Oman - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Oman was 12,529,100,000 as of 2020. As the graph below shows, over the past 53 years this indicator reached a maximum value of 12,703,600,000 in 2019 and a minimum value of 20,600,000 in 1967.

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
1967 20,600,000
1968 21,400,000
1969 22,900,000
1970 20,700,000
1971 21,400,000
1972 35,100,000
1973 40,600,000
1974 49,600,000
1975 115,100,000
1976 181,600,000
1977 246,200,000
1978 310,900,000
1979 336,999,900
1980 572,300,000
1981 647,100,200
1982 832,500,000
1983 859,500,000
1984 938,500,100
1985 1,125,600,000
1986 1,020,000,000
1987 929,600,000
1988 1,179,700,000
1989 1,284,800,000
1990 2,054,622,000
1991 2,247,371,000
1992 2,397,362,000
1993 2,501,837,000
1994 2,539,486,000
1995 2,730,958,000
1996 2,853,787,000
1997 2,903,000,000
1998 2,544,132,000
1999 2,611,067,000
2000 2,652,491,000
2001 2,787,092,000
2002 2,800,488,000
2003 3,127,117,000
2004 3,539,197,000
2005 3,652,948,000
2006 4,251,495,000
2007 4,955,508,000
2008 6,571,467,000
2009 6,781,361,000
2010 7,335,408,000
2011 9,036,900,000
2012 9,838,500,000
2013 10,107,500,000
2014 10,393,900,000
2015 10,914,400,000
2016 10,980,900,000
2017 12,171,700,000
2018 12,245,200,000
2019 12,703,600,000
2020 12,529,100,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts