Annual growth of the general government final consumption expenditure in Southern Asia
Southern Asia: Annual growth of the general government final consumption expenditure was 1.9% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in Southern Asia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of the general government final consumption expenditure in Southern Asia is 1.9%, measured in 2024.
Compared with earlier readings it is down 64.3% on the previous year and down 63.3% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Southern Asia peaked at 9.9% in 2009 and was at its lowest, 0.2%, in 2020.
That places Southern Asia 13th 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 Southern Asia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.8% | — |
| 2001 | 1.6% | -67.2% |
| 2002 | 2.1% | +35.9% |
| 2003 | 3.5% | +62.9% |
| 2004 | 6.5% | +85.0% |
| 2005 | 6.5% | +0.2% |
| 2006 | 7.0% | +7.6% |
| 2007 | 2.7% | -61.9% |
| 2008 | 7.5% | +182.9% |
| 2009 | 9.9% | +31.1% |
| 2010 | 2.4% | -75.3% |
| 2011 | 3.5% | +44.1% |
| 2012 | 0.9% | -74.1% |
| 2013 | 1.6% | +74.7% |
| 2014 | 5.1% | +218.1% |
| 2015 | 7.3% | +44.8% |
| 2016 | 6.6% | -9.3% |
| 2017 | 8.6% | +29.6% |
| 2018 | 5.2% | -39.8% |
| 2019 | 2.2% | -56.9% |
| 2020 | 0.2% | -89.2% |
| 2021 | 1.7% | +608.6% |
| 2022 | 3.0% | +73.9% |
| 2023 | 5.2% | +74.9% |
| 2024 | 1.9% | -64.3% |
Biggest year-on-year movements
Years where Annual growth of the general government final consumption expenditure in Southern Asia 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 |
|---|---|---|---|
| 2021 | +608.6% | 0.2% | 1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.2% | 1.6% | 9.9% | 10 |
| 2010s | 4.3% | 0.9% | 8.6% | 10 |
| 2020s | 2.4% | 0.2% | 5.2% | 5 |
Countries ranked near Southern Asia
- 10 Togo 12.7% compare
- 11 Guinea-Bissau 11.8% compare
- 12 Central African Republic 11.2% compare
- 13 Gambia 9.8% compare
- 14 Bangladesh 9.8% compare
- 15 United Republic of Tanzania 9.5% compare
- 16 Malta 9.2% compare
More economy & growth data for Southern Asia
- Gross Domestic Product, GDP in millions constant 2021 international $ 22.60 million (2027)
- Gross Domestic Product — Value US$ 5.31 million million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 6.03 % (2024)
- Gross Domestic Product — Value US$ per capita 2,572 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 2,420 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 5.00 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 9.45 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 8.34 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 28.95 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 29.2 % (2024)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Southern Asia?
- Annual growth of the general government final consumption expenditure in Southern Asia was 1.9% 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 Southern Asia?
- The highest recorded value was 9.9% in 2009.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Southern Asia?
- The lowest recorded value was 0.2% in 2020.
- How does Southern Asia rank for annual growth of the general government final consumption expenditure?
- Southern Asia ranks 13th out of 32 groups with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Southern Asia?
- Over the last ten years it is down 63.3%. The long-run trend across the full record is volatile.
- Where does this Southern Asia 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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