Low & middle income vs United Kingdom: Final consumption expenditure (current US$)
Final consumption expenditure (current US$) over time
- Low & middle income
- United Kingdom
How they compare
Low & middle income currently reports 26.76 trillion current US$ against 3.27 trillion current US$ in United Kingdom, a difference of 23.49 trillion current US$.
That makes Low & middle income's figure about 8.2 times United Kingdom's.
Across all 55 years both countries report, Low & middle income has been ahead every year.
Low & middle income ranks 7th and United Kingdom ranks 4th of 43 groups.
Low & middle income has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Low & middle income | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 787.20 billion current US$ | 204.11 billion current US$ | 583.08 billion current US$ | Low & middle income |
| 1980s | 1.83 trillion current US$ | 536.96 billion current US$ | 1.30 trillion current US$ | Low & middle income |
| 1990s | 3.33 trillion current US$ | 1.12 trillion current US$ | 2.21 trillion current US$ | Low & middle income |
| 2000s | 6.69 trillion current US$ | 1.95 trillion current US$ | 4.73 trillion current US$ | Low & middle income |
| 2010s | 17.23 trillion current US$ | 2.33 trillion current US$ | 14.90 trillion current US$ | Low & middle income |
| 2020s | 23.84 trillion current US$ | 2.65 trillion current US$ | 21.18 trillion current US$ | Low & middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Low & middle income or United Kingdom?
- Low & middle income, at 26.76 trillion current US$ against 3.27 trillion current US$ in United Kingdom as of 2024.
- What is the difference in final consumption expenditure between Low & middle income and United Kingdom?
- 23.49 trillion current US$, with Low & middle income ahead.
- How many years of comparable data are there for Low & middle income and United Kingdom?
- 55 years are reported by both, from 1970 to 2024.
- How do Low & middle income and United Kingdom rank globally for final consumption expenditure?
- Low & middle income ranks 7th and United Kingdom ranks 4th of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Final consumption expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.