Final consumption expenditure (current US$) in Latin America & Caribbean
Latin America & Caribbean: Final consumption expenditure (current US$) was 6.06 trillion current US$ in 2025. ◆ Volatile
Latest (2025)
6.06 trillion current US$
Change on year
up 4.2%
Rank
19th
of 43 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$, in 1960.
Latin America & Caribbean ranks 19th of 43 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$) 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
- 16 Turkey 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
- 21 Switzerland 642.49 billion current US$ compare
- 22 Argentina 580.02 billion current US$ compare
More economy & growth data for Latin America & Caribbean
- General government final consumption expenditure (constant 2015 US$) 2.15 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,621 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6869 current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 60.29 billion BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.28 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 1,502 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1354 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0082 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 180.24 billion BoP, current US$ (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 19th out of 43 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.
Download this data
CSV · JSON — 66 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.