Annual growth of the general government final consumption expenditure in Europe
Europe: Annual growth of the general government final consumption expenditure was 1.2% in 2023. ◆ Volatile
Annual growth of the general government final consumption expenditure in Europe, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Europe recorded 1.2% for annual growth of the general government final consumption expenditure in 2023.
That represents a change of down 27.6% on the previous year and up 209.7% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Europe peaked at 5.4% in 2021 and was at its lowest, -0.2%, in 2020.
That places Europe 19th out of 32 groups with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Europe, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.5% | — |
| 2001 | 2.5% | +0.6% |
| 2002 | 2.4% | -2.1% |
| 2003 | 2.2% | -10.4% |
| 2004 | 1.7% | -19.9% |
| 2005 | 1.7% | -3.9% |
| 2006 | 2.1% | +24.9% |
| 2007 | 2.0% | -4.2% |
| 2008 | 2.6% | +29.3% |
| 2009 | 2.0% | -23.1% |
| 2010 | 0.6% | -68.2% |
| 2011 | 0.1% | -90.6% |
| 2012 | 0.3% | +466.0% |
| 2013 | 0.4% | +12.3% |
| 2014 | 1.0% | +171.1% |
| 2015 | 1.0% | +1.9% |
| 2016 | 1.7% | +61.3% |
| 2017 | 1.2% | -29.9% |
| 2018 | 1.1% | -10.6% |
| 2019 | 2.1% | +100.3% |
| 2020 | -0.2% | -111.5% |
| 2021 | 5.4% | -2306.5% |
| 2022 | 1.6% | -69.9% |
| 2023 | 1.2% | -27.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2% | 1.7% | 2.6% | 10 |
| 2010s | 1.0% | 0.1% | 2.1% | 10 |
| 2020s | 2.0% | -0.2% | 5.4% | 4 |
Countries ranked near Europe
More economy & growth data for Europe
- Gross Domestic Product — Value US$ 27.06 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 4.85 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 22.10 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 29,680 USD (2024)
- Gross Domestic Product — Value US$ per capita 36,332 USD (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)
- Gross Domestic Product — Annual growth US$ per capita 4.92 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -0.5895 % (2024)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Europe?
- Annual growth of the general government final consumption expenditure in Europe was 1.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Europe?
- The highest recorded value was 5.4% in 2021.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Europe?
- The lowest recorded value was -0.2% in 2020.
- How does Europe rank for annual growth of the general government final consumption expenditure?
- Europe ranks 19th out of 32 groups with data for 2023.
- Is annual growth of the general government final consumption expenditure rising or falling in Europe?
- Over the last ten years it is up 209.7%. 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 the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).