Final consumption expenditure reached 10,177 USD bil in 2017 in Madagascar, according to the National Statistical Office. This is 16.3 % more than in the previous year.
Historically, final consumption expenditure in Madagascar reached an all time high of 10,177 USD bil in 2017 and an all time low of 671 USD bil in 1960. When compared to Madagascar's main peers, final consumption expenditure in Mozambique amounted to 11,942 USD bil, 280,356 USD bil in South Africa, 4,532 USD bil in Swaziland and 36,227 USD bil in Tanzania in 2017.
Madagascar has been ranked 124th within the group of 161 countries we follow in terms of final consumption expenditure, 1 places behind the position seen 10 years ago.
Final consumption expenditure consists of expenditure incurred by resident institutional units on goods or services that are used for the direct satisfaction of the individual needs or wants or the collective needs of members of the community.
|Final Consumption Expenditure (USD)||Unit||2009||2010||2011||2012||2013||2014||2015||2016||2017|
|South Africa||USD bil||330,757||321,904||297,515||283,191||254,427|