Albania - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Albania was $14,135,060,000 as of 2020. Over the past 36 years, the value for this indicator has fluctuated between $14,135,060,000 in 2020 and $1,218,994,000 in 1992.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

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

See also:

Year Value
1984 $1,350,489,000
1985 $1,365,198,000
1986 $1,510,787,000
1987 $1,545,825,000
1988 $1,571,775,000
1989 $1,659,125,000
1990 $1,660,737,000
1991 $1,287,583,000
1992 $1,218,994,000
1993 $1,641,563,000
1994 $2,178,257,000
1995 $2,522,368,000
1996 $3,314,541,000
1997 $2,447,594,000
1998 $2,684,992,000
1999 $3,134,797,000
2000 $3,216,796,000
2001 $3,484,218,000
2002 $3,972,822,000
2003 $5,130,527,000
2004 $6,352,358,000
2005 $7,083,950,000
2006 $7,841,921,000
2007 $9,849,228,000
2008 $12,040,550,000
2009 $11,072,100,000
2010 $10,646,770,000
2011 $11,508,050,000
2012 $10,941,450,000
2013 $11,633,370,000
2014 $12,201,540,000
2015 $10,453,740,000
2016 $10,939,630,000
2017 $11,861,780,000
2018 $13,700,540,000
2019 $14,051,880,000
2020 $14,135,060,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Albania was 1,535,770,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 1,543,610,000,000 in 2019 and a minimum value of 10,106,900,000 in 1980.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

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

Year Value
1980 10,106,900,000
1981 10,192,000,000
1982 11,015,900,000
1983 11,127,800,000
1984 11,587,200,000
1985 11,713,400,000
1986 12,086,300,000
1987 12,366,600,000
1988 12,574,200,000
1989 13,273,000,000
1990 13,285,900,000
1991 18,541,190,000
1992 91,464,180,000
1993 167,542,000,000
1994 206,114,000,000
1995 233,817,000,000
1996 346,366,000,000
1997 359,062,000,000
1998 405,863,000,000
1999 432,916,000,000
2000 463,244,000,000
2001 500,543,000,000
2002 557,807,000,000
2003 619,648,000,000
2004 652,200,000,000
2005 707,476,000,000
2006 769,319,000,000
2007 890,645,000,000
2008 1,010,140,000,000
2009 1,051,610,000,000
2010 1,106,590,000,000
2011 1,161,110,000,000
2012 1,183,690,000,000
2013 1,229,290,000,000
2014 1,287,020,000,000
2015 1,316,770,000,000
2016 1,358,070,000,000
2017 1,412,740,000,000
2018 1,479,510,000,000
2019 1,543,610,000,000
2020 1,535,770,000,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Albania was 11,431,730,000 as of 2020. Over the past 24 years, the value for this indicator has fluctuated between 11,651,090,000 in 2019 and 5,086,633,000 in 1998.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1996 6,537,440,000
1997 5,396,642,000
1998 5,086,633,000
1999 5,219,376,000
2000 5,447,223,000
2001 5,697,236,000
2002 6,093,295,000
2003 6,642,585,000
2004 6,892,633,000
2005 7,264,759,000
2006 7,682,641,000
2007 8,575,195,000
2008 9,387,698,000
2009 9,486,235,000
2010 9,671,013,000
2011 9,828,775,000
2012 9,841,137,000
2013 10,034,740,000
2014 10,360,620,000
2015 10,453,740,000
2016 10,708,590,000
2017 10,979,640,000
2018 11,298,030,000
2019 11,651,090,000
2020 11,431,730,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Albania was -1.88 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 11.62 in 2007 and a minimum value of -17.45 in 1997.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate 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
1997 -17.45
1998 -5.74
1999 2.61
2000 4.37
2001 4.59
2002 6.95
2003 9.01
2004 3.76
2005 5.40
2006 5.75
2007 11.62
2008 9.48
2009 1.05
2010 1.95
2011 1.63
2012 0.13
2013 1.97
2014 3.25
2015 0.90
2016 2.44
2017 2.53
2018 2.90
2019 3.12
2020 -1.88

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Albania was 1,308,060,000,000 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 1,333,160,000,000 in 2019 and a minimum value of 582,030,000,000 in 1998.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

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

Year Value
1996 748,036,000,000
1997 617,502,000,000
1998 582,030,000,000
1999 597,219,000,000
2000 623,290,000,000
2001 651,897,000,000
2002 697,215,000,000
2003 760,067,000,000
2004 788,678,000,000
2005 831,258,000,000
2006 879,074,000,000
2007 981,203,000,000
2008 1,074,170,000,000
2009 1,085,450,000,000
2010 1,106,590,000,000
2011 1,124,640,000,000
2012 1,126,060,000,000
2013 1,148,210,000,000
2014 1,185,500,000,000
2015 1,196,150,000,000
2016 1,225,310,000,000
2017 1,256,330,000,000
2018 1,292,760,000,000
2019 1,333,160,000,000
2020 1,308,060,000,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Albania was 94.95 as of 2020. Its highest value over the past 40 years was 186.91 in 1992, while its lowest value was 65.69 in 1981.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate 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
1980 67.42
1981 65.69
1982 68.98
1983 68.93
1984 72.71
1985 71.96
1986 72.03
1987 74.29
1988 76.63
1989 73.64
1990 81.87
1991 117.10
1992 186.91
1993 138.49
1994 115.81
1995 105.42
1996 103.59
1997 108.37
1998 105.46
1999 97.59
2000 92.43
2001 88.84
2002 91.37
2003 91.43
2004 88.42
2005 87.98
2006 88.15
2007 92.24
2008 93.47
2009 91.93
2010 89.27
2011 89.27
2012 88.81
2013 91.05
2014 92.24
2015 91.81
2016 92.23
2017 91.11
2018 90.39
2019 91.24
2020 94.95

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts