Myanmar - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Myanmar was 54,845,800,000,000 as of 2019. As the graph below shows, over the past 8 years this indicator reached a maximum value of 54,845,800,000,000 in 2019 and a minimum value of 23,049,100,000,000 in 2011.

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
2011 23,049,100,000,000
2012 24,149,000,000,000
2013 26,215,300,000,000
2014 28,901,600,000,000
2015 32,342,600,000,000
2016 40,975,600,000,000
2017 46,128,700,000,000
2018 51,793,300,000,000
2019 54,845,800,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts