Final consumption expenditure in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Final consumption expenditure was 2.4% in 2025. ◆ Volatile
Final consumption expenditure in Latin America & Caribbean (excluding high income), 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for final consumption expenditure in Latin America & Caribbean (excluding high income) is 2.4%, measured in 2025.
That represents a change of down 6.0% on the previous year and up 237.4% over ten years.
Over the whole period, final consumption expenditure in Latin America & Caribbean (excluding high income) peaked at 11.8% in 1970 and was at its lowest, -6.6%, in 2020.
That places Latin America & Caribbean (excluding high income) 36th out of 42 groups with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Latin America & Caribbean (excluding high income), year by year
| Year | annual % growth | Change |
|---|---|---|
| 1961 | 7.5% | — |
| 1962 | 3.8% | -49.2% |
| 1963 | 2.6% | -33.0% |
| 1964 | 6.9% | +168.3% |
| 1965 | 11.1% | +60.9% |
| 1966 | 3.8% | -65.6% |
| 1967 | 6.2% | +62.2% |
| 1968 | 6.8% | +10.0% |
| 1969 | 3.8% | -44.5% |
| 1970 | 11.8% | +211.7% |
| 1971 | 7.7% | -34.4% |
| 1972 | 6.9% | -10.7% |
| 1973 | 8.3% | +20.6% |
| 1974 | 7.0% | -15.8% |
| 1975 | 3.2% | -54.0% |
| 1976 | 6.0% | +86.8% |
| 1977 | 4.0% | -33.3% |
| 1978 | 4.1% | +2.7% |
| 1979 | 7.9% | +92.5% |
| 1980 | 6.5% | -18.4% |
| 1981 | 0.3% | -95.0% |
| 1982 | 0.9% | +172.1% |
| 1983 | -1.7% | -298.3% |
| 1984 | 3.3% | -285.9% |
| 1985 | 1.1% | -64.8% |
| 1986 | 6.1% | +434.4% |
| 1987 | 1.8% | -70.3% |
| 1988 | -0.5% | -127.3% |
| 1989 | 1.9% | -481.9% |
| 1990 | 1.2% | -35.2% |
| 1991 | 3.5% | +183.9% |
| 1992 | 3.0% | -13.4% |
| 1993 | 2.8% | -6.0% |
| 1994 | 5.2% | +82.9% |
| 1995 | 1.8% | -65.5% |
| 1996 | 2.8% | +58.8% |
| 1997 | 5.1% | +79.8% |
| 1998 | 2.4% | -52.2% |
| 1999 | 1.1% | -56.8% |
| 2000 | 4.0% | +281.0% |
| 2001 | 0.7% | -83.4% |
| 2002 | 0.1% | -88.3% |
| 2003 | 1.7% | +2109.2% |
| 2004 | 3.8% | +120.3% |
| 2005 | 4.1% | +8.1% |
| 2006 | 5.8% | +40.1% |
| 2007 | 5.1% | -11.3% |
| 2008 | 4.3% | -16.4% |
| 2009 | -0.0% | -101.0% |
| 2010 | 5.7% | -13481.2% |
| 2011 | 5.0% | -12.8% |
| 2012 | 3.1% | -37.6% |
| 2013 | 3.4% | +8.5% |
| 2014 | 1.6% | -52.7% |
| 2015 | 0.7% | -55.3% |
| 2016 | -0.6% | -189.7% |
| 2017 | 1.9% | -392.7% |
| 2018 | 1.4% | -23.9% |
| 2019 | 0.4% | -73.2% |
| 2020 | -6.6% | -1843.3% |
| 2021 | 6.5% | -197.8% |
| 2022 | 4.8% | -25.1% |
| 2023 | 2.8% | -41.4% |
| 2024 | 2.5% | -10.3% |
| 2025 | 2.4% | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.8% | 2.6% | 11.1% | 9 |
| 1970s | 6.7% | 3.2% | 11.8% | 10 |
| 1980s | 2.0% | -1.7% | 6.5% | 10 |
| 1990s | 2.9% | 1.1% | 5.2% | 10 |
| 2000s | 3.0% | -0.0% | 5.8% | 10 |
| 2010s | 2.2% | -0.6% | 5.7% | 10 |
| 2020s | 2.1% | -6.6% | 6.5% | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is final consumption expenditure in Latin America & Caribbean (excluding high income)?
- Final consumption expenditure in Latin America & Caribbean (excluding high income) was 2.4% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 11.8% in 1970.
- What is the lowest final consumption expenditure recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was -6.6% in 2020.
- How does Latin America & Caribbean (excluding high income) rank for final consumption expenditure?
- Latin America & Caribbean (excluding high income) ranks 36th out of 42 groups with data for 2025.
- Is final consumption expenditure rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 237.4%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
Download this data
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.