Vanuatu - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Vanuatu was 43,146,000,000 as of 2018. As the graph below shows, over the past 16 years this indicator reached a maximum value of 43,146,000,000 in 2018 and a minimum value of 27,711,000,000 in 2002.

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 local currency.

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

Year Value
2002 27,711,000,000
2003 28,383,000,000
2004 29,024,000,000
2005 29,766,000,000
2006 30,638,000,000
2007 31,031,000,000
2008 32,072,000,000
2009 33,002,000,000
2010 33,901,000,000
2011 34,959,000,000
2012 36,019,000,000
2013 37,237,000,000
2014 38,917,000,000
2015 39,150,000,000
2016 42,552,000,000
2017 41,760,000,000
2018 43,146,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts