China (People’s Republic of) vs IDA & IBRD total: Final consumption expenditure

China (People’s Republic of)
10.62 trillion current US$
in 2024
IDA & IBRD total
29.74 trillion current US$
in 2024
China (People’s Republic of) rank
2nd
IDA & IBRD total rank
5th

Final consumption expenditure over time

  • China (People’s Republic of)
  • IDA & IBRD total
010.0T20.0T30.0T196019922024

How they compare

IDA & IBRD total currently reports 29.74 trillion current US$ against 10.62 trillion current US$ in China (People’s Republic of), a difference of 19.13 trillion current US$.

That makes IDA & IBRD total's figure about 2.8 times China (People’s Republic of)'s.

Across all 65 years both countries report, IDA & IBRD total has been ahead every year.

China (People’s Republic of) ranks 2nd and IDA & IBRD total ranks 5th of 187 countries.

IDA & IBRD total has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade China (People’s Republic of) IDA & IBRD total Difference Ahead
1960s 46.04 billion current US$ 362.21 billion current US$ 316.17 billion current US$ IDA & IBRD total
1970s 89.39 billion current US$ 1.01 trillion current US$ 916.68 billion current US$ IDA & IBRD total
1980s 170.70 billion current US$ 2.32 trillion current US$ 2.15 trillion current US$ IDA & IBRD total
1990s 417.75 billion current US$ 3.82 trillion current US$ 3.40 trillion current US$ IDA & IBRD total
2000s 1.42 trillion current US$ 7.72 trillion current US$ 6.30 trillion current US$ IDA & IBRD total
2010s 5.77 trillion current US$ 19.38 trillion current US$ 13.61 trillion current US$ IDA & IBRD total
2020s 9.86 trillion current US$ 26.39 trillion current US$ 16.54 trillion current US$ IDA & IBRD total

Averages of every year both report within each decade.

Frequently asked questions

Which has higher final consumption expenditure, China (People’s Republic of) or IDA & IBRD total?
IDA & IBRD total, at 29.74 trillion current US$ against 10.62 trillion current US$ in China (People’s Republic of) as of 2024.
What is the difference in final consumption expenditure between China (People’s Republic of) and IDA & IBRD total?
19.13 trillion current US$, with IDA & IBRD total ahead.
How many years of comparable data are there for China (People’s Republic of) and IDA & IBRD total?
65 years are reported by both, from 1960 to 2024.
How do China (People’s Republic of) and IDA & IBRD total rank globally for final consumption expenditure?
China (People’s Republic of) ranks 2nd and IDA & IBRD total ranks 5th of 187 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Final consumption expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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China (People’s Republic of) vs IDA & IBRD total: Final consumption expenditure. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 20 August 2026, from https://economy.statizoid.com/compare/final-consumption-expenditure-current-us/china/ida-and-ibrd-total/

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About this data

Indicator
Final consumption expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
230 places, 11,127 data points, 1960–2025
Last refreshed

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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.