Final consumption expenditure in China
China: Final consumption expenditure was 56.7% in 2024. ▼ Falling
Final consumption expenditure in China, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, final consumption expenditure in China stood at 56.7%.
Compared with earlier readings it is down 0.1% on the previous year and up 7.2% over ten years.
Over the whole period, final consumption expenditure in China peaked at 84.9% in 1962 and was at its lowest, 49.4%, in 2010.
China ranks 175th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 65 years of available data.
Final consumption expenditure in China, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 63.0% | — |
| 1961 | 80.6% | +28.0% |
| 1962 | 84.9% | +5.3% |
| 1963 | 81.2% | -4.3% |
| 1964 | 73.3% | -9.8% |
| 1965 | 66.7% | -8.9% |
| 1966 | 66.2% | -0.8% |
| 1967 | 71.2% | +7.6% |
| 1968 | 72.9% | +2.3% |
| 1969 | 69.3% | -5.0% |
| 1970 | 64.0% | -7.7% |
| 1971 | 63.3% | -1.1% |
| 1972 | 64.3% | +1.7% |
| 1973 | 63.5% | -1.3% |
| 1974 | 64.0% | +0.8% |
| 1975 | 62.1% | -3.0% |
| 1976 | 65.9% | +6.2% |
| 1977 | 63.3% | -3.9% |
| 1978 | 60.8% | -4.0% |
| 1979 | 63.0% | +3.6% |
| 1980 | 64.8% | +2.8% |
| 1981 | 66.5% | +2.7% |
| 1982 | 66.6% | +0.2% |
| 1983 | 67.5% | +1.3% |
| 1984 | 65.8% | -2.5% |
| 1985 | 65.1% | -1.1% |
| 1986 | 64.9% | -0.3% |
| 1987 | 62.8% | -3.2% |
| 1988 | 62.2% | -1.1% |
| 1989 | 64.3% | +3.5% |
| 1990 | 63.7% | -1.0% |
| 1991 | 62.0% | -2.7% |
| 1992 | 59.8% | -3.5% |
| 1993 | 58.5% | -2.2% |
| 1994 | 58.3% | -0.3% |
| 1995 | 59.2% | +1.6% |
| 1996 | 60.2% | +1.7% |
| 1997 | 59.8% | -0.6% |
| 1998 | 60.6% | +1.3% |
| 1999 | 62.7% | +3.5% |
| 2000 | 63.7% | +1.6% |
| 2001 | 62.1% | -2.5% |
| 2002 | 61.2% | -1.5% |
| 2003 | 58.3% | -4.8% |
| 2004 | 55.5% | -4.7% |
| 2005 | 54.8% | -1.3% |
| 2006 | 53.0% | -3.2% |
| 2007 | 51.5% | -3.0% |
| 2008 | 50.3% | -2.3% |
| 2009 | 50.6% | +0.6% |
| 2010 | 49.4% | -2.2% |
| 2011 | 50.8% | +2.7% |
| 2012 | 51.6% | +1.7% |
| 2013 | 52.1% | +0.9% |
| 2014 | 52.9% | +1.5% |
| 2015 | 54.3% | +2.8% |
| 2016 | 55.6% | +2.3% |
| 2017 | 55.5% | -0.2% |
| 2018 | 55.8% | +0.6% |
| 2019 | 56.5% | +1.3% |
| 2020 | 55.8% | -1.3% |
| 2021 | 54.7% | -1.9% |
| 2022 | 54.4% | -0.5% |
| 2023 | 56.8% | +4.3% |
| 2024 | 56.7% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 72.9% | 63.0% | 84.9% | 10 |
| 1970s | 63.4% | 60.8% | 65.9% | 10 |
| 1980s | 65.1% | 62.2% | 67.5% | 10 |
| 1990s | 60.5% | 58.3% | 63.7% | 10 |
| 2000s | 56.1% | 50.3% | 63.7% | 10 |
| 2010s | 53.4% | 49.4% | 56.5% | 10 |
| 2020s | 55.7% | 54.4% | 56.8% | 5 |
Countries ranked near China
More economy & growth data for China
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.46 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.31 Percent per annum (2029)
- Services, value added (constant LCU), per capita 54,288 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate -0.9216 % change on previous year (2025)
- GDP (current US$), annual growth rate 4.1 % change on previous year (2025)
- GDP (current US$), per capita 13,862 current US$ per person (2025)
- GDP (current LCU), annual growth rate 3.99 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 7.19 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 99,666 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.96 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure in China?
- Final consumption expenditure in China was 56.7% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in China?
- The highest recorded value was 84.9% in 1962.
- What is the lowest final consumption expenditure recorded in China?
- The lowest recorded value was 49.4% in 2010.
- How does China rank for final consumption expenditure?
- China ranks 175th out of 187 countries with data for 2024.
- Is final consumption expenditure rising or falling in China?
- Over the last ten years it is up 7.2%. The long-run trend across the full record is falling.
- Where does this China data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.