Russia - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Russia was 52,914,200,000,000 as of 2020. As the graph below shows, over the past 32 years this indicator reached a maximum value of 55,895,000,000,000 in 2019 and a minimum value of 258,700,000 in 1989.

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
1988 291,300,000
1989 258,700,000
1990 314,813,000
1991 656,520,000
1992 7,121,400,000
1993 77,596,100,000
1994 310,261,000,000
1995 744,100,000,000
1996 1,044,500,000,000
1997 1,282,600,000,000
1998 1,511,200,000,000
1999 2,582,500,000,000
2000 3,374,300,000,000
2001 4,416,900,000,000
2002 5,541,700,000,000
2003 6,692,300,000,000
2004 8,588,100,000,000
2005 10,792,300,000,000
2006 13,129,300,000,000
2007 16,217,600,000,000
2008 20,183,600,000,000
2009 21,202,900,000,000
2010 23,843,300,000,000
2011 30,288,400,000,000
2012 35,037,100,000,000
2013 38,803,300,000,000
2014 42,488,900,000,000
2015 43,770,300,000,000
2016 45,588,700,000,000
2017 48,558,600,000,000
2018 52,310,900,000,000
2019 55,895,000,000,000
2020 52,914,200,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts