Venezuela - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Venezuela was $363,166,000,000 as of 2014. Over the past 54 years, the value for this indicator has fluctuated between $363,166,000,000 in 2014 and $4,880,818,000 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 U.S. dollars.

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

See also:

Year Value
1960 $4,880,818,000
1961 $5,028,242,000
1962 $5,515,454,000
1963 $5,896,970,000
1964 $4,934,204,000
1965 $5,333,044,000
1966 $5,612,600,000
1967 $5,849,134,000
1968 $6,279,222,000
1969 $6,515,756,000
1970 $6,687,800,000
1971 $7,389,614,000
1972 $8,313,318,000
1973 $9,654,372,000
1974 $12,152,370,000
1975 $15,302,980,000
1976 $18,386,070,000
1977 $21,761,720,000
1978 $25,790,020,000
1979 $30,200,860,000
1980 $36,772,140,000
1981 $43,658,490,000
1982 $47,776,790,000
1983 $53,132,840,000
1984 $35,434,940,000
1985 $37,071,610,000
1986 $40,273,270,000
1987 $30,054,850,000
1988 $39,891,240,000
1989 $27,253,670,000
1990 $29,203,650,000
1991 $34,435,080,000
1992 $40,710,890,000
1993 $42,388,310,000
1994 $39,601,170,000
1995 $52,039,080,000
1996 $43,173,860,000
1997 $44,228,560,000
1998 $52,634,450,000
1999 $56,251,530,000
2000 $60,618,690,000
2001 $67,484,840,000
2002 $49,737,390,000
2003 $45,809,060,000
2004 $55,345,470,000
2005 $68,026,050,000
2006 $86,226,650,000
2007 $117,778,000,000
2008 $162,721,000,000
2009 $207,373,000,000
2010 $219,774,000,000
2011 $174,578,000,000
2012 $225,999,000,000
2013 $241,488,000,000
2014 $363,166,000,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Venezuela was 2,282,210,000,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 2,282,210,000,000 in 2014 and a minimum value of 16,106,700 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 16,106,700
1961 16,593,200
1962 18,201,000
1963 19,460,000
1964 21,710,500
1965 23,998,700
1966 25,256,700
1967 26,321,100
1968 28,256,500
1969 29,320,900
1970 30,095,100
1971 32,514,300
1972 36,578,600
1973 41,513,800
1974 52,255,200
1975 65,802,800
1976 79,060,100
1977 93,575,400
1978 110,897,100
1979 129,863,700
1980 158,120,200
1981 187,731,500
1982 205,440,200
1983 228,471,200
1984 248,044,600
1985 278,037,100
1986 326,213,500
1987 435,795,400
1988 578,423,000
1989 945,702,200
1990 1,369,651,000
1991 1,955,912,000
1992 2,784,625,000
1993 3,848,858,000
1994 5,880,774,000
1995 9,200,509,000
1996 18,016,450,000
1997 21,610,070,000
1998 28,822,620,000
1999 34,071,550,000
2000 41,220,710,000
2001 48,838,780,000
2002 57,740,130,000
2003 73,532,700,000
2004 104,675,000,000
2005 142,161,000,000
2006 185,129,000,000
2007 252,869,000,000
2008 348,971,000,000
2009 444,731,000,000
2010 568,359,000,000
2011 748,816,000,000
2012 969,378,000,000
2013 1,461,820,000,000
2014 2,282,210,000,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Venezuela was -3.36 as of 2014. As the graph below shows, over the past 53 years this indicator reached a maximum value of 34.71 in 1975 and a minimum value of -12.62 in 1974.

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
1961 0.95
1962 3.12
1963 3.02
1964 9.87
1965 7.50
1966 3.53
1967 3.29
1968 6.36
1969 5.20
1970 7.96
1971 1.54
1972 6.42
1973 6.62
1974 -12.62
1975 34.71
1976 15.70
1977 12.11
1978 8.34
1979 0.62
1980 9.20
1981 4.66
1982 3.25
1983 -2.17
1984 -1.79
1985 0.25
1986 2.96
1987 3.99
1988 5.05
1989 -5.96
1990 2.87
1991 7.98
1992 8.32
1993 0.10
1994 -4.45
1995 0.94
1996 -4.41
1997 2.69
1998 1.84
1999 -1.71
2000 4.68
2001 5.99
2002 -7.11
2003 -4.26
2004 15.45
2005 15.71
2006 15.46
2007 16.89
2008 6.32
2009 -2.92
2010 -1.87
2011 4.02
2012 7.02
2013 4.72
2014 -3.36

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Venezuela was 43,911,360,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 45,439,150,000 in 2013 and a minimum value of 5,024,621,000 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 constant local currency.

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

Year Value
1960 5,024,621,000
1961 5,072,367,000
1962 5,230,438,000
1963 5,388,509,000
1964 5,920,595,000
1965 6,364,423,000
1966 6,589,050,000
1967 6,805,719,000
1968 7,238,333,000
1969 7,614,905,000
1970 8,221,024,000
1971 8,347,812,000
1972 8,884,055,000
1973 9,471,836,000
1974 8,276,592,000
1975 11,149,340,000
1976 12,899,490,000
1977 14,461,380,000
1978 15,667,650,000
1979 15,765,270,000
1980 17,215,590,000
1981 18,017,450,000
1982 18,603,160,000
1983 18,198,740,000
1984 17,872,910,000
1985 17,916,910,000
1986 18,447,670,000
1987 19,183,980,000
1988 20,152,000,000
1989 18,951,310,000
1990 19,494,970,000
1991 21,049,950,000
1992 22,801,210,000
1993 22,824,780,000
1994 21,808,650,000
1995 22,014,200,000
1996 21,044,440,000
1997 21,610,070,000
1998 22,007,110,000
1999 21,631,820,000
2000 22,645,190,000
2001 24,001,530,000
2002 22,295,560,000
2003 21,345,150,000
2004 24,642,480,000
2005 28,514,460,000
2006 32,922,030,000
2007 38,481,270,000
2008 40,912,040,000
2009 39,715,960,000
2010 38,974,040,000
2011 40,542,300,000
2012 43,389,920,000
2013 45,439,150,000
2014 43,911,360,000

Household final consumption expenditure, PPP (current international $)

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
2008 233,076,000,000
2009 232,905,000,000
2010 236,006,000,000
2011 254,385,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Venezuela was 75.29 as of 2014. Its highest value over the past 54 years was 78.65 in 1983, while its lowest value was 46.56 in 1974.

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
1960 62.74
1961 61.40
1962 61.65
1963 60.46
1964 60.92
1965 63.28
1966 63.92
1967 63.23
1968 62.58
1969 63.35
1970 57.85
1971 56.90
1972 59.48
1973 56.67
1974 46.56
1975 55.72
1976 58.52
1977 60.10
1978 65.60
1979 62.51
1980 62.20
1981 65.82
1982 70.53
1983 78.65
1984 59.05
1985 59.83
1986 66.69
1987 62.58
1988 66.24
1989 62.61
1990 60.09
1991 64.39
1992 67.40
1993 70.57
1994 67.79
1995 67.23
1996 61.20
1997 51.52
1998 57.63
1999 57.41
2000 51.75
2001 54.91
2002 53.54
2003 54.78
2004 49.22
2005 46.75
2006 47.00
2007 51.13
2008 51.50
2009 62.88
2010 55.89
2011 55.16
2012 59.27
2013 65.09
2014 75.29

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts