Annual growth of the general government final consumption expenditure in South America
South America: Annual growth of the general government final consumption expenditure was 1.0% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in South America, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
South America recorded 1.0% for annual growth of the general government final consumption expenditure in 2024.
The figure is down 68.6% on the previous year and down 53.7% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in South America peaked at 5.7% in 2021 and was at its lowest, -2.5%, in 2020.
That places South America 21st out of 32 groups with data for 2024, 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 South America, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.2% | — |
| 2001 | 1.2% | +422.1% |
| 2002 | 1.9% | +59.5% |
| 2003 | 1.6% | -16.1% |
| 2004 | 3.8% | +138.5% |
| 2005 | 3.8% | -1.5% |
| 2006 | 3.9% | +4.8% |
| 2007 | 4.8% | +22.9% |
| 2008 | 2.8% | -41.7% |
| 2009 | 4.4% | +54.5% |
| 2010 | 4.2% | -2.5% |
| 2011 | 3.3% | -23.3% |
| 2012 | 3.0% | -6.7% |
| 2013 | 3.2% | +5.0% |
| 2014 | 2.1% | -33.9% |
| 2015 | 1.5% | -29.3% |
| 2016 | 0.7% | -51.4% |
| 2017 | 1.0% | +31.0% |
| 2018 | 1.1% | +20.6% |
| 2019 | -0.8% | -171.1% |
| 2020 | -2.5% | +205.6% |
| 2021 | 5.7% | -330.4% |
| 2022 | 2.2% | -60.9% |
| 2023 | 3.1% | +39.0% |
| 2024 | 1.0% | -68.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.8% | 0.2% | 4.8% | 10 |
| 2010s | 1.9% | -0.8% | 4.2% | 10 |
| 2020s | 1.9% | -2.5% | 5.7% | 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)
- Gross Domestic Product — Value US$ 4.35 million million USD (2024)
- Gross Fixed Capital Formation — Value US$ 753,486 million USD (2024)
- Gross Domestic Product — Value US$ per capita 9,997 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 9,035 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.93 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 2.44 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 1.83 % (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 the general government final consumption expenditure in South America?
- Annual growth of the general government final consumption expenditure in South America was 1.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in South America?
- The highest recorded value was 5.7% in 2021.
- What is the lowest annual growth of the general government final consumption expenditure recorded in South America?
- The lowest recorded value was -2.5% in 2020.
- How does South America rank for annual growth of the general government final consumption expenditure?
- South America ranks 21st out of 32 groups with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in South America?
- Over the last ten years it is down 53.7%. 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 the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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