Mongolia - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Mongolia was $8,050,570,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $8,134,879,000 in 2019 and $342,152,900 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. Data are in current U.S. dollars.

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

See also:

Year Value
1981 $1,208,968,000
1982 $1,157,667,000
1983 $1,537,249,000
1984 $1,170,170,000
1985 $1,212,822,000
1986 $1,743,009,000
1987 $1,958,027,000
1988 $2,090,431,000
1989 $1,929,260,000
1990 $1,302,120,000
1991 $1,309,126,000
1992 $636,199,600
1993 $342,152,900
1994 $375,668,500
1995 $777,879,200
1996 $787,118,200
1997 $637,706,200
1998 $658,046,100
1999 $618,392,600
2000 $853,894,600
2001 $958,320,100
2002 $1,077,040,000
2003 $1,118,688,000
2004 $1,291,772,000
2005 $1,392,331,000
2006 $1,614,945,000
2007 $2,058,509,000
2008 $3,162,111,000
2009 $2,678,591,000
2010 $3,969,815,000
2011 $5,359,605,000
2012 $6,517,484,000
2013 $7,020,658,000
2014 $6,924,121,000
2015 $7,192,707,000
2016 $6,790,003,000
2017 $6,459,633,000
2018 $7,637,417,000
2019 $8,134,879,000
2020 $8,050,570,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Mongolia was 22,648,600,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 22,648,600,000,000 in 2020 and a minimum value of 3,473,001,000 in 1982.

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
1981 3,626,905,000
1982 3,473,001,000
1983 4,611,746,000
1984 4,680,679,000
1985 4,851,288,000
1986 5,229,028,000
1987 5,874,081,000
1988 6,271,292,000
1989 5,787,779,000
1990 6,510,600,000
1991 12,436,700,000
1992 27,102,100,000
1993 101,380,000,000
1994 155,046,000,000
1995 348,964,000,000
1996 431,658,000,000
1997 503,782,000,000
1998 553,304,000,000
1999 631,916,000,000
2000 919,363,000,000
2001 1,051,950,000,000
2002 1,195,850,000,000
2003 1,282,620,000,000
2004 1,531,110,000,000
2005 1,678,100,000,000
2006 1,905,150,000,000
2007 2,409,280,000,000
2008 3,686,400,000,000
2009 3,851,270,000,000
2010 5,387,290,000,000
2011 6,782,660,000,000
2012 8,848,010,000,000
2013 10,699,000,000,000
2014 12,587,600,000,000
2015 14,171,900,000,000
2016 14,532,600,000,000
2017 15,760,100,000,000
2018 18,883,400,000,000
2019 21,667,600,000,000
2020 22,648,600,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Mongolia was 9,213,374,000 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 9,213,374,000 in 2020 and 4,141,444,000 in 2010.

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
2010 4,141,444,000
2011 4,796,919,000
2012 5,420,587,000
2013 6,257,206,000
2014 6,651,259,000
2015 7,192,707,000
2016 7,319,377,000
2017 7,633,959,000
2018 8,529,484,000
2019 9,027,570,000
2020 9,213,374,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Mongolia was 2.06 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 15.83 in 2011 and a minimum value of 1.76 in 2016.

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
2011 15.83
2012 13.00
2013 15.43
2014 6.30
2015 8.14
2016 1.76
2017 4.30
2018 11.73
2019 5.84
2020 2.06

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Mongolia was 18,153,200,000,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 18,153,200,000,000 in 2020 and a minimum value of 8,159,920,000,000 in 2010.

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
2010 8,159,920,000,000
2011 9,451,410,000,000
2012 10,680,200,000,000
2013 12,328,600,000,000
2014 13,105,000,000,000
2015 14,171,900,000,000
2016 14,421,400,000,000
2017 15,041,300,000,000
2018 16,805,700,000,000
2019 17,787,100,000,000
2020 18,153,200,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Mongolia was 23,034,100,000 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between 23,034,100,000 in 2020 and 1,206,957,000 in 1994.

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
1992 1,379,222,000
1993 1,442,750,000
1994 1,206,957,000
1995 2,791,514,000
1996 2,419,655,000
1997 2,116,315,000
1998 2,158,463,000
1999 2,341,905,000
2000 3,156,266,000
2001 3,494,161,000
2002 3,998,482,000
2003 4,171,991,000
2004 4,724,261,000
2005 4,749,499,000
2006 5,296,200,000
2007 6,283,551,000
2008 7,802,286,000
2009 7,547,180,000
2010 9,750,832,000
2011 11,681,410,000
2012 13,920,110,000
2013 14,820,790,000
2014 15,750,460,000
2015 17,551,670,000
2016 17,795,900,000
2017 18,041,570,000
2018 20,732,660,000
2019 22,571,800,000
2020 23,034,100,000

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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Mongolia was 21,774,250,000 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 21,774,250,000 in 2020 and 9,787,599,000 in 2010.

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
2010 9,787,599,000
2011 11,336,700,000
2012 12,810,640,000
2013 14,787,840,000
2014 15,719,120,000
2015 16,998,740,000
2016 17,298,100,000
2017 18,041,570,000
2018 20,157,990,000
2019 21,335,130,000
2020 21,774,250,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Mongolia was 60.47 as of 2020. Its highest value over the past 39 years was 77.12 in 2002, while its lowest value was 40.58 in 1994.

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
1981 52.33
1982 45.36
1983 56.40
1984 55.76
1985 55.47
1986 60.18
1987 64.82
1988 65.24
1989 53.94
1990 50.85
1991 55.03
1992 48.28
1993 44.53
1994 40.58
1995 53.57
1996 58.49
1997 54.00
1998 58.52
1999 58.48
2000 75.11
2001 75.58
2002 77.12
2003 70.12
2004 64.85
2005 55.18
2006 47.30
2007 48.61
2008 56.23
2009 58.44
2010 55.22
2011 51.49
2012 53.02
2013 55.80
2014 56.63
2015 61.90
2016 60.73
2017 56.26
2018 57.96
2019 57.26
2020 60.47

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts