North Macedonia - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in North Macedonia was 440,673,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 453,725,000,000 in 2019 and a minimum value of 339,244,000 in 1990.

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
1990 339,244,000
1991 600,469,000
1992 8,245,301,000
1993 42,312,580,000
1994 110,847,000,000
1995 119,381,000,000
1996 137,435,000,000
1997 158,931,000,000
1998 173,705,000,000
1999 183,179,000,000
2000 187,619,000,000
2001 181,455,000,000
2002 200,009,000,000
2003 214,278,000,000
2004 227,468,000,000
2005 247,361,000,000
2006 264,689,000,000
2007 288,409,000,000
2008 326,125,000,000
2009 318,212,000,000
2010 330,345,000,000
2011 343,080,000,000
2012 344,852,000,000
2013 360,115,000,000
2014 368,311,000,000
2015 384,798,000,000
2016 398,026,000,000
2017 411,981,000,000
2018 435,205,000,000
2019 453,725,000,000
2020 440,673,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts