Final consumption expenditure in IDA & IBRD total
IDA & IBRD total: Final consumption expenditure was 29.74 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
29.74 trillion current US$
Change on year
up 5.2%
Rank
5th
of 43 groups
All-time high
29.74 trillion current US$
in 2024
All-time low
265.61 billion current US$
in 1960
Years of data
65
1960–2024
Final consumption expenditure in IDA & IBRD total, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, final consumption expenditure in IDA & IBRD total stood at 29.74 trillion current US$. That is the highest value across all 65 years on record.
The figure is up 5.2% on the previous year and up 48.8% over ten years.
Over the whole period, final consumption expenditure in IDA & IBRD total peaked at 29.74 trillion current US$ in 2024 and was at its lowest, 265.61 billion current US$, in 1960.
That places IDA & IBRD total 5th out of 43 groups with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in IDA & IBRD total, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 265.61 billion current US$ | — |
| 1961 | 281.75 billion current US$ | +6.1% |
| 1962 | 299.89 billion current US$ | +6.4% |
| 1963 | 324.23 billion current US$ | +8.1% |
| 1964 | 356.52 billion current US$ | +10.0% |
| 1965 | 380.43 billion current US$ | +6.7% |
| 1966 | 390.69 billion current US$ | +2.7% |
| 1967 | 413.01 billion current US$ | +5.7% |
| 1968 | 434.52 billion current US$ | +5.2% |
| 1969 | 475.41 billion current US$ | +9.4% |
| 1970 | 514.76 billion current US$ | +8.3% |
| 1971 | 565.94 billion current US$ | +9.9% |
| 1972 | 626.35 billion current US$ | +10.7% |
| 1973 | 777.54 billion current US$ | +24.1% |
| 1974 | 968.71 billion current US$ | +24.6% |
| 1975 | 1.07 trillion current US$ | +10.3% |
| 1976 | 1.14 trillion current US$ | +6.6% |
| 1977 | 1.28 trillion current US$ | +12.6% |
| 1978 | 1.45 trillion current US$ | +13.1% |
| 1979 | 1.67 trillion current US$ | +15.2% |
| 1980 | 1.97 trillion current US$ | +18.2% |
| 1981 | 2.18 trillion current US$ | +10.6% |
| 1982 | 2.18 trillion current US$ | -0.1% |
| 1983 | 2.16 trillion current US$ | -0.9% |
| 1984 | 2.22 trillion current US$ | +2.8% |
| 1985 | 2.27 trillion current US$ | +2.2% |
| 1986 | 2.43 trillion current US$ | +7.1% |
| 1987 | 2.46 trillion current US$ | +1.0% |
| 1988 | 2.63 trillion current US$ | +7.2% |
| 1989 | 2.69 trillion current US$ | +2.0% |
| 1990 | 3.05 trillion current US$ | +13.5% |
| 1991 | 2.97 trillion current US$ | -2.6% |
| 1992 | 3.01 trillion current US$ | +1.3% |
| 1993 | 3.28 trillion current US$ | +8.9% |
| 1994 | 3.58 trillion current US$ | +9.3% |
| 1995 | 4.08 trillion current US$ | +13.8% |
| 1996 | 4.46 trillion current US$ | +9.4% |
| 1997 | 4.74 trillion current US$ | +6.3% |
| 1998 | 4.59 trillion current US$ | -3.1% |
| 1999 | 4.46 trillion current US$ | -3.0% |
| 2000 | 4.79 trillion current US$ | +7.5% |
| 2001 | 4.83 trillion current US$ | +0.9% |
| 2002 | 4.88 trillion current US$ | +1.0% |
| 2003 | 5.42 trillion current US$ | +11.0% |
| 2004 | 6.26 trillion current US$ | +15.6% |
| 2005 | 7.38 trillion current US$ | +17.9% |
| 2006 | 8.55 trillion current US$ | +15.8% |
| 2007 | 10.45 trillion current US$ | +22.3% |
| 2008 | 12.39 trillion current US$ | +18.5% |
| 2009 | 12.25 trillion current US$ | -1.1% |
| 2010 | 14.49 trillion current US$ | +18.3% |
| 2011 | 17.17 trillion current US$ | +18.5% |
| 2012 | 18.30 trillion current US$ | +6.6% |
| 2013 | 19.39 trillion current US$ | +5.9% |
| 2014 | 19.99 trillion current US$ | +3.1% |
| 2015 | 18.96 trillion current US$ | -5.2% |
| 2016 | 19.26 trillion current US$ | +1.6% |
| 2017 | 21.11 trillion current US$ | +9.6% |
| 2018 | 22.23 trillion current US$ | +5.3% |
| 2019 | 22.91 trillion current US$ | +3.0% |
| 2020 | 21.97 trillion current US$ | -4.1% |
| 2021 | 25.32 trillion current US$ | +15.3% |
| 2022 | 26.67 trillion current US$ | +5.3% |
| 2023 | 28.26 trillion current US$ | +6.0% |
| 2024 | 29.74 trillion current US$ | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 362.21 billion current US$ | 265.61 billion current US$ | 475.41 billion current US$ | 10 |
| 1970s | 1.01 trillion current US$ | 514.76 billion current US$ | 1.67 trillion current US$ | 10 |
| 1980s | 2.32 trillion current US$ | 1.97 trillion current US$ | 2.69 trillion current US$ | 10 |
| 1990s | 3.82 trillion current US$ | 2.97 trillion current US$ | 4.74 trillion current US$ | 10 |
| 2000s | 7.72 trillion current US$ | 4.79 trillion current US$ | 12.39 trillion current US$ | 10 |
| 2010s | 19.38 trillion current US$ | 14.49 trillion current US$ | 22.91 trillion current US$ | 10 |
| 2020s | 26.39 trillion current US$ | 21.97 trillion current US$ | 29.74 trillion current US$ | 5 |
Countries ranked near IDA & IBRD total
- 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
- 6 India 2.67 trillion current US$ compare
- 7 France 2.64 trillion current US$ compare
- 8 Italy 1.93 trillion current US$ compare
More economy & growth data for IDA & IBRD total
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0064 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 42.58 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 297.79 billion BoP, current US$ (2025)
- Imports of goods and services (constant 2015 US$), per capita 1,216 constant 2015 US$ per person (2021)
- Gross capital formation (constant 2015 US$), annual growth rate 2.53 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2864 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 1,894 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 5.65 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2482 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 1,641 current US$ per person (2025)
Frequently asked questions
- What is final consumption expenditure in IDA & IBRD total?
- Final consumption expenditure in IDA & IBRD total was 29.74 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in IDA & IBRD total?
- The highest recorded value was 29.74 trillion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in IDA & IBRD total?
- The lowest recorded value was 265.61 billion current US$ in 1960.
- How does IDA & IBRD total rank for final consumption expenditure?
- IDA & IBRD total ranks 5th out of 43 groups with data for 2024.
- Is final consumption expenditure rising or falling in IDA & IBRD total?
- Over the last ten years it is up 48.8%. The long-run trend across the full record is volatile.
- Where does this IDA & IBRD total 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.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.