Final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Final consumption expenditure was 2.4% in 2025. ◆ Volatile
Final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries), 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 2.4% for final consumption expenditure in 2025.
The figure is down 6.8% on the previous year and up 215.0% over ten years.
Over the whole period, final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) peaked at 11.2% in 1970 and was at its lowest, -6.5%, in 2020.
That places Latin America & the Caribbean (IDA & IBRD countries) 34th 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 & the Caribbean (IDA & IBRD countries), year by year
| Year | annual % growth | Change |
|---|---|---|
| 1961 | 7.2% | — |
| 1962 | 3.9% | -46.5% |
| 1963 | 2.5% | -35.1% |
| 1964 | 6.5% | +159.9% |
| 1965 | 10.3% | +58.3% |
| 1966 | 4.1% | -60.1% |
| 1967 | 5.9% | +42.6% |
| 1968 | 6.5% | +11.5% |
| 1969 | 3.9% | -40.2% |
| 1970 | 11.2% | +186.0% |
| 1971 | 7.7% | -31.3% |
| 1972 | 6.8% | -11.4% |
| 1973 | 7.8% | +14.3% |
| 1974 | 6.3% | -19.2% |
| 1975 | 2.7% | -57.4% |
| 1976 | 5.8% | +115.4% |
| 1977 | 4.1% | -28.5% |
| 1978 | 4.2% | +1.0% |
| 1979 | 8.0% | +91.9% |
| 1980 | 6.6% | -17.3% |
| 1981 | 0.1% | -97.9% |
| 1982 | 0.1% | -19.4% |
| 1983 | -2.1% | -1957.9% |
| 1984 | 3.0% | -244.3% |
| 1985 | 1.2% | -61.1% |
| 1986 | 6.3% | +433.8% |
| 1987 | 2.1% | -67.2% |
| 1988 | -0.4% | -120.0% |
| 1989 | 2.1% | -605.6% |
| 1990 | 1.4% | -33.4% |
| 1991 | 3.9% | +182.1% |
| 1992 | 3.8% | -3.2% |
| 1993 | 3.2% | -14.9% |
| 1994 | 5.3% | +64.2% |
| 1995 | 2.0% | -63.1% |
| 1996 | 3.0% | +54.8% |
| 1997 | 5.2% | +71.8% |
| 1998 | 2.7% | -49.0% |
| 1999 | 0.9% | -64.6% |
| 2000 | 3.9% | +315.7% |
| 2001 | 0.7% | -83.3% |
| 2002 | 0.1% | -83.4% |
| 2003 | 1.7% | +1476.5% |
| 2004 | 3.9% | +129.3% |
| 2005 | 4.3% | +9.3% |
| 2006 | 5.6% | +31.3% |
| 2007 | 5.2% | -8.1% |
| 2008 | 4.4% | -15.8% |
| 2009 | 0.0% | -99.0% |
| 2010 | 5.9% | +13224.0% |
| 2011 | 5.2% | -11.7% |
| 2012 | 3.3% | -36.9% |
| 2013 | 3.4% | +5.2% |
| 2014 | 1.7% | -51.0% |
| 2015 | 0.8% | -54.5% |
| 2016 | -0.4% | -148.0% |
| 2017 | 2.0% | -646.3% |
| 2018 | 1.6% | -23.0% |
| 2019 | 0.5% | -68.5% |
| 2020 | -6.5% | -1437.8% |
| 2021 | 7.2% | -209.5% |
| 2022 | 4.7% | -33.8% |
| 2023 | 2.6% | -44.8% |
| 2024 | 2.6% | -0.6% |
| 2025 | 2.4% | -6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.6% | 2.5% | 10.3% | 9 |
| 1970s | 6.4% | 2.7% | 11.2% | 10 |
| 1980s | 1.9% | -2.1% | 6.6% | 10 |
| 1990s | 3.2% | 0.9% | 5.3% | 10 |
| 2000s | 3.0% | 0.0% | 5.6% | 10 |
| 2010s | 2.4% | -0.4% | 5.9% | 10 |
| 2020s | 2.2% | -6.5% | 7.2% | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries)?
- Final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 11.2% in 1970.
- What is the lowest final consumption expenditure recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was -6.5% in 2020.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for final consumption expenditure?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 34th out of 42 groups with data for 2025.
- Is final consumption expenditure rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 215.0%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.
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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.