Annual growth of households and NPISHs final consumption expenditure in Europe
Europe: Annual growth of households and NPISHs final consumption expenditure was 0.9% in 2023. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Europe, 2000–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of households and npishs final consumption expenditure in Europe is 0.9%, measured in 2023.
That represents a change of down 73.5% on the previous year and up 62.6% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Europe peaked at 5.4% in 2021 and was at its lowest, -7.9%, in 2020.
That places Europe 31st out of 34 groups with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Europe, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.4% | — |
| 2001 | 2.4% | -28.2% |
| 2002 | 1.7% | -30.7% |
| 2003 | 2.0% | +20.1% |
| 2004 | 2.7% | +34.7% |
| 2005 | 2.8% | +3.6% |
| 2006 | 2.6% | -7.4% |
| 2007 | 3.2% | +21.1% |
| 2008 | 1.1% | -64.0% |
| 2009 | -1.7% | -249.4% |
| 2010 | 1.6% | -192.5% |
| 2011 | 0.8% | -46.9% |
| 2012 | 0.4% | -49.2% |
| 2013 | 0.6% | +37.1% |
| 2014 | 1.3% | +131.0% |
| 2015 | 1.2% | -10.4% |
| 2016 | 2.1% | +73.3% |
| 2017 | 2.3% | +7.9% |
| 2018 | 2.1% | -8.3% |
| 2019 | 1.7% | -20.0% |
| 2020 | -7.9% | -574.9% |
| 2021 | 5.4% | -169.1% |
| 2022 | 3.6% | -34.3% |
| 2023 | 0.9% | -73.5% |
Biggest year-on-year movements
Years where Annual growth of households and NPISHs final consumption expenditure in Europe changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -574.9% | 1.7% | -7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.0% | -1.7% | 3.4% | 10 |
| 2010s | 1.4% | 0.4% | 2.3% | 10 |
| 2020s | 0.5% | -7.9% | 5.4% | 4 |
Countries ranked near Europe
More economy & growth data for Europe
- GDP Deflator — Value US$, 2015 prices, annual growth rate 3.47 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 2.28 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 4.85 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 1.33 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 1.68 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth -0.5895 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -0.5895 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 1.68 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.04 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 20.98 % (2024)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Europe?
- Annual growth of households and npishs final consumption expenditure in Europe was 0.9% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Europe?
- The highest recorded value was 5.4% in 2021.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Europe?
- The lowest recorded value was -7.9% in 2020.
- How does Europe rank for annual growth of households and npishs final consumption expenditure?
- Europe ranks 31st out of 34 groups with data for 2023.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Europe?
- Over the last ten years it is up 62.6%. The long-run trend across the full record is volatile.
- Where does this Europe data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
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