Azerbaijan - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Azerbaijan was 43,863,400,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 47,095,800,000 in 2019 and a minimum value of 154,200 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 in current local currency.

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

Year Value
1990 154,200
1991 271,300
1992 3,077,100
1993 20,627,200
1994 290,670,800
1995 1,799,800,000
1996 2,396,000,000
1997 2,351,900,000
1998 2,752,600,000
1999 2,860,600,000
2000 3,039,000,000
2001 3,268,900,000
2002 3,813,400,000
2003 4,285,200,000
2004 4,760,900,000
2005 5,274,600,000
2006 6,955,400,000
2007 9,472,800,000
2008 13,420,100,000
2009 15,222,000,000
2010 16,715,300,000
2011 19,405,000,000
2012 21,607,900,000
2013 24,380,000,000
2014 26,814,600,000
2015 30,828,100,000
2016 35,474,700,000
2017 40,505,000,000
2018 43,362,300,000
2019 47,095,800,000
2020 43,863,400,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts