Montenegro - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Montenegro was $3,874,300,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between $4,086,842,000 in 2008 and $688,732,800 in 2000.

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
2000 $688,732,800
2001 $869,392,800
2002 $1,039,249,000
2003 $1,267,075,000
2004 $1,516,142,000
2005 $1,576,857,000
2006 $2,554,114,000
2007 $3,242,735,000
2008 $4,086,842,000
2009 $3,408,969,000
2010 $3,390,168,000
2011 $3,706,940,000
2012 $3,382,205,000
2013 $3,616,182,000
2014 $3,681,632,000
2015 $3,208,359,000
2016 $3,357,375,000
2017 $3,623,537,000
2018 $4,042,259,000
2019 $3,956,117,000
2020 $3,874,300,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Montenegro was 3,399,698,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 3,533,604,000 in 2019 and a minimum value of 745,691,000 in 2000.

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
2000 745,691,000
2001 970,764,000
2002 1,100,461,000
2003 1,120,474,000
2004 1,221,101,000
2005 1,267,951,000
2006 2,035,884,000
2007 2,369,142,000
2008 2,790,087,000
2009 2,453,776,000
2010 2,557,204,000
2011 2,663,066,000
2012 2,632,370,000
2013 2,723,708,000
2014 2,774,846,000
2015 2,892,977,000
2016 3,035,067,000
2017 3,215,527,000
2018 3,424,602,000
2019 3,533,604,000
2020 3,399,698,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Montenegro was 3,611,283,000 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between 3,787,227,000 in 2019 and 2,862,457,000 in 2006.

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
2006 2,862,457,000
2007 3,200,129,000
2008 3,557,102,000
2009 3,050,328,000
2010 3,111,218,000
2011 3,125,625,000
2012 3,003,569,000
2013 3,051,281,000
2014 3,138,513,000
2015 3,208,359,000
2016 3,380,381,000
2017 3,513,404,000
2018 3,674,689,000
2019 3,787,227,000
2020 3,611,283,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Montenegro was -4.65 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 11.80 in 2007 and a minimum value of -14.25 in 2009.

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
2007 11.80
2008 11.15
2009 -14.25
2010 2.00
2011 0.46
2012 -3.91
2013 1.59
2014 2.86
2015 2.23
2016 5.36
2017 3.94
2018 4.59
2019 3.06
2020 -4.65

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Montenegro was 2,968,223,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 3,112,836,000 in 2019 and a minimum value of 2,352,740,000 in 2006.

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
2006 2,352,740,000
2007 2,630,283,000
2008 2,923,690,000
2009 2,507,157,000
2010 2,557,204,000
2011 2,569,046,000
2012 2,468,724,000
2013 2,507,940,000
2014 2,579,639,000
2015 2,637,047,000
2016 2,778,437,000
2017 2,887,773,000
2018 3,020,338,000
2019 3,112,836,000
2020 2,968,223,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Montenegro was 7,777,260,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 8,282,507,000 in 2019 and 2,357,128,000 in 2000.

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
2000 2,357,128,000
2001 2,543,971,000
2002 2,519,340,000
2003 2,411,216,000
2004 2,604,669,000
2005 2,672,204,000
2006 4,306,982,000
2007 5,030,723,000
2008 5,687,752,000
2009 5,120,847,000
2010 5,588,138,000
2011 5,964,940,000
2012 5,779,209,000
2013 6,089,325,000
2014 6,317,179,000
2015 6,617,397,000
2016 7,198,311,000
2017 7,537,096,000
2018 8,066,789,000
2019 8,282,507,000
2020 7,777,260,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Montenegro was 7,747,071,000 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between 8,124,511,000 in 2019 and 6,140,659,000 in 2006.

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
2006 6,140,659,000
2007 6,865,047,000
2008 7,630,840,000
2009 6,543,687,000
2010 6,674,310,000
2011 6,705,218,000
2012 6,443,377,000
2013 6,545,731,000
2014 6,732,866,000
2015 6,882,701,000
2016 7,251,729,000
2017 7,537,096,000
2018 7,883,091,000
2019 8,124,511,000
2020 7,747,071,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Montenegro was 81.22 as of 2020. Its highest value over the past 20 years was 93.84 in 2006, while its lowest value was 69.86 in 2005.

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
2000 69.97
2001 74.96
2002 80.90
2003 74.20
2004 73.13
2005 69.86
2006 93.84
2007 88.10
2008 89.91
2009 81.96
2010 81.83
2011 81.57
2012 82.74
2013 81.00
2014 80.25
2015 79.16
2016 76.76
2017 74.80
2018 73.44
2019 71.38
2020 81.22

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts