Malaysia - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Malaysia was 799,447,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 835,711,000,000 in 2019 and a minimum value of 27,882,080,000 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 constant local currency.

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

Year Value
1960 27,882,080,000
1961 29,648,820,000
1962 31,094,670,000
1963 32,107,840,000
1964 33,802,470,000
1965 35,616,080,000
1966 36,971,790,000
1967 37,339,560,000
1968 37,920,060,000
1969 40,368,260,000
1970 41,734,780,000
1971 44,301,970,000
1972 46,638,400,000
1973 50,723,530,000
1974 55,288,220,000
1975 54,963,720,000
1976 58,100,580,000
1977 63,992,130,000
1978 70,612,010,000
1979 78,234,240,000
1980 88,138,810,000
1981 92,613,360,000
1982 95,660,080,000
1983 98,706,820,000
1984 105,074,000,000
1985 105,435,000,000
1986 94,881,280,000
1987 96,835,510,000
1988 108,224,000,000
1989 122,641,000,000
1990 137,220,000,000
1991 149,632,000,000
1992 156,596,000,000
1993 166,388,000,000
1994 182,010,000,000
1995 203,227,000,000
1996 217,179,000,000
1997 226,540,000,000
1998 203,351,000,000
1999 209,167,000,000
2000 236,418,000,000
2001 243,576,000,000
2002 253,007,000,000
2003 273,535,000,000
2004 300,475,000,000
2005 327,847,000,000
2006 349,518,000,000
2007 386,021,000,000
2008 419,680,000,000
2009 422,004,000,000
2010 450,962,000,000
2011 481,917,000,000
2012 522,135,000,000
2013 559,985,000,000
2014 599,051,000,000
2015 635,099,000,000
2016 672,260,000,000
2017 718,702,000,000
2018 776,054,000,000
2019 835,711,000,000
2020 799,447,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts