Annual growth of the general government final consumption expenditure in Western Asia
Western Asia: 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 Western Asia, 2001–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of the general government final consumption expenditure in Western Asia is 1.0%, measured in 2024.
The figure is down 77.8% on the previous year and down 84.4% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Western Asia peaked at 11.6% in 2011 and was at its lowest, -3.9%, in 2016.
That places Western Asia 22nd 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 Western Asia, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 2.0% | — |
| 2002 | 2.9% | +46.6% |
| 2003 | 1.8% | -36.9% |
| 2004 | 5.0% | +171.2% |
| 2005 | 4.9% | -0.8% |
| 2006 | 6.7% | +35.2% |
| 2007 | 4.2% | -37.1% |
| 2008 | 4.2% | -0.2% |
| 2009 | 6.0% | +43.8% |
| 2010 | 1.4% | -75.9% |
| 2011 | 11.6% | +699.4% |
| 2012 | 5.4% | -53.2% |
| 2013 | 8.8% | +63.0% |
| 2014 | 6.2% | -30.3% |
| 2015 | -3.0% | -149.3% |
| 2016 | -3.9% | +28.0% |
| 2017 | 3.7% | -194.8% |
| 2018 | 7.6% | +107.0% |
| 2019 | 3.5% | -54.1% |
| 2020 | -0.0% | -100.8% |
| 2021 | 3.8% | -14144.0% |
| 2022 | 4.2% | +9.7% |
| 2023 | 4.3% | +3.7% |
| 2024 | 1.0% | -77.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.2% | 1.8% | 6.7% | 9 |
| 2010s | 4.1% | -3.9% | 11.6% | 10 |
| 2020s | 2.7% | -0.0% | 4.3% | 5 |
Countries ranked near Western Asia
More economy & growth data for Western Asia
- Gross Domestic Product, GDP in millions constant 2021 international $ 4.37 million (2027)
- Gross Domestic Product — Value US$ 4.55 million million USD (2024)
- Gross Fixed Capital Formation — Value US$ 1.19 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 14,704 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 12,408 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.84 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 6.59 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.74 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.8 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 26.15 % (2024)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Western Asia?
- Annual growth of the general government final consumption expenditure in Western Asia 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 Western Asia?
- The highest recorded value was 11.6% in 2011.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Western Asia?
- The lowest recorded value was -3.9% in 2016.
- How does Western Asia rank for annual growth of the general government final consumption expenditure?
- Western Asia ranks 22nd out of 32 groups with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Western Asia?
- Over the last ten years it is down 84.4%. The long-run trend across the full record is volatile.
- Where does this Western 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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