,800,000,000
1999 12,726,800,000,000
2000 13,639,400,000,000
2001 14,851,600,000,000
2002 15,710,900,000,000
2003 17,175,100,000,000
2004 18,592,700,000,000
2005 20,840,700,000,000
2006 23,872,700,000,000
2007 27,315,200,000,000
2008 31,252,500,000,000
2009 35,626,300,000,000
2010 41,779,500,000,000
2011 49,104,500,000,000
2012 56,144,800,000,000
2013 64,756,500,000,000
2014 72,473,400,000,000
2015 81,264,100,000,000
2016 91,265,300,000,000
2017 100,362,000,000,000
2018 112,221,000,000,000
2019 123,090,000,000,000
2020 115,682,000,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts