Somalia - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Somalia was 86,285,680,000 as of 1989. As the graph below shows, over the past 29 years this indicator reached a maximum value of 86,937,310,000 in 1982 and a minimum value of 35,799,800,000 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. Data are in constant local currency.

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

Year Value
1960 45,798,800,000
1961 45,063,600,000
1962 53,141,700,000
1963 51,436,300,000
1964 49,974,100,000
1965 40,792,400,000
1966 46,193,600,000
1967 49,120,700,000
1968 48,361,800,000
1969 47,618,200,000
1970 49,626,600,000
1971 54,114,700,000
1972 42,475,600,000
1973 45,969,800,000
1974 35,799,800,000
1975 52,305,000,000
1976 51,361,300,000
1977 81,942,020,000
1978 71,263,850,000
1979 66,844,880,000
1980 69,244,090,000
1981 74,594,390,000
1982 86,937,310,000
1983 81,220,140,000
1984 83,090,210,000
1985 81,238,820,000
1986 82,747,390,000
1987 80,688,840,000
1988 79,444,380,000
1989 86,285,680,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts