Final consumption expenditure (current US$) in High income
High income: Final consumption expenditure (current US$) was 54.90 trillion current US$ in 2024. ◆ Volatile
Final consumption expenditure in High income, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for final consumption expenditure in High income is 54.90 trillion current US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 4.6% on the previous year and up 33.6% over ten years.
Over the whole period, final consumption expenditure in High income peaked at 54.90 trillion current US$ in 2024 and was at its lowest, 1.84 trillion current US$, in 1970.
High income ranks 2nd of 43 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$) in High income, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 1.84 trillion current US$ | — |
| 1971 | 2.05 trillion current US$ | +11.5% |
| 1972 | 2.37 trillion current US$ | +15.6% |
| 1973 | 2.83 trillion current US$ | +19.3% |
| 1974 | 3.20 trillion current US$ | +13.2% |
| 1975 | 3.69 trillion current US$ | +15.3% |
| 1976 | 3.98 trillion current US$ | +7.9% |
| 1977 | 4.50 trillion current US$ | +13.1% |
| 1978 | 5.36 trillion current US$ | +19.0% |
| 1979 | 6.19 trillion current US$ | +15.5% |
| 1980 | 6.97 trillion current US$ | +12.5% |
| 1981 | 7.06 trillion current US$ | +1.4% |
| 1982 | 7.15 trillion current US$ | +1.2% |
| 1983 | 7.43 trillion current US$ | +4.0% |
| 1984 | 7.63 trillion current US$ | +2.7% |
| 1985 | 8.06 trillion current US$ | +5.5% |
| 1986 | 9.76 trillion current US$ | +21.2% |
| 1987 | 11.30 trillion current US$ | +15.8% |
| 1988 | 12.58 trillion current US$ | +11.3% |
| 1989 | 13.04 trillion current US$ | +3.6% |
| 1990 | 14.70 trillion current US$ | +12.7% |
| 1991 | 15.53 trillion current US$ | +5.7% |
| 1992 | 16.70 trillion current US$ | +7.6% |
| 1993 | 16.93 trillion current US$ | +1.3% |
| 1994 | 18.05 trillion current US$ | +6.6% |
| 1995 | 19.84 trillion current US$ | +9.9% |
| 1996 | 20.06 trillion current US$ | +1.1% |
| 1997 | 19.72 trillion current US$ | -1.7% |
| 1998 | 19.80 trillion current US$ | +0.4% |
| 1999 | 20.82 trillion current US$ | +5.2% |
| 2000 | 21.27 trillion current US$ | +2.1% |
| 2001 | 21.42 trillion current US$ | +0.7% |
| 2002 | 22.56 trillion current US$ | +5.4% |
| 2003 | 25.36 trillion current US$ | +12.4% |
| 2004 | 28.12 trillion current US$ | +10.9% |
| 2005 | 29.75 trillion current US$ | +5.8% |
| 2006 | 31.37 trillion current US$ | +5.5% |
| 2007 | 34.36 trillion current US$ | +9.5% |
| 2008 | 37.11 trillion current US$ | +8.0% |
| 2009 | 35.68 trillion current US$ | -3.9% |
| 2010 | 37.10 trillion current US$ | +4.0% |
| 2011 | 39.97 trillion current US$ | +7.7% |
| 2012 | 40.00 trillion current US$ | +0.1% |
| 2013 | 40.51 trillion current US$ | +1.3% |
| 2014 | 41.08 trillion current US$ | +1.4% |
| 2015 | 38.39 trillion current US$ | -6.6% |
| 2016 | 39.20 trillion current US$ | +2.1% |
| 2017 | 40.97 trillion current US$ | +4.5% |
| 2018 | 43.35 trillion current US$ | +5.8% |
| 2019 | 43.83 trillion current US$ | +1.1% |
| 2020 | 43.08 trillion current US$ | -1.7% |
| 2021 | 47.91 trillion current US$ | +11.2% |
| 2022 | 49.58 trillion current US$ | +3.5% |
| 2023 | 52.50 trillion current US$ | +5.9% |
| 2024 | 54.90 trillion current US$ | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.60 trillion current US$ | 1.84 trillion current US$ | 6.19 trillion current US$ | 10 |
| 1980s | 9.10 trillion current US$ | 6.97 trillion current US$ | 13.04 trillion current US$ | 10 |
| 1990s | 18.21 trillion current US$ | 14.70 trillion current US$ | 20.82 trillion current US$ | 10 |
| 2000s | 28.70 trillion current US$ | 21.27 trillion current US$ | 37.11 trillion current US$ | 10 |
| 2010s | 40.44 trillion current US$ | 37.10 trillion current US$ | 43.83 trillion current US$ | 10 |
| 2020s | 49.60 trillion current US$ | 43.08 trillion current US$ | 54.90 trillion current US$ | 5 |
Countries ranked near High income
- 1 United States 23.89 trillion current US$ compare
- 2 China 10.62 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 High income
- GDP (current US$), per capita 53,997 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9305 current US$ per US$ of GDP (2021)
- Gross value added at basic prices (GVA) (current US$), per capita 42,382 current US$ per person (2021)
- GDP (current US$), annual growth rate 6.5 % change on previous year (2025)
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2024)
- Final consumption expenditure (constant 2015 US$), per capita 32,376 constant 2015 US$ per person (2024)
- GDP (constant 2015 US$), per capita 42,653 constant 2015 US$ per person (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7899 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9871 current US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 1.91 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure in High income?
- Final consumption expenditure in High income was 54.90 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in High income?
- The highest recorded value was 54.90 trillion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in High income?
- The lowest recorded value was 1.84 trillion current US$ in 1970.
- How does High income rank for final consumption expenditure?
- High income ranks 2nd out of 43 groups with data for 2024.
- Is final consumption expenditure rising or falling in High income?
- Over the last ten years it is up 33.6%. The long-run trend across the full record is volatile.
- Where does this High income 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.