Final consumption expenditure in Latin America & Caribbean
Latin America & Caribbean: Final consumption expenditure was 6.06 trillion current US$ in 2025. ◆ Volatile
Latest (2025)
6.06 trillion current US$
Change on year
up 4.2%
Rank
17th
of 41 groups
All-time high
6.06 trillion current US$
in 2025
All-time low
62.33 billion current US$
in 1960
Years of data
66
1960–2025
Final consumption expenditure in Latin America & Caribbean, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Latin America & Caribbean recorded 6.06 trillion current US$ for final consumption expenditure in 2025. That is the highest value across all 66 years on record.
The figure is up 4.2% on the previous year and up 40.8% over ten years.
Over the whole period, final consumption expenditure in Latin America & Caribbean peaked at 6.06 trillion current US$ in 2025 and was at its lowest, 62.33 billion current US$, in 1960.
Latin America & Caribbean ranks 17th of 41 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Latin America & Caribbean, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 62.33 billion current US$ | — |
| 1961 | 66.49 billion current US$ | +6.7% |
| 1962 | 75.44 billion current US$ | +13.5% |
| 1963 | 81.13 billion current US$ | +7.6% |
| 1964 | 89.20 billion current US$ | +9.9% |
| 1965 | 93.56 billion current US$ | +4.9% |
| 1966 | 103.89 billion current US$ | +11.0% |
| 1967 | 107.26 billion current US$ | +3.2% |
| 1968 | 116.36 billion current US$ | +8.5% |
| 1969 | 127.86 billion current US$ | +9.9% |
| 1970 | 139.86 billion current US$ | +9.4% |
| 1971 | 158.85 billion current US$ | +13.6% |
| 1972 | 178.38 billion current US$ | +12.3% |
| 1973 | 230.72 billion current US$ | +29.3% |
| 1974 | 295.26 billion current US$ | +28.0% |
| 1975 | 307.89 billion current US$ | +4.3% |
| 1976 | 343.79 billion current US$ | +11.7% |
| 1977 | 374.92 billion current US$ | +9.1% |
| 1978 | 450.48 billion current US$ | +20.2% |
| 1979 | 511.24 billion current US$ | +13.5% |
| 1980 | 605.74 billion current US$ | +18.5% |
| 1981 | 700.03 billion current US$ | +15.6% |
| 1982 | 653.33 billion current US$ | -6.7% |
| 1983 | 585.49 billion current US$ | -10.4% |
| 1984 | 604.05 billion current US$ | +3.2% |
| 1985 | 580.91 billion current US$ | -3.8% |
| 1986 | 615.97 billion current US$ | +6.0% |
| 1987 | 639.14 billion current US$ | +3.8% |
| 1988 | 706.66 billion current US$ | +10.6% |
| 1989 | 749.48 billion current US$ | +6.1% |
| 1990 | 875.23 billion current US$ | +16.8% |
| 1991 | 964.28 billion current US$ | +10.2% |
| 1992 | 1.06 trillion current US$ | +10.3% |
| 1993 | 1.25 trillion current US$ | +17.7% |
| 1994 | 1.46 trillion current US$ | +16.9% |
| 1995 | 1.61 trillion current US$ | +9.9% |
| 1996 | 1.75 trillion current US$ | +8.8% |
| 1997 | 1.91 trillion current US$ | +9.1% |
| 1998 | 1.92 trillion current US$ | +0.5% |
| 1999 | 1.72 trillion current US$ | -10.6% |
| 2000 | 1.89 trillion current US$ | +9.9% |
| 2001 | 1.84 trillion current US$ | -2.2% |
| 2002 | 1.65 trillion current US$ | -10.4% |
| 2003 | 1.70 trillion current US$ | +2.6% |
| 2004 | 1.90 trillion current US$ | +12.1% |
| 2005 | 2.30 trillion current US$ | +21.1% |
| 2006 | 2.65 trillion current US$ | +15.0% |
| 2007 | 3.10 trillion current US$ | +17.0% |
| 2008 | 3.58 trillion current US$ | +15.7% |
| 2009 | 3.41 trillion current US$ | -5.0% |
| 2010 | 4.19 trillion current US$ | +23.0% |
| 2011 | 4.86 trillion current US$ | +15.9% |
| 2012 | 4.90 trillion current US$ | +0.9% |
| 2013 | 5.01 trillion current US$ | +2.3% |
| 2014 | 5.01 trillion current US$ | -0.1% |
| 2015 | 4.30 trillion current US$ | -14.1% |
| 2016 | 4.21 trillion current US$ | -2.2% |
| 2017 | 4.68 trillion current US$ | +11.1% |
| 2018 | 4.55 trillion current US$ | -2.8% |
| 2019 | 4.45 trillion current US$ | -2.1% |
| 2020 | 3.77 trillion current US$ | -15.3% |
| 2021 | 4.33 trillion current US$ | +14.8% |
| 2022 | 5.03 trillion current US$ | +16.1% |
| 2023 | 5.65 trillion current US$ | +12.4% |
| 2024 | 5.82 trillion current US$ | +2.9% |
| 2025 | 6.06 trillion current US$ | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 92.35 billion current US$ | 62.33 billion current US$ | 127.86 billion current US$ | 10 |
| 1970s | 299.14 billion current US$ | 139.86 billion current US$ | 511.24 billion current US$ | 10 |
| 1980s | 644.08 billion current US$ | 580.91 billion current US$ | 749.48 billion current US$ | 10 |
| 1990s | 1.45 trillion current US$ | 875.23 billion current US$ | 1.92 trillion current US$ | 10 |
| 2000s | 2.40 trillion current US$ | 1.65 trillion current US$ | 3.58 trillion current US$ | 10 |
| 2010s | 4.62 trillion current US$ | 4.19 trillion current US$ | 5.01 trillion current US$ | 10 |
| 2020s | 5.11 trillion current US$ | 3.77 trillion current US$ | 6.06 trillion current US$ | 6 |
Countries ranked near Latin America & Caribbean
- 14 Australia 1.35 trillion current US$ compare
- 15 Korea 1.23 trillion current US$ compare
- 16 Türkiye 1.10 trillion current US$ compare
- 17 Netherlands 919.09 billion current US$ compare
- 18 Indonesia 907.32 billion current US$ compare
- 19 Saudi Arabia 853.04 billion current US$ compare
- 20 Poland 820.54 billion current US$ compare
More economy & growth data for Latin America & Caribbean
- Households and NPISHs final consumption expenditure 68.7% (2025)
- Households and NPISHs Final consumption expenditure per capita 6,410 constant 2015 US$ (2025)
- Households and NPISHs Final consumption expenditure per capita growth 1.8% (2025)
- Manufacturing, value added 1.26 trillion current US$ (2025)
- Agriculture, forestry, and fishing, value added 7.1% (2025)
- Final consumption expenditure 2.4% (2025)
- Gross national expenditure 6.19 trillion constant 2015 US$ (2025)
- Gross national expenditure 7.46 trillion current US$ (2025)
- Households and NPISHs Final consumption expenditure 2.5% (2025)
- Final consumption expenditure 5.05 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is final consumption expenditure in Latin America & Caribbean?
- Final consumption expenditure in Latin America & Caribbean was 6.06 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?
- The highest recorded value was 6.06 trillion current US$ in 2025.
- What is the lowest final consumption expenditure recorded in Latin America & Caribbean?
- The lowest recorded value was 62.33 billion current US$ in 1960.
- How does Latin America & Caribbean rank for final consumption expenditure?
- Latin America & Caribbean ranks 17th out of 41 groups with data for 2025.
- Is final consumption expenditure rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 40.8%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean 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.