Final consumption expenditure in China
China: Final consumption expenditure was 10.62 trillion current US$ in 2024. ◆ Volatile
Final consumption expenditure in China, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, final consumption expenditure in China stood at 10.62 trillion current US$. That is the highest value across all 65 years on record.
That represents a change of up 2.4% on the previous year and up 88.1% over ten years.
Over the whole period, final consumption expenditure in China peaked at 10.62 trillion current US$ in 2024 and was at its lowest, 37.69 billion current US$, in 1960.
China ranks 2nd of 186 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 46.04 billion current US$ | 37.69 billion current US$ | 55.30 billion current US$ | 10 |
| 1970s | 89.39 billion current US$ | 59.32 billion current US$ | 112.43 billion current US$ | 10 |
| 1980s | 170.70 billion current US$ | 123.99 billion current US$ | 224.17 billion current US$ | 10 |
| 1990s | 417.75 billion current US$ | 230.38 billion current US$ | 692.60 billion current US$ | 10 |
| 2000s | 1.42 trillion current US$ | 779.96 billion current US$ | 2.62 trillion current US$ | 10 |
| 2010s | 5.77 trillion current US$ | 3.06 trillion current US$ | 8.23 trillion current US$ | 10 |
| 2020s | 9.86 trillion current US$ | 8.36 trillion current US$ | 10.62 trillion current US$ | 5 |
Countries ranked near China
- 1 United States 23.89 trillion current US$ compare
- 3 Germany 3.82 trillion current US$ compare
- 4 United Kingdom 3.27 trillion current US$ compare
- 5 Japan 3.07 trillion current US$ compare
More economy & growth data for China
- External balance on goods and services as a percent of GDP 4.2% (2025)
- Inflation of consumer prices 0.1% (2025)
- GDP per capita 13,793 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 24.7% (2025)
- Gross domestic product (GDP) 19.40 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 13,793 constant 2015 US$ (2025)
- DEC alternative conversion factor 7.19 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 157.71 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 21.94 billion current US$ (2025)
- Net primary income (Net income from abroad) -817.92 billion current LCU (2025)
Frequently asked questions
- What is final consumption expenditure in China?
- Final consumption expenditure in China was 10.62 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in China?
- The highest recorded value was 10.62 trillion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in China?
- The lowest recorded value was 37.69 billion current US$ in 1960.
- How does China rank for final consumption expenditure?
- China ranks 2nd out of 186 countries with data for 2024.
- Is final consumption expenditure rising or falling in China?
- Over the last ten years it is up 88.1%. The long-run trend across the full record is volatile.
- Where does this China data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.