Final consumption expenditure in Japan
Japan: Final consumption expenditure was 3.45 trillion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
3.45 trillion constant 2015 US$
Change on year
down 0.0%
World rank
3rd
of 172 countries
All-time high
3.45 trillion constant 2015 US$
in 2023
All-time low
1.03 trillion constant 2015 US$
in 1970
Years of data
55
1970–2024
Final consumption expenditure in Japan, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, final consumption expenditure in Japan stood at 3.45 trillion constant 2015 US$.
The figure is up 3.2% over ten years.
Over the whole period, final consumption expenditure in Japan peaked at 3.45 trillion constant 2015 US$ in 2023 and was at its lowest, 1.03 trillion constant 2015 US$, in 1970.
Japan ranks 3rd of 172 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Final consumption expenditure in Japan, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 1.03 trillion constant 2015 US$ | — |
| 1971 | 1.09 trillion constant 2015 US$ | +6.0% |
| 1972 | 1.18 trillion constant 2015 US$ | +8.2% |
| 1973 | 1.28 trillion constant 2015 US$ | +8.1% |
| 1974 | 1.28 trillion constant 2015 US$ | -0.1% |
| 1975 | 1.35 trillion constant 2015 US$ | +5.9% |
| 1976 | 1.39 trillion constant 2015 US$ | +3.2% |
| 1977 | 1.45 trillion constant 2015 US$ | +4.1% |
| 1978 | 1.53 trillion constant 2015 US$ | +5.2% |
| 1979 | 1.62 trillion constant 2015 US$ | +6.0% |
| 1980 | 1.64 trillion constant 2015 US$ | +1.5% |
| 1981 | 1.68 trillion constant 2015 US$ | +2.5% |
| 1982 | 1.76 trillion constant 2015 US$ | +4.6% |
| 1983 | 1.83 trillion constant 2015 US$ | +3.8% |
| 1984 | 1.88 trillion constant 2015 US$ | +3.0% |
| 1985 | 1.95 trillion constant 2015 US$ | +3.6% |
| 1986 | 2.02 trillion constant 2015 US$ | +3.7% |
| 1987 | 2.11 trillion constant 2015 US$ | +4.3% |
| 1988 | 2.21 trillion constant 2015 US$ | +4.9% |
| 1989 | 2.31 trillion constant 2015 US$ | +4.4% |
| 1990 | 2.42 trillion constant 2015 US$ | +4.8% |
| 1991 | 2.48 trillion constant 2015 US$ | +2.6% |
| 1992 | 2.54 trillion constant 2015 US$ | +2.2% |
| 1993 | 2.57 trillion constant 2015 US$ | +1.5% |
| 1994 | 2.64 trillion constant 2015 US$ | +2.5% |
| 1995 | 2.71 trillion constant 2015 US$ | +2.8% |
| 1996 | 2.77 trillion constant 2015 US$ | +2.0% |
| 1997 | 2.79 trillion constant 2015 US$ | +0.8% |
| 1998 | 2.78 trillion constant 2015 US$ | -0.2% |
| 1999 | 2.83 trillion constant 2015 US$ | +1.7% |
| 2000 | 2.89 trillion constant 2015 US$ | +2.1% |
| 2001 | 2.95 trillion constant 2015 US$ | +2.1% |
| 2002 | 2.99 trillion constant 2015 US$ | +1.4% |
| 2003 | 3.02 trillion constant 2015 US$ | +0.9% |
| 2004 | 3.06 trillion constant 2015 US$ | +1.3% |
| 2005 | 3.10 trillion constant 2015 US$ | +1.4% |
| 2006 | 3.13 trillion constant 2015 US$ | +0.8% |
| 2007 | 3.16 trillion constant 2015 US$ | +1.0% |
| 2008 | 3.13 trillion constant 2015 US$ | -0.8% |
| 2009 | 3.12 trillion constant 2015 US$ | -0.2% |
| 2010 | 3.20 trillion constant 2015 US$ | +2.3% |
| 2011 | 3.20 trillion constant 2015 US$ | +0.1% |
| 2012 | 3.27 trillion constant 2015 US$ | +2.1% |
| 2013 | 3.35 trillion constant 2015 US$ | +2.5% |
| 2014 | 3.34 trillion constant 2015 US$ | -0.3% |
| 2015 | 3.36 trillion constant 2015 US$ | +0.4% |
| 2016 | 3.36 trillion constant 2015 US$ | +0.2% |
| 2017 | 3.39 trillion constant 2015 US$ | +0.8% |
| 2018 | 3.40 trillion constant 2015 US$ | +0.4% |
| 2019 | 3.40 trillion constant 2015 US$ | -0.1% |
| 2020 | 3.30 trillion constant 2015 US$ | -3.0% |
| 2021 | 3.38 trillion constant 2015 US$ | +2.4% |
| 2022 | 3.45 trillion constant 2015 US$ | +2.1% |
| 2023 | 3.45 trillion constant 2015 US$ | +0.0% |
| 2024 | 3.45 trillion constant 2015 US$ | -0.0% |
Japan compared with similar countries
- Japan's 3.45 trillion constant 2015 US$ is above the median for high income countries, which is 177.97 billion constant 2015 US$, 19.4× the median. (61 countries reporting)
- Japan's 3.45 trillion constant 2015 US$ is above the median for East Asia & Pacific, which is 27.09 billion constant 2015 US$, 127.2× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.32 trillion constant 2015 US$ | 1.03 trillion constant 2015 US$ | 1.62 trillion constant 2015 US$ | 10 |
| 1980s | 1.94 trillion constant 2015 US$ | 1.64 trillion constant 2015 US$ | 2.31 trillion constant 2015 US$ | 10 |
| 1990s | 2.65 trillion constant 2015 US$ | 2.42 trillion constant 2015 US$ | 2.83 trillion constant 2015 US$ | 10 |
| 2000s | 3.06 trillion constant 2015 US$ | 2.89 trillion constant 2015 US$ | 3.16 trillion constant 2015 US$ | 10 |
| 2010s | 3.33 trillion constant 2015 US$ | 3.20 trillion constant 2015 US$ | 3.40 trillion constant 2015 US$ | 10 |
| 2020s | 3.40 trillion constant 2015 US$ | 3.30 trillion constant 2015 US$ | 3.45 trillion constant 2015 US$ | 5 |
Countries ranked near Japan
- 1 United States 18.68 trillion constant 2015 US$ compare
- 2 China 10.72 trillion constant 2015 US$ compare
- 4 Germany 2.85 trillion constant 2015 US$ compare
- 5 United Kingdom 2.75 trillion constant 2015 US$ compare
- 6 India 2.54 trillion constant 2015 US$ compare
More economy & growth data for Japan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.4463 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 217.76 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0491 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,765 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 45.81 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 142.69 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 371.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 11.44 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure in Japan?
- Final consumption expenditure in Japan was 3.45 trillion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Japan?
- The highest recorded value was 3.45 trillion constant 2015 US$ in 2023.
- What is the lowest final consumption expenditure recorded in Japan?
- The lowest recorded value was 1.03 trillion constant 2015 US$ in 1970.
- How does Japan rank for final consumption expenditure?
- Japan ranks 3rd out of 172 countries with data for 2024.
- Is final consumption expenditure rising or falling in Japan?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is rising.
- Where does this Japan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.