Serbia - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Serbia was $35,521,060,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $39,275,110,000 in 2008 and $5,254,414,000 in 2000.

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 U.S. dollars.

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

See also:

Year Value
1995 $11,953,640,000
1996 $16,024,130,000
1997 $18,320,250,000
1998 $14,810,620,000
1999 $15,226,940,000
2000 $5,254,414,000
2001 $9,897,800,000
2002 $12,617,780,000
2003 $15,916,140,000
2004 $19,650,040,000
2005 $20,725,400,000
2006 $24,653,620,000
2007 $32,508,390,000
2008 $39,275,110,000
2009 $33,942,500,000
2010 $31,565,800,000
2011 $37,206,890,000
2012 $32,714,900,000
2013 $35,299,330,000
2014 $34,590,920,000
2015 $28,531,970,000
2016 $28,790,070,000
2017 $31,309,190,000
2018 $35,160,370,000
2019 $35,145,610,000
2020 $35,521,060,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Serbia was 3,664,470,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 3,699,060,000,000 in 2019 and a minimum value of 42,315,900,000 in 1995.

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
1995 42,315,900,000
1996 86,049,600,000
1997 108,315,000,000
1998 148,562,000,000
1999 177,569,000,000
2000 331,900,000,000
2001 662,298,000,000
2002 812,563,000,000
2003 916,537,000,000
2004 1,147,200,000,000
2005 1,382,670,000,000
2006 1,655,390,000,000
2007 1,900,230,000,000
2008 2,188,550,000,000
2009 2,293,850,000,000
2010 2,453,570,000,000
2011 2,728,510,000,000
2012 2,878,040,000,000
2013 3,006,050,000,000
2014 3,058,020,000,000
2015 3,104,600,000,000
2016 3,203,700,000,000
2017 3,373,840,000,000
2018 3,522,190,000,000
2019 3,699,060,000,000
2020 3,664,470,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Serbia was 31,151,310,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 31,763,480,000 in 2019 and 17,784,450,000 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 2010 U.S. dollars.

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

See also:

Year Value
1995 17,891,170,000
1996 18,344,280,000
1997 19,094,940,000
1998 19,628,790,000
1999 17,784,450,000
2000 18,687,430,000
2001 18,972,700,000
2002 20,718,830,000
2003 21,275,980,000
2004 23,979,260,000
2005 24,545,820,000
2006 27,131,520,000
2007 29,217,010,000
2008 30,529,270,000
2009 29,507,220,000
2010 29,327,850,000
2011 29,742,620,000
2012 29,237,930,000
2013 28,743,270,000
2014 28,714,900,000
2015 28,531,970,000
2016 29,071,440,000
2017 29,713,590,000
2018 30,639,280,000
2019 31,763,480,000
2020 31,151,310,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Serbia was -1.93 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 12.71 in 2004 and a minimum value of -9.40 in 1999.

Definition: Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1996 2.53
1997 4.09
1998 2.80
1999 -9.40
2000 5.08
2001 1.53
2002 9.20
2003 2.69
2004 12.71
2005 2.36
2006 10.53
2007 7.69
2008 4.49
2009 -3.35
2010 -0.61
2011 1.41
2012 -1.70
2013 -1.69
2014 -0.10
2015 -0.64
2016 1.89
2017 2.21
2018 3.12
2019 3.67
2020 -1.93

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Serbia was 3,389,620,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 3,456,230,000,000 in 2019 and a minimum value of 1,935,150,000,000 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
1995 1,946,760,000,000
1996 1,996,070,000,000
1997 2,077,750,000,000
1998 2,135,840,000,000
1999 1,935,150,000,000
2000 2,033,410,000,000
2001 2,064,450,000,000
2002 2,254,440,000,000
2003 2,315,070,000,000
2004 2,609,220,000,000
2005 2,670,870,000,000
2006 2,952,220,000,000
2007 3,179,140,000,000
2008 3,321,930,000,000
2009 3,210,720,000,000
2010 3,191,200,000,000
2011 3,236,340,000,000
2012 3,181,420,000,000
2013 3,127,600,000,000
2014 3,124,510,000,000
2015 3,104,600,000,000
2016 3,163,300,000,000
2017 3,233,180,000,000
2018 3,333,900,000,000
2019 3,456,230,000,000
2020 3,389,620,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Serbia was 72,812,130,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 74,390,450,000 in 2019 and 23,074,100,000 in 1995.

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 converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 23,074,100,000
1996 24,691,430,000
1997 25,794,670,000
1998 27,603,500,000
1999 23,667,270,000
2000 26,724,460,000
2001 28,726,610,000
2002 31,295,520,000
2003 32,937,180,000
2004 38,342,430,000
2005 41,522,830,000
2006 46,456,750,000
2007 50,777,700,000
2008 56,981,030,000
2009 56,257,760,000
2010 57,773,860,000
2011 61,805,560,000
2012 62,760,280,000
2013 63,076,930,000
2014 64,033,290,000
2015 64,329,450,000
2016 67,092,170,000
2017 68,940,730,000
2018 72,334,310,000
2019 74,390,450,000
2020 72,812,130,000

Household final consumption expenditure, PPP (constant 2011 international $)

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Serbia was 72,276,500,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 73,696,840,000 in 2019 and 41,263,050,000 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 converted to constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 41,510,650,000
1996 42,561,960,000
1997 44,303,610,000
1998 45,542,240,000
1999 41,263,050,000
2000 43,358,110,000
2001 44,019,980,000
2002 48,071,310,000
2003 49,364,000,000
2004 55,636,080,000
2005 56,950,610,000
2006 62,949,880,000
2007 67,788,580,000
2008 70,833,270,000
2009 68,461,930,000
2010 68,045,750,000
2011 69,008,090,000
2012 67,837,120,000
2013 66,689,430,000
2014 66,623,600,000
2015 66,199,160,000
2016 67,450,840,000
2017 68,940,730,000
2018 71,088,500,000
2019 73,696,840,000
2020 72,276,500,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Serbia was 66.60 as of 2020. Its highest value over the past 25 years was 78.54 in 1999, while its lowest value was 66.60 in 2020.

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. This item also 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
1995 71.01
1996 73.44
1997 71.35
1998 76.12
1999 78.54
2000 76.42
2001 76.37
2002 73.70
2003 70.79
2004 75.17
2005 74.87
2006 75.90
2007 75.30
2008 75.25
2009 75.16
2010 75.48
2011 75.53
2012 75.54
2013 72.94
2014 73.50
2015 71.95
2016 70.75
2017 70.87
2018 69.43
2019 68.23
2020 66.60

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts