Zambia - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Zambia was 127,845,000,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 127,845,000,000 in 2020 and a minimum value of 53,071,900,000 in 2010.

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
2010 53,071,900,000
2011 63,586,800,000
2012 69,198,400,000
2013 78,996,600,000
2014 87,260,100,000
2015 92,876,400,000
2016 111,099,000,000
2017 115,692,000,000
2018 123,741,000,000
2019 126,937,000,000
2020 127,845,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts