Namibia - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Namibia was 97,458,680,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 116,198,000,000 in 2016 and a minimum value of 21,149,610,000 in 1980.

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
1980 21,149,610,000
1981 28,898,480,000
1982 29,467,330,000
1983 28,107,850,000
1984 29,116,420,000
1985 25,075,750,000
1986 27,056,900,000
1987 32,086,680,000
1988 30,050,860,000
1989 30,939,050,000
1990 25,568,960,000
1991 29,289,770,000
1992 28,289,000,000
1993 28,230,230,000
1994 28,405,480,000
1995 29,271,530,000
1996 32,396,450,000
1997 34,815,070,000
1998 36,089,860,000
1999 36,576,430,000
2000 38,698,260,000
2001 42,181,610,000
2002 41,564,160,000
2003 45,016,550,000
2004 45,872,590,000
2005 46,234,410,000
2006 50,255,520,000
2007 53,327,200,000
2008 60,146,160,000
2009 68,510,400,000
2010 64,723,010,000
2011 70,467,360,000
2012 77,229,680,000
2013 84,531,530,000
2014 88,215,130,000
2015 100,333,000,000
2016 116,198,000,000
2017 108,347,000,000
2018 108,140,000,000
2019 108,593,000,000
2020 97,458,680,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts