Annual growth of households and NPISHs final consumption expenditure in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Annual growth of households and NPISHs final consumption expenditure was 3.5% in 2024. ▼ Falling
Annual growth of households and NPISHs final consumption expenditure in Least Developed Countries (LDCs), 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of households and npishs final consumption expenditure in Least Developed Countries (LDCs) stood at 3.5%.
Compared with earlier readings it is up 38.8% on the previous year and down 27.0% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Least Developed Countries (LDCs) peaked at 6.4% in 2006 and was at its lowest, 1.6%, in 2000.
Least Developed Countries (LDCs) ranks 18th of 35 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Annual growth of households and NPISHs final consumption expenditure in Least Developed Countries (LDCs), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.6% | — |
| 2001 | 5.5% | +242.8% |
| 2002 | 3.2% | -42.2% |
| 2003 | 5.0% | +58.5% |
| 2004 | 4.9% | -1.8% |
| 2005 | 6.2% | +24.4% |
| 2006 | 6.4% | +4.2% |
| 2007 | 6.0% | -6.3% |
| 2008 | 4.3% | -29.0% |
| 2009 | 5.6% | +30.4% |
| 2010 | 5.0% | -9.6% |
| 2011 | 1.9% | -62.3% |
| 2012 | 4.4% | +131.1% |
| 2013 | 5.2% | +17.8% |
| 2014 | 4.7% | -8.1% |
| 2015 | 1.6% | -65.7% |
| 2016 | 3.2% | +97.4% |
| 2017 | 5.7% | +76.8% |
| 2018 | 5.3% | -7.0% |
| 2019 | 3.5% | -32.9% |
| 2020 | 2.1% | -39.7% |
| 2021 | 5.6% | +163.7% |
| 2022 | 5.7% | +1.9% |
| 2023 | 2.5% | -56.6% |
| 2024 | 3.5% | +38.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.9% | 1.6% | 6.4% | 10 |
| 2010s | 4.1% | 1.6% | 5.7% | 10 |
| 2020s | 3.9% | 2.1% | 5.7% | 5 |
Countries ranked near Least Developed Countries (LDCs)
- 15 Tajikistan 9.0% compare
- 16 Lesotho 9.0% compare
- 17 Somalia 8.8% compare
- 18 Nicaragua 8.6% compare
- 19 Tonga 8.4% compare
- 20 San Marino 8.3% compare
- 21 Solomon Islands 8.2% compare
More economy & growth data for Least Developed Countries (LDCs)
- Gross Fixed Capital Formation — Value US$, 2015 prices 437,904 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 6.33 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.46 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 31.16 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.21 % (2024)
- Gross Domestic Product — Value US$ 1.51 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,271 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,183 USD (2024)
- Gross Domestic Product — Annual growth US$ 5.94 % (2024)
- Gross Fixed Capital Formation — Value US$ 380,646 million USD (2024)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Least Developed Countries (LDCs)?
- Annual growth of households and npishs final consumption expenditure in Least Developed Countries (LDCs) was 3.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Least Developed Countries (LDCs)?
- The highest recorded value was 6.4% in 2006.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was 1.6% in 2000.
- How does Least Developed Countries (LDCs) rank for annual growth of households and npishs final consumption expenditure?
- Least Developed Countries (LDCs) ranks 18th out of 35 groups with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is down 27.0%. The long-run trend across the full record is falling.
- Where does this Least Developed Countries (LDCs) 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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