European Union - Final consumption expenditure
Final consumption expenditure (current US$)
The latest value for Final consumption expenditure (current US$) in European Union was $11,344,000,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $12,244,500,000,000 in 2008 and $526,203,000,000 in 1970.
Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | $526,203,000,000 |
| 1971 | $602,019,000,000 |
| 1972 | $728,514,000,000 |
| 1973 | $939,522,000,000 |
| 1974 | $1,073,170,000,000 |
| 1975 | $1,292,670,000,000 |
| 1976 | $1,352,330,000,000 |
| 1977 | $1,541,470,000,000 |
| 1978 | $1,871,270,000,000 |
| 1979 | $2,270,040,000,000 |
| 1980 | $2,571,190,000,000 |
| 1981 | $2,279,300,000,000 |
| 1982 | $2,201,200,000,000 |
| 1983 | $2,136,780,000,000 |
| 1984 | $2,041,070,000,000 |
| 1985 | $2,099,490,000,000 |
| 1986 | $2,903,160,000,000 |
| 1987 | $3,615,200,000,000 |
| 1988 | $3,922,070,000,000 |
| 1989 | $3,980,820,000,000 |
| 1990 | $4,968,910,000,000 |
| 1991 | $5,153,630,000,000 |
| 1992 | $5,720,050,000,000 |
| 1993 | $5,248,540,000,000 |
| 1994 | $5,508,940,000,000 |
| 1995 | $6,313,750,000,000 |
| 1996 | $6,451,250,000,000 |
| 1997 | $5,876,010,000,000 |
| 1998 | $6,018,810,000,000 |
| 1999 | $6,002,330,000,000 |
| 2000 | $5,500,090,000,000 |
| 2001 | $5,585,800,000,000 |
| 2002 | $6,112,680,000,000 |
| 2003 | $7,556,480,000,000 |
| 2004 | $8,636,470,000,000 |
| 2005 | $9,042,430,000,000 |
| 2006 | $9,562,380,000,000 |
| 2007 | $10,940,900,000,000 |
| 2008 | $12,244,500,000,000 |
| 2009 | $11,476,300,000,000 |
| 2010 | $11,240,000,000,000 |
| 2011 | $12,071,300,000,000 |
| 2012 | $11,246,800,000,000 |
| 2013 | $11,718,900,000,000 |
| 2014 | $11,882,100,000,000 |
| 2015 | $10,147,000,000,000 |
| 2016 | $10,374,100,000,000 |
| 2017 | $10,951,800,000,000 |
| 2018 | $11,818,300,000,000 |
| 2019 | $11,547,100,000,000 |
| 2020 | $11,344,000,000,000 |
Final consumption expenditure (constant 2010 US$)
The latest value for Final consumption expenditure (constant 2010 US$) in European Union was 10,374,000,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 10,912,000,000,000 in 2019 and 3,885,230,000,000 in 1970.
Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | 3,885,230,000,000 |
| 1971 | 4,075,460,000,000 |
| 1972 | 4,273,830,000,000 |
| 1973 | 4,492,380,000,000 |
| 1974 | 4,618,790,000,000 |
| 1975 | 4,751,510,000,000 |
| 1976 | 4,967,430,000,000 |
| 1977 | 5,122,720,000,000 |
| 1978 | 5,292,980,000,000 |
| 1979 | 5,489,960,000,000 |
| 1980 | 5,622,570,000,000 |
| 1981 | 5,695,900,000,000 |
| 1982 | 5,757,670,000,000 |
| 1983 | 5,820,210,000,000 |
| 1984 | 5,900,170,000,000 |
| 1985 | 6,033,960,000,000 |
| 1986 | 6,230,440,000,000 |
| 1987 | 6,437,510,000,000 |
| 1988 | 6,636,030,000,000 |
| 1989 | 6,821,380,000,000 |
| 1990 | 7,020,890,000,000 |
| 1991 | 7,174,580,000,000 |
| 1992 | 7,322,050,000,000 |
| 1993 | 7,307,990,000,000 |
| 1994 | 7,418,810,000,000 |
| 1995 | 7,535,960,000,000 |
| 1996 | 7,696,760,000,000 |
| 1997 | 7,833,040,000,000 |
| 1998 | 8,062,520,000,000 |
| 1999 | 8,300,070,000,000 |
| 2000 | 8,533,160,000,000 |
| 2001 | 8,705,160,000,000 |
| 2002 | 8,825,800,000,000 |
| 2003 | 8,959,710,000,000 |
| 2004 | 9,128,740,000,000 |
| 2005 | 9,314,570,000,000 |
| 2006 | 9,524,700,000,000 |
| 2007 | 9,731,530,000,000 |
| 2008 | 9,844,640,000,000 |
| 2009 | 9,827,280,000,000 |
| 2010 | 9,919,900,000,000 |
| 2011 | 9,943,530,000,000 |
| 2012 | 9,879,840,000,000 |
| 2013 | 9,854,560,000,000 |
| 2014 | 9,957,270,000,000 |
| 2015 | 10,147,000,000,000 |
| 2016 | 10,366,200,000,000 |
| 2017 | 10,559,000,000,000 |
| 2018 | 10,732,200,000,000 |
| 2019 | 10,912,000,000,000 |
| 2020 | 10,374,000,000,000 |
Final consumption expenditure (annual % growth)
The value for Final consumption expenditure (annual % growth) in European Union was -4.93 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 5.11 in 1973 and a minimum value of -4.93 in 2020.
Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate 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 |
|---|---|
| 1971 | 4.90 |
| 1972 | 4.87 |
| 1973 | 5.11 |
| 1974 | 2.81 |
| 1975 | 2.87 |
| 1976 | 4.54 |
| 1977 | 3.13 |
| 1978 | 3.32 |
| 1979 | 3.72 |
| 1980 | 2.42 |
| 1981 | 1.30 |
| 1982 | 1.08 |
| 1983 | 1.09 |
| 1984 | 1.37 |
| 1985 | 2.27 |
| 1986 | 3.26 |
| 1987 | 3.32 |
| 1988 | 3.08 |
| 1989 | 2.79 |
| 1990 | 2.92 |
| 1991 | 2.19 |
| 1992 | 2.06 |
| 1993 | -0.19 |
| 1994 | 1.52 |
| 1995 | 1.58 |
| 1996 | 2.13 |
| 1997 | 1.77 |
| 1998 | 2.93 |
| 1999 | 2.95 |
| 2000 | 2.81 |
| 2001 | 2.02 |
| 2002 | 1.39 |
| 2003 | 1.52 |
| 2004 | 1.89 |
| 2005 | 2.04 |
| 2006 | 2.26 |
| 2007 | 2.17 |
| 2008 | 1.16 |
| 2009 | -0.18 |
| 2010 | 0.94 |
| 2011 | 0.24 |
| 2012 | -0.64 |
| 2013 | -0.26 |
| 2014 | 1.04 |
| 2015 | 1.91 |
| 2016 | 2.16 |
| 2017 | 1.86 |
| 2018 | 1.64 |
| 2019 | 1.68 |
| 2020 | -4.93 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
