Colombia - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Colombia was $189,688,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $251,423,000,000 in 2014 and $2,943,982,000 in 1960.

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
1960 $2,943,982,000
1961 $3,363,768,000
1962 $3,708,680,000
1963 $3,637,089,000
1964 $4,582,541,000
1965 $4,293,905,000
1966 $4,158,593,000
1967 $4,284,158,000
1968 $4,379,899,000
1969 $4,759,406,000
1970 $5,168,400,000
1971 $5,761,163,000
1972 $6,230,158,000
1973 $7,221,711,000
1974 $8,768,461,000
1975 $9,466,624,000
1976 $10,904,570,000
1977 $13,604,290,000
1978 $16,361,660,000
1979 $19,771,760,000
1980 $23,453,380,000
1981 $26,384,970,000
1982 $28,395,430,000
1983 $27,859,560,000
1984 $26,998,180,000
1985 $24,069,600,000
1986 $22,833,600,000
1987 $24,052,950,000
1988 $25,685,010,000
1989 $25,814,220,000
1990 $30,617,000,000
1991 $31,706,490,000
1992 $39,074,800,000
1993 $44,396,290,000
1994 $53,849,890,000
1995 $60,761,210,000
1996 $63,639,590,000
1997 $69,402,190,000
1998 $64,834,270,000
1999 $55,517,160,000
2000 $69,389,530,000
2001 $69,267,140,000
2002 $68,631,970,000
2003 $65,372,030,000
2004 $78,678,000,000
2005 $98,829,120,000
2006 $108,874,000,000
2007 $138,241,000,000
2008 $160,046,000,000
2009 $154,580,000,000
2010 $188,942,000,000
2011 $216,282,000,000
2012 $243,445,000,000
2013 $250,416,000,000
2014 $251,423,000,000
2015 $200,962,000,000
2016 $195,318,000,000
2017 $213,679,000,000
2018 $227,650,000,000
2019 $221,710,000,000
2020 $189,688,000,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Colombia was 700,870,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 727,394,000,000,000 in 2019 and a minimum value of 19,533,320,000 in 1960.

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
1960 19,533,320,000
1961 22,537,240,000
1962 25,594,350,000
1963 32,733,800,000
1964 41,242,870,000
1965 45,086,000,000
1966 56,141,000,000
1967 62,149,000,000
1968 71,356,000,000
1969 82,441,000,000
1970 95,327,000,000
1971 114,839,000,000
1972 136,233,000,000
1973 170,228,000,000
1974 228,521,000,000
1975 292,779,000,000
1976 378,334,000,000
1977 500,287,000,000
1978 639,659,000,000
1979 841,255,000,000
1980 1,108,840,000,000
1981 1,437,700,000,000
1982 1,819,740,000,000
1983 2,196,940,000,000
1984 2,721,890,000,000
1985 3,425,390,000,000
1986 4,435,670,000,000
1987 5,835,410,000,000
1988 7,684,270,000,000
1989 9,875,660,000,000
1990 15,377,700,000,000
1991 20,071,800,000,000
1992 26,574,800,000,000
1993 34,925,200,000,000
1994 44,510,200,000,000
1995 55,461,800,000,000
1996 65,965,700,000,000
1997 79,193,800,000,000
1998 92,521,200,000,000
1999 97,631,200,000,000
2000 144,863,000,000,000
2001 159,289,000,000,000
2002 171,871,000,000,000
2003 188,118,000,000,000
2004 206,814,000,000,000
2005 229,366,000,000,000
2006 257,066,000,000,000
2007 287,306,000,000,000
2008 314,924,000,000,000
2009 333,624,000,000,000
2010 358,720,000,000,000
2011 399,719,000,000,000
2012 437,446,000,000,000
2013 467,973,000,000,000
2014 503,294,000,000,000
2015 551,013,000,000,000
2016 596,525,000,000,000
2017 630,636,000,000,000
2018 672,867,000,000,000
2019 727,394,000,000,000
2020 700,870,000,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Colombia was 211,019,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 223,570,000,000 in 2019 and 23,239,550,000 in 1960.

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
1960 23,239,550,000
1961 24,831,450,000
1962 26,759,250,000
1963 28,057,240,000
1964 30,815,680,000
1965 30,158,470,000
1966 32,300,310,000
1967 32,985,840,000
1968 35,184,640,000
1969 37,834,850,000
1970 40,228,010,000
1971 43,301,320,000
1972 45,816,830,000
1973 48,039,280,000
1974 50,937,940,000
1975 52,445,130,000
1976 56,102,940,000
1977 58,368,560,000
1978 63,270,420,000
1979 65,998,010,000
1980 68,910,470,000
1981 70,918,860,000
1982 71,966,580,000
1983 72,291,340,000
1984 74,361,350,000
1985 75,756,580,000
1986 78,207,600,000
1987 81,159,460,000
1988 84,193,900,000
1989 86,913,790,000
1990 89,535,520,000
1991 90,942,400,000
1992 93,702,230,000
1993 99,418,050,000
1994 105,307,000,000
1995 111,039,000,000
1996 112,197,000,000
1997 114,897,000,000
1998 113,970,000,000
1999 107,820,000,000
2000 109,973,000,000
2001 111,676,000,000
2002 113,910,000,000
2003 117,261,000,000
2004 121,792,000,000
2005 127,190,000,000
2006 135,291,000,000
2007 144,157,000,000
2008 150,089,000,000
2009 152,653,000,000
2010 160,366,000,000
2011 169,187,000,000
2012 178,719,000,000
2013 186,988,000,000
2014 194,933,000,000
2015 200,962,000,000
2016 204,144,000,000
2017 208,337,000,000
2018 215,080,000,000
2019 223,570,000,000
2020 211,019,000,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Colombia was -5.61 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 9.83 in 1964 and a minimum value of -5.61 in 2020.

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
1961 6.85
1962 7.76
1963 4.85
1964 9.83
1965 -2.13
1966 7.10
1967 2.12
1968 6.67
1969 7.53
1970 6.33
1971 7.64
1972 5.81
1973 4.85
1974 6.03
1975 2.96
1976 6.97
1977 4.04
1978 8.40
1979 4.31
1980 4.41
1981 2.91
1982 1.48
1983 0.45
1984 2.86
1985 1.88
1986 3.24
1987 3.77
1988 3.74
1989 3.23
1990 3.02
1991 1.57
1992 3.03
1993 6.10
1994 5.92
1995 5.44
1996 1.04
1997 2.41
1998 -0.81
1999 -5.40
2000 2.00
2001 1.55
2002 2.00
2003 2.94
2004 3.86
2005 4.43
2006 6.37
2007 6.55
2008 4.12
2009 1.71
2010 5.05
2011 5.50
2012 5.63
2013 4.63
2014 4.25
2015 3.09
2016 1.58
2017 2.05
2018 3.24
2019 3.95
2020 -5.61

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Colombia was 578,589,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 613,001,000,000,000 in 2019 and a minimum value of 63,720,100,000,000 in 1960.

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
1960 63,720,100,000,000
1961 68,084,900,000,000
1962 73,370,700,000,000
1963 76,929,600,000,000
1964 84,492,900,000,000
1965 82,690,900,000,000
1966 88,563,600,000,000
1967 90,443,200,000,000
1968 96,472,100,000,000
1969 103,739,000,000,000
1970 110,300,000,000,000
1971 118,727,000,000,000
1972 125,624,000,000,000
1973 131,718,000,000,000
1974 139,666,000,000,000
1975 143,798,000,000,000
1976 153,828,000,000,000
1977 160,040,000,000,000
1978 173,480,000,000,000
1979 180,959,000,000,000
1980 188,944,000,000,000
1981 194,451,000,000,000
1982 197,324,000,000,000
1983 198,214,000,000,000
1984 203,890,000,000,000
1985 207,716,000,000,000
1986 214,436,000,000,000
1987 222,530,000,000,000
1988 230,850,000,000,000
1989 238,307,000,000,000
1990 245,496,000,000,000
1991 249,353,000,000,000
1992 256,920,000,000,000
1993 272,592,000,000,000
1994 288,738,000,000,000
1995 304,456,000,000,000
1996 307,631,000,000,000
1997 315,035,000,000,000
1998 312,493,000,000,000
1999 295,630,000,000,000
2000 301,534,000,000,000
2001 306,202,000,000,000
2002 312,327,000,000,000
2003 321,516,000,000,000
2004 333,938,000,000,000
2005 348,741,000,000,000
2006 370,953,000,000,000
2007 395,261,000,000,000
2008 411,526,000,000,000
2009 418,556,000,000,000
2010 439,704,000,000,000
2011 463,891,000,000,000
2012 490,026,000,000,000
2013 512,699,000,000,000
2014 534,484,000,000,000
2015 551,013,000,000,000
2016 559,739,000,000,000
2017 571,235,000,000,000
2018 589,723,000,000,000
2019 613,001,000,000,000
2020 578,589,000,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Colombia was 458,106,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 479,672,000,000 in 2019 and 97,585,820,000 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 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 97,585,820,000
1991 101,857,000,000
1992 109,376,000,000
1993 120,864,000,000
1994 128,657,000,000
1995 136,322,000,000
1996 138,160,000,000
1997 143,288,000,000
1998 143,241,000,000
1999 139,311,000,000
2000 162,681,000,000
2001 170,360,000,000
2002 175,579,000,000
2003 183,457,000,000
2004 195,550,000,000
2005 213,449,000,000
2006 236,781,000,000
2007 257,884,000,000
2008 274,327,000,000
2009 277,908,000,000
2010 296,968,000,000
2011 330,075,000,000
2012 367,755,000,000
2013 383,298,000,000
2014 402,951,000,000
2015 421,981,000,000
2016 425,085,000,000
2017 429,799,000,000
2018 459,479,000,000
2019 479,672,000,000
2020 458,106,000,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Colombia was 435,332,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 461,224,000,000 in 2019 and 184,712,000,000 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 converted to constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 184,712,000,000
1991 187,614,000,000
1992 193,308,000,000
1993 205,099,000,000
1994 217,247,000,000
1995 229,074,000,000
1996 231,463,000,000
1997 237,033,000,000
1998 235,121,000,000
1999 222,433,000,000
2000 226,875,000,000
2001 230,388,000,000
2002 234,996,000,000
2003 241,910,000,000
2004 251,256,000,000
2005 262,394,000,000
2006 279,106,000,000
2007 297,396,000,000
2008 309,633,000,000
2009 314,923,000,000
2010 330,835,000,000
2011 349,033,000,000
2012 368,697,000,000
2013 385,756,000,000
2014 402,147,000,000
2015 414,584,000,000
2016 421,149,000,000
2017 429,799,000,000
2018 443,709,000,000
2019 461,224,000,000
2020 435,332,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Colombia was 69.88 as of 2020. Its highest value over the past 60 years was 76.72 in 1964, while its lowest value was 63.99 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. 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
1960 73.03
1961 74.08
1962 74.84
1963 75.21
1964 76.72
1965 74.54
1966 76.61
1967 73.55
1968 73.49
1969 73.79
1970 71.80
1971 73.67
1972 71.85
1973 70.01
1974 70.88
1975 72.27
1976 71.08
1977 69.87
1978 70.33
1979 70.76
1980 70.22
1981 72.51
1982 72.87
1983 71.93
1984 70.58
1985 68.98
1986 65.35
1987 66.13
1988 65.50
1989 65.29
1990 63.99
1991 64.48
1992 66.89
1993 66.81
1994 65.91
1995 65.68
1996 65.50
1997 65.07
1998 65.86
1999 64.42
2000 69.47
2001 70.53
2002 70.06
2003 69.07
2004 67.20
2005 67.87
2006 67.36
2007 67.05
2008 66.08
2009 66.52
2010 65.93
2011 64.57
2012 65.63
2013 65.53
2014 65.97
2015 68.48
2016 69.06
2017 68.51
2018 68.12
2019 68.55
2020 69.88

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts