Somalia - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Somalia was $10,009,290,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $10,009,290,000 in 2020 and $155,847,900 in 1960.

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
1960 $155,847,900
1961 $170,197,900
1962 $197,917,900
1963 $199,121,900
1964 $219,785,900
1965 $204,734,800
1966 $223,536,700
1967 $237,200,600
1968 $242,646,500
1969 $261,028,600
1970 $268,314,100
1971 $281,443,800
1972 $295,024,600
1973 $401,002,800
1974 $332,232,100
1975 $508,816,500
1976 $540,698,800
1977 $515,652,200
1978 $467,541,400
1979 $522,244,000
1980 $587,227,700
1981 $656,689,900
1982 $770,694,000
1983 $783,850,900
1984 $830,200,600
2013 $6,313,496,000
2014 $6,916,956,000
2015 $7,281,761,000
2016 $7,562,873,000
2017 $7,968,495,000
2018 $8,496,677,000
2019 $9,266,675,000
2020 $10,009,290,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Somalia was 257,849,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 257,849,000,000,000 in 2020 and a minimum value of 1,113,200,000 in 1960.

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
1960 1,113,200,000
1961 1,215,700,000
1962 1,413,700,000
1963 1,422,300,000
1964 1,569,900,000
1965 1,462,400,000
1966 1,596,700,000
1967 1,694,300,000
1968 1,733,200,000
1969 1,827,200,000
1970 1,878,199,000
1971 2,006,300,000
1972 2,059,301,000
1973 2,518,899,000
1974 2,091,401,000
1975 3,203,000,000
1976 3,403,699,000
1977 7,116,001,000
1978 6,770,000,000
1979 7,958,999,000
1980 16,901,000,000
1981 20,712,000,000
1982 28,964,990,000
1983 37,442,990,000
1984 65,634,000,000
2013 121,748,000,000,000
2014 139,937,000,000,000
2015 162,050,000,000,000
2016 174,413,000,000,000
2017 184,062,000,000,000
2018 203,531,000,000,000
2019 232,258,000,000,000
2020 257,849,000,000,000

Household final consumption expenditure (constant 2010 US$)

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
2015 7,281,761,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Somalia was 8.61 as of 1989. As the graph below shows, over the past 28 years this indicator reached a maximum value of 59.54 in 1977 and a minimum value of -22.12 in 1974.

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
1961 -1.61
1962 17.93
1963 -3.21
1964 -2.84
1965 -18.37
1966 13.24
1967 6.34
1968 -1.54
1969 -1.54
1970 4.22
1971 9.04
1972 -21.51
1973 8.23
1974 -22.12
1975 46.10
1976 -1.80
1977 59.54
1978 -13.03
1979 -6.20
1980 3.59
1981 7.73
1982 16.55
1983 -6.58
1984 2.30
1985 -2.23
1986 1.86
1987 -2.49
1988 -1.54
1989 8.61

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Somalia was 86,285,680,000 as of 1989. As the graph below shows, over the past 29 years this indicator reached a maximum value of 86,937,310,000 in 1982 and a minimum value of 35,799,800,000 in 1974.

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
1960 45,798,800,000
1961 45,063,600,000
1962 53,141,700,000
1963 51,436,300,000
1964 49,974,100,000
1965 40,792,400,000
1966 46,193,600,000
1967 49,120,700,000
1968 48,361,800,000
1969 47,618,200,000
1970 49,626,600,000
1971 54,114,700,000
1972 42,475,600,000
1973 45,969,800,000
1974 35,799,800,000
1975 52,305,000,000
1976 51,361,300,000
1977 81,942,020,000
1978 71,263,850,000
1979 66,844,880,000
1980 69,244,090,000
1981 74,594,390,000
1982 86,937,310,000
1983 81,220,140,000
1984 83,090,210,000
1985 81,238,820,000
1986 82,747,390,000
1987 80,688,840,000
1988 79,444,380,000
1989 86,285,680,000

Household final consumption expenditure, PPP (current international $)

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
2017 23,413,450,000

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

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
2017 23,413,450,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Somalia was 143.70 as of 2020. Its highest value over the past 60 years was 145.23 in 2018, while its lowest value was 66.98 in 1976.

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
1960 86.36
1961 88.80
1962 97.24
1963 92.12
1964 95.75
1965 84.00
1966 86.85
1967 87.28
1968 84.63
1969 85.20
1970 83.17
1971 85.00
1972 70.76
1973 79.09
1974 71.05
1975 71.58
1976 66.98
1977 103.43
1978 82.75
1979 88.45
1980 97.29
1981 93.93
1982 99.52
1983 106.81
1984 105.31
2013 138.02
2014 137.73
2015 136.57
2016 136.76
2017 142.07
2018 145.23
2019 143.08
2020 143.70

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts