Mongolia - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Mongolia was 22,648,600,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 22,648,600,000,000 in 2020 and a minimum value of 3,473,001,000 in 1982.

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
1981 3,626,905,000
1982 3,473,001,000
1983 4,611,746,000
1984 4,680,679,000
1985 4,851,288,000
1986 5,229,028,000
1987 5,874,081,000
1988 6,271,292,000
1989 5,787,779,000
1990 6,510,600,000
1991 12,436,700,000
1992 27,102,100,000
1993 101,380,000,000
1994 155,046,000,000
1995 348,964,000,000
1996 431,658,000,000
1997 503,782,000,000
1998 553,304,000,000
1999 631,916,000,000
2000 919,363,000,000
2001 1,051,950,000,000
2002 1,195,850,000,000
2003 1,282,620,000,000
2004 1,531,110,000,000
2005 1,678,100,000,000
2006 1,905,150,000,000
2007 2,409,280,000,000
2008 3,686,400,000,000
2009 3,851,270,000,000
2010 5,387,290,000,000
2011 6,782,660,000,000
2012 8,848,010,000,000
2013 10,699,000,000,000
2014 12,587,600,000,000
2015 14,171,900,000,000
2016 14,532,600,000,000
2017 15,760,100,000,000
2018 18,883,400,000,000
2019 21,667,600,000,000
2020 22,648,600,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts