South Asia - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in South Asia was $2,097,810,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $2,281,740,000,000 in 2019 and $40,937,800,000 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 U.S. dollars.

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

See also:

Year Value
1960 $40,937,800,000
1961 $43,269,270,000
1962 $45,128,320,000
1963 $49,657,610,000
1964 $57,120,600,000
1965 $61,173,550,000
1966 $50,723,790,000
1967 $56,982,900,000
1968 $57,164,350,000
1969 $61,782,840,000
1970 $66,518,150,000
1971 $71,996,430,000
1972 $74,260,870,000
1973 $83,702,710,000
1974 $101,712,000,000
1975 $99,182,820,000
1976 $100,833,000,000
1977 $120,046,000,000
1978 $135,584,000,000
1979 $150,428,000,000
1980 $186,774,000,000
1981 $193,219,000,000
1982 $198,068,000,000
1983 $210,319,000,000
1984 $208,518,000,000
1985 $221,668,000,000
1986 $233,123,000,000
1987 $252,983,000,000
1988 $267,819,000,000
1989 $263,674,000,000
1990 $280,625,000,000
1991 $249,413,000,000
1992 $261,884,000,000
1993 $260,476,000,000
1994 $291,602,000,000
1995 $320,181,000,000
1996 $353,040,000,000
1997 $368,155,000,000
1998 $370,267,000,000
1999 $399,241,000,000
2000 $420,124,000,000
2001 $432,155,000,000
2002 $446,506,000,000
2003 $510,525,000,000
2004 $568,060,000,000
2005 $645,276,000,000
2006 $719,751,000,000
2007 $894,383,000,000
2008 $935,171,000,000
2009 $1,007,130,000,000
2010 $1,206,070,000,000
2011 $1,370,820,000,000
2012 $1,390,390,000,000
2013 $1,448,780,000,000
2014 $1,595,630,000,000
2015 $1,688,860,000,000
2016 $1,834,070,000,000
2017 $2,079,000,000,000
2018 $2,163,350,000,000
2019 $2,281,740,000,000
2020 $2,097,810,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in South Asia was 2,031,910,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 2,184,900,000,000 in 2019 and 196,446,000,000 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 constant 2010 U.S. dollars.

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

See also:

Year Value
1960 196,446,000,000
1961 202,793,000,000
1962 204,248,000,000
1963 211,954,000,000
1964 226,986,000,000
1965 227,332,000,000
1966 230,997,000,000
1967 240,079,000,000
1968 247,137,000,000
1969 256,907,000,000
1970 268,565,000,000
1971 269,726,000,000
1972 266,493,000,000
1973 263,386,000,000
1974 260,594,000,000
1975 270,063,000,000
1976 274,308,000,000
1977 286,832,000,000
1978 308,370,000,000
1979 304,570,000,000
1980 329,392,000,000
1981 342,862,000,000
1982 344,504,000,000
1983 368,303,000,000
1984 382,278,000,000
1985 397,119,000,000
1986 408,679,000,000
1987 422,474,000,000
1988 449,710,000,000
1989 466,906,000,000
1990 487,769,000,000
1991 494,847,000,000
1992 517,138,000,000
1993 537,545,000,000
1994 561,957,000,000
1995 595,478,000,000
1996 634,337,000,000
1997 654,206,000,000
1998 688,270,000,000
1999 730,349,000,000
2000 752,652,000,000
2001 791,716,000,000
2002 813,212,000,000
2003 857,252,000,000
2004 902,755,000,000
2005 972,131,000,000
2006 1,018,570,000,000
2007 1,086,560,000,000
2008 1,133,410,000,000
2009 1,176,300,000,000
2010 1,246,030,000,000
2011 1,332,160,000,000
2012 1,400,680,000,000
2013 1,489,880,000,000
2014 1,578,270,000,000
2015 1,688,860,000,000
2016 1,816,500,000,000
2017 1,934,260,000,000
2018 2,080,080,000,000
2019 2,184,900,000,000
2020 2,031,910,000,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in South Asia was -7.00 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 8.15 in 1980 and a minimum value of -7.00 in 2020.

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 3.23
1962 0.72
1963 3.77
1964 7.09
1965 0.15
1966 1.61
1967 3.93
1968 2.94
1969 3.95
1970 4.54
1971 0.43
1972 -1.20
1973 -1.17
1974 -1.06
1975 3.63
1976 1.57
1977 4.57
1978 7.51
1979 -1.23
1980 8.15
1981 4.09
1982 0.48
1983 6.91
1984 3.79
1985 3.88
1986 2.91
1987 3.38
1988 6.45
1989 3.82
1990 4.47
1991 1.45
1992 4.50
1993 3.95
1994 4.54
1995 5.97
1996 6.53
1997 3.13
1998 5.21
1999 6.11
2000 3.05
2001 5.19
2002 2.72
2003 5.42
2004 5.31
2005 7.69
2006 4.78
2007 6.67
2008 4.31
2009 3.78
2010 5.93
2011 6.91
2012 5.14
2013 6.37
2014 5.93
2015 7.01
2016 7.56
2017 6.48
2018 7.54
2019 5.04
2020 -7.00

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in South Asia was 7,202,560,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 7,870,010,000,000 in 2019 and 934,238,000,000 in 1990.

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
1990 934,238,000,000
1991 984,929,000,000
1992 1,040,900,000,000
1993 1,143,410,000,000
1994 1,229,810,000,000
1995 1,323,650,000,000
1996 1,448,840,000,000
1997 1,525,850,000,000
1998 1,563,330,000,000
1999 1,716,040,000,000
2000 1,833,230,000,000
2001 1,976,060,000,000
2002 2,043,230,000,000
2003 2,200,010,000,000
2004 2,362,340,000,000
2005 2,625,160,000,000
2006 2,922,530,000,000
2007 3,215,510,000,000
2008 3,503,800,000,000
2009 3,604,790,000,000
2010 3,824,430,000,000
2011 4,277,430,000,000
2012 4,805,610,000,000
2013 5,030,380,000,000
2014 5,356,630,000,000
2015 5,768,230,000,000
2016 6,272,740,000,000
2017 6,700,620,000,000
2018 7,365,730,000,000
2019 7,870,010,000,000
2020 7,202,560,000,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in South Asia was 7,023,470,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 7,573,950,000,000 in 2019 and 1,673,090,000,000 in 1990.

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
1990 1,673,090,000,000
1991 1,698,370,000,000
1992 1,771,630,000,000
1993 1,841,990,000,000
1994 1,926,130,000,000
1995 2,041,580,000,000
1996 2,178,790,000,000
1997 2,246,610,000,000
1998 2,366,700,000,000
1999 2,511,520,000,000
2000 2,588,930,000,000
2001 2,725,920,000,000
2002 2,800,040,000,000
2003 2,952,780,000,000
2004 3,108,940,000,000
2005 3,347,890,000,000
2006 3,507,710,000,000
2007 3,744,050,000,000
2008 3,905,260,000,000
2009 4,058,810,000,000
2010 4,302,460,000,000
2011 4,600,960,000,000
2012 4,839,720,000,000
2013 5,152,360,000,000
2014 5,461,100,000,000
2015 5,848,390,000,000
2016 6,294,550,000,000
2017 6,700,620,000,000
2018 7,205,610,000,000
2019 7,573,950,000,000
2020 7,023,470,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in South Asia was 61.95 as of 2020. Its highest value over the past 60 years was 86.79 in 1960, while its lowest value was 58.53 in 2010.

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 86.79
1961 85.97
1962 84.00
1963 82.18
1964 82.57
1965 82.34
1966 81.19
1967 82.90
1968 79.35
1969 78.01
1970 77.58
1971 78.95
1972 81.00
1973 79.86
1974 80.11
1975 72.98
1976 76.02
1977 78.15
1978 77.58
1979 76.85
1980 79.13
1981 77.22
1982 76.51
1983 76.75
1984 76.45
1985 74.74
1986 74.21
1987 72.53
1988 71.46
1989 69.71
1990 68.92
1991 68.85
1992 68.07
1993 68.35
1994 67.45
1995 66.73
1996 67.25
1997 66.85
1998 66.31
1999 66.73
2000 66.64
2001 66.91
2002 65.89
2003 64.54
2004 61.94
2005 61.42
2006 60.18
2007 59.46
2008 61.22
2009 59.83
2010 58.53
2011 60.27
2012 60.45
2013 61.40
2014 61.74
2015 62.56
2016 62.67
2017 62.09
2018 62.95
2019 63.43
2020 61.95

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts