Final consumption expenditure (current US$), annual growth rate in World
World: Final consumption expenditure (current US$), annual growth rate was 4.66 % change on previous year in 2024. ◆ Volatile
Final consumption expenditure (current US$), annual growth rate in World, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for final consumption expenditure (current us$), annual growth rate in World is 4.66 % change on previous year, measured in 2024.
Compared with earlier readings it is down 22.1% on the previous year and up 101.5% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in World peaked at 19.93 % change on previous year in 1973 and was at its lowest, -5.29 % change on previous year, in 2015.
That places World 28th out of 43 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), annual growth rate in World, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.19 % change on previous year | — |
| 1972 | 14.86 % change on previous year | +32.7% |
| 1973 | 19.93 % change on previous year | +34.2% |
| 1974 | 15.26 % change on previous year | -23.4% |
| 1975 | 14.68 % change on previous year | -3.8% |
| 1976 | 7.67 % change on previous year | -47.8% |
| 1977 | 12.91 % change on previous year | +68.4% |
| 1978 | 18.01 % change on previous year | +39.5% |
| 1979 | 15.37 % change on previous year | -14.6% |
| 1980 | 13.33 % change on previous year | -13.3% |
| 1981 | 2.93 % change on previous year | -78.0% |
| 1982 | 1.17 % change on previous year | -60.2% |
| 1983 | 3.15 % change on previous year | +170.6% |
| 1984 | 2.73 % change on previous year | -13.5% |
| 1985 | 4.95 % change on previous year | +81.7% |
| 1986 | 18.78 % change on previous year | +279.1% |
| 1987 | 13.45 % change on previous year | -28.4% |
| 1988 | 10.8 % change on previous year | -19.7% |
| 1989 | 3.91 % change on previous year | -63.8% |
| 1990 | 12.94 % change on previous year | +230.8% |
| 1991 | 4.7 % change on previous year | -63.7% |
| 1992 | 7.23 % change on previous year | +53.9% |
| 1993 | 2.15 % change on previous year | -70.3% |
| 1994 | 7.18 % change on previous year | +234.4% |
| 1995 | 10.58 % change on previous year | +47.3% |
| 1996 | 2.4 % change on previous year | -77.3% |
| 1997 | -0.4282 % change on previous year | -117.8% |
| 1998 | 0.0699 % change on previous year | -116.3% |
| 1999 | 4.15 % change on previous year | +5836.3% |
| 2000 | 2.99 % change on previous year | -27.8% |
| 2001 | 0.5037 % change on previous year | -83.2% |
| 2002 | 4.47 % change on previous year | +787.5% |
| 2003 | 12.05 % change on previous year | +169.6% |
| 2004 | 11.36 % change on previous year | -5.8% |
| 2005 | 7.53 % change on previous year | -33.7% |
| 2006 | 7.06 % change on previous year | -6.2% |
| 2007 | 11.66 % change on previous year | +65.2% |
| 2008 | 9.79 % change on previous year | -16.0% |
| 2009 | -2.66 % change on previous year | -127.2% |
| 2010 | 7.31 % change on previous year | -374.5% |
| 2011 | 10.23 % change on previous year | +39.9% |
| 2012 | 1.84 % change on previous year | -82.0% |
| 2013 | 2.54 % change on previous year | +37.9% |
| 2014 | 2.31 % change on previous year | -8.9% |
| 2015 | -5.29 % change on previous year | -328.8% |
| 2016 | 2.07 % change on previous year | -139.2% |
| 2017 | 5.82 % change on previous year | +180.5% |
| 2018 | 5.64 % change on previous year | -3.0% |
| 2019 | 1.74 % change on previous year | -69.2% |
| 2020 | -2.36 % change on previous year | -235.8% |
| 2021 | 12.45 % change on previous year | -627.2% |
| 2022 | 3.88 % change on previous year | -68.8% |
| 2023 | 5.98 % change on previous year | +54.1% |
| 2024 | 4.66 % change on previous year | -22.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.43 % change on previous year | 7.67 % change on previous year | 19.93 % change on previous year | 9 |
| 1980s | 7.52 % change on previous year | 1.17 % change on previous year | 18.78 % change on previous year | 10 |
| 1990s | 5.1 % change on previous year | -0.4282 % change on previous year | 12.94 % change on previous year | 10 |
| 2000s | 6.48 % change on previous year | -2.66 % change on previous year | 12.05 % change on previous year | 10 |
| 2010s | 3.42 % change on previous year | -5.29 % change on previous year | 10.23 % change on previous year | 10 |
| 2020s | 4.92 % change on previous year | -2.36 % change on previous year | 12.45 % change on previous year | 5 |
Countries ranked near World
- 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
- 30 Togo 14.16 % change on previous year compare
- 31 Montenegro 14.06 % change on previous year compare
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.02 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4958 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,800 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7313 current US$ per US$ of GDP (2024)
- Final consumption expenditure (current US$), per capita 10,031 current US$ per person (2024)
- Final consumption expenditure (constant 2015 US$), annual growth rate 2.91 % change on previous year (2024)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6351 constant 2015 US$ per US$ of GDP (2024)
- Final consumption expenditure (constant 2015 US$), per capita 8,712 constant 2015 US$ per person (2024)
Frequently asked questions
- What is final consumption expenditure (current us$), annual growth rate in World?
- Final consumption expenditure (current us$), annual growth rate in World was 4.66 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in World?
- The highest recorded value was 19.93 % change on previous year in 1973.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in World?
- The lowest recorded value was -5.29 % change on previous year in 2015.
- How does World rank for final consumption expenditure (current us$), annual growth rate?
- World ranks 28th out of 43 groups with data for 2024.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in World?
- Over the last ten years it is up 101.5%. The long-run trend across the full record is volatile.
- Where does this World data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current US$). 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.