Israel - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Israel was 684,938,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 754,057,000,000 in 2019 and a minimum value of 65,449,370,000 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 constant local currency.

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

Year Value
1970 65,449,370,000
1971 68,970,770,000
1972 75,892,130,000
1973 82,267,070,000
1974 88,538,800,000
1975 88,526,650,000
1976 92,876,020,000
1977 97,584,160,000
1978 105,882,000,000
1979 114,352,000,000
1980 110,151,000,000
1981 124,510,000,000
1982 134,703,000,000
1983 146,447,000,000
1984 136,407,000,000
1985 138,159,000,000
1986 159,005,000,000
1987 173,161,000,000
1988 181,266,000,000
1989 182,262,000,000
1990 193,140,000,000
1991 207,142,000,000
1992 222,844,000,000
1993 238,900,000,000
1994 261,737,000,000
1995 283,828,000,000
1996 300,826,000,000
1997 313,010,000,000
1998 331,345,000,000
1999 345,452,000,000
2000 374,568,000,000
2001 389,216,000,000
2002 395,053,000,000
2003 395,638,000,000
2004 416,577,000,000
2005 430,679,000,000
2006 451,871,000,000
2007 488,096,000,000
2008 499,005,000,000
2009 504,983,000,000
2010 529,929,000,000
2011 552,788,000,000
2012 569,654,000,000
2013 589,589,000,000
2014 615,444,000,000
2015 637,339,000,000
2016 676,758,000,000
2017 700,889,000,000
2018 725,695,000,000
2019 754,057,000,000
2020 684,938,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts