Final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Final consumption expenditure was 5.76 trillion current US$ in 2025. ◆ Volatile
Final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries), 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 5.76 trillion current US$ for final consumption expenditure in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 39.3% over ten years.
Over the whole period, final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) peaked at 5.76 trillion current US$ in 2025 and was at its lowest, 58.06 billion current US$, in 1960.
That places Latin America & the Caribbean (IDA & IBRD countries) 19th out of 41 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 58.06 billion current US$ | — |
| 1961 | 61.93 billion current US$ | +6.7% |
| 1962 | 70.27 billion current US$ | +13.5% |
| 1963 | 75.57 billion current US$ | +7.6% |
| 1964 | 83.01 billion current US$ | +9.8% |
| 1965 | 86.95 billion current US$ | +4.7% |
| 1966 | 96.55 billion current US$ | +11.0% |
| 1967 | 99.57 billion current US$ | +3.1% |
| 1968 | 107.93 billion current US$ | +8.4% |
| 1969 | 118.53 billion current US$ | +9.8% |
| 1970 | 129.52 billion current US$ | +9.3% |
| 1971 | 146.47 billion current US$ | +13.1% |
| 1972 | 164.19 billion current US$ | +12.1% |
| 1973 | 213.87 billion current US$ | +30.3% |
| 1974 | 276.13 billion current US$ | +29.1% |
| 1975 | 286.24 billion current US$ | +3.7% |
| 1976 | 320.21 billion current US$ | +11.9% |
| 1977 | 349.90 billion current US$ | +9.3% |
| 1978 | 420.97 billion current US$ | +20.3% |
| 1979 | 478.61 billion current US$ | +13.7% |
| 1980 | 571.09 billion current US$ | +19.3% |
| 1981 | 663.20 billion current US$ | +16.1% |
| 1982 | 615.26 billion current US$ | -7.2% |
| 1983 | 545.53 billion current US$ | -11.3% |
| 1984 | 560.82 billion current US$ | +2.8% |
| 1985 | 538.43 billion current US$ | -4.0% |
| 1986 | 569.93 billion current US$ | +5.8% |
| 1987 | 590.19 billion current US$ | +3.6% |
| 1988 | 653.93 billion current US$ | +10.8% |
| 1989 | 695.46 billion current US$ | +6.4% |
| 1990 | 818.84 billion current US$ | +17.7% |
| 1991 | 908.61 billion current US$ | +11.0% |
| 1992 | 1.01 trillion current US$ | +10.9% |
| 1993 | 1.19 trillion current US$ | +18.4% |
| 1994 | 1.40 trillion current US$ | +17.0% |
| 1995 | 1.54 trillion current US$ | +10.1% |
| 1996 | 1.68 trillion current US$ | +9.5% |
| 1997 | 1.84 trillion current US$ | +9.2% |
| 1998 | 1.84 trillion current US$ | +0.3% |
| 1999 | 1.63 trillion current US$ | -11.3% |
| 2000 | 1.80 trillion current US$ | +10.1% |
| 2001 | 1.75 trillion current US$ | -2.6% |
| 2002 | 1.56 trillion current US$ | -11.2% |
| 2003 | 1.60 trillion current US$ | +2.5% |
| 2004 | 1.79 trillion current US$ | +12.4% |
| 2005 | 2.19 trillion current US$ | +21.9% |
| 2006 | 2.52 trillion current US$ | +15.2% |
| 2007 | 2.96 trillion current US$ | +17.6% |
| 2008 | 3.45 trillion current US$ | +16.2% |
| 2009 | 3.27 trillion current US$ | -5.2% |
| 2010 | 4.05 trillion current US$ | +23.9% |
| 2011 | 4.71 trillion current US$ | +16.2% |
| 2012 | 4.74 trillion current US$ | +0.8% |
| 2013 | 4.85 trillion current US$ | +2.3% |
| 2014 | 4.84 trillion current US$ | -0.2% |
| 2015 | 4.13 trillion current US$ | -14.6% |
| 2016 | 4.04 trillion current US$ | -2.4% |
| 2017 | 4.50 trillion current US$ | +11.4% |
| 2018 | 4.36 trillion current US$ | -3.0% |
| 2019 | 4.26 trillion current US$ | -2.3% |
| 2020 | 3.58 trillion current US$ | -16.0% |
| 2021 | 4.11 trillion current US$ | +14.7% |
| 2022 | 4.78 trillion current US$ | +16.3% |
| 2023 | 5.38 trillion current US$ | +12.6% |
| 2024 | 5.53 trillion current US$ | +2.8% |
| 2025 | 5.76 trillion current US$ | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 85.84 billion current US$ | 58.06 billion current US$ | 118.53 billion current US$ | 10 |
| 1970s | 278.61 billion current US$ | 129.52 billion current US$ | 478.61 billion current US$ | 10 |
| 1980s | 600.38 billion current US$ | 538.43 billion current US$ | 695.46 billion current US$ | 10 |
| 1990s | 1.39 trillion current US$ | 818.84 billion current US$ | 1.84 trillion current US$ | 10 |
| 2000s | 2.29 trillion current US$ | 1.56 trillion current US$ | 3.45 trillion current US$ | 10 |
| 2010s | 4.45 trillion current US$ | 4.04 trillion current US$ | 4.85 trillion current US$ | 10 |
| 2020s | 4.85 trillion current US$ | 3.58 trillion current US$ | 5.76 trillion current US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 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
- 21 Switzerland 642.49 billion current US$ compare
- 22 Argentina 580.02 billion current US$ compare
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- GDP 7.05 trillion current US$ (2025)
- Industry (including construction), value added 30.3% (2025)
- Services, value added 4.81 trillion current US$ (2025)
- Trade in services 8.7% (2025)
- Services, value added 2.4% (2025)
- Services, value added 68.3% (2025)
- Inflation, GDP deflator 4.3% (2025)
- Gross value added at basic prices (GVA) 6.51 trillion current US$ (2025)
- Gross value added at basic prices (GVA) 5.39 trillion constant 2015 US$ (2025)
- Gross domestic savings 18.3% (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries)?
- Final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) was 5.76 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 5.76 trillion current US$ in 2025.
- What is the lowest final consumption expenditure recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 58.06 billion current US$ in 1960.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for final consumption expenditure?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 19th out of 41 groups with data for 2025.
- Is final consumption expenditure rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 39.3%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.