Final Consumption Expenditure (USD) rose 16.3% to USD 10,177 bil in Madagascar in 2017

Final Consumption Expenditure (USD) (USD bil)
Economy | Madagascar | May 17, 2019
$2.99
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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
Botswana USD bil 9,949 10,276 10,516 10,868 10,472
Kenya USD bil 38,941 46,678 52,279 57,630 59,487
Lesotho USD bil 3,457 3,403 3,156 3,070 2,771 ...
Madagascar USD bil 9,693 9,220 9,841 9,478 8,810
Malawi USD bil 7,588 6,232 5,184 5,659 6,079
Mozambique USD bil 12,581 14,345 15,886 16,290 13,977
Namibia USD bil 11,116 11,717 11,675 11,650 11,239
South Africa USD bil 330,757 321,904 297,515 283,191 254,427
Swaziland USD bil 4,777 4,691 4,320 4,116 3,751
Tanzania USD bil 27,089 29,651 33,409 35,757 34,960
Uganda USD bil 17,639 19,784 20,157 22,568 23,350
Zambia USD bil ... 15,485 16,478 18,057 18,107 13,841 ...