Barbados - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Barbados was $4,081,664,000 as of 2019. Over the past 44 years, the value for this indicator has fluctuated between $4,081,664,000 in 2019 and $298,469,400 in 1975.

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
1975 $298,469,400
1976 $322,436,900
1977 $347,468,600
1978 $388,898,200
1979 $479,938,300
1980 $537,562,800
1981 $614,179,900
1982 $627,952,100
1983 $656,838,800
1984 $711,977,300
1985 $694,575,600
1986 $869,189,100
1987 $968,229,500
1988 $951,325,000
1989 $1,043,156,000
1990 $1,401,034,000
1991 $1,454,234,000
1992 $1,432,900,000
1993 $1,490,628,000
1994 $1,514,891,000
1995 $1,680,157,000
1996 $1,745,637,000
1997 $1,888,629,000
1998 $2,048,128,000
1999 $2,192,711,000
2000 $2,276,950,000
2001 $2,328,650,000
2002 $2,299,650,000
2003 $2,147,500,000
2004 $2,470,650,000
2005 $2,808,500,000
2006 $2,901,646,000
2007 $3,351,080,000
2008 $3,615,131,000
2009 $3,140,801,000
2010 $3,522,719,000
2011 $3,642,588,000
2012 $3,561,558,000
2013 $3,696,622,000
2014 $3,703,119,000
2015 $3,616,222,000
2016 $3,658,986,000
2017 $3,841,177,000
2018 $3,995,056,000
2019 $4,081,664,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Barbados was 8,163,329,000 as of 2019. As the graph below shows, over the past 44 years this indicator reached a maximum value of 8,163,329,000 in 2019 and a minimum value of 602,938,000 in 1975.

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
1975 602,938,000
1976 646,099,000
1977 697,300,000
1978 782,191,000
1979 965,300,000
1980 1,081,200,000
1981 1,235,300,000
1982 1,263,000,000
1983 1,321,100,000
1984 1,432,000,000
1985 1,397,000,000
1986 1,748,200,000
1987 1,947,400,000
1988 1,913,400,000
1989 2,098,100,000
1990 2,817,900,000
1991 2,924,900,000
1992 2,865,800,000
1993 2,998,100,000
1994 3,046,900,000
1995 3,379,300,000
1996 3,511,000,000
1997 3,798,600,000
1998 4,119,400,000
1999 4,410,200,000
2000 4,553,900,000
2001 4,657,300,000
2002 4,599,300,000
2003 4,295,000,000
2004 4,941,300,000
2005 5,617,000,000
2006 5,803,292,000
2007 6,702,160,000
2008 7,230,261,000
2009 6,281,601,000
2010 7,045,437,000
2011 7,285,176,000
2012 7,123,116,000
2013 7,393,244,000
2014 7,406,238,000
2015 7,232,445,000
2016 7,317,973,000
2017 7,682,355,000
2018 7,990,112,000
2019 8,163,329,000

Household final consumption expenditure (constant 2010 US$)

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
2015 3,616,222,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Barbados was 3,327,994,000 as of 2019. Over the past 29 years, the value for this indicator has fluctuated between 3,470,991,000 in 2008 and 1,418,593,000 in 1992.

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 1,464,250,000
1991 1,490,920,000
1992 1,418,593,000
1993 1,511,062,000
1994 1,574,484,000
1995 1,762,133,000
1996 1,840,554,000
1997 1,891,989,000
1998 2,110,400,000
1999 2,273,349,000
2000 2,368,988,000
2001 2,428,643,000
2002 2,433,389,000
2003 2,286,941,000
2004 2,664,361,000
2005 2,951,915,000
2006 2,933,810,000
2007 3,349,745,000
2008 3,470,991,000
2009 2,899,208,000
2010 3,123,178,000
2011 3,044,260,000
2012 3,008,349,000
2013 3,044,603,000
2014 3,026,521,000
2015 3,073,016,000
2016 3,180,362,000
2017 3,240,785,000
2018 3,330,582,000
2019 3,327,994,000

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

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
2017 3,240,785,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Barbados was 78.36 as of 2019. Its highest value over the past 44 years was 79.04 in 2013, while its lowest value was 49.28 in 1985.

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
1975 74.21
1976 73.97
1977 70.18
1978 70.34
1979 71.59
1980 53.10
1981 55.12
1982 53.95
1983 53.14
1984 52.86
1985 49.28
1986 56.16
1987 56.81
1988 52.48
1989 52.00
1990 69.63
1991 71.97
1992 73.22
1993 72.24
1994 70.42
1995 75.79
1996 73.85
1997 75.59
1998 72.70
1999 74.28
2000 74.42
2001 76.24
2002 74.03
2003 66.91
2004 71.73
2005 73.53
2006 68.80
2007 71.70
2008 75.55
2009 70.33
2010 77.76
2011 78.21
2012 77.26
2013 79.04
2014 78.85
2015 76.70
2016 75.76
2017 77.16
2018 78.54
2019 78.36

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts