Annual growth of households and NPISHs final consumption expenditure in Western Europe
Western Europe: Annual growth of households and NPISHs final consumption expenditure was 0.2% in 2023. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Western Europe, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, annual growth of households and npishs final consumption expenditure in Western Europe stood at 0.2%.
Compared with earlier readings it is down 95.3% on the previous year and down 66.1% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Western Europe peaked at 3.7% in 2022 and was at its lowest, -6.2%, in 2020.
That places Western Europe 33rd out of 35 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 Western Europe, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.6% | — |
| 2001 | 1.7% | -32.6% |
| 2002 | 0.2% | -86.9% |
| 2003 | 0.8% | +239.6% |
| 2004 | 1.2% | +59.9% |
| 2005 | 1.4% | +14.1% |
| 2006 | 1.5% | +8.2% |
| 2007 | 1.2% | -20.8% |
| 2008 | 0.6% | -48.4% |
| 2009 | 0.1% | -83.7% |
| 2010 | 1.3% | +1141.8% |
| 2011 | 1.2% | -6.0% |
| 2012 | 0.7% | -42.3% |
| 2013 | 0.5% | -25.9% |
| 2014 | 0.9% | +69.3% |
| 2015 | 1.8% | +103.6% |
| 2016 | 2.0% | +12.2% |
| 2017 | 1.5% | -22.5% |
| 2018 | 1.3% | -12.7% |
| 2019 | 1.5% | +13.5% |
| 2020 | -6.2% | -508.6% |
| 2021 | 3.3% | -153.4% |
| 2022 | 3.7% | +11.4% |
| 2023 | 0.2% | -95.3% |
Biggest year-on-year movements
Years where Annual growth of households and NPISHs final consumption expenditure in Western 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 |
|---|---|---|---|
| 2010 | +1141.8% | 0.1% | 1.3% |
| 2020 | -508.6% | 1.5% | -6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.2% | 0.1% | 2.6% | 10 |
| 2010s | 1.3% | 0.5% | 2.0% | 10 |
| 2020s | 0.2% | -6.2% | 3.7% | 4 |
Countries ranked near Western Europe
More economy & growth data for Western Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 12.78 million (2027)
- Gross Domestic Product — Value US$ 11.28 million million USD (2024)
- Gross Fixed Capital Formation — Value US$ 2.48 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 56,453 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 45,841 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 9.16 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 3.64 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.47 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 0.7042 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.22 % (2024)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Western Europe?
- Annual growth of households and npishs final consumption expenditure in Western Europe was 0.2% 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 Western Europe?
- The highest recorded value was 3.7% in 2022.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Western Europe?
- The lowest recorded value was -6.2% in 2020.
- How does Western Europe rank for annual growth of households and npishs final consumption expenditure?
- Western Europe ranks 33rd out of 35 groups with data for 2023.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Western Europe?
- Over the last ten years it is down 66.1%. The long-run trend across the full record is volatile.
- Where does this Western 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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