Guinea-Bissau: Household consumption, in dollars

* indicates monthly or quarterly data series

Household consumption, billion USD

 Latest value 1.17
 Year 2020
 Measure billion U.S. dollars
 Data availability 1970 - 2020
 Average 0.41
 Min - Max 0.06 - 1.17
 Source The World Bank
For that indicator, we provide data for Guinea-Bissau from 1970 to 2020. The average value for Guinea-Bissau during that period was 0.41 billion U.S. dollars with a minimum of 0.06 billion U.S. dollars in 1970 and a maximum of 1.17 billion U.S. dollars in 2017. The latest value from 2020 is 1.17 billion U.S. dollars. For comparison, the world average in 2020 based on 159 countries is 289.35 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Guinea-Bissau - Household consumption, in dollars - recent values

Historical chart
Guinea-Bissau - Household consumption, in dollars - historical chart - 1970-2020

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.

 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 16.75 2020 percent
 Capital investment, in dollars 0.24 2020 billion U.S. dollars
 Household consumption, percent of GDP 81.60 2020 percent
 Household consumption, in dollars 1.17 2020 billion U.S. dollars
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