Azerbaijan - Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Azerbaijan was 2.20 as of 2012. As the graph below shows, over the past 19 years this indicator reached a maximum value of 36.37 in 2006 and a minimum value of -26.80 in 1994.

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
1993 -25.30
1994 -26.80
1995 -2.60
1996 9.50
1997 11.90
1998 13.90
1999 12.20
2000 21.75
2001 -3.12
2002 12.43
2003 5.78
2004 10.65
2005 21.20
2006 36.37
2007 18.09
2008 6.59
2009 6.39
2010 -14.97
2011 23.91
2012 2.20

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts