For that indicator, we provide data for Russia from 1988 to 2020. The average value for Russia during that period was 496.13 billion U.S. dollars with a minimum of 104.89 billion U.S. dollars in 1999 and a maximum of 1218.81 billion U.S. dollars in 2013.
The latest value from 2020 is 733.85 billion U.S. dollars. For comparison, the world average in 2020 based on 149
countries is 306.32 billion U.S. dollars.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
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.