Final consumption expenditure in World
World: Final consumption expenditure was 81.66 trillion current US$ in 2024. ◆ Volatile
Final consumption expenditure in World, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for final consumption expenditure in World is 81.66 trillion current US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 4.7% on the previous year and up 39.1% over ten years.
Over the whole period, final consumption expenditure in World peaked at 81.66 trillion current US$ in 2024 and was at its lowest, 2.25 trillion current US$, in 1970.
World ranks 1st of 44 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.41 trillion current US$ | 2.25 trillion current US$ | 7.54 trillion current US$ | 10 |
| 1980s | 11.00 trillion current US$ | 8.55 trillion current US$ | 15.36 trillion current US$ | 10 |
| 1990s | 21.71 trillion current US$ | 17.35 trillion current US$ | 25.06 trillion current US$ | 10 |
| 2000s | 35.60 trillion current US$ | 25.81 trillion current US$ | 47.72 trillion current US$ | 10 |
| 2010s | 57.73 trillion current US$ | 49.85 trillion current US$ | 64.55 trillion current US$ | 10 |
| 2020s | 73.44 trillion current US$ | 63.02 trillion current US$ | 81.66 trillion current US$ | 5 |
Countries ranked near World
- 1 United States 23.89 trillion current US$ compare
- 2 China 10.62 trillion current US$ compare
- 3 Germany 3.82 trillion current US$ compare
- 4 United Kingdom 3.27 trillion current US$ compare
More economy & growth data for World
- GNI per capita, Atlas method 14,244 current US$ (2025)
- GNI 117.70 trillion current US$ (2025)
- GNI, Atlas method 117.02 trillion current US$ (2025)
- Gross domestic savings 26.9% (2024)
- Gross domestic savings 30.01 trillion current US$ (2024)
- GDP per capita growth 2.0% (2025)
- GDP per capita 12,131 constant 2015 US$ (2025)
- GDP per capita 14,406 current US$ (2025)
- GDP growth 2.9% (2025)
- GDP 99.66 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is final consumption expenditure in World?
- Final consumption expenditure in World was 81.66 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in World?
- The highest recorded value was 81.66 trillion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in World?
- The lowest recorded value was 2.25 trillion current US$ in 1970.
- How does World rank for final consumption expenditure?
- World ranks 1st out of 44 groups with data for 2024.
- Is final consumption expenditure rising or falling in World?
- Over the last ten years it is up 39.1%. The long-run trend across the full record is volatile.
- Where does this World 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 — 55 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.