Somalia - 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

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts