Iraq - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Iraq was 118,657,000,000,000 as of 2019. As the graph below shows, over the past 49 years this indicator reached a maximum value of 118,657,000,000,000 in 2019 and a minimum value of 509,700,000 in 1973.

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
1970 577,700,000
1971 642,900,000
1972 623,000,000
1973 509,700,000
1974 697,400,000
1975 1,440,200,000
1976 1,784,700,000
1977 2,574,200,000
1978 2,628,900,000
1979 2,971,800,000
1980 3,601,900,000
1981 4,156,200,000
1982 6,035,600,000
1983 6,848,400,000
1984 7,815,200,000
1985 8,098,700,000
1986 8,397,700,000
1987 9,204,400,000
1988 10,101,400,000
1989 15,984,800,000
1990 25,295,000,000
1991 40,026,300,000
1992 63,339,200,000
1993 100,234,000,000
1994 563,758,000,000
1995 2,784,330,000,000
1996 2,394,360,000,000
1997 4,637,830,000,000
1998 5,451,850,000,000
1999 6,297,980,000,000
2000 6,799,170,000,000
2001 8,123,670,000,000
2002 9,956,630,000,000
2003 13,616,500,000,000
2004 19,538,800,000,000
2005 27,593,200,000,000
2006 35,526,300,000,000
2007 42,963,000,000,000
2008 49,091,400,000,000
2009 68,256,200,000,000
2010 72,026,300,000,000
2011 76,260,300,000,000
2012 101,300,000,000,000
2013 105,697,000,000,000
2014 112,036,000,000,000
2015 108,397,000,000,000
2016 111,918,000,000,000
2017 114,058,000,000,000
2018 117,082,000,000,000
2019 118,657,000,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts