Final consumption expenditure (current US$), annual growth rate in High income
High income: Final consumption expenditure (current US$), annual growth rate was 4.57 % change on previous year in 2024. ◆ Volatile
Latest (2024)
4.57 % change on previous year
Change on year
down 22.4%
Rank
29th
of 43 groups
All-time high
21.18 % change on previous year
in 1986
All-time low
-6.56 % change on previous year
in 2015
Years of data
54
1971–2024
Final consumption expenditure (current US$), annual growth rate in High income, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, final consumption expenditure (current us$), annual growth rate in High income stood at 4.57 % change on previous year.
The figure is down 22.4% on the previous year and up 223.1% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in High income peaked at 21.18 % change on previous year in 1986 and was at its lowest, -6.56 % change on previous year, in 2015.
That places High income 29th out of 43 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), annual growth rate in High income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.47 % change on previous year | — |
| 1972 | 15.62 % change on previous year | +36.2% |
| 1973 | 19.27 % change on previous year | +23.3% |
| 1974 | 13.25 % change on previous year | -31.2% |
| 1975 | 15.34 % change on previous year | +15.8% |
| 1976 | 7.93 % change on previous year | -48.3% |
| 1977 | 13.08 % change on previous year | +64.8% |
| 1978 | 18.97 % change on previous year | +45.1% |
| 1979 | 15.51 % change on previous year | -18.3% |
| 1980 | 12.53 % change on previous year | -19.2% |
| 1981 | 1.39 % change on previous year | -88.9% |
| 1982 | 1.23 % change on previous year | -11.6% |
| 1983 | 3.97 % change on previous year | +223.4% |
| 1984 | 2.67 % change on previous year | -32.7% |
| 1985 | 5.55 % change on previous year | +107.7% |
| 1986 | 21.18 % change on previous year | +281.8% |
| 1987 | 15.79 % change on previous year | -25.5% |
| 1988 | 11.32 % change on previous year | -28.3% |
| 1989 | 3.61 % change on previous year | -68.1% |
| 1990 | 12.73 % change on previous year | +252.5% |
| 1991 | 5.65 % change on previous year | -55.6% |
| 1992 | 7.56 % change on previous year | +33.7% |
| 1993 | 1.34 % change on previous year | -82.3% |
| 1994 | 6.63 % change on previous year | +394.5% |
| 1995 | 9.93 % change on previous year | +49.8% |
| 1996 | 1.1 % change on previous year | -89.0% |
| 1997 | -1.69 % change on previous year | -253.8% |
| 1998 | 0.4052 % change on previous year | -124.0% |
| 1999 | 5.18 % change on previous year | +1178.7% |
| 2000 | 2.15 % change on previous year | -58.5% |
| 2001 | 0.6774 % change on previous year | -68.5% |
| 2002 | 5.35 % change on previous year | +689.9% |
| 2003 | 12.39 % change on previous year | +131.5% |
| 2004 | 10.88 % change on previous year | -12.2% |
| 2005 | 5.8 % change on previous year | -46.6% |
| 2006 | 5.46 % change on previous year | -5.9% |
| 2007 | 9.52 % change on previous year | +74.3% |
| 2008 | 8 % change on previous year | -16.0% |
| 2009 | -3.85 % change on previous year | -148.2% |
| 2010 | 3.99 % change on previous year | -203.6% |
| 2011 | 7.74 % change on previous year | +93.7% |
| 2012 | 0.0841 % change on previous year | -98.9% |
| 2013 | 1.27 % change on previous year | +1405.9% |
| 2014 | 1.41 % change on previous year | +11.7% |
| 2015 | -6.56 % change on previous year | -563.9% |
| 2016 | 2.12 % change on previous year | -132.3% |
| 2017 | 4.51 % change on previous year | +112.6% |
| 2018 | 5.81 % change on previous year | +28.8% |
| 2019 | 1.1 % change on previous year | -81.0% |
| 2020 | -1.7 % change on previous year | -253.8% |
| 2021 | 11.2 % change on previous year | -759.9% |
| 2022 | 3.5 % change on previous year | -68.8% |
| 2023 | 5.89 % change on previous year | +68.5% |
| 2024 | 4.57 % change on previous year | -22.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.49 % change on previous year | 7.93 % change on previous year | 19.27 % change on previous year | 9 |
| 1980s | 7.92 % change on previous year | 1.23 % change on previous year | 21.18 % change on previous year | 10 |
| 1990s | 4.88 % change on previous year | -1.69 % change on previous year | 12.73 % change on previous year | 10 |
| 2000s | 5.64 % change on previous year | -3.85 % change on previous year | 12.39 % change on previous year | 10 |
| 2010s | 2.15 % change on previous year | -6.56 % change on previous year | 7.74 % change on previous year | 10 |
| 2020s | 4.69 % change on previous year | -1.7 % change on previous year | 11.2 % change on previous year | 5 |
Countries ranked near High income
- 26 Guinea 14.67 % change on previous year compare
- 27 Papua New Guinea 14.59 % change on previous year compare
- 28 Poland 14.34 % change on previous year compare
- 29 Cameroon 14.27 % change on previous year compare
- 30 Togo 14.16 % change on previous year compare
- 31 Montenegro 14.06 % change on previous year compare
- 32 Burkina Faso 13.89 % change on previous year compare
More economy & growth data for High income
- Final consumption expenditure (current US$), per capita 38,721 current US$ per person (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7606 current US$ per US$ of GDP (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 (current us$), annual growth rate in High income?
- Final consumption expenditure (current us$), annual growth rate in High income was 4.57 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in High income?
- The highest recorded value was 21.18 % change on previous year in 1986.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in High income?
- The lowest recorded value was -6.56 % change on previous year in 2015.
- How does High income rank for final consumption expenditure (current us$), annual growth rate?
- High income ranks 29th out of 43 groups with data for 2024.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in High income?
- Over the last ten years it is up 223.1%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current US$). 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 Offices (NSOs)
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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.