North Macedonia - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in North Macedonia was 324,718,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 344,834,000,000 in 2019 and a minimum value of 143,206,000,000 in 1992.

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
1990 173,108,000,000
1991 159,605,000,000
1992 143,206,000,000
1993 156,307,000,000
1994 170,391,000,000
1995 179,620,000,000
1996 181,749,000,000
1997 184,366,000,000
1998 191,001,000,000
1999 199,287,000,000
2000 207,913,000,000
2001 186,910,000,000
2002 205,487,000,000
2003 214,717,000,000
2004 230,803,000,000
2005 247,361,000,000
2006 256,566,000,000
2007 276,096,000,000
2008 289,315,000,000
2009 279,753,000,000
2010 290,316,000,000
2011 274,757,000,000
2012 278,051,000,000
2013 283,226,000,000
2014 289,420,000,000
2015 302,243,000,000
2016 313,966,000,000
2017 320,519,000,000
2018 332,383,000,000
2019 344,834,000,000
2020 324,718,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts