Iraq - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Iraq was 81,073,100,000,000 as of 2019. As the graph below shows, over the past 12 years this indicator reached a maximum value of 81,073,100,000,000 in 2019 and a minimum value of 42,963,000,000,000 in 2007.

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
2007 42,963,000,000,000
2008 43,596,100,000,000
2009 55,888,700,000,000
2010 57,588,800,000,000
2011 57,741,100,000,000
2012 72,327,900,000,000
2013 73,698,700,000,000
2014 78,734,200,000,000
2015 74,418,400,000,000
2016 76,762,200,000,000
2017 78,080,200,000,000
2018 79,844,000,000,000
2019 81,073,100,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts