Guatemala - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Guatemala was 500,788,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 503,091,000,000 in 2019 and a minimum value of 876,000,000 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 current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 876,000,000
1961 914,200,000
1962 984,700,000
1963 1,066,900,000
1964 1,078,100,000
1965 1,093,900,000
1966 1,138,800,000
1967 1,200,800,000
1968 1,278,400,000
1969 1,378,800,000
1970 1,493,300,000
1971 1,588,000,000
1972 1,682,000,000
1973 2,033,600,000
1974 2,469,900,000
1975 2,874,800,000
1976 3,396,000,000
1977 4,126,500,000
1978 4,674,900,000
1979 5,431,500,000
1980 6,217,000,000
1981 7,022,000,000
1982 7,149,000,000
1983 7,501,000,000
1984 7,851,700,000
1985 9,232,900,000
1986 12,846,400,000
1987 14,989,200,000
1988 17,289,000,000
1989 19,837,300,000
1990 28,698,430,000
1991 39,685,320,000
1992 45,606,920,000
1993 54,459,160,000
1994 64,272,580,000
1995 72,899,470,000
1996 83,071,720,000
1997 93,804,420,000
1998 105,429,000,000
1999 114,554,000,000
2000 125,661,000,000
2001 122,599,000,000
2002 135,232,000,000
2003 147,087,000,000
2004 162,861,000,000
2005 182,231,000,000
2006 201,706,000,000
2007 228,461,000,000
2008 264,134,000,000
2009 264,615,000,000
2010 286,760,000,000
2011 316,528,000,000
2012 339,236,000,000
2013 356,251,000,000
2014 381,426,000,000
2015 401,370,000,000
2016 424,514,000,000
2017 447,060,000,000
2018 472,367,000,000
2019 503,091,000,000
2020 500,788,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts