Final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Final consumption expenditure was 4.85 trillion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
4.85 trillion constant 2015 US$
Change on year
up 2.4%
Rank
21st
of 42 groups
All-time high
4.85 trillion constant 2015 US$
in 2025
All-time low
506.30 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries), 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 4.85 trillion constant 2015 US$ for final consumption expenditure in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 17.3% over ten years.
Over the whole period, final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) peaked at 4.85 trillion constant 2015 US$ in 2025 and was at its lowest, 506.30 billion constant 2015 US$, in 1960.
Latin America & the Caribbean (IDA & IBRD countries) ranks 21st of 42 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 506.30 billion constant 2015 US$ | — |
| 1961 | 542.83 billion constant 2015 US$ | +7.2% |
| 1962 | 563.76 billion constant 2015 US$ | +3.9% |
| 1963 | 577.88 billion constant 2015 US$ | +2.5% |
| 1964 | 615.48 billion constant 2015 US$ | +6.5% |
| 1965 | 678.88 billion constant 2015 US$ | +10.3% |
| 1966 | 706.80 billion constant 2015 US$ | +4.1% |
| 1967 | 748.24 billion constant 2015 US$ | +5.9% |
| 1968 | 797.15 billion constant 2015 US$ | +6.5% |
| 1969 | 828.30 billion constant 2015 US$ | +3.9% |
| 1970 | 920.84 billion constant 2015 US$ | +11.2% |
| 1971 | 991.56 billion constant 2015 US$ | +7.7% |
| 1972 | 1.06 trillion constant 2015 US$ | +6.8% |
| 1973 | 1.14 trillion constant 2015 US$ | +7.8% |
| 1974 | 1.21 trillion constant 2015 US$ | +6.3% |
| 1975 | 1.25 trillion constant 2015 US$ | +2.7% |
| 1976 | 1.32 trillion constant 2015 US$ | +5.8% |
| 1977 | 1.37 trillion constant 2015 US$ | +4.1% |
| 1978 | 1.43 trillion constant 2015 US$ | +4.2% |
| 1979 | 1.54 trillion constant 2015 US$ | +8.0% |
| 1980 | 1.65 trillion constant 2015 US$ | +6.6% |
| 1981 | 1.65 trillion constant 2015 US$ | +0.1% |
| 1982 | 1.65 trillion constant 2015 US$ | +0.1% |
| 1983 | 1.61 trillion constant 2015 US$ | -2.1% |
| 1984 | 1.66 trillion constant 2015 US$ | +3.0% |
| 1985 | 1.68 trillion constant 2015 US$ | +1.2% |
| 1986 | 1.79 trillion constant 2015 US$ | +6.3% |
| 1987 | 1.83 trillion constant 2015 US$ | +2.1% |
| 1988 | 1.82 trillion constant 2015 US$ | -0.4% |
| 1989 | 1.86 trillion constant 2015 US$ | +2.1% |
| 1990 | 1.88 trillion constant 2015 US$ | +1.4% |
| 1991 | 1.96 trillion constant 2015 US$ | +3.9% |
| 1992 | 2.03 trillion constant 2015 US$ | +3.8% |
| 1993 | 2.10 trillion constant 2015 US$ | +3.2% |
| 1994 | 2.21 trillion constant 2015 US$ | +5.3% |
| 1995 | 2.25 trillion constant 2015 US$ | +2.0% |
| 1996 | 2.32 trillion constant 2015 US$ | +3.0% |
| 1997 | 2.44 trillion constant 2015 US$ | +5.2% |
| 1998 | 2.51 trillion constant 2015 US$ | +2.7% |
| 1999 | 2.53 trillion constant 2015 US$ | +0.9% |
| 2000 | 2.63 trillion constant 2015 US$ | +3.9% |
| 2001 | 2.65 trillion constant 2015 US$ | +0.7% |
| 2002 | 2.65 trillion constant 2015 US$ | +0.1% |
| 2003 | 2.70 trillion constant 2015 US$ | +1.7% |
| 2004 | 2.80 trillion constant 2015 US$ | +3.9% |
| 2005 | 2.92 trillion constant 2015 US$ | +4.3% |
| 2006 | 3.09 trillion constant 2015 US$ | +5.6% |
| 2007 | 3.25 trillion constant 2015 US$ | +5.2% |
| 2008 | 3.39 trillion constant 2015 US$ | +4.4% |
| 2009 | 3.39 trillion constant 2015 US$ | +0.0% |
| 2010 | 3.59 trillion constant 2015 US$ | +5.9% |
| 2011 | 3.78 trillion constant 2015 US$ | +5.2% |
| 2012 | 3.90 trillion constant 2015 US$ | +3.3% |
| 2013 | 4.03 trillion constant 2015 US$ | +3.4% |
| 2014 | 4.10 trillion constant 2015 US$ | +1.7% |
| 2015 | 4.13 trillion constant 2015 US$ | +0.8% |
| 2016 | 4.12 trillion constant 2015 US$ | -0.4% |
| 2017 | 4.20 trillion constant 2015 US$ | +2.0% |
| 2018 | 4.27 trillion constant 2015 US$ | +1.6% |
| 2019 | 4.29 trillion constant 2015 US$ | +0.5% |
| 2020 | 4.01 trillion constant 2015 US$ | -6.5% |
| 2021 | 4.29 trillion constant 2015 US$ | +7.2% |
| 2022 | 4.50 trillion constant 2015 US$ | +4.7% |
| 2023 | 4.62 trillion constant 2015 US$ | +2.6% |
| 2024 | 4.73 trillion constant 2015 US$ | +2.6% |
| 2025 | 4.85 trillion constant 2015 US$ | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 656.56 billion constant 2015 US$ | 506.30 billion constant 2015 US$ | 828.30 billion constant 2015 US$ | 10 |
| 1970s | 1.22 trillion constant 2015 US$ | 920.84 billion constant 2015 US$ | 1.54 trillion constant 2015 US$ | 10 |
| 1980s | 1.72 trillion constant 2015 US$ | 1.61 trillion constant 2015 US$ | 1.86 trillion constant 2015 US$ | 10 |
| 1990s | 2.22 trillion constant 2015 US$ | 1.88 trillion constant 2015 US$ | 2.53 trillion constant 2015 US$ | 10 |
| 2000s | 2.95 trillion constant 2015 US$ | 2.63 trillion constant 2015 US$ | 3.39 trillion constant 2015 US$ | 10 |
| 2010s | 4.04 trillion constant 2015 US$ | 3.59 trillion constant 2015 US$ | 4.29 trillion constant 2015 US$ | 10 |
| 2020s | 4.50 trillion constant 2015 US$ | 4.01 trillion constant 2015 US$ | 4.85 trillion constant 2015 US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 18 Saudi Arabia 654.59 billion constant 2015 US$ compare
- 19 Netherlands 650.39 billion constant 2015 US$ compare
- 20 Argentina 522.52 billion constant 2015 US$ compare
- 21 Poland 521.35 billion constant 2015 US$ compare
- 22 Switzerland 512.78 billion constant 2015 US$ compare
- 23 Egypt 496.38 billion constant 2015 US$ compare
- 24 Pakistan 437.05 billion constant 2015 US$ compare
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Industry (including construction), value added 30.3% (2025)
- Agriculture, forestry, and fishing, value added 7.1% (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.38 % change on previous year (2025)
- Manufacturing, value added 900.25 billion constant 2015 US$ (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.598 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added 2.13 trillion current US$ (2025)
- Industry (including construction), value added 1.60 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 1.2% (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9233 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.26 % change on previous year (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries)?
- Final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) was 4.85 trillion constant 2015 US$ 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 4.85 trillion constant 2015 US$ in 2025.
- What is the lowest final consumption expenditure recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 506.30 billion constant 2015 US$ in 1960.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for final consumption expenditure?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 21st 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 17.3%. 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 (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.