Madagascar - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Madagascar was 37,990,200,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 37,990,200,000,000 in 2020 and a minimum value of 28,368,040,000 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 28,368,040,000
1961 28,874,850,000
1962 30,061,880,000
1963 31,437,110,000
1964 33,051,950,000
1965 34,688,780,000
1966 36,396,420,000
1967 37,478,850,000
1968 40,222,510,000
1969 43,219,980,000
1970 49,038,110,000
1971 53,552,410,000
1972 55,171,040,000
1973 61,375,390,000
1974 78,297,560,000
1975 84,214,100,000
1976 86,558,560,000
1977 97,942,210,000
1978 102,935,000,000
1979 128,858,000,000
1980 86,814,590,000
1981 131,000,000,000
1982 211,187,000,000
1983 260,404,000,000
1984 268,072,000,000
1985 349,056,000,000
1986 400,847,000,000
1987 426,607,000,000
1988 662,866,000,000
1989 491,104,000,000
1990 702,554,000,000
1991 735,536,000,000
1992 756,979,000,000
1993 860,841,000,000
1994 1,276,050,000,000
1995 2,722,930,000,000
1996 3,276,740,000,000
1997 3,470,010,000,000
1998 3,604,710,000,000
1999 4,028,370,000,000
2000 4,719,720,000,000
2001 4,981,420,000,000
2002 5,900,140,000,000
2003 5,938,500,000,000
2004 6,621,630,000,000
2005 8,807,260,000,000
2006 9,583,280,000,000
2007 10,473,100,000,000
2008 12,114,800,000,000
2009 13,531,800,000,000
2010 15,435,300,000,000
2011 17,212,100,000,000
2012 18,785,500,000,000
2013 21,293,600,000,000
2014 22,110,400,000,000
2015 24,349,800,000,000
2016 26,919,300,000,000
2017 29,401,900,000,000
2018 33,047,300,000,000
2019 36,182,300,000,000
2020 37,990,200,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts