Guinea-Bissau - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Guinea-Bissau was $1,168,309,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $1,174,671,000 in 2017 and $60,369,860 in 1970.

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
1970 $60,369,860
1971 $63,222,900
1972 $75,197,200
1973 $79,820,000
1974 $91,050,170
1975 $89,881,610
1976 $91,594,090
1977 $97,705,670
1978 $103,890,500
1979 $104,896,300
1981 $108,764,500
1982 $125,379,900
1983 $127,802,400
1984 $117,325,600
1985 $150,431,200
1986 $116,651,500
1987 $141,983,600
1988 $138,782,400
1989 $185,622,100
1990 $211,958,000
1991 $221,668,900
1992 $199,431,400
1993 $203,568,700
1994 $209,608,400
1995 $240,677,800
1996 $247,976,900
1997 $235,920,300
1998 $208,081,600
1999 $202,839,600
2000 $327,745,900
2001 $341,180,700
2002 $357,352,800
2003 $395,958,300
2004 $471,653,300
2005 $525,226,100
2006 $554,193,700
2007 $631,210,700
2008 $792,872,800
2009 $803,235,600
2010 $852,700,700
2011 $953,241,600
2012 $927,462,500
2013 $975,156,600
2014 $906,528,700
2015 $893,972,400
2016 $1,027,509,000
2017 $1,174,671,000
2018 $1,137,268,000
2019 $1,147,330,000
2020 $1,168,309,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Guinea-Bissau was 672,462,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 682,081,000,000 in 2017 and a minimum value of 33,147,700 in 1970.

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
1970 33,147,700
1971 34,043,100
1972 40,490,800
1973 47,093,800
1974 55,358,500
1975 57,261,500
1976 60,283,000
1977 60,141,600
1978 72,100,000
1979 80,124,600
1981 71,784,600
1982 93,938,500
1983 115,415,400
1984 217,676,900
1985 370,292,300
1986 669,938,500
1987 1,221,077,000
1988 2,369,349,000
1989 5,169,275,000
1990 7,126,540,000
1991 12,476,920,000
1992 21,274,460,000
1993 31,574,770,000
1994 41,573,850,000
1995 66,917,850,000
1996 100,615,000,000
1997 137,699,000,000
1998 122,758,000,000
1999 124,888,000,000
2000 232,768,000,000
2001 249,880,000,000
2002 247,900,000,000
2003 229,615,000,000
2004 248,721,000,000
2005 276,930,000,000
2006 289,525,000,000
2007 302,119,000,000
2008 353,621,000,000
2009 377,756,000,000
2010 421,911,000,000
2011 449,214,000,000
2012 473,522,000,000
2013 481,629,000,000
2014 447,605,000,000
2015 528,527,000,000
2016 608,908,000,000
2017 682,081,000,000
2018 631,691,000,000
2019 672,233,000,000
2020 672,462,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Guinea-Bissau was 978,586,100 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 1,155,791,000 in 2017 and 574,269,100 in 2000.

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
2000 574,269,100
2001 652,847,600
2002 667,405,500
2003 626,520,800
2004 672,817,900
2005 648,312,700
2006 686,036,000
2007 693,121,500
2008 733,746,900
2009 753,064,800
2010 848,744,800
2011 825,999,200
2012 825,151,400
2013 839,218,200
2014 804,443,600
2015 893,972,400
2016 990,814,500
2017 1,155,791,000
2018 1,006,843,000
2019 1,018,265,000
2020 978,586,100

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Guinea-Bissau was -3.90 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 16.65 in 2017 and a minimum value of -12.89 in 2018.

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
2001 13.68
2002 2.23
2003 -6.13
2004 7.39
2005 -3.64
2006 5.82
2007 1.03
2008 5.86
2009 2.63
2010 12.71
2011 -2.68
2012 -0.10
2013 1.70
2014 -4.14
2015 11.13
2016 10.83
2017 16.65
2018 -12.89
2019 1.13
2020 -3.90

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Guinea-Bissau was 418,008,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 493,702,000,000 in 2017 and a minimum value of 245,302,000,000 in 2000.

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
2000 245,302,000,000
2001 278,867,000,000
2002 285,085,000,000
2003 267,621,000,000
2004 287,397,000,000
2005 276,930,000,000
2006 293,044,000,000
2007 296,070,000,000
2008 313,423,000,000
2009 321,675,000,000
2010 362,545,000,000
2011 352,829,000,000
2012 352,467,000,000
2013 358,476,000,000
2014 343,622,000,000
2015 381,865,000,000
2016 423,231,000,000
2017 493,702,000,000
2018 430,078,000,000
2019 434,957,000,000
2020 418,008,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Guinea-Bissau was 3,000,657,000 as of 2019. Over the past 29 years, the value for this indicator has fluctuated between 3,000,657,000 in 2019 and 643,776,300 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 643,776,300
1991 745,476,400
1992 772,253,300
1993 796,701,700
1994 934,525,800
1995 1,063,820,000
1996 1,092,261,000
1997 1,026,005,000
1998 859,959,700
1999 913,073,300
2000 924,385,200
2001 987,330,800
2002 963,255,700
2003 945,579,500
2004 1,042,472,000
2005 1,161,419,000
2006 1,229,382,000
2007 1,261,217,000
2008 1,387,734,000
2009 1,501,982,000
2010 1,663,181,000
2011 1,738,959,000
2012 1,924,780,000
2013 1,956,354,000
2014 1,880,510,000
2015 2,233,783,000
2016 2,597,625,000
2017 2,937,477,000
2018 2,776,331,000
2019 3,000,657,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Guinea-Bissau was 2,487,107,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 2,937,477,000 in 2017 and 1,459,523,000 in 2000.

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
2000 1,459,523,000
2001 1,659,232,000
2002 1,696,232,000
2003 1,592,322,000
2004 1,709,987,000
2005 1,647,707,000
2006 1,743,582,000
2007 1,761,589,000
2008 1,864,840,000
2009 1,913,937,000
2010 2,157,111,000
2011 2,099,302,000
2012 2,097,148,000
2013 2,132,899,000
2014 2,044,518,000
2015 2,272,058,000
2016 2,518,185,000
2017 2,937,477,000
2018 2,558,924,000
2019 2,587,952,000
2020 2,487,107,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Guinea-Bissau was 81.60 as of 2020. Its highest value over the past 50 years was 104.57 in 1985, while its lowest value was 70.29 in 1981.

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
1970 76.68
1971 80.50
1972 85.74
1973 89.31
1974 92.18
1975 82.47
1976 81.50
1977 84.98
1978 84.69
1979 88.49
1981 70.29
1982 75.75
1983 78.13
1984 84.72
1985 104.57
1986 89.58
1987 81.68
1988 84.39
1989 87.09
1990 86.88
1991 86.20
1992 88.12
1993 85.94
1994 88.96
1995 94.77
1996 91.70
1997 87.85
1998 100.79
1999 90.37
2000 88.32
2001 86.90
2002 85.53
2003 82.93
2004 88.65
2005 89.47
2006 93.56
2007 90.57
2008 91.33
2009 96.76
2010 100.33
2011 86.67
2012 93.75
2013 93.22
2014 85.93
2015 85.28
2016 87.15
2017 87.00
2018 75.58
2019 79.70
2020 81.60

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts