Vanuatu - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Vanuatu was 58,765,000,000 as of 2017. As the graph below shows, over the past 34 years this indicator reached a maximum value of 58,765,000,000 in 2017 and a minimum value of 6,070,001,000 in 1983.

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
1983 6,070,001,000
1984 7,296,000,000
1985 7,887,000,000
1986 8,161,000,000
1987 8,564,000,000
1988 9,878,000,000
1989 10,419,000,000
1990 11,719,000,000
1991 13,205,000,000
1992 13,773,000,000
1993 13,819,000,000
1994 14,906,000,000
1995 15,661,000,000
1996 16,082,000,000
1997 17,390,000,000
1998 25,476,000,000
1999 27,413,000,000
2000 26,698,000,000
2001 28,677,000,000
2002 26,233,000,000
2003 26,908,000,000
2004 28,184,000,000
2005 28,974,000,000
2006 30,638,000,000
2007 32,115,000,000
2008 34,909,000,000
2009 38,750,000,000
2010 41,630,000,000
2011 43,683,000,000
2012 45,388,000,000
2013 47,496,000,000
2014 51,444,000,000
2015 54,544,000,000
2016 56,822,000,000
2017 58,765,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts