General government final consumption expenditure in High income
High income: General government final consumption expenditure was 2.8% in 2024. ▼ Falling
General government final consumption expenditure in High income, 1971–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
High income recorded 2.8% for general government final consumption expenditure in 2024.
The figure is up 30.4% on the previous year and up 208.2% over ten years.
Over the whole period, general government final consumption expenditure in High income peaked at 4.6% in 1975 and was at its lowest, -0.1%, in 2011.
High income ranks 18th of 33 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
General government final consumption expenditure in High income, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1971 | 3.0% | — |
| 1972 | 2.8% | -7.4% |
| 1973 | 2.6% | -5.8% |
| 1974 | 3.0% | +14.8% |
| 1975 | 4.6% | +53.1% |
| 1976 | 2.0% | -56.5% |
| 1977 | 2.2% | +10.5% |
| 1978 | 3.2% | +43.5% |
| 1979 | 2.2% | -29.7% |
| 1980 | 2.5% | +13.6% |
| 1981 | 2.7% | +5.5% |
| 1982 | 2.0% | -24.2% |
| 1983 | 2.5% | +22.5% |
| 1984 | 1.8% | -29.1% |
| 1985 | 3.3% | +86.8% |
| 1986 | 3.1% | -6.4% |
| 1987 | 2.5% | -19.3% |
| 1988 | 2.3% | -9.5% |
| 1989 | 2.3% | +1.2% |
| 1990 | 3.0% | +31.1% |
| 1991 | 1.8% | -38.4% |
| 1992 | 1.1% | -39.2% |
| 1993 | 0.7% | -39.5% |
| 1994 | 0.9% | +33.5% |
| 1995 | 1.1% | +19.0% |
| 1996 | 1.2% | +9.5% |
| 1997 | 1.4% | +18.2% |
| 1998 | 2.0% | +42.9% |
| 1999 | 2.8% | +38.7% |
| 2000 | 2.4% | -14.9% |
| 2001 | 2.8% | +19.9% |
| 2002 | 2.9% | +3.3% |
| 2003 | 2.0% | -30.1% |
| 2004 | 1.8% | -11.6% |
| 2005 | 1.5% | -15.4% |
| 2006 | 1.8% | +20.3% |
| 2007 | 2.0% | +6.4% |
| 2008 | 2.4% | +20.8% |
| 2009 | 3.1% | +32.7% |
| 2010 | 0.8% | -74.9% |
| 2011 | -0.1% | -111.0% |
| 2012 | 0.4% | -567.0% |
| 2013 | 0.3% | -21.2% |
| 2014 | 0.9% | +180.2% |
| 2015 | 1.4% | +57.1% |
| 2016 | 1.5% | +5.3% |
| 2017 | 1.1% | -24.5% |
| 2018 | 1.7% | +53.0% |
| 2019 | 2.8% | +64.7% |
| 2020 | 1.9% | -34.0% |
| 2021 | 3.7% | +101.0% |
| 2022 | 1.0% | -73.2% |
| 2023 | 2.1% | +111.4% |
| 2024 | 2.8% | +30.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.9% | 2.0% | 4.6% | 9 |
| 1980s | 2.5% | 1.8% | 3.3% | 10 |
| 1990s | 1.6% | 0.7% | 3.0% | 10 |
| 2000s | 2.3% | 1.5% | 3.1% | 10 |
| 2010s | 1.1% | -0.1% | 2.8% | 10 |
| 2020s | 2.3% | 1.0% | 3.7% | 5 |
Countries ranked near High income
More economy & growth data for High income
- Agriculture, forestry, and fishing, value added -0.3% (2024)
- Imports of goods and services 5.2% (2025)
- Imports of goods and services 30.8% (2025)
- External balance on goods and services 0.9% (2025)
- Trade 60.5% (2024)
- GDP (current US$), annual growth rate 6.5 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added 717.59 billion constant 2015 US$ (2024)
- Industry (including construction), value added -0.3% (2024)
- Industry (including construction), value added 12.75 trillion constant 2015 US$ (2024)
- Industry (including construction), value added 15.39 trillion current US$ (2024)
Frequently asked questions
- What is general government final consumption expenditure in High income?
- General government final consumption expenditure in High income was 2.8% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in High income?
- The highest recorded value was 4.6% in 1975.
- What is the lowest general government final consumption expenditure recorded in High income?
- The lowest recorded value was -0.1% in 2011.
- How does High income rank for general government final consumption expenditure?
- High income ranks 18th out of 33 groups with data for 2024.
- Is general government final consumption expenditure rising or falling in High income?
- Over the last ten years it is up 208.2%. The long-run trend across the full record is falling.
- Where does this High income data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of General government final consumption expenditure (annual % growth). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.