General government final consumption expenditure in Latin America & Caribbean
Latin America & Caribbean: General government final consumption expenditure was 2.1% in 2025. ◆ Volatile
General government final consumption expenditure in Latin America & Caribbean, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2025, general government final consumption expenditure in Latin America & Caribbean stood at 2.1%.
The figure is up 77.4% on the previous year and up 50.5% over ten years.
Over the whole period, general government final consumption expenditure in Latin America & Caribbean peaked at 11.5% in 1975 and was at its lowest, -19.9%, in 1980.
Latin America & Caribbean ranks 23rd of 33 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in Latin America & Caribbean, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1961 | 7.6% | — |
| 1962 | 4.6% | -39.1% |
| 1963 | 7.3% | +57.4% |
| 1964 | 1.4% | -80.8% |
| 1965 | 3.7% | +166.5% |
| 1966 | 5.7% | +54.9% |
| 1967 | 7.4% | +29.2% |
| 1968 | 6.6% | -10.4% |
| 1969 | 7.1% | +7.1% |
| 1970 | 7.5% | +5.0% |
| 1971 | 9.6% | +28.9% |
| 1972 | 8.1% | -15.7% |
| 1973 | 9.8% | +21.1% |
| 1974 | 3.7% | -62.0% |
| 1975 | 11.5% | +207.5% |
| 1976 | 6.6% | -42.8% |
| 1977 | -1.3% | -119.3% |
| 1978 | 5.9% | -562.7% |
| 1979 | 7.6% | +28.5% |
| 1980 | -19.9% | -364.1% |
| 1981 | 5.2% | -125.9% |
| 1982 | 5.1% | -1.7% |
| 1983 | -0.3% | -106.0% |
| 1984 | 0.8% | -354.0% |
| 1985 | 8.4% | +991.1% |
| 1986 | 6.5% | -23.4% |
| 1987 | 6.7% | +3.0% |
| 1988 | 2.8% | -58.5% |
| 1989 | 8.7% | +214.1% |
| 1990 | 10.2% | +17.9% |
| 1991 | -2.5% | -124.7% |
| 1992 | -1.3% | -46.7% |
| 1993 | 5.3% | -496.1% |
| 1994 | 4.4% | -17.9% |
| 1995 | 10.6% | +141.2% |
| 1996 | 0.6% | -94.3% |
| 1997 | 3.5% | +488.2% |
| 1998 | 2.6% | -26.2% |
| 1999 | 2.8% | +8.3% |
| 2000 | 1.0% | -65.2% |
| 2001 | 0.7% | -27.9% |
| 2002 | 1.8% | +151.6% |
| 2003 | 1.3% | -24.8% |
| 2004 | 2.9% | +113.9% |
| 2005 | 3.7% | +30.7% |
| 2006 | 3.8% | +1.2% |
| 2007 | 4.4% | +16.9% |
| 2008 | 2.8% | -35.8% |
| 2009 | 4.0% | +40.9% |
| 2010 | 3.6% | -8.9% |
| 2011 | 3.0% | -19.1% |
| 2012 | 2.8% | -5.2% |
| 2013 | 2.6% | -6.1% |
| 2014 | 2.1% | -20.2% |
| 2015 | 1.4% | -32.0% |
| 2016 | 0.9% | -35.7% |
| 2017 | 1.0% | +12.8% |
| 2018 | 1.6% | +52.5% |
| 2019 | -0.5% | -131.6% |
| 2020 | -2.0% | +293.7% |
| 2021 | 4.8% | -343.3% |
| 2022 | 2.2% | -54.3% |
| 2023 | 2.4% | +9.8% |
| 2024 | 1.2% | -49.6% |
| 2025 | 2.1% | +77.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.7% | 1.4% | 7.6% | 9 |
| 1970s | 6.9% | -1.3% | 11.5% | 10 |
| 1980s | 2.4% | -19.9% | 8.7% | 10 |
| 1990s | 3.6% | -2.5% | 10.6% | 10 |
| 2000s | 2.6% | 0.7% | 4.4% | 10 |
| 2010s | 1.9% | -0.5% | 3.6% | 10 |
| 2020s | 1.8% | -2.0% | 4.8% | 6 |
Countries ranked near Latin America & Caribbean
More economy & growth data for Latin America & Caribbean
- Households and NPISHs Final consumption expenditure (current US$) 4.28 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,782 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.15 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1354 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,502 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,621 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5777 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1607 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6869 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure in Latin America & Caribbean?
- General government final consumption expenditure in Latin America & Caribbean was 2.1% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Latin America & Caribbean?
- The highest recorded value was 11.5% in 1975.
- What is the lowest general government final consumption expenditure recorded in Latin America & Caribbean?
- The lowest recorded value was -19.9% in 1980.
- How does Latin America & Caribbean rank for general government final consumption expenditure?
- Latin America & Caribbean ranks 23rd out of 33 groups with data for 2025.
- Is general government final consumption expenditure rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 50.5%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean 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.