Lebanon - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Lebanon was 50,818,500,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 60,167,400,000,000 in 2017 and a minimum value of 10,946,900,000,000 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 constant local currency.

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

Year Value
1990 10,946,900,000,000
1991 15,097,000,000,000
1992 23,387,300,000,000
1993 27,102,300,000,000
1994 27,546,400,000,000
1995 28,841,400,000,000
1996 29,689,400,000,000
1997 28,636,400,000,000
1998 29,180,500,000,000
1999 29,472,300,000,000
2000 29,884,900,000,000
2001 31,468,800,000,000
2002 32,255,500,000,000
2003 33,384,500,000,000
2004 35,299,300,000,000
2005 34,166,500,000,000
2006 35,259,800,000,000
2007 37,826,400,000,000
2008 41,422,400,000,000
2009 46,822,200,000,000
2010 50,937,800,000,000
2011 49,393,900,000,000
2012 54,169,800,000,000
2013 55,838,800,000,000
2014 58,284,200,000,000
2015 59,779,200,000,000
2016 60,136,800,000,000
2017 60,167,400,000,000
2018 59,534,800,000,000
2019 56,011,800,000,000
2020 50,818,500,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts