Final consumption expenditure (current US$) in Middle income
Middle income: Final consumption expenditure (current US$) was 26.22 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
26.22 trillion current US$
Change on year
up 4.8%
Rank
8th
of 43 groups
All-time high
26.22 trillion current US$
in 2024
All-time low
199.53 billion current US$
in 1960
Years of data
65
1960–2024
Final consumption expenditure in Middle income, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Middle income recorded 26.22 trillion current US$ for final consumption expenditure in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 4.8% on the previous year and up 52.4% over ten years.
Over the whole period, final consumption expenditure in Middle income peaked at 26.22 trillion current US$ in 2024 and was at its lowest, 199.53 billion current US$, in 1960.
Middle income ranks 8th of 43 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$) in Middle income, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 199.53 billion current US$ | — |
| 1961 | 211.08 billion current US$ | +5.8% |
| 1962 | 223.99 billion current US$ | +6.1% |
| 1963 | 242.96 billion current US$ | +8.5% |
| 1964 | 267.26 billion current US$ | +10.0% |
| 1965 | 285.56 billion current US$ | +6.8% |
| 1966 | 292.26 billion current US$ | +2.3% |
| 1967 | 309.38 billion current US$ | +5.9% |
| 1968 | 326.25 billion current US$ | +5.5% |
| 1969 | 356.32 billion current US$ | +9.2% |
| 1970 | 385.36 billion current US$ | +8.1% |
| 1971 | 422.93 billion current US$ | +9.7% |
| 1972 | 469.40 billion current US$ | +11.0% |
| 1973 | 581.09 billion current US$ | +23.8% |
| 1974 | 730.19 billion current US$ | +25.7% |
| 1975 | 812.37 billion current US$ | +11.3% |
| 1976 | 864.08 billion current US$ | +6.4% |
| 1977 | 967.95 billion current US$ | +12.0% |
| 1978 | 1.09 trillion current US$ | +13.1% |
| 1979 | 1.26 trillion current US$ | +14.7% |
| 1980 | 1.48 trillion current US$ | +17.5% |
| 1981 | 1.63 trillion current US$ | +10.6% |
| 1982 | 1.65 trillion current US$ | +1.0% |
| 1983 | 1.64 trillion current US$ | -0.6% |
| 1984 | 1.69 trillion current US$ | +2.9% |
| 1985 | 1.73 trillion current US$ | +2.4% |
| 1986 | 1.85 trillion current US$ | +7.3% |
| 1987 | 1.86 trillion current US$ | +0.4% |
| 1988 | 2.00 trillion current US$ | +7.5% |
| 1989 | 2.12 trillion current US$ | +5.9% |
| 1990 | 2.41 trillion current US$ | +13.8% |
| 1991 | 2.37 trillion current US$ | -1.8% |
| 1992 | 2.53 trillion current US$ | +6.7% |
| 1993 | 2.72 trillion current US$ | +7.6% |
| 1994 | 3.02 trillion current US$ | +11.0% |
| 1995 | 3.48 trillion current US$ | +15.2% |
| 1996 | 3.84 trillion current US$ | +10.4% |
| 1997 | 4.08 trillion current US$ | +6.4% |
| 1998 | 4.01 trillion current US$ | -1.7% |
| 1999 | 3.97 trillion current US$ | -1.1% |
| 2000 | 4.26 trillion current US$ | +7.3% |
| 2001 | 4.25 trillion current US$ | -0.2% |
| 2002 | 4.24 trillion current US$ | -0.3% |
| 2003 | 4.67 trillion current US$ | +10.2% |
| 2004 | 5.33 trillion current US$ | +14.0% |
| 2005 | 6.22 trillion current US$ | +16.8% |
| 2006 | 7.15 trillion current US$ | +14.9% |
| 2007 | 8.67 trillion current US$ | +21.3% |
| 2008 | 10.14 trillion current US$ | +17.0% |
| 2009 | 10.32 trillion current US$ | +1.7% |
| 2010 | 12.31 trillion current US$ | +19.4% |
| 2011 | 14.54 trillion current US$ | +18.1% |
| 2012 | 15.55 trillion current US$ | +6.9% |
| 2013 | 16.46 trillion current US$ | +5.9% |
| 2014 | 17.21 trillion current US$ | +4.5% |
| 2015 | 16.82 trillion current US$ | -2.3% |
| 2016 | 17.19 trillion current US$ | +2.2% |
| 2017 | 18.72 trillion current US$ | +8.9% |
| 2018 | 19.71 trillion current US$ | +5.3% |
| 2019 | 20.32 trillion current US$ | +3.1% |
| 2020 | 19.54 trillion current US$ | -3.9% |
| 2021 | 22.55 trillion current US$ | +15.4% |
| 2022 | 23.56 trillion current US$ | +4.5% |
| 2023 | 25.02 trillion current US$ | +6.2% |
| 2024 | 26.22 trillion current US$ | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 271.46 billion current US$ | 199.53 billion current US$ | 356.32 billion current US$ | 10 |
| 1970s | 758.42 billion current US$ | 385.36 billion current US$ | 1.26 trillion current US$ | 10 |
| 1980s | 1.77 trillion current US$ | 1.48 trillion current US$ | 2.12 trillion current US$ | 10 |
| 1990s | 3.24 trillion current US$ | 2.37 trillion current US$ | 4.08 trillion current US$ | 10 |
| 2000s | 6.52 trillion current US$ | 4.24 trillion current US$ | 10.32 trillion current US$ | 10 |
| 2010s | 16.88 trillion current US$ | 12.31 trillion current US$ | 20.32 trillion current US$ | 10 |
| 2020s | 23.38 trillion current US$ | 19.54 trillion current US$ | 26.22 trillion current US$ | 5 |
Countries ranked near Middle income
More economy & growth data for Middle income
- Foreign direct investment, net outflows (BoP, current US$), gaps 267.98 billion BoP, current US$ (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 3.33 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.3336 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 2,171 current US$ per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 2.72 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3019 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 2,046 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 5.25 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.242 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 Middle income?
- Final consumption expenditure in Middle income was 26.22 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Middle income?
- The highest recorded value was 26.22 trillion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in Middle income?
- The lowest recorded value was 199.53 billion current US$ in 1960.
- How does Middle income rank for final consumption expenditure?
- Middle income ranks 8th out of 43 groups with data for 2024.
- Is final consumption expenditure rising or falling in Middle income?
- Over the last ten years it is up 52.4%. The long-run trend across the full record is volatile.
- Where does this Middle 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.