China vs World: Final consumption expenditure
Final consumption expenditure over time
- China
- World
How they compare
World currently reports 81.66 trillion current US$ against 10.62 trillion current US$ in China, a difference of 71.05 trillion current US$.
That makes World's figure about 7.7 times China's.
Across all 55 years both countries report, World has been ahead every year.
China ranks 2nd and World ranks 1st of 188 countries.
World has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | China | World | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 89.39 billion current US$ | 4.41 trillion current US$ | 4.32 trillion current US$ | World |
| 1980s | 170.70 billion current US$ | 11.00 trillion current US$ | 10.83 trillion current US$ | World |
| 1990s | 417.75 billion current US$ | 21.71 trillion current US$ | 21.29 trillion current US$ | World |
| 2000s | 1.42 trillion current US$ | 35.60 trillion current US$ | 34.18 trillion current US$ | World |
| 2010s | 5.77 trillion current US$ | 57.73 trillion current US$ | 51.95 trillion current US$ | World |
| 2020s | 9.86 trillion current US$ | 73.44 trillion current US$ | 63.59 trillion current US$ | World |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, China or World?
- World, at 81.66 trillion current US$ against 10.62 trillion current US$ in China as of 2024.
- What is the difference in final consumption expenditure between China and World?
- 71.05 trillion current US$, with World ahead.
- How many years of comparable data are there for China and World?
- 55 years are reported by both, from 1970 to 2024.
- How do China and World rank globally for final consumption expenditure?
- China ranks 2nd and World ranks 1st of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Final consumption expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.