Ireland - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Ireland was 93,418,550,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 104,588,000,000 in 2019 and a minimum value of 1,621,218,000 in 1970.

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 1,621,218,000
1971 1,831,715,000
1972 2,111,942,000
1973 2,525,091,000
1974 2,969,764,000
1975 3,532,832,000
1976 4,361,019,000
1977 5,314,429,000
1978 6,259,558,000
1979 7,511,063,000
1980 8,945,174,000
1981 10,880,610,000
1982 11,623,090,000
1983 12,803,850,000
1984 14,021,070,000
1985 15,395,180,000
1986 16,423,550,000
1987 17,380,140,000
1988 18,856,690,000
1989 20,903,140,000
1990 21,637,290,000
1991 22,618,040,000
1992 23,959,640,000
1993 25,188,830,000
1994 26,996,980,000
1995 28,698,350,000
1996 31,716,950,000
1997 34,835,650,000
1998 39,065,090,000
1999 44,030,920,000
2000 50,909,700,000
2001 55,639,390,000
2002 60,602,390,000
2003 64,730,250,000
2004 68,387,270,000
2005 74,312,740,000
2006 81,029,230,000
2007 89,055,860,000
2008 90,610,450,000
2009 80,141,440,000
2010 79,222,530,000
2011 78,975,200,000
2012 79,331,840,000
2013 80,630,560,000
2014 83,398,100,000
2015 86,507,410,000
2016 91,159,860,000
2017 93,914,750,000
2018 99,338,880,000
2019 104,588,000,000
2020 93,418,550,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts