Russia - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Russia was 46,484,700,000,000 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 51,646,000,000,000 in 2014 and a minimum value of 17,451,000,000,000 in 1999.

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
1996 17,719,900,000,000
1997 18,573,400,000,000
1998 17,963,600,000,000
1999 17,451,000,000,000
2000 18,693,400,000,000
2001 20,426,700,000,000
2002 22,118,900,000,000
2003 23,778,300,000,000
2004 26,614,600,000,000
2005 29,705,300,000,000
2006 33,271,200,000,000
2007 37,981,200,000,000
2008 41,956,400,000,000
2009 39,804,600,000,000
2010 41,970,800,000,000
2011 44,780,100,000,000
2012 48,150,000,000,000
2013 50,598,800,000,000
2014 51,646,000,000,000
2015 46,775,600,000,000
2016 45,588,700,000,000
2017 47,276,600,000,000
2018 49,272,000,000,000
2019 50,820,800,000,000
2020 46,484,700,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts