Switzerland - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Switzerland was 360,020,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 375,926,000,000 in 2019 and a minimum value of 59,431,070,000 in 1970.

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
1970 59,431,070,000
1971 66,585,470,000
1972 75,552,110,000
1973 84,652,160,000
1974 92,662,650,000
1975 95,914,660,000
1976 99,111,080,000
1977 103,286,000,000
1978 106,221,000,000
1979 112,291,000,000
1980 120,446,000,000
1981 128,854,000,000
1982 136,673,000,000
1983 142,894,000,000
1984 149,707,000,000
1985 156,979,000,000
1986 163,423,000,000
1987 169,591,000,000
1988 176,252,000,000
1989 186,385,000,000
1990 199,336,000,000
1991 213,671,000,000
1992 222,865,000,000
1993 227,736,000,000
1994 230,184,000,000
1995 235,043,000,000
1996 240,403,000,000
1997 247,109,000,000
1998 252,881,000,000
1999 258,739,000,000
2000 267,213,000,000
2001 274,583,000,000
2002 274,325,000,000
2003 278,794,000,000
2004 285,565,000,000
2005 292,280,000,000
2006 301,034,000,000
2007 312,296,000,000
2008 322,791,000,000
2009 325,832,000,000
2010 332,955,000,000
2011 336,172,000,000
2012 340,217,000,000
2013 346,804,000,000
2014 349,355,000,000
2015 353,061,000,000
2016 358,153,000,000
2017 365,272,000,000
2018 372,225,000,000
2019 375,926,000,000
2020 360,020,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts