Malaysia - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Malaysia was 861,758,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 904,158,000,000 in 2019 and a minimum value of 3,634,000,000 in 1960.

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
1960 3,634,000,000
1961 3,838,000,000
1962 4,086,000,000
1963 4,899,000,000
1964 5,131,000,000
1965 5,446,000,000
1966 5,761,000,000
1967 6,221,000,000
1968 6,423,000,000
1969 6,723,000,000
1970 7,095,000,000
1971 7,911,000,000
1972 8,613,000,000
1973 10,308,000,000
1974 12,776,000,000
1975 13,086,000,000
1976 14,715,000,000
1977 16,812,000,000
1978 19,584,000,000
1979 22,406,000,000
1980 26,946,000,000
1981 30,594,000,000
1982 33,226,000,000
1983 36,458,000,000
1984 39,594,000,000
1985 40,283,000,000
1986 36,499,000,000
1987 39,063,000,000
1988 45,444,000,000
1989 52,619,000,000
1990 61,687,000,000
1991 70,501,000,000
1992 75,749,000,000
1993 83,144,000,000
1994 94,088,000,000
1995 106,613,000,000
1996 116,794,000,000
1997 127,783,000,000
1998 117,718,000,000
1999 125,056,000,000
2000 155,941,000,000
2001 162,618,000,000
2002 172,485,000,000
2003 186,674,000,000
2004 208,571,000,000
2005 240,188,000,000
2006 264,584,000,000
2007 300,418,000,000
2008 344,215,000,000
2009 348,168,000,000
2010 395,246,000,000
2011 437,340,000,000
2012 482,238,000,000
2013 527,749,000,000
2014 579,985,000,000
2015 635,099,000,000
2016 684,681,000,000
2017 760,146,000,000
2018 831,388,000,000
2019 904,158,000,000
2020 861,758,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts