Final consumption expenditure (current US$), annual growth rate in Middle income
Middle income: Final consumption expenditure (current US$), annual growth rate was 4.76 % change on previous year in 2024. ◆ Volatile
Final consumption expenditure (current US$), annual growth rate in Middle income, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, final consumption expenditure (current us$), annual growth rate in Middle income stood at 4.76 % change on previous year.
That represents a change of down 23.6% on the previous year and up 5.0% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in Middle income peaked at 25.66 % change on previous year in 1974 and was at its lowest, -3.85 % change on previous year, in 2020.
Middle income ranks 26th of 43 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), annual growth rate in Middle income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 5.79 % change on previous year | — |
| 1962 | 6.12 % change on previous year | +5.6% |
| 1963 | 8.47 % change on previous year | +38.5% |
| 1964 | 10 % change on previous year | +18.1% |
| 1965 | 6.85 % change on previous year | -31.5% |
| 1966 | 2.35 % change on previous year | -65.7% |
| 1967 | 5.86 % change on previous year | +149.7% |
| 1968 | 5.45 % change on previous year | -6.9% |
| 1969 | 9.22 % change on previous year | +69.0% |
| 1970 | 8.15 % change on previous year | -11.6% |
| 1971 | 9.75 % change on previous year | +19.6% |
| 1972 | 10.99 % change on previous year | +12.7% |
| 1973 | 23.8 % change on previous year | +116.5% |
| 1974 | 25.66 % change on previous year | +7.8% |
| 1975 | 11.25 % change on previous year | -56.1% |
| 1976 | 6.37 % change on previous year | -43.4% |
| 1977 | 12.02 % change on previous year | +88.8% |
| 1978 | 13.12 % change on previous year | +9.1% |
| 1979 | 14.7 % change on previous year | +12.0% |
| 1980 | 17.49 % change on previous year | +19.0% |
| 1981 | 10.65 % change on previous year | -39.1% |
| 1982 | 1.05 % change on previous year | -90.2% |
| 1983 | -0.5637 % change on previous year | -153.9% |
| 1984 | 2.92 % change on previous year | -618.0% |
| 1985 | 2.37 % change on previous year | -18.8% |
| 1986 | 7.27 % change on previous year | +206.9% |
| 1987 | 0.3727 % change on previous year | -94.9% |
| 1988 | 7.55 % change on previous year | +1925.6% |
| 1989 | 5.93 % change on previous year | -21.5% |
| 1990 | 13.82 % change on previous year | +133.2% |
| 1991 | -1.83 % change on previous year | -113.2% |
| 1992 | 6.7 % change on previous year | -466.1% |
| 1993 | 7.56 % change on previous year | +12.9% |
| 1994 | 11 % change on previous year | +45.4% |
| 1995 | 15.18 % change on previous year | +38.0% |
| 1996 | 10.45 % change on previous year | -31.2% |
| 1997 | 6.36 % change on previous year | -39.1% |
| 1998 | -1.72 % change on previous year | -127.1% |
| 1999 | -1.08 % change on previous year | -37.4% |
| 2000 | 7.32 % change on previous year | -780.3% |
| 2001 | -0.2385 % change on previous year | -103.3% |
| 2002 | -0.2774 % change on previous year | +16.3% |
| 2003 | 10.21 % change on previous year | -3778.9% |
| 2004 | 14.03 % change on previous year | +37.5% |
| 2005 | 16.8 % change on previous year | +19.8% |
| 2006 | 14.87 % change on previous year | -11.5% |
| 2007 | 21.33 % change on previous year | +43.5% |
| 2008 | 16.96 % change on previous year | -20.5% |
| 2009 | 1.74 % change on previous year | -89.8% |
| 2010 | 19.36 % change on previous year | +1014.9% |
| 2011 | 18.12 % change on previous year | -6.4% |
| 2012 | 6.91 % change on previous year | -61.8% |
| 2013 | 5.86 % change on previous year | -15.3% |
| 2014 | 4.54 % change on previous year | -22.6% |
| 2015 | -2.25 % change on previous year | -149.7% |
| 2016 | 2.2 % change on previous year | -197.6% |
| 2017 | 8.9 % change on previous year | +304.6% |
| 2018 | 5.29 % change on previous year | -40.6% |
| 2019 | 3.11 % change on previous year | -41.3% |
| 2020 | -3.85 % change on previous year | -223.9% |
| 2021 | 15.4 % change on previous year | -499.9% |
| 2022 | 4.46 % change on previous year | -71.1% |
| 2023 | 6.23 % change on previous year | +39.9% |
| 2024 | 4.76 % change on previous year | -23.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.68 % change on previous year | 2.35 % change on previous year | 10 % change on previous year | 9 |
| 1970s | 13.58 % change on previous year | 6.37 % change on previous year | 25.66 % change on previous year | 10 |
| 1980s | 5.5 % change on previous year | -0.5637 % change on previous year | 17.49 % change on previous year | 10 |
| 1990s | 6.64 % change on previous year | -1.83 % change on previous year | 15.18 % change on previous year | 10 |
| 2000s | 10.27 % change on previous year | -0.2774 % change on previous year | 21.33 % change on previous year | 10 |
| 2010s | 7.2 % change on previous year | -2.25 % change on previous year | 19.36 % change on previous year | 10 |
| 2020s | 5.4 % change on previous year | -3.85 % change on previous year | 15.4 % change on previous year | 5 |
Countries ranked near Middle income
- 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
- 29 Cameroon 14.27 % change on previous year compare
More economy & growth data for Middle income
- Manufacturing, value added (current US$), per capita 1,372 current US$ per person (2025)
- Industry (including construction), value added 32.4% (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.081 constant 2015 US$ per US$ of GDP (2025)
- Services, value added 23.64 trillion current US$ (2025)
- Services, value added 22.22 trillion constant 2015 US$ (2025)
- Services, value added 57.9% (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 549.02 constant 2015 US$ per person (2025)
- Manufacturing, value added (current US$), per unit of GDP 0.2024 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2,131 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3144 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure (current us$), annual growth rate in Middle income?
- Final consumption expenditure (current us$), annual growth rate in Middle income was 4.76 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in Middle income?
- The highest recorded value was 25.66 % change on previous year in 1974.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in Middle income?
- The lowest recorded value was -3.85 % change on previous year in 2020.
- How does Middle income rank for final consumption expenditure (current us$), annual growth rate?
- Middle income ranks 26th out of 43 groups with data for 2024.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in Middle income?
- Over the last ten years it is up 5.0%. The long-run trend across the full record is volatile.
- Where does this Middle income data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current US$). 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.