As of 2021, the final household consumption expenditure in Africa amounted to 1.93 trillion U.S dollars. This represents a slight rise in the spending, as the previous year registered 1.81 trillion U.S dollars.
Final household consumption expenditure in Africa in 2020 and 2021
(in trillion U.S. dollars)
Figures have been rounded to provide a better understanding of the data.
br> The source explains that: "Household final consumption expenditure represents the final consumption of households and non-profit institutions. It adds that: "It includes imputed rent for owner-occupied dwellings but excludes purchases of dwellings and it also includes any statistical discrepancy."
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AfDB. (November 26, 2020). Final household consumption expenditure in Africa in 2020 and 2021 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1242816/final-household-consumer-spending-in-africa/
AfDB. "Final household consumption expenditure in Africa in 2020 and 2021 (in trillion U.S. dollars)." Chart. November 26, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1242816/final-household-consumer-spending-in-africa/
AfDB. (2020). Final household consumption expenditure in Africa in 2020 and 2021 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1242816/final-household-consumer-spending-in-africa/
AfDB. "Final Household Consumption Expenditure in Africa in 2020 and 2021 (in Trillion U.S. Dollars)." Statista, Statista Inc., 26 Nov 2020, https://www.statista.com/statistics/1242816/final-household-consumer-spending-in-africa/
AfDB, Final household consumption expenditure in Africa in 2020 and 2021 (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/1242816/final-household-consumer-spending-in-africa/ (last visited November 21, 2024)
Final household consumption expenditure in Africa in 2020 and 2021 (in trillion U.S. dollars) [Graph], AfDB, November 26, 2020. [Online]. Available: https://www.statista.com/statistics/1242816/final-household-consumer-spending-in-africa/
