Jamaica - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Jamaica was $10,523,300,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $12,654,500,000 in 2012 and $483,281,200 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 U.S. dollars.

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

See also:

Year Value
1960 $483,281,200
1961 $499,293,600
1962 $524,039,900
1963 $551,697,600
1964 $634,670,600
1965 $669,606,600
1966 $684,446,300
1967 $719,552,600
1968 $660,146,400
1969 $729,149,200
1970 $855,754,200
1971 $964,337,200
1972 $1,261,107,000
1973 $1,177,637,000
1974 $1,615,664,000
1975 $1,894,511,000
1976 $2,069,849,000
1977 $2,133,759,000
1978 $1,630,793,000
1979 $1,511,503,000
1980 $1,710,172,000
1981 $2,016,448,000
1982 $2,232,289,000
1983 $2,351,258,000
1984 $1,576,925,000
1985 $1,483,557,000
1986 $1,813,776,000
1987 $2,142,107,000
1988 $2,533,232,000
1989 $3,050,482,000
1990 $2,980,025,000
1991 $2,703,736,000
1992 $2,346,651,000
1993 $3,204,068,000
1994 $3,639,254,000
1995 $4,593,834,000
1996 $5,157,276,000
1997 $5,765,228,000
1998 $6,180,109,000
1999 $6,339,314,000
2000 $6,709,836,000
2001 $6,763,827,000
2002 $7,217,051,000
2003 $7,021,782,000
2004 $7,618,502,000
2005 $8,858,780,000
2006 $9,325,854,000
2007 $10,281,690,000
2008 $12,219,770,000
2009 $9,736,501,000
2010 $10,830,700,000
2011 $12,399,790,000
2012 $12,654,500,000
2013 $12,174,150,000
2014 $11,847,650,000
2015 $11,508,120,000
2016 $10,937,940,000
2017 $11,594,610,000
2018 $11,971,250,000
2019 $12,061,020,000
2020 $10,523,300,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Jamaica was 1,498,550,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,607,880,000,000 in 2019 and a minimum value of 345,207,800 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 345,207,800
1961 356,645,400
1962 374,321,700
1963 394,077,600
1964 453,345,200
1965 478,300,000
1966 488,900,000
1967 521,100,000
1968 550,100,000
1969 607,600,000
1970 713,100,000
1971 803,100,000
1972 967,900,000
1973 1,062,700,000
1974 1,468,800,000
1975 1,722,300,000
1976 1,881,700,000
1977 1,939,800,000
1978 2,304,800,000
1979 2,667,500,000
1980 3,046,500,000
1981 3,592,100,000
1982 3,976,600,000
1983 4,543,100,000
1984 6,217,500,000
1985 8,246,500,000
1986 9,935,500,000
1987 11,753,100,000
1988 13,903,900,000
1989 17,523,800,000
1990 21,408,500,000
1991 32,758,200,000
1992 53,879,800,000
1993 79,937,000,000
1994 120,408,000,000
1995 161,437,000,000
1996 191,436,000,000
1997 204,115,000,000
1998 225,883,000,000
1999 247,509,000,000
2000 288,427,000,000
2001 311,111,000,000
2002 349,420,000,000
2003 405,444,000,000
2004 466,231,000,000
2005 551,731,000,000
2006 613,118,000,000
2007 711,413,000,000
2008 889,064,000,000
2009 855,781,000,000
2010 944,395,000,000
2011 1,065,060,000,000
2012 1,123,080,000,000
2013 1,222,260,000,000
2014 1,314,310,000,000
2015 1,346,100,000,000
2016 1,368,280,000,000
2017 1,483,700,000,000
2018 1,542,750,000,000
2019 1,607,880,000,000
2020 1,498,550,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Jamaica was 10,650,020,000 as of 2020. Over the past 13 years, the value for this indicator has fluctuated between 12,954,500,000 in 2008 and 10,650,020,000 in 2020.

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
2007 12,565,480,000
2008 12,954,500,000
2009 11,521,790,000
2010 11,379,530,000
2011 11,814,710,000
2012 11,698,450,000
2013 11,618,120,000
2014 11,519,810,000
2015 11,508,120,000
2016 11,489,940,000
2017 11,624,650,000
2018 11,739,590,000
2019 11,859,710,000
2020 10,650,020,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Jamaica was -10.20 as of 2020. As the graph below shows, over the past 12 years this indicator reached a maximum value of 3.82 in 2011 and a minimum value of -11.06 in 2009.

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
2008 3.10
2009 -11.06
2010 -1.23
2011 3.82
2012 -0.98
2013 -0.69
2014 -0.85
2015 -0.10
2016 -0.16
2017 1.17
2018 0.99
2019 1.02
2020 -10.20

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Jamaica was 602,967,000,000 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 733,438,000,000 in 2008 and a minimum value of 602,967,000,000 in 2020.

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
2007 711,413,000,000
2008 733,438,000,000
2009 652,323,000,000
2010 644,269,000,000
2011 668,907,000,000
2012 662,325,000,000
2013 657,777,000,000
2014 652,211,000,000
2015 651,549,000,000
2016 650,520,000,000
2017 658,147,000,000
2018 664,654,000,000
2019 671,455,000,000
2020 602,967,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Jamaica was 19,817,980,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 22,102,640,000 in 2019 and 5,474,979,000 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 5,474,979,000
1991 6,153,552,000
1992 5,881,527,000
1993 7,359,301,000
1994 8,421,419,000
1995 9,680,508,000
1996 9,347,506,000
1997 9,301,310,000
1998 9,427,333,000
1999 9,962,721,000
2000 11,095,200,000
2001 11,522,300,000
2002 12,277,560,000
2003 13,234,510,000
2004 13,760,940,000
2005 14,634,130,000
2006 15,463,160,000
2007 16,892,380,000
2008 17,964,780,000
2009 15,722,610,000
2010 15,660,350,000
2011 16,938,940,000
2012 18,278,690,000
2013 18,555,830,000
2014 18,927,390,000
2015 19,323,520,000
2016 19,916,570,000
2017 21,077,790,000
2018 21,643,330,000
2019 22,102,640,000
2020 19,817,980,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Jamaica was 19,310,580,000 as of 2020. Over the past 13 years, the value for this indicator has fluctuated between 23,489,050,000 in 2008 and 19,310,580,000 in 2020.

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
2007 22,783,680,000
2008 23,489,050,000
2009 20,891,270,000
2010 20,633,330,000
2011 21,422,390,000
2012 21,211,590,000
2013 21,065,940,000
2014 20,887,680,000
2015 20,866,480,000
2016 20,833,530,000
2017 21,077,790,000
2018 21,286,180,000
2019 21,503,990,000
2020 19,310,580,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Jamaica was 76.19 as of 2020. Its highest value over the past 60 years was 89.13 in 2008, while its lowest value was 58.90 in 1993.

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
1960 69.13
1961 66.75
1962 67.38
1963 66.74
1964 70.68
1965 68.88
1966 62.41
1967 62.68
1968 60.91
1969 61.21
1970 60.92
1971 62.62
1972 67.26
1973 61.79
1974 68.03
1975 66.23
1976 69.79
1977 65.66
1978 61.67
1979 62.33
1980 63.83
1981 67.69
1982 67.78
1983 64.96
1984 66.44
1985 70.64
1986 65.85
1987 65.17
1988 66.17
1989 69.25
1990 64.89
1991 65.85
1992 66.37
1993 58.90
1994 66.74
1995 69.84
1996 69.75
1997 68.63
1998 70.33
1999 71.33
2000 74.51
2001 73.56
2002 74.26
2003 74.46
2004 74.88
2005 78.79
2006 78.17
2007 80.33
2008 89.13
2009 80.33
2010 81.92
2011 85.84
2012 85.46
2013 85.35
2014 85.24
2015 81.11
2016 77.70
2017 78.29
2018 76.10
2019 76.19
2020 76.19

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts