Jamaica - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Jamaica was $12,399,320,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $15,064,650,000 in 2012 and $533,352,400 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

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

See also:

Year Value
1960 $533,352,400
1961 $553,916,500
1962 $585,490,700
1963 $618,838,300
1964 $707,501,200
1965 $749,265,000
1966 $772,084,500
1967 $820,629,600
1968 $762,630,500
1969 $852,274,100
1970 $1,020,521,000
1971 $1,155,379,000
1972 $1,517,915,000
1973 $1,488,143,000
1974 $2,040,370,000
1975 $2,419,316,000
1976 $2,688,153,000
1977 $2,807,392,000
1978 $2,161,395,000
1979 $1,978,978,000
1980 $2,252,554,000
1981 $2,631,133,000
1982 $2,955,316,000
1983 $3,079,029,000
1984 $1,967,891,000
1985 $1,796,298,000
1986 $2,206,360,000
1987 $2,597,281,000
1988 $3,083,045,000
1989 $3,619,730,000
1990 $3,578,675,000
1991 $3,180,119,000
1992 $2,677,095,000
1993 $3,776,044,000
1994 $4,146,993,000
1995 $5,251,536,000
1996 $6,038,616,000
1997 $6,897,400,000
1998 $7,469,850,000
1999 $7,544,687,000
2000 $7,966,743,000
2001 $8,074,715,000
2002 $8,648,481,000
2003 $8,362,374,000
2004 $8,929,575,000
2005 $10,456,670,000
2006 $10,982,940,000
2007 $12,187,240,000
2008 $14,441,520,000
2009 $11,741,060,000
2010 $12,961,860,000
2011 $14,682,740,000
2012 $15,064,650,000
2013 $14,385,150,000
2014 $13,865,580,000
2015 $13,468,460,000
2016 $12,886,210,000
2017 $13,576,470,000
2018 $14,085,150,000
2019 $14,211,180,000
2020 $12,399,320,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Jamaica was 1,765,700,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,894,520,000,000 in 2019 and a minimum value of 380,973,600 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

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

Year Value
1960 380,973,600
1961 395,662,600
1962 418,216,000
1963 442,036,200
1964 505,368,100
1965 535,200,000
1966 551,500,000
1967 594,300,000
1968 635,500,000
1969 710,200,000
1970 850,400,000
1971 962,200,000
1972 1,165,000,000
1973 1,342,900,000
1974 1,854,900,000
1975 2,199,400,000
1976 2,443,800,000
1977 2,552,200,000
1978 3,054,700,000
1979 3,492,500,000
1980 4,012,700,000
1981 4,687,100,000
1982 5,264,600,000
1983 5,949,300,000
1984 7,759,000,000
1985 9,984,900,000
1986 12,086,000,000
1987 14,250,500,000
1988 16,921,600,000
1989 20,793,900,000
1990 25,709,200,000
1991 38,530,000,000
1992 61,466,900,000
1993 94,207,000,000
1994 137,207,000,000
1995 184,550,000,000
1996 224,151,000,000
1997 244,199,000,000
1998 273,023,000,000
1999 294,571,000,000
2000 342,456,000,000
2001 371,407,000,000
2002 418,724,000,000
2003 482,851,000,000
2004 546,465,000,000
2005 651,249,000,000
2006 722,061,000,000
2007 843,262,000,000
2008 1,050,710,000,000
2009 1,031,970,000,000
2010 1,130,220,000,000
2011 1,261,150,000,000
2012 1,336,990,000,000
2013 1,444,240,000,000
2014 1,538,170,000,000
2015 1,575,400,000,000
2016 1,612,000,000,000
2017 1,737,310,000,000
2018 1,815,170,000,000
2019 1,894,520,000,000
2020 1,765,700,000,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Jamaica was 12,474,140,000 as of 2020. Over the past 13 years, the value for this indicator has fluctuated between 15,147,850,000 in 2008 and 12,474,140,000 in 2020.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
2007 14,732,990,000
2008 15,147,850,000
2009 13,578,580,000
2010 13,441,890,000
2011 13,840,550,000
2012 13,729,380,000
2013 13,589,680,000
2014 13,483,130,000
2015 13,468,460,000
2016 13,478,000,000
2017 13,626,230,000
2018 13,734,920,000
2019 13,891,020,000
2020 12,474,140,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Jamaica was -10.20 as of 2020. As the graph below shows, over the past 12 years this indicator reached a maximum value of 2.97 in 2011 and a minimum value of -10.36 in 2009.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

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

See also:

Year Value
2008 2.82
2009 -10.36
2010 -1.01
2011 2.97
2012 -0.80
2013 -1.02
2014 -0.78
2015 -0.11
2016 0.07
2017 1.10
2018 0.80
2019 1.14
2020 -10.20

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Jamaica was 713,974,000,000 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 867,007,000,000 in 2008 and a minimum value of 713,974,000,000 in 2020.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

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

Year Value
2007 843,262,000,000
2008 867,007,000,000
2009 777,188,000,000
2010 769,364,000,000
2011 792,182,000,000
2012 785,819,000,000
2013 777,823,000,000
2014 771,725,000,000
2015 770,885,000,000
2016 771,431,000,000
2017 779,915,000,000
2018 786,136,000,000
2019 795,071,000,000
2020 713,974,000,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Jamaica was 89.77 as of 2020. Its highest value over the past 60 years was 105.34 in 2008, while its lowest value was 69.41 in 1993.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

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

See also:

Year Value
1960 76.30
1961 74.05
1962 75.28
1963 74.86
1964 78.79
1965 77.07
1966 70.40
1967 71.48
1968 70.36
1969 71.54
1970 72.65
1971 75.03
1972 80.95
1973 78.08
1974 85.91
1975 84.58
1976 90.63
1977 86.39
1978 81.73
1979 81.61
1980 84.07
1981 88.32
1982 89.73
1983 85.07
1984 82.91
1985 85.53
1986 80.10
1987 79.02
1988 80.53
1989 82.17
1990 77.93
1991 77.45
1992 75.72
1993 69.41
1994 76.06
1995 79.84
1996 81.67
1997 82.11
1998 85.01
1999 84.90
2000 88.47
2001 87.82
2002 88.99
2003 88.68
2004 87.76
2005 93.00
2006 92.06
2007 95.22
2008 105.34
2009 96.87
2010 98.04
2011 101.65
2012 101.74
2013 100.85
2014 99.76
2015 94.92
2016 91.54
2017 91.68
2018 89.54
2019 89.77
2020 89.77

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts