Final consumption expenditure in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Final consumption expenditure was 13.08 trillion current US$ in 2024. ◆ Volatile
Final consumption expenditure in East Asia & Pacific (IDA & IBRD countries), 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
East Asia & Pacific (IDA & IBRD countries) recorded 13.08 trillion current US$ for final consumption expenditure in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 2.9% on the previous year and up 80.7% over ten years.
Over the whole period, final consumption expenditure in East Asia & Pacific (IDA & IBRD countries) peaked at 13.08 trillion current US$ in 2024 and was at its lowest, 53.42 billion current US$, in 1960.
East Asia & Pacific (IDA & IBRD countries) ranks 15th of 41 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 53.42 billion current US$ | — |
| 1961 | 57.28 billion current US$ | +7.2% |
| 1962 | 57.44 billion current US$ | +0.3% |
| 1963 | 59.61 billion current US$ | +3.8% |
| 1964 | 63.39 billion current US$ | +6.4% |
| 1965 | 68.25 billion current US$ | +7.7% |
| 1966 | 73.98 billion current US$ | +8.4% |
| 1967 | 76.28 billion current US$ | +3.1% |
| 1968 | 77.98 billion current US$ | +2.2% |
| 1969 | 83.88 billion current US$ | +7.6% |
| 1970 | 90.07 billion current US$ | +7.4% |
| 1971 | 95.09 billion current US$ | +5.6% |
| 1972 | 109.88 billion current US$ | +15.6% |
| 1973 | 136.04 billion current US$ | +23.8% |
| 1974 | 152.80 billion current US$ | +12.3% |
| 1975 | 170.84 billion current US$ | +11.8% |
| 1976 | 179.09 billion current US$ | +4.8% |
| 1977 | 201.14 billion current US$ | +12.3% |
| 1978 | 190.09 billion current US$ | -5.5% |
| 1979 | 217.68 billion current US$ | +14.5% |
| 1980 | 256.67 billion current US$ | +17.9% |
| 1981 | 284.92 billion current US$ | +11.0% |
| 1982 | 303.55 billion current US$ | +6.5% |
| 1983 | 308.59 billion current US$ | +1.7% |
| 1984 | 330.27 billion current US$ | +7.0% |
| 1985 | 360.66 billion current US$ | +9.2% |
| 1986 | 352.24 billion current US$ | -2.3% |
| 1987 | 329.37 billion current US$ | -6.5% |
| 1988 | 371.31 billion current US$ | +12.7% |
| 1989 | 419.70 billion current US$ | +13.0% |
| 1990 | 453.31 billion current US$ | +8.0% |
| 1991 | 483.36 billion current US$ | +6.6% |
| 1992 | 531.01 billion current US$ | +9.9% |
| 1993 | 565.00 billion current US$ | +6.4% |
| 1994 | 675.92 billion current US$ | +19.6% |
| 1995 | 839.19 billion current US$ | +24.2% |
| 1996 | 971.24 billion current US$ | +15.7% |
| 1997 | 997.77 billion current US$ | +2.7% |
| 1998 | 909.91 billion current US$ | -8.8% |
| 1999 | 1.04 trillion current US$ | +14.5% |
| 2000 | 1.14 trillion current US$ | +9.2% |
| 2001 | 1.20 trillion current US$ | +5.4% |
| 2002 | 1.32 trillion current US$ | +10.4% |
| 2003 | 1.45 trillion current US$ | +9.6% |
| 2004 | 1.62 trillion current US$ | +11.7% |
| 2005 | 1.85 trillion current US$ | +14.0% |
| 2006 | 2.17 trillion current US$ | +17.3% |
| 2007 | 2.67 trillion current US$ | +23.4% |
| 2008 | 3.30 trillion current US$ | +23.4% |
| 2009 | 3.59 trillion current US$ | +8.7% |
| 2010 | 4.27 trillion current US$ | +19.0% |
| 2011 | 5.28 trillion current US$ | +23.9% |
| 2012 | 5.98 trillion current US$ | +13.2% |
| 2013 | 6.65 trillion current US$ | +11.1% |
| 2014 | 7.24 trillion current US$ | +8.8% |
| 2015 | 7.71 trillion current US$ | +6.5% |
| 2016 | 8.02 trillion current US$ | +4.1% |
| 2017 | 8.72 trillion current US$ | +8.7% |
| 2018 | 9.78 trillion current US$ | +12.2% |
| 2019 | 10.27 trillion current US$ | +5.0% |
| 2020 | 10.38 trillion current US$ | +1.1% |
| 2021 | 12.09 trillion current US$ | +16.5% |
| 2022 | 12.19 trillion current US$ | +0.8% |
| 2023 | 12.71 trillion current US$ | +4.3% |
| 2024 | 13.08 trillion current US$ | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 67.15 billion current US$ | 53.42 billion current US$ | 83.88 billion current US$ | 10 |
| 1970s | 154.27 billion current US$ | 90.07 billion current US$ | 217.68 billion current US$ | 10 |
| 1980s | 331.73 billion current US$ | 256.67 billion current US$ | 419.70 billion current US$ | 10 |
| 1990s | 746.87 billion current US$ | 453.31 billion current US$ | 1.04 trillion current US$ | 10 |
| 2000s | 2.03 trillion current US$ | 1.14 trillion current US$ | 3.59 trillion current US$ | 10 |
| 2010s | 7.39 trillion current US$ | 4.27 trillion current US$ | 10.27 trillion current US$ | 10 |
| 2020s | 12.09 trillion current US$ | 10.38 trillion current US$ | 13.08 trillion current US$ | 5 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
- 12 Mexico 1.50 trillion current US$ compare
- 13 Spain 1.43 trillion current US$ compare
- 14 Australia 1.35 trillion current US$ compare
- 15 South Korea 1.23 trillion current US$ compare
- 16 Turkey 1.10 trillion current US$ compare
- 17 Netherlands 919.09 billion current US$ compare
- 18 Indonesia 907.32 billion current US$ compare
More economy & growth data for East Asia & Pacific (IDA & IBRD countries)
- Industry (including construction), value added 8.43 trillion constant 2015 US$ (2025)
- Trade 46.9% (2025)
- Agriculture, forestry, and fishing, value added 1.71 trillion constant 2015 US$ (2025)
- Trade in services 6.2% (2025)
- Manufacturing, value added 5.58 trillion current US$ (2025)
- Manufacturing, value added 24.0% (2025)
- Industry (including construction), value added 8.26 trillion current US$ (2025)
- Services, value added 5.4% (2025)
- Services, value added 12.48 trillion constant 2015 US$ (2025)
- Services, value added 13.12 trillion current US$ (2025)
Frequently asked questions
- What is final consumption expenditure in East Asia & Pacific (IDA & IBRD countries)?
- Final consumption expenditure in East Asia & Pacific (IDA & IBRD countries) was 13.08 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 13.08 trillion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 53.42 billion current US$ in 1960.
- How does East Asia & Pacific (IDA & IBRD countries) rank for final consumption expenditure?
- East Asia & Pacific (IDA & IBRD countries) ranks 15th out of 41 groups with data for 2024.
- Is final consumption expenditure rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is up 80.7%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific (IDA & IBRD countries) 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.