Final consumption expenditure (current US$) in OECD members
OECD members: Final consumption expenditure (current US$) was 52.86 trillion current US$ in 2024. ◆ Volatile
Final consumption expenditure in OECD members, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
OECD members recorded 52.86 trillion current US$ for final consumption expenditure in 2024. That is the highest value across all 55 years on record.
The figure is up 4.7% on the previous year and up 33.6% over ten years.
Over the whole period, final consumption expenditure in OECD members peaked at 52.86 trillion current US$ in 2024 and was at its lowest, 1.78 trillion current US$, in 1970.
That places OECD members 3rd out of 43 groups with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$) in OECD members, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 1.78 trillion current US$ | — |
| 1971 | 1.99 trillion current US$ | +11.4% |
| 1972 | 2.30 trillion current US$ | +15.7% |
| 1973 | 2.74 trillion current US$ | +19.2% |
| 1974 | 3.11 trillion current US$ | +13.5% |
| 1975 | 3.59 trillion current US$ | +15.4% |
| 1976 | 3.86 trillion current US$ | +7.6% |
| 1977 | 4.34 trillion current US$ | +12.4% |
| 1978 | 5.16 trillion current US$ | +18.9% |
| 1979 | 5.97 trillion current US$ | +15.6% |
| 1980 | 6.72 trillion current US$ | +12.6% |
| 1981 | 6.83 trillion current US$ | +1.6% |
| 1982 | 6.83 trillion current US$ | +0.0% |
| 1983 | 7.08 trillion current US$ | +3.7% |
| 1984 | 7.29 trillion current US$ | +2.9% |
| 1985 | 7.70 trillion current US$ | +5.6% |
| 1986 | 9.30 trillion current US$ | +20.8% |
| 1987 | 10.77 trillion current US$ | +15.8% |
| 1988 | 12.01 trillion current US$ | +11.5% |
| 1989 | 12.53 trillion current US$ | +4.4% |
| 1990 | 14.19 trillion current US$ | +13.2% |
| 1991 | 15.07 trillion current US$ | +6.2% |
| 1992 | 16.35 trillion current US$ | +8.5% |
| 1993 | 16.65 trillion current US$ | +1.8% |
| 1994 | 17.72 trillion current US$ | +6.4% |
| 1995 | 19.36 trillion current US$ | +9.3% |
| 1996 | 19.59 trillion current US$ | +1.2% |
| 1997 | 19.29 trillion current US$ | -1.5% |
| 1998 | 19.51 trillion current US$ | +1.2% |
| 1999 | 20.64 trillion current US$ | +5.8% |
| 2000 | 21.15 trillion current US$ | +2.5% |
| 2001 | 21.23 trillion current US$ | +0.4% |
| 2002 | 22.37 trillion current US$ | +5.3% |
| 2003 | 25.08 trillion current US$ | +12.1% |
| 2004 | 27.75 trillion current US$ | +10.6% |
| 2005 | 29.34 trillion current US$ | +5.7% |
| 2006 | 30.81 trillion current US$ | +5.0% |
| 2007 | 33.60 trillion current US$ | +9.1% |
| 2008 | 36.06 trillion current US$ | +7.3% |
| 2009 | 34.65 trillion current US$ | -3.9% |
| 2010 | 36.12 trillion current US$ | +4.3% |
| 2011 | 38.65 trillion current US$ | +7.0% |
| 2012 | 38.53 trillion current US$ | -0.3% |
| 2013 | 38.94 trillion current US$ | +1.1% |
| 2014 | 39.56 trillion current US$ | +1.6% |
| 2015 | 37.12 trillion current US$ | -6.2% |
| 2016 | 37.86 trillion current US$ | +2.0% |
| 2017 | 39.33 trillion current US$ | +3.9% |
| 2018 | 41.51 trillion current US$ | +5.5% |
| 2019 | 41.91 trillion current US$ | +1.0% |
| 2020 | 41.13 trillion current US$ | -1.9% |
| 2021 | 45.81 trillion current US$ | +11.4% |
| 2022 | 47.28 trillion current US$ | +3.2% |
| 2023 | 50.47 trillion current US$ | +6.8% |
| 2024 | 52.86 trillion current US$ | +4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.48 trillion current US$ | 1.78 trillion current US$ | 5.97 trillion current US$ | 10 |
| 1980s | 8.71 trillion current US$ | 6.72 trillion current US$ | 12.53 trillion current US$ | 10 |
| 1990s | 17.84 trillion current US$ | 14.19 trillion current US$ | 20.64 trillion current US$ | 10 |
| 2000s | 28.20 trillion current US$ | 21.15 trillion current US$ | 36.06 trillion current US$ | 10 |
| 2010s | 38.95 trillion current US$ | 36.12 trillion current US$ | 41.91 trillion current US$ | 10 |
| 2020s | 47.51 trillion current US$ | 41.13 trillion current US$ | 52.86 trillion current US$ | 5 |
Countries ranked near OECD members
More economy & growth data for OECD members
- GDP (constant 2015 US$), annual growth rate 1.77 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 40,416 current US$ per person (2021)
- GDP (current US$), annual growth rate 6.24 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9988 current US$ per US$ of GDP (2024)
- GDP (current US$), per capita 51,734 current US$ per person (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7976 constant 2015 US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), annual growth rate 3.16 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 41,261 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9292 current US$ per US$ of GDP (2021)
- Gross national expenditure (current US$), annual growth rate 4.19 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure in OECD members?
- Final consumption expenditure in OECD members was 52.86 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in OECD members?
- The highest recorded value was 52.86 trillion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in OECD members?
- The lowest recorded value was 1.78 trillion current US$ in 1970.
- How does OECD members rank for final consumption expenditure?
- OECD members ranks 3rd out of 43 groups with data for 2024.
- Is final consumption expenditure rising or falling in OECD members?
- Over the last ten years it is up 33.6%. The long-run trend across the full record is volatile.
- Where does this OECD members 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.