Kiribati - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Kiribati was 202,264,000 as of 2018. As the graph below shows, over the past 46 years this indicator reached a maximum value of 219,591,000 in 2017 and a minimum value of 8,934,000 in 1972.

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
1972 8,934,000
1973 11,202,000
1974 11,896,000
1975 15,742,000
1976 15,946,000
1977 17,122,000
1978 20,263,000
1979 21,286,000
1980 22,711,000
1981 23,382,000
1982 19,349,000
1983 20,671,000
1984 20,895,000
1985 22,066,000
1986 22,913,000
1987 24,040,000
1988 24,702,000
1989 26,744,000
1990 27,033,000
1991 29,587,000
1992 31,592,000
2008 155,339,000
2009 156,598,000
2010 153,197,000
2011 162,929,000
2012 161,593,000
2013 169,110,000
2014 176,195,000
2015 195,554,000
2016 204,925,000
2017 219,591,000
2018 202,264,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts