Annual growth of households and NPISHs final consumption expenditure in South America
South America: Annual growth of households and NPISHs final consumption expenditure was 2.7% in 2024. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in South America, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
South America recorded 2.7% for annual growth of households and npishs final consumption expenditure in 2024.
That represents a change of up 59.0% on the previous year and up 90.7% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in South America peaked at 7.5% in 2010 and was at its lowest, -6.7%, in 2020.
South America ranks 26th of 34 groups on this measure, 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 South America, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.7% | — |
| 2001 | -0.6% | -122.7% |
| 2002 | -1.1% | +84.4% |
| 2003 | 1.8% | -263.4% |
| 2004 | 5.0% | +175.0% |
| 2005 | 5.1% | +1.1% |
| 2006 | 6.5% | +28.9% |
| 2007 | 7.0% | +6.7% |
| 2008 | 6.3% | -10.0% |
| 2009 | 1.8% | -71.5% |
| 2010 | 7.5% | +320.2% |
| 2011 | 6.2% | -18.2% |
| 2012 | 3.6% | -41.1% |
| 2013 | 3.9% | +8.5% |
| 2014 | 1.4% | -64.2% |
| 2015 | -0.3% | -120.5% |
| 2016 | -1.7% | +495.8% |
| 2017 | 2.7% | -259.9% |
| 2018 | 1.8% | -34.5% |
| 2019 | 1.0% | -42.8% |
| 2020 | -6.7% | -750.0% |
| 2021 | 7.5% | -211.6% |
| 2022 | 5.5% | -25.9% |
| 2023 | 1.7% | -69.5% |
| 2024 | 2.7% | +59.0% |
Biggest year-on-year movements
Years where Annual growth of households and NPISHs final consumption expenditure in South America 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 | -750.0% | 1.0% | -6.7% |
| 2016 | -495.8% | -0.3% | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.4% | -1.1% | 7.0% | 10 |
| 2010s | 2.6% | -1.7% | 7.5% | 10 |
| 2020s | 2.1% | -6.7% | 7.5% | 5 |
Countries ranked near South America
More economy & growth data for South America
- Gross Domestic Product, GDP in millions constant 2021 international $ 9.17 million (2027)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 0.3155 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -1.17 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 2.44 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 2.12 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -0.3026 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 0.8744 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 0.8745 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -0.3025 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 17.35 % (2024)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in South America?
- Annual growth of households and npishs final consumption expenditure in South America was 2.7% 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 South America?
- The highest recorded value was 7.5% in 2010.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in South America?
- The lowest recorded value was -6.7% in 2020.
- How does South America rank for annual growth of households and npishs final consumption expenditure?
- South America ranks 26th out of 34 groups with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in South America?
- Over the last ten years it is up 90.7%. The long-run trend across the full record is volatile.
- Where does this South America 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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