Norway - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Norway was $159,310,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $210,109,000,000 in 2013 and $6,664,660,000 in 1970.

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 U.S. dollars.

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

See also:

Year Value
1970 $6,664,660,000
1971 $7,573,804,000
1972 $8,910,021,000
1973 $11,323,490,000
1974 $13,312,630,000
1975 $16,505,190,000
1976 $18,187,670,000
1977 $21,531,320,000
1978 $23,248,380,000
1979 $26,422,860,000
1980 $30,284,260,000
1981 $29,534,800,000
1982 $29,558,880,000
1983 $28,891,780,000
1984 $28,263,430,000
1985 $30,997,420,000
1986 $40,506,170,000
1987 $47,813,730,000
1988 $51,226,940,000
1989 $50,403,070,000
1990 $58,555,680,000
1991 $59,829,090,000
1992 $65,329,310,000
1993 $59,969,130,000
1994 $62,933,290,000
1995 $74,332,620,000
1996 $78,605,540,000
1997 $75,683,830,000
1998 $74,808,680,000
1999 $76,551,700,000
2000 $72,713,540,000
2001 $74,242,580,000
2002 $87,429,920,000
2003 $104,624,000,000
2004 $117,254,000,000
2005 $129,548,000,000
2006 $139,082,000,000
2007 $162,289,000,000
2008 $177,450,000,000
2009 $163,153,000,000
2010 $179,864,000,000
2011 $200,761,000,000
2012 $202,253,000,000
2013 $210,109,000,000
2014 $204,454,000,000
2015 $167,937,000,000
2016 $168,026,000,000
2017 $177,915,000,000
2018 $187,750,000,000
2019 $179,441,000,000
2020 $159,310,000,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Norway was 1,500,040,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,579,080,000,000 in 2019 and a minimum value of 47,605,000,000 in 1970.

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
1970 47,605,000,000
1971 53,440,000,000
1972 58,701,000,000
1973 65,289,000,000
1974 73,748,000,000
1975 86,271,000,000
1976 99,241,000,000
1977 114,622,000,000
1978 121,875,000,000
1979 133,808,000,000
1980 149,580,000,000
1981 169,515,000,000
1982 190,773,000,000
1983 210,806,000,000
1984 230,672,000,000
1985 266,491,000,000
1986 299,531,000,000
1987 322,145,000,000
1988 333,846,000,000
1989 348,008,000,000
1990 366,541,000,000
1991 387,866,000,000
1992 405,989,000,000
1993 425,427,000,000
1994 444,158,000,000
1995 470,912,000,000
1996 506,990,000,000
1997 535,342,000,000
1998 564,439,000,000
1999 597,042,000,000
2000 640,010,000,000
2001 667,567,000,000
2002 698,023,000,000
2003 740,761,000,000
2004 790,385,000,000
2005 834,615,000,000
2006 891,973,000,000
2007 951,288,000,000
2008 1,000,820,000,000
2009 1,025,950,000,000
2010 1,087,130,000,000
2011 1,125,180,000,000
2012 1,176,610,000,000
2013 1,234,390,000,000
2014 1,288,400,000,000
2015 1,354,270,000,000
2016 1,411,420,000,000
2017 1,471,660,000,000
2018 1,526,880,000,000
2019 1,579,080,000,000
2020 1,500,040,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Norway was 166,573,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 178,285,000,000 in 2019 and 44,166,250,000 in 1970.

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 2010 U.S. dollars.

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

See also:

Year Value
1970 44,166,250,000
1971 46,605,310,000
1972 47,874,260,000
1973 49,581,940,000
1974 51,057,600,000
1975 53,758,940,000
1976 56,960,130,000
1977 60,533,470,000
1978 59,570,820,000
1979 62,072,870,000
1980 63,357,820,000
1981 63,549,280,000
1982 64,261,940,000
1983 65,534,610,000
1984 67,626,210,000
1985 73,864,790,000
1986 77,594,500,000
1987 77,115,470,000
1988 75,487,280,000
1989 75,025,980,000
1990 75,545,560,000
1991 77,120,180,000
1992 78,943,440,000
1993 80,736,050,000
1994 83,476,820,000
1995 86,492,140,000
1996 91,961,270,000
1997 94,831,250,000
1998 97,513,730,000
1999 101,155,000,000
2000 105,384,000,000
2001 107,557,000,000
2002 110,930,000,000
2003 114,471,000,000
2004 120,707,000,000
2005 126,021,000,000
2006 132,273,000,000
2007 139,295,000,000
2008 141,630,000,000
2009 141,670,000,000
2010 147,069,000,000
2011 150,547,000,000
2012 155,808,000,000
2013 160,188,000,000
2014 163,506,000,000
2015 167,937,000,000
2016 169,823,000,000
2017 173,625,000,000
2018 176,348,000,000
2019 178,285,000,000
2020 166,573,000,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Norway was -6.57 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 9.23 in 1985 and a minimum value of -6.57 in 2020.

Definition: Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1971 5.52
1972 2.72
1973 3.57
1974 2.98
1975 5.29
1976 5.95
1977 6.27
1978 -1.59
1979 4.20
1980 2.07
1981 0.30
1982 1.12
1983 1.98
1984 3.19
1985 9.23
1986 5.05
1987 -0.62
1988 -2.11
1989 -0.61
1990 0.69
1991 2.08
1992 2.36
1993 2.27
1994 3.39
1995 3.61
1996 6.32
1997 3.12
1998 2.83
1999 3.73
2000 4.18
2001 2.06
2002 3.14
2003 3.19
2004 5.45
2005 4.40
2006 4.96
2007 5.31
2008 1.68
2009 0.03
2010 3.81
2011 2.37
2012 3.49
2013 2.81
2014 2.07
2015 2.71
2016 1.12
2017 2.24
2018 1.57
2019 1.10
2020 -6.57

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Norway was 1,343,270,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,437,720,000,000 in 2019 and a minimum value of 356,164,000,000 in 1970.

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
1970 356,164,000,000
1971 375,833,000,000
1972 386,066,000,000
1973 399,837,000,000
1974 411,737,000,000
1975 433,521,000,000
1976 459,336,000,000
1977 488,152,000,000
1978 480,389,000,000
1979 500,566,000,000
1980 510,928,000,000
1981 512,472,000,000
1982 518,219,000,000
1983 528,482,000,000
1984 545,349,000,000
1985 595,658,000,000
1986 625,735,000,000
1987 621,872,000,000
1988 608,742,000,000
1989 605,022,000,000
1990 609,212,000,000
1991 621,910,000,000
1992 636,613,000,000
1993 651,069,000,000
1994 673,171,000,000
1995 697,487,000,000
1996 741,591,000,000
1997 764,735,000,000
1998 786,367,000,000
1999 815,731,000,000
2000 849,836,000,000
2001 867,359,000,000
2002 894,560,000,000
2003 923,111,000,000
2004 973,402,000,000
2005 1,016,260,000,000
2006 1,066,680,000,000
2007 1,123,300,000,000
2008 1,142,130,000,000
2009 1,142,450,000,000
2010 1,185,990,000,000
2011 1,214,040,000,000
2012 1,256,460,000,000
2013 1,291,780,000,000
2014 1,318,540,000,000
2015 1,354,270,000,000
2016 1,369,480,000,000
2017 1,400,140,000,000
2018 1,422,100,000,000
2019 1,437,720,000,000
2020 1,343,270,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Norway was 140,955,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 148,166,000,000 in 2019 and 37,975,540,000 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 current international dollars using purchasing power parity rates based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 37,975,540,000
1991 40,063,210,000
1992 42,103,570,000
1993 44,132,200,000
1994 46,582,520,000
1995 49,281,370,000
1996 54,140,310,000
1997 56,166,170,000
1998 58,215,400,000
1999 60,955,730,000
2000 64,872,470,000
2001 66,810,620,000
2002 70,507,920,000
2003 73,539,260,000
2004 79,396,940,000
2005 83,861,770,000
2006 91,082,350,000
2007 100,050,000,000
2008 103,999,000,000
2009 106,045,000,000
2010 111,366,000,000
2011 115,045,000,000
2012 120,063,000,000
2013 126,399,000,000
2014 130,791,000,000
2015 127,773,000,000
2016 132,076,000,000
2017 141,728,000,000
2018 148,065,000,000
2019 148,166,000,000
2020 140,955,000,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Norway was 135,971,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 145,532,000,000 in 2019 and 61,666,840,000 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 61,666,840,000
1991 62,952,180,000
1992 64,440,480,000
1993 65,903,770,000
1994 68,141,020,000
1995 70,602,380,000
1996 75,066,770,000
1997 77,409,490,000
1998 79,599,170,000
1999 82,571,510,000
2000 86,023,750,000
2001 87,797,500,000
2002 90,550,890,000
2003 93,440,930,000
2004 98,531,590,000
2005 102,870,000,000
2006 107,973,000,000
2007 113,705,000,000
2008 115,610,000,000
2009 115,643,000,000
2010 120,050,000,000
2011 122,890,000,000
2012 127,184,000,000
2013 130,759,000,000
2014 133,468,000,000
2015 137,084,000,000
2016 138,624,000,000
2017 141,728,000,000
2018 143,951,000,000
2019 145,532,000,000
2020 135,971,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Norway was 43.98 as of 2020. Its highest value over the past 50 years was 52.01 in 1970, while its lowest value was 38.39 in 2008.

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. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

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

See also:

Year Value
1970 52.01
1971 51.94
1972 51.33
1973 50.25
1974 49.04
1975 50.20
1976 50.60
1977 51.87
1978 49.97
1979 49.73
1980 47.00
1981 46.44
1982 47.18
1983 46.88
1984 45.54
1985 47.38
1986 51.47
1987 50.74
1988 50.27
1989 49.11
1990 48.88
1991 49.09
1992 49.93
1993 49.73
1994 49.50
1995 48.89
1996 48.07
1997 46.90
1998 48.53
1999 47.17
2000 42.46
2001 42.67
2002 44.72
2003 45.72
2004 44.33
2005 41.94
2006 40.25
2007 40.48
2008 38.39
2009 42.25
2010 41.95
2011 40.29
2012 39.70
2013 40.19
2014 41.02
2015 43.53
2016 45.56
2017 44.66
2018 42.96
2019 44.31
2020 43.98

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts