Norway - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Norway was $255,459,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $320,461,000,000 in 2013 and $8,677,288,000 in 1970.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

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

See also:

Year Value
1970 $8,677,288,000
1971 $9,974,348,000
1972 $11,819,770,000
1973 $15,139,270,000
1974 $17,965,960,000
1975 $22,467,620,000
1976 $24,969,120,000
1977 $29,468,400,000
1978 $32,426,610,000
1979 $36,697,740,000
1980 $42,328,510,000
1981 $41,355,520,000
1982 $41,460,800,000
1983 $40,572,610,000
1984 $39,549,230,000
1985 $42,704,370,000
1986 $55,473,250,000
1987 $66,638,520,000
1988 $71,537,060,000
1989 $70,951,120,000
1990 $82,854,450,000
1991 $85,429,520,000
1992 $94,050,850,000
1993 $86,464,670,000
1994 $90,425,500,000
1995 $106,202,000,000
1996 $111,906,000,000
1997 $107,920,000,000
1998 $107,748,000,000
1999 $110,672,000,000
2000 $105,056,000,000
2001 $109,146,000,000
2002 $129,799,000,000
2003 $154,955,000,000
2004 $172,281,000,000
2005 $189,602,000,000
2006 $203,496,000,000
2007 $237,379,000,000
2008 $262,997,000,000
2009 $246,564,000,000
2010 $271,362,000,000
2011 $304,995,000,000
2012 $307,935,000,000
2013 $320,461,000,000
2014 $313,445,000,000
2015 $257,593,000,000
2016 $257,867,000,000
2017 $273,554,000,000
2018 $289,331,000,000
2019 $278,044,000,000
2020 $255,459,000,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Norway was 2,405,360,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 2,446,790,000,000 in 2019 and a minimum value of 61,981,000,000 in 1970.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

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

Year Value
1970 61,981,000,000
1971 70,378,000,000
1972 77,871,000,000
1973 87,290,000,000
1974 99,526,000,000
1975 117,436,000,000
1976 136,244,000,000
1977 156,875,000,000
1978 169,990,000,000
1979 185,841,000,000
1980 209,069,000,000
1981 237,360,000,000
1982 267,588,000,000
1983 296,034,000,000
1984 322,781,000,000
1985 367,138,000,000
1986 410,208,000,000
1987 448,977,000,000
1988 466,207,000,000
1989 489,882,000,000
1990 518,644,000,000
1991 553,831,000,000
1992 584,479,000,000
1993 613,389,000,000
1994 638,187,000,000
1995 672,811,000,000
1996 721,774,000,000
1997 763,359,000,000
1998 812,966,000,000
1999 863,152,000,000
2000 924,686,000,000
2001 981,409,000,000
2002 1,036,290,000,000
2003 1,097,110,000,000
2004 1,161,310,000,000
2005 1,221,510,000,000
2006 1,305,080,000,000
2007 1,391,450,000,000
2008 1,483,300,000,000
2009 1,550,470,000,000
2010 1,640,160,000,000
2011 1,709,380,000,000
2012 1,791,410,000,000
2013 1,882,710,000,000
2014 1,975,230,000,000
2015 2,077,270,000,000
2016 2,166,090,000,000
2017 2,262,750,000,000
2018 2,352,990,000,000
2019 2,446,790,000,000
2020 2,405,360,000,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Norway was 263,608,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 273,429,000,000 in 2019 and 66,789,910,000 in 1970.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1970 66,789,910,000
1971 70,697,320,000
1972 72,937,360,000
1973 75,801,630,000
1974 78,175,840,000
1975 82,764,660,000
1976 87,732,440,000
1977 92,731,970,000
1978 92,883,370,000
1979 97,017,460,000
1980 99,649,110,000
1981 100,826,000,000
1982 102,344,000,000
1983 104,676,000,000
1984 107,512,000,000
1985 115,422,000,000
1986 120,352,000,000
1987 121,193,000,000
1988 119,020,000,000
1989 119,554,000,000
1990 121,695,000,000
1991 125,569,000,000
1992 129,929,000,000
1993 133,418,000,000
1994 137,148,000,000
1995 140,737,000,000
1996 148,157,000,000
1997 152,688,000,000
1998 157,334,000,000
1999 162,928,000,000
2000 168,697,000,000
2001 173,184,000,000
2002 178,881,000,000
2003 183,436,000,000
2004 190,908,000,000
2005 197,817,000,000
2006 205,904,000,000
2007 214,688,000,000
2008 218,888,000,000
2009 221,951,000,000
2010 229,194,000,000
2011 233,632,000,000
2012 240,222,000,000
2013 245,455,000,000
2014 251,062,000,000
2015 257,593,000,000
2016 261,569,000,000
2017 267,104,000,000
2018 270,306,000,000
2019 273,429,000,000
2020 263,608,000,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Norway was -3.59 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 7.36 in 1985 and a minimum value of -3.59 in 2020.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate 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
1971 5.85
1972 3.17
1973 3.93
1974 3.13
1975 5.87
1976 6.00
1977 5.70
1978 0.16
1979 4.45
1980 2.71
1981 1.18
1982 1.51
1983 2.28
1984 2.71
1985 7.36
1986 4.27
1987 0.70
1988 -1.79
1989 0.45
1990 1.79
1991 3.18
1992 3.47
1993 2.68
1994 2.80
1995 2.62
1996 5.27
1997 3.06
1998 3.04
1999 3.56
2000 3.54
2001 2.66
2002 3.29
2003 2.55
2004 4.07
2005 3.62
2006 4.09
2007 4.27
2008 1.96
2009 1.40
2010 3.26
2011 1.94
2012 2.82
2013 2.18
2014 2.28
2015 2.60
2016 1.54
2017 2.12
2018 1.20
2019 1.16
2020 -3.59

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Norway was 2,125,780,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 2,204,970,000,000 in 2019 and a minimum value of 538,605,000,000 in 1970.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

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

Year Value
1970 538,605,000,000
1971 570,115,000,000
1972 588,179,000,000
1973 611,277,000,000
1974 630,423,000,000
1975 667,428,000,000
1976 707,489,000,000
1977 747,806,000,000
1978 749,027,000,000
1979 782,365,000,000
1980 803,587,000,000
1981 813,077,000,000
1982 825,323,000,000
1983 844,122,000,000
1984 866,996,000,000
1985 930,781,000,000
1986 970,541,000,000
1987 977,322,000,000
1988 959,794,000,000
1989 964,105,000,000
1990 981,369,000,000
1991 1,012,610,000,000
1992 1,047,770,000,000
1993 1,075,900,000,000
1994 1,105,980,000,000
1995 1,134,930,000,000
1996 1,194,760,000,000
1997 1,231,300,000,000
1998 1,268,770,000,000
1999 1,313,880,000,000
2000 1,360,400,000,000
2001 1,396,580,000,000
2002 1,442,530,000,000
2003 1,479,260,000,000
2004 1,539,510,000,000
2005 1,595,230,000,000
2006 1,660,450,000,000
2007 1,731,280,000,000
2008 1,765,150,000,000
2009 1,789,850,000,000
2010 1,848,260,000,000
2011 1,884,050,000,000
2012 1,937,190,000,000
2013 1,979,390,000,000
2014 2,024,610,000,000
2015 2,077,270,000,000
2016 2,109,340,000,000
2017 2,153,970,000,000
2018 2,179,790,000,000
2019 2,204,970,000,000
2020 2,125,780,000,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Norway was 70.53 as of 2020. Its highest value over the past 50 years was 71.88 in 1992, while its lowest value was 56.89 in 2008.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate 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
1970 67.72
1971 68.40
1972 68.09
1973 67.18
1974 66.18
1975 68.34
1976 69.47
1977 70.99
1978 69.70
1979 69.07
1980 65.69
1981 65.03
1982 66.18
1983 65.84
1984 63.73
1985 65.28
1986 70.49
1987 70.72
1988 70.20
1989 69.13
1990 69.17
1991 70.10
1992 71.88
1993 71.71
1994 71.13
1995 69.86
1996 68.44
1997 66.88
1998 69.89
1999 68.20
2000 61.35
2001 62.74
2002 66.39
2003 67.71
2004 65.13
2005 61.38
2006 58.89
2007 59.21
2008 56.89
2009 63.85
2010 63.29
2011 61.21
2012 60.44
2013 61.30
2014 62.89
2015 66.77
2016 69.92
2017 68.66
2018 66.21
2019 68.66
2020 70.53

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts