Final consumption expenditure in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Final consumption expenditure was 5.42 trillion current US$ in 2025. ◆ Volatile
Final consumption expenditure in Latin America & Caribbean (excluding high income), 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, final consumption expenditure in Latin America & Caribbean (excluding high income) stood at 5.42 trillion current US$. That is the highest value across all 66 years on record.
That represents a change of up 4.1% on the previous year and up 39.8% over ten years.
Over the whole period, final consumption expenditure in Latin America & Caribbean (excluding high income) peaked at 5.42 trillion current US$ in 2025 and was at its lowest, 54.23 billion current US$, in 1960.
That places Latin America & Caribbean (excluding high income) 22nd out of 43 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Latin America & Caribbean (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 54.23 billion current US$ | — |
| 1961 | 57.38 billion current US$ | +5.8% |
| 1962 | 65.01 billion current US$ | +13.3% |
| 1963 | 70.73 billion current US$ | +8.8% |
| 1964 | 77.60 billion current US$ | +9.7% |
| 1965 | 81.78 billion current US$ | +5.4% |
| 1966 | 90.97 billion current US$ | +11.2% |
| 1967 | 94.21 billion current US$ | +3.6% |
| 1968 | 102.62 billion current US$ | +8.9% |
| 1969 | 112.09 billion current US$ | +9.2% |
| 1970 | 122.09 billion current US$ | +8.9% |
| 1971 | 137.74 billion current US$ | +12.8% |
| 1972 | 155.37 billion current US$ | +12.8% |
| 1973 | 200.20 billion current US$ | +28.9% |
| 1974 | 265.15 billion current US$ | +32.4% |
| 1975 | 282.83 billion current US$ | +6.7% |
| 1976 | 315.14 billion current US$ | +11.4% |
| 1977 | 340.18 billion current US$ | +7.9% |
| 1978 | 411.30 billion current US$ | +20.9% |
| 1979 | 462.47 billion current US$ | +12.4% |
| 1980 | 544.55 billion current US$ | +17.7% |
| 1981 | 631.46 billion current US$ | +16.0% |
| 1982 | 599.10 billion current US$ | -5.1% |
| 1983 | 533.37 billion current US$ | -11.0% |
| 1984 | 550.64 billion current US$ | +3.2% |
| 1985 | 528.24 billion current US$ | -4.1% |
| 1986 | 560.06 billion current US$ | +6.0% |
| 1987 | 578.03 billion current US$ | +3.2% |
| 1988 | 641.35 billion current US$ | +11.0% |
| 1989 | 678.35 billion current US$ | +5.8% |
| 1990 | 797.98 billion current US$ | +17.6% |
| 1991 | 877.39 billion current US$ | +10.0% |
| 1992 | 964.12 billion current US$ | +9.9% |
| 1993 | 1.14 trillion current US$ | +18.5% |
| 1994 | 1.34 trillion current US$ | +17.5% |
| 1995 | 1.47 trillion current US$ | +9.6% |
| 1996 | 1.60 trillion current US$ | +9.1% |
| 1997 | 1.75 trillion current US$ | +9.0% |
| 1998 | 1.75 trillion current US$ | +0.2% |
| 1999 | 1.55 trillion current US$ | -11.5% |
| 2000 | 1.72 trillion current US$ | +10.7% |
| 2001 | 1.68 trillion current US$ | -2.2% |
| 2002 | 1.49 trillion current US$ | -11.1% |
| 2003 | 1.53 trillion current US$ | +2.5% |
| 2004 | 1.71 trillion current US$ | +11.9% |
| 2005 | 2.09 trillion current US$ | +21.8% |
| 2006 | 2.40 trillion current US$ | +15.2% |
| 2007 | 2.83 trillion current US$ | +17.6% |
| 2008 | 3.28 trillion current US$ | +16.1% |
| 2009 | 3.11 trillion current US$ | -5.3% |
| 2010 | 3.84 trillion current US$ | +23.5% |
| 2011 | 4.46 trillion current US$ | +16.2% |
| 2012 | 4.47 trillion current US$ | +0.3% |
| 2013 | 4.56 trillion current US$ | +2.0% |
| 2014 | 4.56 trillion current US$ | +0.0% |
| 2015 | 3.87 trillion current US$ | -15.1% |
| 2016 | 3.77 trillion current US$ | -2.7% |
| 2017 | 4.20 trillion current US$ | +11.4% |
| 2018 | 4.05 trillion current US$ | -3.6% |
| 2019 | 3.96 trillion current US$ | -2.1% |
| 2020 | 3.33 trillion current US$ | -16.0% |
| 2021 | 3.80 trillion current US$ | +14.3% |
| 2022 | 4.48 trillion current US$ | +17.8% |
| 2023 | 5.05 trillion current US$ | +12.7% |
| 2024 | 5.21 trillion current US$ | +3.1% |
| 2025 | 5.42 trillion current US$ | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 80.66 billion current US$ | 54.23 billion current US$ | 112.09 billion current US$ | 10 |
| 1970s | 269.25 billion current US$ | 122.09 billion current US$ | 462.47 billion current US$ | 10 |
| 1980s | 584.51 billion current US$ | 528.24 billion current US$ | 678.35 billion current US$ | 10 |
| 1990s | 1.32 trillion current US$ | 797.98 billion current US$ | 1.75 trillion current US$ | 10 |
| 2000s | 2.18 trillion current US$ | 1.49 trillion current US$ | 3.28 trillion current US$ | 10 |
| 2010s | 4.18 trillion current US$ | 3.77 trillion current US$ | 4.56 trillion current US$ | 10 |
| 2020s | 4.55 trillion current US$ | 3.33 trillion current US$ | 5.42 trillion current US$ | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 19 Saudi Arabia 853.04 billion current US$ compare
- 20 Poland 820.54 billion current US$ compare
- 21 Switzerland 642.49 billion current US$ compare
- 22 Argentina 580.02 billion current US$ compare
- 23 Belgium 553.32 billion current US$ compare
- 24 Sweden 484.43 billion current US$ compare
- 25 Israel 449.08 billion current US$ compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Trade 47.5% (2025)
- Gross capital formation 2.7% (2025)
- Gross capital formation 18.7% (2025)
- Imports of goods and services 1.65 trillion current US$ (2025)
- Imports of goods and services 1.38 trillion constant 2015 US$ (2025)
- Imports of goods and services 5.7% (2025)
- Imports of goods and services 25.3% (2025)
- External balance on goods and services -0.7% (2025)
- Manufacturing, value added 846.94 billion constant 2015 US$ (2025)
- GDP (constant 2015 US$), per capita 8,434 constant 2015 US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is final consumption expenditure in Latin America & Caribbean (excluding high income)?
- Final consumption expenditure in Latin America & Caribbean (excluding high income) was 5.42 trillion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 5.42 trillion current US$ in 2025.
- What is the lowest final consumption expenditure recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 54.23 billion current US$ in 1960.
- How does Latin America & Caribbean (excluding high income) rank for final consumption expenditure?
- Latin America & Caribbean (excluding high income) ranks 22nd out of 43 groups with data for 2025.
- Is final consumption expenditure rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 39.8%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding 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.