Final consumption expenditure in IBRD only
IBRD only: Final consumption expenditure was 26.98 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
26.98 trillion current US$
Change on year
up 5.0%
Rank
6th
of 43 groups
All-time high
26.98 trillion current US$
in 2024
All-time low
233.27 billion current US$
in 1960
Years of data
65
1960–2024
Final consumption expenditure in IBRD only, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
IBRD only recorded 26.98 trillion current US$ for final consumption expenditure in 2024. That is the highest value across all 65 years on record.
The figure is up 5.0% on the previous year and up 48.0% over ten years.
Over the whole period, final consumption expenditure in IBRD only peaked at 26.98 trillion current US$ in 2024 and was at its lowest, 233.27 billion current US$, in 1960.
That places IBRD only 6th out of 43 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in IBRD only, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 233.27 billion current US$ | — |
| 1961 | 246.86 billion current US$ | +5.8% |
| 1962 | 263.67 billion current US$ | +6.8% |
| 1963 | 285.38 billion current US$ | +8.2% |
| 1964 | 314.95 billion current US$ | +10.4% |
| 1965 | 334.05 billion current US$ | +6.1% |
| 1966 | 341.08 billion current US$ | +2.1% |
| 1967 | 359.54 billion current US$ | +5.4% |
| 1968 | 379.30 billion current US$ | +5.5% |
| 1969 | 414.92 billion current US$ | +9.4% |
| 1970 | 449.50 billion current US$ | +8.3% |
| 1971 | 495.42 billion current US$ | +10.2% |
| 1972 | 556.00 billion current US$ | +12.2% |
| 1973 | 699.53 billion current US$ | +25.8% |
| 1974 | 867.77 billion current US$ | +24.0% |
| 1975 | 941.01 billion current US$ | +8.4% |
| 1976 | 1.02 trillion current US$ | +8.1% |
| 1977 | 1.15 trillion current US$ | +13.0% |
| 1978 | 1.29 trillion current US$ | +12.4% |
| 1979 | 1.49 trillion current US$ | +15.0% |
| 1980 | 1.76 trillion current US$ | +18.2% |
| 1981 | 1.95 trillion current US$ | +11.1% |
| 1982 | 1.95 trillion current US$ | +0.1% |
| 1983 | 1.94 trillion current US$ | -0.7% |
| 1984 | 1.99 trillion current US$ | +2.6% |
| 1985 | 2.04 trillion current US$ | +2.3% |
| 1986 | 2.18 trillion current US$ | +7.2% |
| 1987 | 2.19 trillion current US$ | +0.4% |
| 1988 | 2.35 trillion current US$ | +7.1% |
| 1989 | 2.39 trillion current US$ | +1.9% |
| 1990 | 2.72 trillion current US$ | +13.6% |
| 1991 | 2.62 trillion current US$ | -3.5% |
| 1992 | 2.69 trillion current US$ | +2.5% |
| 1993 | 2.93 trillion current US$ | +9.1% |
| 1994 | 3.25 trillion current US$ | +10.6% |
| 1995 | 3.71 trillion current US$ | +14.4% |
| 1996 | 4.06 trillion current US$ | +9.4% |
| 1997 | 4.33 trillion current US$ | +6.5% |
| 1998 | 4.18 trillion current US$ | -3.5% |
| 1999 | 4.04 trillion current US$ | -3.4% |
| 2000 | 4.32 trillion current US$ | +7.0% |
| 2001 | 4.37 trillion current US$ | +1.1% |
| 2002 | 4.40 trillion current US$ | +0.7% |
| 2003 | 4.88 trillion current US$ | +10.9% |
| 2004 | 5.65 trillion current US$ | +15.8% |
| 2005 | 6.68 trillion current US$ | +18.2% |
| 2006 | 7.75 trillion current US$ | +15.9% |
| 2007 | 9.50 trillion current US$ | +22.6% |
| 2008 | 11.26 trillion current US$ | +18.5% |
| 2009 | 11.11 trillion current US$ | -1.3% |
| 2010 | 13.22 trillion current US$ | +18.9% |
| 2011 | 15.70 trillion current US$ | +18.8% |
| 2012 | 16.75 trillion current US$ | +6.6% |
| 2013 | 17.72 trillion current US$ | +5.8% |
| 2014 | 18.23 trillion current US$ | +2.9% |
| 2015 | 17.21 trillion current US$ | -5.6% |
| 2016 | 17.46 trillion current US$ | +1.5% |
| 2017 | 19.18 trillion current US$ | +9.8% |
| 2018 | 20.20 trillion current US$ | +5.3% |
| 2019 | 20.82 trillion current US$ | +3.1% |
| 2020 | 19.92 trillion current US$ | -4.3% |
| 2021 | 23.01 trillion current US$ | +15.5% |
| 2022 | 24.15 trillion current US$ | +5.0% |
| 2023 | 25.70 trillion current US$ | +6.4% |
| 2024 | 26.98 trillion current US$ | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 317.30 billion current US$ | 233.27 billion current US$ | 414.92 billion current US$ | 10 |
| 1970s | 895.43 billion current US$ | 449.50 billion current US$ | 1.49 trillion current US$ | 10 |
| 1980s | 2.07 trillion current US$ | 1.76 trillion current US$ | 2.39 trillion current US$ | 10 |
| 1990s | 3.45 trillion current US$ | 2.62 trillion current US$ | 4.33 trillion current US$ | 10 |
| 2000s | 6.99 trillion current US$ | 4.32 trillion current US$ | 11.26 trillion current US$ | 10 |
| 2010s | 17.65 trillion current US$ | 13.22 trillion current US$ | 20.82 trillion current US$ | 10 |
| 2020s | 23.95 trillion current US$ | 19.92 trillion current US$ | 26.98 trillion current US$ | 5 |
Countries ranked near IBRD only
- 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
- 6 India 2.67 trillion current US$ compare
- 7 France 2.64 trillion current US$ compare
- 8 Italy 1.93 trillion current US$ compare
- 9 Brazil 1.88 trillion current US$ compare
More economy & growth data for IBRD only
- Services, value added (constant 2015 US$), per capita 4,545 constant 2015 US$ per person (2025)
- Services, value added (current US$), annual growth rate 7.28 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5856 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 5,036 current US$ per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.75 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5285 constant 2015 US$ per US$ of GDP (2025)
- GDP (current US$), per capita 8,599 current US$ per person (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9067 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), annual growth rate 4.31 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 2,610 constant 2015 US$ per person (2025)
Frequently asked questions
- What is final consumption expenditure in IBRD only?
- Final consumption expenditure in IBRD only was 26.98 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in IBRD only?
- The highest recorded value was 26.98 trillion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in IBRD only?
- The lowest recorded value was 233.27 billion current US$ in 1960.
- How does IBRD only rank for final consumption expenditure?
- IBRD only ranks 6th out of 43 groups with data for 2024.
- Is final consumption expenditure rising or falling in IBRD only?
- Over the last ten years it is up 48.0%. The long-run trend across the full record is volatile.
- Where does this IBRD only 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.