India - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in India was 75,609,900,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 83,217,000,000,000 in 2019 and a minimum value of 6,024,060,000,000 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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 6,024,060,000,000
1961 6,126,760,000,000
1962 6,206,580,000,000
1963 6,437,460,000,000
1964 6,822,020,000,000
1965 6,828,060,000,000
1966 6,916,800,000,000
1967 7,308,110,000,000
1968 7,500,090,000,000
1969 7,778,650,000,000
1970 8,042,810,000,000
1971 8,199,300,000,000
1972 8,254,230,000,000
1973 8,456,790,000,000
1974 8,450,410,000,000
1975 8,930,300,000,000
1976 9,108,370,000,000
1977 9,851,091,000,000
1978 10,453,200,000,000
1979 10,218,700,000,000
1980 11,138,500,000,000
1981 11,622,800,000,000
1982 11,739,100,000,000
1983 12,650,200,000,000
1984 13,014,900,000,000
1985 13,558,000,000,000
1986 13,985,900,000,000
1987 14,465,200,000,000
1988 15,368,100,000,000
1989 16,130,700,000,000
1990 16,851,200,000,000
1991 17,214,700,000,000
1992 17,658,700,000,000
1993 18,426,300,000,000
1994 19,321,800,000,000
1995 20,498,100,000,000
1996 22,091,600,000,000
1997 22,752,000,000,000
1998 24,231,200,000,000
1999 25,704,300,000,000
2000 26,588,400,000,000
2001 28,171,200,000,000
2002 28,979,800,000,000
2003 30,697,000,000,000
2004 32,284,400,000,000
2005 34,691,400,000,000
2006 36,403,700,000,000
2007 39,054,400,000,000
2008 40,793,200,000,000
2009 42,833,200,000,000
2010 45,711,800,000,000
2011 49,104,500,000,000
2012 51,790,900,000,000
2013 55,573,300,000,000
2014 59,126,600,000,000
2015 63,814,200,000,000
2016 69,002,400,000,000
2017 73,307,300,000,000
2018 78,844,200,000,000
2019 83,217,000,000,000
2020 75,609,900,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts