Lebanon - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Lebanon was 120,235,000,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 120,235,000,000,000 in 2020 and a minimum value of 2,305,550,000,000 in 1990.

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
1990 2,305,550,000,000
1991 4,584,320,000,000
1992 11,797,200,000,000
1993 15,903,200,000,000
1994 16,981,500,000,000
1995 19,512,700,000,000
1996 20,058,500,000,000
1997 21,041,000,000,000
1998 21,466,000,000,000
1999 21,742,000,000,000
2000 21,878,000,000,000
2001 22,333,000,000,000
2002 23,962,000,000,000
2003 25,680,000,000,000
2004 26,586,000,000,000
2005 26,576,700,000,000
2006 28,158,400,000,000
2007 32,066,900,000,000
2008 38,690,100,000,000
2009 44,920,700,000,000
2010 50,937,800,000,000
2011 54,170,300,000,000
2012 61,387,800,000,000
2013 65,303,200,000,000
2014 68,640,000,000,000
2015 68,553,800,000,000
2016 68,652,400,000,000
2017 72,343,800,000,000
2018 75,553,000,000,000
2019 74,100,800,000,000
2020 120,235,000,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts