United Kingdom - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in United Kingdom was 1,312,970,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,449,080,000,000 in 2019 and a minimum value of 19,384,970,000 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 19,384,970,000
1961 20,388,240,000
1962 21,594,720,000
1963 22,993,960,000
1964 24,544,150,000
1965 26,092,020,000
1966 27,576,030,000
1967 28,988,040,000
1968 31,210,560,000
1969 33,124,210,000
1970 36,291,020,000
1971 40,686,990,000
1972 46,074,370,000
1973 52,744,730,000
1974 60,887,030,000
1975 74,896,070,000
1976 87,124,100,000
1977 99,488,590,000
1978 114,624,000,000
1979 136,002,000,000
1980 157,843,000,000
1981 175,685,000,000
1982 192,590,000,000
1983 211,445,000,000
1984 227,529,000,000
1985 249,198,000,000
1986 276,534,000,000
1987 304,390,000,000
1988 344,041,000,000
1989 377,483,000,000
1990 412,265,000,000
1991 438,066,000,000
1992 461,642,000,000
1993 492,885,000,000
1994 518,764,000,000
1995 546,821,000,000
1996 587,097,000,000
1997 628,609,000,000
1998 664,996,000,000
1999 697,634,000,000
2000 732,444,000,000
2001 761,201,000,000
2002 789,175,000,000
2003 826,458,000,000
2004 866,915,000,000
2005 908,802,000,000
2006 947,790,000,000
2007 993,160,000,000
2008 1,027,060,000,000
2009 1,005,810,000,000
2010 1,035,550,000,000
2011 1,072,690,000,000
2012 1,111,560,000,000
2013 1,161,990,000,000
2014 1,208,910,000,000
2015 1,247,430,000,000
2016 1,307,860,000,000
2017 1,352,760,000,000
2018 1,412,310,000,000
2019 1,449,080,000,000
2020 1,312,970,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts