China vs United States of America: Households and NPISHs Final consumption expenditure, PPP
Households and NPISHs Final consumption expenditure, PPP over time
- China
- United States of America
How they compare
United States of America currently reports 17.53 trillion constant 2021 international $ against 13.12 trillion constant 2021 international $ in China, a difference of 4.41 trillion constant 2021 international $.
That makes United States of America's figure about 1.3 times China's.
Across all 30 years both countries report, United States of America has been ahead every year.
China ranks 2nd and United States of America ranks 1st of 170 countries.
United States of America has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | China | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.39 trillion constant 2021 international $ | 8.67 trillion constant 2021 international $ | 7.28 trillion constant 2021 international $ | United States of America |
| 2000s | 2.75 trillion constant 2021 international $ | 11.31 trillion constant 2021 international $ | 8.55 trillion constant 2021 international $ | United States of America |
| 2010s | 7.31 trillion constant 2021 international $ | 13.64 trillion constant 2021 international $ | 6.33 trillion constant 2021 international $ | United States of America |
| 2020s | 11.63 trillion constant 2021 international $ | 16.42 trillion constant 2021 international $ | 4.79 trillion constant 2021 international $ | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure, ppp, China or United States of America?
- United States of America, at 17.53 trillion constant 2021 international $ against 13.12 trillion constant 2021 international $ in China as of 2024.
- What is the difference in households and npishs final consumption expenditure, ppp between China and United States of America?
- 4.41 trillion constant 2021 international $, with United States of America ahead.
- How many years of comparable data are there for China and United States of America?
- 30 years are reported by both, from 1995 to 2024.
- How do China and United States of America rank globally for households and npishs final consumption expenditure, ppp?
- China ranks 2nd and United States of America ranks 1st of 170 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for final consumption expenditure expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.