Final consumption expenditure (current US$), annual growth rate in Low & middle income
Low & middle income: Final consumption expenditure (current US$), annual growth rate was 4.85 % change on previous year in 2024. ◆ Volatile
Latest (2024)
4.85 % change on previous year
Change on year
down 21.4%
Rank
25th
of 43 groups
All-time high
25.75 % change on previous year
in 1974
All-time low
-3.81 % change on previous year
in 2020
Years of data
64
1961–2024
Final consumption expenditure (current US$), annual growth rate in Low & middle income, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for final consumption expenditure (current us$), annual growth rate in Low & middle income is 4.85 % change on previous year, measured in 2024.
Compared with earlier readings it is down 21.4% on the previous year and up 6.7% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in Low & middle income peaked at 25.75 % change on previous year in 1974 and was at its lowest, -3.81 % change on previous year, in 2020.
That places Low & middle income 25th out of 43 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), annual growth rate in Low & middle income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 5.8 % change on previous year | — |
| 1962 | 6.13 % change on previous year | +5.7% |
| 1963 | 8.54 % change on previous year | +39.3% |
| 1964 | 9.92 % change on previous year | +16.2% |
| 1965 | 6.98 % change on previous year | -29.6% |
| 1966 | 2.48 % change on previous year | -64.5% |
| 1967 | 5.95 % change on previous year | +139.8% |
| 1968 | 5.28 % change on previous year | -11.3% |
| 1969 | 9.19 % change on previous year | +74.1% |
| 1970 | 8.13 % change on previous year | -11.6% |
| 1971 | 9.79 % change on previous year | +20.4% |
| 1972 | 10.89 % change on previous year | +11.3% |
| 1973 | 23.51 % change on previous year | +115.8% |
| 1974 | 25.75 % change on previous year | +9.5% |
| 1975 | 11.58 % change on previous year | -55.0% |
| 1976 | 6.37 % change on previous year | -45.0% |
| 1977 | 12.09 % change on previous year | +89.8% |
| 1978 | 13.25 % change on previous year | +9.6% |
| 1979 | 14.68 % change on previous year | +10.8% |
| 1980 | 17.5 % change on previous year | +19.2% |
| 1981 | 10.66 % change on previous year | -39.1% |
| 1982 | 0.8828 % change on previous year | -91.7% |
| 1983 | -0.5388 % change on previous year | -161.0% |
| 1984 | 2.98 % change on previous year | -653.5% |
| 1985 | 2.16 % change on previous year | -27.5% |
| 1986 | 7.12 % change on previous year | +229.3% |
| 1987 | 0.5807 % change on previous year | -91.8% |
| 1988 | 7.54 % change on previous year | +1197.7% |
| 1989 | 5.92 % change on previous year | -21.4% |
| 1990 | 14.26 % change on previous year | +140.6% |
| 1991 | -1.25 % change on previous year | -108.8% |
| 1992 | 5.09 % change on previous year | -507.4% |
| 1993 | 7.65 % change on previous year | +50.4% |
| 1994 | 10.69 % change on previous year | +39.8% |
| 1995 | 14.52 % change on previous year | +35.8% |
| 1996 | 10.05 % change on previous year | -30.8% |
| 1997 | 6.35 % change on previous year | -36.8% |
| 1998 | -1.6 % change on previous year | -125.2% |
| 1999 | -1.09 % change on previous year | -31.9% |
| 2000 | 7.55 % change on previous year | -794.4% |
| 2001 | -0.3837 % change on previous year | -105.1% |
| 2002 | -0.0912 % change on previous year | -76.2% |
| 2003 | 10.22 % change on previous year | -11312.5% |
| 2004 | 14.03 % change on previous year | +37.3% |
| 2005 | 16.87 % change on previous year | +20.2% |
| 2006 | 14.9 % change on previous year | -11.7% |
| 2007 | 21.31 % change on previous year | +43.1% |
| 2008 | 17.08 % change on previous year | -19.8% |
| 2009 | 1.78 % change on previous year | -89.6% |
| 2010 | 19.08 % change on previous year | +971.2% |
| 2011 | 17.96 % change on previous year | -5.9% |
| 2012 | 6.79 % change on previous year | -62.2% |
| 2013 | 5.84 % change on previous year | -13.9% |
| 2014 | 4.55 % change on previous year | -22.2% |
| 2015 | -2.23 % change on previous year | -149.1% |
| 2016 | 1.97 % change on previous year | -188.0% |
| 2017 | 8.82 % change on previous year | +348.9% |
| 2018 | 5.28 % change on previous year | -40.1% |
| 2019 | 3.15 % change on previous year | -40.3% |
| 2020 | -3.81 % change on previous year | -220.9% |
| 2021 | 15.25 % change on previous year | -500.4% |
| 2022 | 4.71 % change on previous year | -69.1% |
| 2023 | 6.17 % change on previous year | +30.9% |
| 2024 | 4.85 % change on previous year | -21.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.7 % change on previous year | 2.48 % change on previous year | 9.92 % change on previous year | 9 |
| 1970s | 13.6 % change on previous year | 6.37 % change on previous year | 25.75 % change on previous year | 10 |
| 1980s | 5.48 % change on previous year | -0.5388 % change on previous year | 17.5 % change on previous year | 10 |
| 1990s | 6.47 % change on previous year | -1.6 % change on previous year | 14.52 % change on previous year | 10 |
| 2000s | 10.33 % change on previous year | -0.3837 % change on previous year | 21.31 % change on previous year | 10 |
| 2010s | 7.12 % change on previous year | -2.23 % change on previous year | 19.08 % change on previous year | 10 |
| 2020s | 5.43 % change on previous year | -3.81 % change on previous year | 15.25 % change on previous year | 5 |
Countries ranked near Low & middle income
- 22 Armenia 15.97 % change on previous year compare
- 23 Congo, Democratic Republic of the 15.79 % change on previous year compare
- 24 Jordan 15.36 % change on previous year compare
- 25 Gabon 15.02 % change on previous year compare
- 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
More economy & growth data for Low & middle income
- Manufacturing, value added (current US$), per capita 1,225 current US$ per person (2025)
- Industry (including construction), value added 12.99 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 4.2% (2025)
- Industry (including construction), value added 32.3% (2025)
- Manufacturing, value added (current US$), per unit of GDP 0.2006 current US$ per US$ of GDP (2025)
- Services, value added 23.90 trillion current US$ (2025)
- Services, value added 22.45 trillion constant 2015 US$ (2025)
- Services, value added 57.6% (2025)
- Industry (including construction), value added (constant 2015 US$) 1,913 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3132 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure (current us$), annual growth rate in Low & middle income?
- Final consumption expenditure (current us$), annual growth rate in Low & middle income was 4.85 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in Low & middle income?
- The highest recorded value was 25.75 % change on previous year in 1974.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in Low & middle income?
- The lowest recorded value was -3.81 % change on previous year in 2020.
- How does Low & middle income rank for final consumption expenditure (current us$), annual growth rate?
- Low & middle income ranks 25th out of 43 groups with data for 2024.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in Low & middle income?
- Over the last ten years it is up 6.7%. The long-run trend across the full record is volatile.
- Where does this Low & middle income data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current US$). 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.