Final consumption expenditure (constant 2015 US$), annual growth rate in High income
High income: Final consumption expenditure (constant 2015 US$), annual growth rate was 2.27 % change on previous year in 2024. ◆ Volatile
Latest (2024)
2.27 % change on previous year
Change on year
up 11.6%
Rank
37th
of 42 groups
All-time high
5.89 % change on previous year
in 2021
All-time low
-3.44 % change on previous year
in 2020
Years of data
54
1971–2024
Final consumption expenditure (constant 2015 US$), annual growth rate in High income, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
High income recorded 2.27 % change on previous year for final consumption expenditure (constant 2015 us$), annual growth rate in 2024.
The figure is up 11.6% on the previous year and up 24.4% over ten years.
Over the whole period, final consumption expenditure (constant 2015 us$), annual growth rate in High income peaked at 5.89 % change on previous year in 2021 and was at its lowest, -3.44 % change on previous year, in 2020.
That places High income 37th out of 42 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (constant 2015 US$), annual growth rate in High income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.14 % change on previous year | — |
| 1972 | 5.3 % change on previous year | +28.0% |
| 1973 | 4.87 % change on previous year | -8.0% |
| 1974 | 1.16 % change on previous year | -76.3% |
| 1975 | 2.89 % change on previous year | +150.3% |
| 1976 | 4.06 % change on previous year | +40.3% |
| 1977 | 3.14 % change on previous year | -22.7% |
| 1978 | 3.83 % change on previous year | +22.0% |
| 1979 | 3.25 % change on previous year | -15.1% |
| 1980 | 1.28 % change on previous year | -60.5% |
| 1981 | 1.6 % change on previous year | +24.3% |
| 1982 | 1.67 % change on previous year | +4.9% |
| 1983 | 3.26 % change on previous year | +95.1% |
| 1984 | 3 % change on previous year | -8.0% |
| 1985 | 3.75 % change on previous year | +24.9% |
| 1986 | 3.95 % change on previous year | +5.4% |
| 1987 | 3.54 % change on previous year | -10.4% |
| 1988 | 3.89 % change on previous year | +10.0% |
| 1989 | 3.26 % change on previous year | -16.1% |
| 1990 | 2.87 % change on previous year | -12.0% |
| 1991 | 1.28 % change on previous year | -55.3% |
| 1992 | 2.43 % change on previous year | +89.0% |
| 1993 | 1.75 % change on previous year | -28.1% |
| 1994 | 2.63 % change on previous year | +50.6% |
| 1995 | 2.25 % change on previous year | -14.6% |
| 1996 | 2.65 % change on previous year | +17.9% |
| 1997 | 2.75 % change on previous year | +3.7% |
| 1998 | 3.01 % change on previous year | +9.4% |
| 1999 | 3.86 % change on previous year | +28.2% |
| 2000 | 3.76 % change on previous year | -2.4% |
| 2001 | 2.59 % change on previous year | -31.2% |
| 2002 | 2.49 % change on previous year | -4.0% |
| 2003 | 2.34 % change on previous year | -6.0% |
| 2004 | 2.9 % change on previous year | +23.9% |
| 2005 | 2.83 % change on previous year | -2.1% |
| 2006 | 2.66 % change on previous year | -6.1% |
| 2007 | 2.75 % change on previous year | +3.3% |
| 2008 | 1.15 % change on previous year | -58.2% |
| 2009 | -0.2953 % change on previous year | -125.7% |
| 2010 | 1.68 % change on previous year | -668.7% |
| 2011 | 1.09 % change on previous year | -35.3% |
| 2012 | 1.05 % change on previous year | -3.8% |
| 2013 | 1.27 % change on previous year | +21.3% |
| 2014 | 1.83 % change on previous year | +43.8% |
| 2015 | 2.17 % change on previous year | +18.8% |
| 2016 | 1.98 % change on previous year | -8.9% |
| 2017 | 2.18 % change on previous year | +10.4% |
| 2018 | 2.16 % change on previous year | -1.0% |
| 2019 | 1.99 % change on previous year | -7.7% |
| 2020 | -3.44 % change on previous year | -272.5% |
| 2021 | 5.89 % change on previous year | -271.5% |
| 2022 | 3.23 % change on previous year | -45.2% |
| 2023 | 2.03 % change on previous year | -37.0% |
| 2024 | 2.27 % change on previous year | +11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.63 % change on previous year | 1.16 % change on previous year | 5.3 % change on previous year | 9 |
| 1980s | 2.92 % change on previous year | 1.28 % change on previous year | 3.95 % change on previous year | 10 |
| 1990s | 2.55 % change on previous year | 1.28 % change on previous year | 3.86 % change on previous year | 10 |
| 2000s | 2.32 % change on previous year | -0.2953 % change on previous year | 3.76 % change on previous year | 10 |
| 2010s | 1.74 % change on previous year | 1.05 % change on previous year | 2.18 % change on previous year | 10 |
| 2020s | 2 % change on previous year | -3.44 % change on previous year | 5.89 % change on previous year | 5 |
Countries ranked near High income
- 34 Angola 5.48 % change on previous year compare
- 35 Seychelles 5.42 % change on previous year compare
- 36 Malaysia 5.41 % change on previous year compare
- 37 Sri Lanka 5.33 % change on previous year compare
- 38 Tanzania, United Republic of 5.32 % change on previous year compare
- 39 Gabon 5.16 % change on previous year compare
- 40 Philippines 5.16 % change on previous year compare
More economy & growth data for High income
- Final consumption expenditure (current US$), per unit of GDP 0.7606 current US$ per US$ of GDP (2024)
- Final consumption expenditure (current US$), annual growth rate 4.57 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 24,947 constant 2015 US$ per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.49 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.13 % change on previous year (2024)
- Manufacturing, value added (current US$), per unit of GDP 0.12 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per unit of GDP 0.3082 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 16,640 current US$ per person (2025)
- Imports of goods and services (constant 2015 US$), annual growth rate 5.23 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2588 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure (constant 2015 us$), annual growth rate in High income?
- Final consumption expenditure (constant 2015 us$), annual growth rate in High income was 2.27 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant 2015 us$), annual growth rate recorded in High income?
- The highest recorded value was 5.89 % change on previous year in 2021.
- What is the lowest final consumption expenditure (constant 2015 us$), annual growth rate recorded in High income?
- The lowest recorded value was -3.44 % change on previous year in 2020.
- How does High income rank for final consumption expenditure (constant 2015 us$), annual growth rate?
- High income ranks 37th out of 42 groups with data for 2024.
- Is final consumption expenditure (constant 2015 us$), annual growth rate rising or falling in High income?
- Over the last ten years it is up 24.4%. The long-run trend across the full record is volatile.
- Where does this High income data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.