Guinea - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Guinea was 83,156,200,000,000 as of 2020. As the graph below shows, over the past 34 years this indicator reached a maximum value of 88,801,100,000,000 in 2019 and a minimum value of 469,805,000,000 in 1986.

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
1986 469,805,000,000
1987 619,977,000,000
1988 858,898,000,000
1989 1,004,600,000,000
1990 1,177,540,000,000
1991 1,543,770,000,000
1992 2,113,560,000,000
1993 2,241,270,000,000
1994 2,453,540,000,000
1995 2,727,460,000,000
1996 2,986,510,000,000
1997 3,103,520,000,000
1998 3,533,910,000,000
1999 3,725,880,000,000
2000 4,022,590,000,000
2001 4,283,480,000,000
2002 4,649,470,000,000
2003 4,749,850,000,000
2004 5,997,100,000,000
2005 7,899,610,000,000
2006 19,594,700,000,000
2007 24,579,100,000,000
2008 28,263,800,000,000
2009 29,983,100,000,000
2010 31,203,900,000,000
2011 36,624,700,000,000
2012 42,319,100,000,000
2013 48,895,100,000,000
2014 50,603,100,000,000
2015 56,088,600,000,000
2016 64,008,800,000,000
2017 69,410,500,000,000
2018 78,144,800,000,000
2019 88,801,100,000,000
2020 83,156,200,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts