Maldives - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Maldives was $1,900,301,000 as of 2020. Over the past 6 years, the value for this indicator has fluctuated between $2,620,472,000 in 2019 and $1,358,352,000 in 2014.

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 U.S. dollars.

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

See also:

Year Value
2014 $1,358,352,000
2015 $1,688,059,000
2016 $1,928,137,000
2017 $2,236,639,000
2018 $2,493,766,000
2019 $2,620,472,000
2020 $1,900,301,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Maldives was 29,229,100,000 as of 2020. As the graph below shows, over the past 6 years this indicator reached a maximum value of 40,308,090,000 in 2019 and a minimum value of 20,892,000,000 in 2014.

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
2014 20,892,000,000
2015 25,939,220,000
2016 29,632,380,000
2017 34,415,160,000
2018 38,381,050,000
2019 40,308,090,000
2020 29,229,100,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Maldives was 1,813,901,000 as of 2020. Over the past 6 years, the value for this indicator has fluctuated between 2,490,407,000 in 2019 and 1,382,604,000 in 2014.

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 2010 U.S. dollars.

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

See also:

Year Value
2014 1,382,604,000
2015 1,688,059,000
2016 1,906,366,000
2017 2,155,733,000
2018 2,384,478,000
2019 2,490,407,000
2020 1,813,901,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Maldives was -27.16 as of 2020. As the graph below shows, over the past 5 years this indicator reached a maximum value of 22.09 in 2015 and a minimum value of -27.16 in 2020.

Definition: Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
2015 22.09
2016 12.93
2017 13.08
2018 10.61
2019 4.44
2020 -27.16

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Maldives was 27,409,160,000 as of 2020. As the graph below shows, over the past 6 years this indicator reached a maximum value of 37,631,590,000 in 2019 and a minimum value of 20,892,000,000 in 2014.

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
2014 20,892,000,000
2015 25,507,610,000
2016 28,806,370,000
2017 32,574,450,000
2018 36,030,920,000
2019 37,631,590,000
2020 27,409,160,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Maldives was 3,192,238,000 as of 2020. Over the past 6 years, the value for this indicator has fluctuated between 4,289,013,000 in 2019 and 2,145,476,000 in 2014.

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 converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2014 2,145,476,000
2015 2,670,150,000
2016 3,087,994,000
2017 3,514,063,000
2018 4,020,098,000
2019 4,289,013,000
2020 3,192,238,000

Household final consumption expenditure, PPP (constant 2011 international $)

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Maldives was 2,956,842,000 as of 2020. Over the past 6 years, the value for this indicator has fluctuated between 4,059,615,000 in 2019 and 2,253,785,000 in 2014.

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 converted to constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2014 2,253,785,000
2015 2,751,707,000
2016 3,107,570,000
2017 3,514,063,000
2018 3,886,939,000
2019 4,059,615,000
2020 2,956,842,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Maldives was 50.77 as of 2020. Its highest value over the past 6 years was 50.77 in 2020, while its lowest value was 36.74 in 2014.

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. This item also 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
2014 36.74
2015 41.08
2016 44.03
2017 47.05
2018 47.04
2019 46.73
2020 50.77

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts