North Macedonia - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in North Macedonia was $10,198,190,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $10,198,190,000 in 2020 and $2,071,769,000 in 1992.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

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

See also:

Year Value
1990 $3,848,684,000
1991 $4,080,546,000
1992 $2,071,769,000
1993 $2,361,402,000
1994 $3,206,467,000
1995 $3,982,709,000
1996 $4,237,505,000
1997 $3,912,350,000
1998 $3,914,835,000
1999 $3,975,064,000
2000 $3,485,636,000
2001 $3,551,092,000
2002 $3,942,064,000
2003 $4,838,823,000
2004 $5,592,766,000
2005 $6,032,075,000
2006 $6,556,623,000
2007 $7,848,571,000
2008 $9,630,908,000
2009 $9,009,038,000
2010 $8,827,051,000
2011 $9,658,247,000
2012 $9,018,172,000
2013 $9,655,525,000
2014 $9,875,746,000
2015 $8,637,235,000
2016 $8,788,589,000
2017 $9,223,496,000
2018 $10,163,720,000
2019 $10,022,040,000
2020 $10,198,190,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in North Macedonia was 552,174,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 552,174,000,000 in 2020 and a minimum value of 435,671,000 in 1990.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

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

Year Value
1990 435,671,000
1991 799,787,000
1992 10,547,380,000
1993 54,784,530,000
1994 138,722,000,000
1995 150,872,000,000
1996 169,420,000,000
1997 195,631,000,000
1998 213,209,000,000
1999 226,188,000,000
2000 229,717,000,000
2001 241,606,000,000
2002 253,671,000,000
2003 262,856,000,000
2004 276,338,000,000
2005 297,283,000,000
2006 319,975,000,000
2007 351,065,000,000
2008 403,224,000,000
2009 397,304,000,000
2010 410,329,000,000
2011 427,192,000,000
2012 431,883,000,000
2013 447,971,000,000
2014 458,601,000,000
2015 479,687,000,000
2016 489,803,000,000
2017 504,207,000,000
2018 529,602,000,000
2019 550,683,000,000
2020 552,174,000,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in North Macedonia was 9,207,087,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 9,548,190,000 in 2019 and 4,479,493,000 in 1992.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1990 5,320,944,000
1991 4,996,355,000
1992 4,479,493,000
1993 4,754,145,000
1994 5,081,313,000
1995 5,379,678,000
1996 5,431,716,000
1997 5,465,402,000
1998 5,664,219,000
1999 5,910,306,000
2000 6,076,616,000
2001 5,970,186,000
2002 6,181,565,000
2003 6,213,791,000
2004 6,585,449,000
2005 6,987,571,000
2006 7,265,139,000
2007 7,769,601,000
2008 8,216,287,000
2009 7,999,266,000
2010 8,183,451,000
2011 7,849,353,000
2012 7,962,575,000
2013 8,088,702,000
2014 8,278,880,000
2015 8,637,235,000
2016 8,822,430,000
2017 8,929,777,000
2018 9,223,611,000
2019 9,548,190,000
2020 9,207,087,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in North Macedonia was -3.57 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 6.94 in 2007 and a minimum value of -10.34 in 1992.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate 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
1991 -6.10
1992 -10.34
1993 6.13
1994 6.88
1995 5.87
1996 0.97
1997 0.62
1998 3.64
1999 4.34
2000 2.81
2001 -1.75
2002 3.54
2003 0.52
2004 5.98
2005 6.11
2006 3.97
2007 6.94
2008 5.75
2009 -2.64
2010 2.30
2011 -4.08
2012 1.44
2013 1.58
2014 2.35
2015 4.33
2016 2.14
2017 1.22
2018 3.29
2019 3.52
2020 -3.57

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in North Macedonia was 391,710,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 406,222,000,000 in 2019 and a minimum value of 190,577,000,000 in 1992.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

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

Year Value
1990 226,376,000,000
1991 212,567,000,000
1992 190,577,000,000
1993 202,262,000,000
1994 216,181,000,000
1995 228,875,000,000
1996 231,089,000,000
1997 232,522,000,000
1998 240,981,000,000
1999 251,450,000,000
2000 258,526,000,000
2001 253,998,000,000
2002 262,991,000,000
2003 264,362,000,000
2004 280,174,000,000
2005 297,282,000,000
2006 309,091,000,000
2007 330,553,000,000
2008 349,557,000,000
2009 340,324,000,000
2010 348,160,000,000
2011 333,946,000,000
2012 338,763,000,000
2013 344,129,000,000
2014 352,220,000,000
2015 367,466,000,000
2016 375,345,000,000
2017 379,912,000,000
2018 392,413,000,000
2019 406,222,000,000
2020 391,710,000,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in North Macedonia was 83.16 as of 2020. Its highest value over the past 30 years was 103.96 in 1998, while its lowest value was 79.50 in 2019.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate 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
1990 81.89
1991 82.62
1992 85.02
1993 88.03
1994 90.08
1995 84.61
1996 91.29
1997 99.98
1998 103.96
1999 102.88
2000 92.39
2001 95.73
2002 98.10
2003 97.83
2004 98.42
2005 96.38
2006 95.56
2007 94.15
2008 97.19
2009 95.82
2010 93.83
2011 92.03
2012 92.54
2013 89.26
2014 86.92
2015 85.82
2016 82.35
2017 81.57
2018 80.14
2019 79.50
2020 83.16

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts