Albania - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Albania was $12,337,930,000 as of 2020. Over the past 36 years, the value for this indicator has fluctuated between $12,337,930,000 in 2020 and $1,036,055,000 in 1991.

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
1984 $1,169,371,000
1985 $1,182,331,000
1986 $1,309,162,000
1987 $1,337,825,000
1988 $1,370,650,000
1989 $1,453,375,000
1990 $1,271,487,000
1991 $1,036,055,000
1992 $1,079,375,000
1993 $1,468,051,000
1994 $1,903,198,000
1995 $2,191,518,000
1996 $3,012,060,000
1997 $2,211,624,000
1998 $2,408,898,000
1999 $2,779,679,000
2000 $2,879,464,000
2001 $3,067,457,000
2002 $3,479,963,000
2003 $4,507,739,000
2004 $5,547,252,000
2005 $6,195,704,000
2006 $6,905,405,000
2007 $8,730,519,000
2008 $10,703,600,000
2009 $9,734,057,000
2010 $9,316,041,000
2011 $10,093,400,000
2012 $9,605,387,000
2013 $10,224,730,000
2014 $10,686,670,000
2015 $9,188,592,000
2016 $9,602,953,000
2017 $10,364,720,000
2018 $11,989,900,000
2019 $12,304,240,000
2020 $12,337,930,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Albania was 1,340,520,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 1,351,630,000,000 in 2019 and a minimum value of 8,710,900,000 in 1980.

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
1980 8,710,900,000
1981 8,820,000,000
1982 9,594,900,000
1983 9,659,800,000
1984 10,033,200,000
1985 10,144,400,000
1986 10,473,300,000
1987 10,702,600,000
1988 10,965,200,000
1989 11,627,000,000
1990 10,171,890,000
1991 14,919,190,000
1992 80,988,180,000
1993 149,833,000,000
1994 180,087,000,000
1995 203,148,000,000
1996 314,757,000,000
1997 324,445,000,000
1998 364,129,000,000
1999 383,874,000,000
2000 414,666,000,000
2001 440,671,000,000
2002 488,607,000,000
2003 544,430,000,000
2004 569,540,000,000
2005 618,767,000,000
2006 677,444,000,000
2007 789,482,000,000
2008 897,974,000,000
2009 924,522,000,000
2010 968,278,000,000
2011 1,018,380,000,000
2012 1,039,150,000,000
2013 1,080,440,000,000
2014 1,127,230,000,000
2015 1,157,410,000,000
2016 1,192,130,000,000
2017 1,234,440,000,000
2018 1,294,780,000,000
2019 1,351,630,000,000
2020 1,340,520,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Albania was 9,989,868,000 as of 2020. Over the past 24 years, the value for this indicator has fluctuated between 10,235,480,000 in 2019 and 4,220,262,000 in 1998.

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
1996 5,437,410,000
1997 4,460,285,000
1998 4,220,262,000
1999 4,344,089,000
2000 4,613,345,000
2001 4,797,469,000
2002 5,141,570,000
2003 5,675,933,000
2004 5,885,206,000
2005 6,261,493,000
2006 6,695,055,000
2007 7,547,769,000
2008 8,312,247,000
2009 8,371,576,000
2010 8,511,416,000
2011 8,662,175,000
2012 8,673,347,000
2013 8,832,640,000
2014 9,081,185,000
2015 9,188,592,000
2016 9,384,016,000
2017 9,613,310,000
2018 9,922,429,000
2019 10,235,480,000
2020 9,989,868,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Albania was -2.40 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 12.74 in 2007 and a minimum value of -17.97 in 1997.

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
1997 -17.97
1998 -5.38
1999 2.93
2000 6.20
2001 3.99
2002 7.17
2003 10.39
2004 3.69
2005 6.39
2006 6.92
2007 12.74
2008 10.13
2009 0.71
2010 1.67
2011 1.77
2012 0.13
2013 1.84
2014 2.81
2015 1.18
2016 2.13
2017 2.44
2018 3.22
2019 3.15
2020 -2.40

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Albania was 1,136,470,000,000 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 1,164,410,000,000 in 2019 and a minimum value of 480,107,000,000 in 1998.

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
1996 618,572,000,000
1997 507,412,000,000
1998 480,107,000,000
1999 494,194,000,000
2000 524,825,000,000
2001 545,771,000,000
2002 584,917,000,000
2003 645,707,000,000
2004 669,515,000,000
2005 712,322,000,000
2006 761,645,000,000
2007 858,652,000,000
2008 945,621,000,000
2009 952,370,000,000
2010 968,278,000,000
2011 985,429,000,000
2012 986,700,000,000
2013 1,004,820,000,000
2014 1,033,100,000,000
2015 1,045,320,000,000
2016 1,067,550,000,000
2017 1,093,630,000,000
2018 1,128,800,000,000
2019 1,164,410,000,000
2020 1,136,470,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Albania was 24,605,000,000 as of 2020. Over the past 29 years, the value for this indicator has fluctuated between 25,315,000,000 in 2019 and 3,681,828,000 in 1991.

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
1991 3,681,828,000
1992 6,316,460,000
1993 6,502,945,000
1994 6,543,300,000
1995 7,031,237,000
1996 8,250,631,000
1997 6,535,051,000
1998 6,267,781,000
1999 6,572,388,000
2000 7,228,469,000
2001 7,672,122,000
2002 8,444,844,000
2003 9,449,837,000
2004 10,041,590,000
2005 10,916,070,000
2006 11,846,890,000
2007 13,682,440,000
2008 15,575,920,000
2009 15,945,080,000
2010 17,060,860,000
2011 18,320,220,000
2012 19,292,530,000
2013 19,945,190,000
2014 20,777,620,000
2015 22,035,400,000
2016 22,541,740,000
2017 23,394,800,000
2018 24,597,620,000
2019 25,315,000,000
2020 24,605,000,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Albania was 24,311,190,000 as of 2020. Over the past 24 years, the value for this indicator has fluctuated between 24,908,900,000 in 2019 and 10,270,370,000 in 1998.

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
1996 13,232,400,000
1997 10,854,480,000
1998 10,270,370,000
1999 10,571,710,000
2000 11,226,970,000
2001 11,675,050,000
2002 12,512,450,000
2003 13,812,860,000
2004 14,322,150,000
2005 15,237,870,000
2006 16,292,980,000
2007 18,368,140,000
2008 20,228,560,000
2009 20,372,940,000
2010 20,713,250,000
2011 21,080,140,000
2012 21,107,320,000
2013 21,494,980,000
2014 22,099,830,000
2015 22,361,220,000
2016 22,836,800,000
2017 23,394,800,000
2018 24,147,070,000
2019 24,908,900,000
2020 24,311,190,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Albania was 82.87 as of 2020. Its highest value over the past 40 years was 165.50 in 1992, while its lowest value was 56.85 in 1981.

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
1980 58.10
1981 56.85
1982 60.09
1983 59.84
1984 62.96
1985 62.32
1986 62.42
1987 64.29
1988 66.82
1989 64.51
1990 62.68
1991 94.22
1992 165.50
1993 123.85
1994 101.18
1995 91.59
1996 94.14
1997 97.92
1998 94.62
1999 86.54
2000 82.73
2001 78.21
2002 80.03
2003 80.33
2004 77.21
2005 76.95
2006 77.62
2007 81.77
2008 83.09
2009 80.82
2010 78.11
2011 78.30
2012 77.97
2013 80.03
2014 80.79
2015 80.69
2016 80.96
2017 79.61
2018 79.11
2019 79.90
2020 82.87

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts