Kiribati - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Kiribati was 166,460,800 as of 2018. As the graph below shows, over the past 10 years this indicator reached a maximum value of 179,059,200 in 2017 and a minimum value of 126,486,800 in 2010.

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.

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts