Somalia - Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Somalia was 274,877,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 274,877,000,000,000 in 2020 and a minimum value of 1,221,500,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

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

Year Value
1960 1,221,500,000
1961 1,334,100,000
1962 1,527,100,000
1963 1,551,600,000
1964 1,712,899,000
1965 1,606,800,000
1966 1,767,900,000
1967 1,874,900,000
1968 1,934,400,000
1969 2,043,900,000
1970 2,111,199,000
1971 2,235,300,000
1972 2,655,301,000
1973 3,140,899,000
1974 2,815,401,000
1975 4,112,000,000
1976 4,264,699,000
1977 8,086,101,000
1978 8,310,000,000
1979 11,539,000,000
1980 19,614,000,000
1981 25,576,000,000
1982 32,830,990,000
1983 44,394,990,000
1984 76,214,000,000
1985 72,662,910,000
1986 117,223,000,000
1987 153,328,000,000
1988 265,340,000,000
1989 598,162,000,000
1990 1,955,340,000,000
2013 126,936,000,000,000
2014 146,330,000,000,000
2015 169,261,000,000,000
2016 183,338,000,000,000
2017 195,172,000,000,000
2018 215,269,000,000,000
2019 247,095,000,000,000
2020 274,877,000,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts