Ethiopia - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Ethiopia was 2,000,760,000,000 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 2,000,760,000,000 in 2020 and a minimum value of 754,680,000,000 in 2011.

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
2011 754,680,000,000
2012 780,468,000,000
2013 857,256,000,000
2014 913,200,000,000
2015 1,003,950,000,000
2016 1,042,270,000,000
2017 1,132,430,000,000
2018 1,252,730,000,000
2019 1,641,270,000,000
2020 2,000,760,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts