Final consumption expenditure (current US$) in East Asia & Pacific
East Asia & Pacific: Final consumption expenditure (current US$) was 19.98 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
19.98 trillion current US$
Change on year
up 1.4%
Rank
12th
of 43 groups
All-time high
19.98 trillion current US$
in 2024
All-time low
139.46 billion current US$
in 1960
Years of data
65
1960–2024
Final consumption expenditure in East Asia & Pacific, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
East Asia & Pacific recorded 19.98 trillion current US$ for final consumption expenditure in 2024. That is the highest value across all 65 years on record.
The figure is up 1.4% on the previous year and up 41.8% over ten years.
Over the whole period, final consumption expenditure in East Asia & Pacific peaked at 19.98 trillion current US$ in 2024 and was at its lowest, 139.46 billion current US$, in 1960.
East Asia & Pacific ranks 12th of 43 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$) in East Asia & Pacific, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 139.46 billion current US$ | — |
| 1961 | 145.45 billion current US$ | +4.3% |
| 1962 | 148.48 billion current US$ | +2.1% |
| 1963 | 157.20 billion current US$ | +5.9% |
| 1964 | 166.52 billion current US$ | +5.9% |
| 1965 | 178.79 billion current US$ | +7.4% |
| 1966 | 194.53 billion current US$ | +8.8% |
| 1967 | 205.68 billion current US$ | +5.7% |
| 1968 | 216.67 billion current US$ | +5.3% |
| 1969 | 235.73 billion current US$ | +8.8% |
| 1970 | 257.81 billion current US$ | +9.4% |
| 1971 | 289.88 billion current US$ | +12.4% |
| 1972 | 362.02 billion current US$ | +24.9% |
| 1973 | 472.58 billion current US$ | +30.5% |
| 1974 | 554.08 billion current US$ | +17.2% |
| 1975 | 632.21 billion current US$ | +14.1% |
| 1976 | 698.76 billion current US$ | +10.5% |
| 1977 | 827.83 billion current US$ | +18.5% |
| 1978 | 1.04 trillion current US$ | +25.8% |
| 1979 | 1.14 trillion current US$ | +9.1% |
| 1980 | 1.24 trillion current US$ | +8.8% |
| 1981 | 1.37 trillion current US$ | +10.9% |
| 1982 | 1.36 trillion current US$ | -0.4% |
| 1983 | 1.45 trillion current US$ | +6.3% |
| 1984 | 1.53 trillion current US$ | +5.4% |
| 1985 | 1.60 trillion current US$ | +4.8% |
| 1986 | 2.07 trillion current US$ | +29.1% |
| 1987 | 2.40 trillion current US$ | +16.1% |
| 1988 | 2.85 trillion current US$ | +18.7% |
| 1989 | 2.99 trillion current US$ | +4.9% |
| 1990 | 3.12 trillion current US$ | +4.6% |
| 1991 | 3.51 trillion current US$ | +12.4% |
| 1992 | 3.88 trillion current US$ | +10.6% |
| 1993 | 4.39 trillion current US$ | +13.1% |
| 1994 | 4.97 trillion current US$ | +13.2% |
| 1995 | 5.66 trillion current US$ | +13.9% |
| 1996 | 5.45 trillion current US$ | -3.6% |
| 1997 | 5.21 trillion current US$ | -4.4% |
| 1998 | 4.70 trillion current US$ | -9.9% |
| 1999 | 5.37 trillion current US$ | +14.4% |
| 2000 | 5.80 trillion current US$ | +8.0% |
| 2001 | 5.46 trillion current US$ | -5.9% |
| 2002 | 5.57 trillion current US$ | +2.1% |
| 2003 | 6.06 trillion current US$ | +8.7% |
| 2004 | 6.68 trillion current US$ | +10.3% |
| 2005 | 7.08 trillion current US$ | +5.9% |
| 2006 | 7.38 trillion current US$ | +4.3% |
| 2007 | 8.07 trillion current US$ | +9.4% |
| 2008 | 9.26 trillion current US$ | +14.7% |
| 2009 | 9.63 trillion current US$ | +4.1% |
| 2010 | 11.00 trillion current US$ | +14.2% |
| 2011 | 12.78 trillion current US$ | +16.2% |
| 2012 | 13.72 trillion current US$ | +7.4% |
| 2013 | 13.73 trillion current US$ | +0.0% |
| 2014 | 14.08 trillion current US$ | +2.6% |
| 2015 | 13.99 trillion current US$ | -0.7% |
| 2016 | 14.64 trillion current US$ | +4.6% |
| 2017 | 15.49 trillion current US$ | +5.8% |
| 2018 | 16.87 trillion current US$ | +8.9% |
| 2019 | 17.39 trillion current US$ | +3.1% |
| 2020 | 17.37 trillion current US$ | -0.1% |
| 2021 | 19.47 trillion current US$ | +12.1% |
| 2022 | 19.13 trillion current US$ | -1.8% |
| 2023 | 19.69 trillion current US$ | +2.9% |
| 2024 | 19.98 trillion current US$ | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 178.85 billion current US$ | 139.46 billion current US$ | 235.73 billion current US$ | 10 |
| 1970s | 627.19 billion current US$ | 257.81 billion current US$ | 1.14 trillion current US$ | 10 |
| 1980s | 1.88 trillion current US$ | 1.24 trillion current US$ | 2.99 trillion current US$ | 10 |
| 1990s | 4.63 trillion current US$ | 3.12 trillion current US$ | 5.66 trillion current US$ | 10 |
| 2000s | 7.10 trillion current US$ | 5.46 trillion current US$ | 9.63 trillion current US$ | 10 |
| 2010s | 14.37 trillion current US$ | 11.00 trillion current US$ | 17.39 trillion current US$ | 10 |
| 2020s | 19.13 trillion current US$ | 17.37 trillion current US$ | 19.98 trillion current US$ | 5 |
Countries ranked near East Asia & Pacific
- 9 Brazil 1.88 trillion current US$ compare
- 10 Russia 1.80 trillion current US$ compare
- 11 Canada 1.80 trillion current US$ compare
- 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
More economy & growth data for East Asia & Pacific
- Imports of goods and services (current US$), per unit of GDP 0.2845 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 4,601 current US$ per person (2024)
- Gross capital formation (current US$), annual growth rate 0.7658 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.3478 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 4,689 current US$ per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 2.01 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3301 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 4,646 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 5.97 % change on previous year (2025)
- GDP per capita 13,812 constant 2015 US$ (2025)
Frequently asked questions
- What is final consumption expenditure in East Asia & Pacific?
- Final consumption expenditure in East Asia & Pacific was 19.98 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?
- The highest recorded value was 19.98 trillion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in East Asia & Pacific?
- The lowest recorded value was 139.46 billion current US$ in 1960.
- How does East Asia & Pacific rank for final consumption expenditure?
- East Asia & Pacific ranks 12th out of 43 groups with data for 2024.
- Is final consumption expenditure rising or falling in East Asia & Pacific?
- Over the last ten years it is up 41.8%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific 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.