China vs OECD members: Final consumption expenditure
Final consumption expenditure over time
- China
- OECD members
How they compare
OECD members currently reports 44.42 trillion constant 2015 US$ against 10.72 trillion constant 2015 US$ in China, a difference of 33.70 trillion constant 2015 US$.
That makes OECD members's figure about 4.1 times China's.
Across all 30 years both countries report, OECD members has been ahead every year.
China ranks 2nd and OECD members ranks 3rd of 172 countries.
OECD members has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | China | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.29 trillion constant 2015 US$ | 25.69 trillion constant 2015 US$ | 24.40 trillion constant 2015 US$ | OECD members |
| 2000s | 2.54 trillion constant 2015 US$ | 31.62 trillion constant 2015 US$ | 29.07 trillion constant 2015 US$ | OECD members |
| 2010s | 5.99 trillion constant 2015 US$ | 37.01 trillion constant 2015 US$ | 31.01 trillion constant 2015 US$ | OECD members |
| 2020s | 9.23 trillion constant 2015 US$ | 42.14 trillion constant 2015 US$ | 32.90 trillion constant 2015 US$ | OECD members |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, China or OECD members?
- OECD members, at 44.42 trillion constant 2015 US$ against 10.72 trillion constant 2015 US$ in China as of 2024.
- What is the difference in final consumption expenditure between China and OECD members?
- 33.70 trillion constant 2015 US$, with OECD members ahead.
- How many years of comparable data are there for China and OECD members?
- 30 years are reported by both, from 1995 to 2024.
- How do China and OECD members rank globally for final consumption expenditure?
- China ranks 2nd and OECD members ranks 3rd of 172 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.