The Gambia - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in The Gambia was 78,408,100,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 78,451,940,000 in 2019 and a minimum value of 216,143,500 in 1977.

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
1977 216,143,500
1978 255,916,700
1979 274,209,400
1980 261,198,000
1981 224,235,100
1982 301,450,000
1983 302,700,000
1984 346,500,000
1985 694,649,900
1986 956,850,000
1987 1,108,733,000
1988 1,322,232,000
1989 1,625,300,000
1990 1,888,450,000
1991 4,969,245,000
1992 5,061,115,000
1993 6,130,054,000
1994 6,730,878,000
1995 6,272,414,000
1996 7,765,021,000
1997 6,779,350,000
1998 7,907,639,000
1999 8,101,242,000
2000 8,998,062,000
2001 8,756,706,000
2002 10,194,780,000
2003 12,135,110,000
2004 26,259,000,000
2005 27,306,000,000
2006 25,383,000,000
2007 27,782,000,000
2008 32,275,000,000
2009 34,928,000,000
2010 40,338,000,000
2011 35,692,000,000
2012 35,579,000,000
2013 42,312,830,000
2014 44,856,350,000
2015 47,838,020,000
2016 50,857,200,000
2017 60,338,720,000
2018 71,193,520,000
2019 78,451,940,000
2020 78,408,100,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts