China (People’s Republic of) vs World: General government final consumption expenditure
General government final consumption expenditure over time
- China (People’s Republic of)
- World
How they compare
World currently reports 18.65 trillion current US$ against 3.13 trillion current US$ in China (People’s Republic of), a difference of 15.52 trillion current US$.
That makes World's figure about 6.0 times China (People’s Republic of)'s.
Across all 55 years both countries report, World has been ahead every year.
China (People’s Republic of) ranks 2nd and World ranks 1st of 186 countries.
World has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | China (People’s Republic of) | World | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 17.56 billion current US$ | 976.59 billion current US$ | 959.03 billion current US$ | World |
| 1980s | 36.17 billion current US$ | 2.44 trillion current US$ | 2.41 trillion current US$ | World |
| 1990s | 100.12 billion current US$ | 4.74 trillion current US$ | 4.64 trillion current US$ | World |
| 2000s | 399.49 billion current US$ | 7.93 trillion current US$ | 7.53 trillion current US$ | World |
| 2010s | 1.74 trillion current US$ | 13.30 trillion current US$ | 11.56 trillion current US$ | World |
| 2020s | 2.99 trillion current US$ | 17.15 trillion current US$ | 14.17 trillion current US$ | World |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, China (People’s Republic of) or World?
- World, at 18.65 trillion current US$ against 3.13 trillion current US$ in China (People’s Republic of) as of 2024.
- What is the difference in general government final consumption expenditure between China (People’s Republic of) and World?
- 15.52 trillion current US$, with World ahead.
- How many years of comparable data are there for China (People’s Republic of) and World?
- 55 years are reported by both, from 1970 to 2024.
- How do China (People’s Republic of) and World rank globally for general government final consumption expenditure?
- China (People’s Republic of) ranks 2nd and World ranks 1st of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current US$). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.