Final consumption expenditure (current US$), annual growth rate in Upper middle income
Upper middle income: Final consumption expenditure (current US$), annual growth rate was 4.08 % change on previous year in 2024. ◆ Volatile
Latest (2024)
4.08 % change on previous year
Change on year
down 45.4%
Rank
35th
of 43 groups
All-time high
27.82 % change on previous year
in 1973
All-time low
-4.26 % change on previous year
in 2020
Years of data
64
1961–2024
Final consumption expenditure (current US$), annual growth rate in Upper middle income, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Upper middle income recorded 4.08 % change on previous year for final consumption expenditure (current us$), annual growth rate in 2024.
Compared with earlier readings it is down 45.4% on the previous year and down 1.4% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in Upper middle income peaked at 27.82 % change on previous year in 1973 and was at its lowest, -4.26 % change on previous year, in 2020.
That places Upper middle income 35th out of 43 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), annual growth rate in Upper middle income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 5.81 % change on previous year | — |
| 1962 | 6.64 % change on previous year | +14.5% |
| 1963 | 7.31 % change on previous year | +10.0% |
| 1964 | 9.6 % change on previous year | +31.4% |
| 1965 | 6.61 % change on previous year | -31.2% |
| 1966 | 10.2 % change on previous year | +54.4% |
| 1967 | 4.2 % change on previous year | -58.8% |
| 1968 | 6.46 % change on previous year | +53.8% |
| 1969 | 9.5 % change on previous year | +47.0% |
| 1970 | 8.4 % change on previous year | -11.7% |
| 1971 | 10.02 % change on previous year | +19.3% |
| 1972 | 14.07 % change on previous year | +40.4% |
| 1973 | 27.82 % change on previous year | +97.8% |
| 1974 | 27.36 % change on previous year | -1.7% |
| 1975 | 11.41 % change on previous year | -58.3% |
| 1976 | 8.3 % change on previous year | -27.3% |
| 1977 | 11.29 % change on previous year | +36.1% |
| 1978 | 11.99 % change on previous year | +6.2% |
| 1979 | 14.74 % change on previous year | +23.0% |
| 1980 | 16.04 % change on previous year | +8.8% |
| 1981 | 13.17 % change on previous year | -17.9% |
| 1982 | 0.2409 % change on previous year | -98.2% |
| 1983 | -2.48 % change on previous year | -1128.9% |
| 1984 | 6.15 % change on previous year | -348.1% |
| 1985 | 1.14 % change on previous year | -81.4% |
| 1986 | 6.84 % change on previous year | +499.0% |
| 1987 | -1.34 % change on previous year | -119.5% |
| 1988 | 8.01 % change on previous year | -700.0% |
| 1989 | 9.17 % change on previous year | +14.5% |
| 1990 | 16.05 % change on previous year | +74.9% |
| 1991 | -0.3571 % change on previous year | -102.2% |
| 1992 | 7.06 % change on previous year | -2076.0% |
| 1993 | 9.09 % change on previous year | +28.8% |
| 1994 | 12.13 % change on previous year | +33.4% |
| 1995 | 15.91 % change on previous year | +31.2% |
| 1996 | 10.18 % change on previous year | -36.0% |
| 1997 | 6.6 % change on previous year | -35.2% |
| 1998 | -2.66 % change on previous year | -140.3% |
| 1999 | -2.73 % change on previous year | +2.5% |
| 2000 | 7.88 % change on previous year | -388.7% |
| 2001 | -0.6355 % change on previous year | -108.1% |
| 2002 | -0.7229 % change on previous year | +13.8% |
| 2003 | 9.7 % change on previous year | -1441.7% |
| 2004 | 14.85 % change on previous year | +53.1% |
| 2005 | 17.87 % change on previous year | +20.3% |
| 2006 | 15.44 % change on previous year | -13.6% |
| 2007 | 20.9 % change on previous year | +35.4% |
| 2008 | 18.72 % change on previous year | -10.4% |
| 2009 | 0.3477 % change on previous year | -98.1% |
| 2010 | 20.14 % change on previous year | +5690.3% |
| 2011 | 19.37 % change on previous year | -3.8% |
| 2012 | 7.23 % change on previous year | -62.7% |
| 2013 | 6.63 % change on previous year | -8.2% |
| 2014 | 4.14 % change on previous year | -37.5% |
| 2015 | -2.95 % change on previous year | -171.1% |
| 2016 | 1.33 % change on previous year | -145.1% |
| 2017 | 8.95 % change on previous year | +573.7% |
| 2018 | 5.85 % change on previous year | -34.6% |
| 2019 | 2.72 % change on previous year | -53.5% |
| 2020 | -4.26 % change on previous year | -256.5% |
| 2021 | 15.4 % change on previous year | -461.8% |
| 2022 | 4.67 % change on previous year | -69.7% |
| 2023 | 7.48 % change on previous year | +60.3% |
| 2024 | 4.08 % change on previous year | -45.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.37 % change on previous year | 4.2 % change on previous year | 10.2 % change on previous year | 9 |
| 1970s | 14.54 % change on previous year | 8.3 % change on previous year | 27.82 % change on previous year | 10 |
| 1980s | 5.7 % change on previous year | -2.48 % change on previous year | 16.04 % change on previous year | 10 |
| 1990s | 7.13 % change on previous year | -2.73 % change on previous year | 16.05 % change on previous year | 10 |
| 2000s | 10.43 % change on previous year | -0.7229 % change on previous year | 20.9 % change on previous year | 10 |
| 2010s | 7.34 % change on previous year | -2.95 % change on previous year | 20.14 % change on previous year | 10 |
| 2020s | 5.48 % change on previous year | -4.26 % change on previous year | 15.4 % change on previous year | 5 |
Countries ranked near Upper middle income
- 32 Burkina Faso 13.89 % change on previous year compare
- 33 Malaysia 13.79 % change on previous year compare
- 34 Republic of Moldova 13.45 % change on previous year compare
- 35 Madagascar 13.42 % change on previous year compare
- 36 Guinea-Bissau 13.32 % change on previous year compare
- 37 Croatia 13.2 % change on previous year compare
- 38 Georgia 13.19 % change on previous year compare
More economy & growth data for Upper middle income
- Manufacturing, value added (current US$), per capita 2,286 current US$ per person (2025)
- Industry (including construction), value added 3.7% (2025)
- Industry (including construction), value added 32.7% (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 701.52 constant 2015 US$ per person (2025)
- Services, value added 19.09 trillion current US$ (2025)
- Services, value added 17.72 trillion constant 2015 US$ (2025)
- Services, value added 56.9% (2025)
- Manufacturing, value added (current US$), per unit of GDP 0.2099 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 3,432 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3152 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure (current us$), annual growth rate in Upper middle income?
- Final consumption expenditure (current us$), annual growth rate in Upper middle income was 4.08 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in Upper middle income?
- The highest recorded value was 27.82 % change on previous year in 1973.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in Upper middle income?
- The lowest recorded value was -4.26 % change on previous year in 2020.
- How does Upper middle income rank for final consumption expenditure (current us$), annual growth rate?
- Upper middle income ranks 35th out of 43 groups with data for 2024.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in Upper middle income?
- Over the last ten years it is down 1.4%. The long-run trend across the full record is volatile.
- Where does this Upper 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.