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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Venezuela was 278,230,000,000 as of 2014. Over the past 24 years, the value for this indicator has fluctuated between 287,910,000,000 in 2013 and 123,524,000,000 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 123,524,000,000
1991 133,376,000,000
1992 144,472,000,000
1993 144,622,000,000
1994 138,183,000,000
1995 139,486,000,000
1996 133,341,000,000
1997 136,925,000,000
1998 139,441,000,000
1999 137,063,000,000
2000 143,484,000,000
2001 152,078,000,000
2002 141,269,000,000
2003 135,247,000,000
2004 156,139,000,000
2005 180,673,000,000
2006 208,600,000,000
2007 243,824,000,000
2008 259,226,000,000
2009 251,647,000,000
2010 246,946,000,000
2011 256,883,000,000
2012 274,926,000,000
2013 287,910,000,000
2014 278,230,000,000

Aggregation method: Gap-filled total

Base Period: 2011

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity