Low income - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Low income was $407,940,000,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between $522,844,000,000 in 2010 and $112,875,000,000 in 1994.

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
1994 $112,875,000,000
1995 $127,443,000,000
1996 $139,758,000,000
1997 $148,028,000,000
1998 $155,838,000,000
1999 $157,073,000,000
2000 $176,085,000,000
2001 $169,072,000,000
2002 $181,793,000,000
2003 $200,355,000,000
2004 $235,465,000,000
2005 $280,763,000,000
2006 $322,911,000,000
2007 $394,272,000,000
2008 $478,233,000,000
2009 $491,055,000,000
2010 $522,844,000,000
2011 $342,997,000,000
2012 $336,898,000,000
2013 $345,889,000,000
2014 $354,226,000,000
2015 $348,448,000,000
2016 $327,980,000,000
2017 $346,606,000,000
2018 $372,709,000,000
2019 $393,689,000,000
2020 $407,940,000,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Low income was 432,168,000,000 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between 432,168,000,000 in 2020 and 169,548,000,000 in 1997.

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
1997 169,548,000,000
1998 179,039,000,000
1999 181,222,000,000
2000 181,957,000,000
2001 187,438,000,000
2002 195,629,000,000
2003 212,315,000,000
2004 228,578,000,000
2005 247,586,000,000
2006 251,721,000,000
2007 269,310,000,000
2008 283,483,000,000
2009 294,984,000,000
2010 314,144,000,000
2011 320,939,000,000
2012 321,446,000,000
2013 326,981,000,000
2014 339,940,000,000
2015 348,448,000,000
2016 357,224,000,000
2017 366,288,000,000
2018 376,211,000,000
2019 411,718,000,000
2020 432,168,000,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Low income was 4.97 as of 2020. As the graph below shows, over the past 22 years this indicator reached a maximum value of 9.44 in 2019 and a minimum value of 0.16 in 2012.

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
1998 5.60
1999 1.22
2000 0.41
2001 3.01
2002 4.37
2003 8.53
2004 7.66
2005 8.32
2006 1.67
2007 6.99
2008 5.26
2009 4.06
2010 6.50
2011 2.16
2012 0.16
2013 1.72
2014 3.96
2015 2.50
2016 2.52
2017 2.54
2018 2.71
2019 9.44
2020 4.97

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts