General government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): General government final consumption expenditure was 2.2% in 2025. ◆ Volatile
General government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries), 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 2.2% for general government final consumption expenditure in 2025.
The figure is up 42.4% on the previous year and up 30.2% over ten years.
Over the whole period, general government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) peaked at 11.6% in 1975 and was at its lowest, -21.1%, in 1980.
Latin America & the Caribbean (IDA & IBRD countries) ranks 22nd 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 & the Caribbean (IDA & IBRD countries), 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 | 3.6% | +159.5% |
| 1966 | 5.7% | +58.6% |
| 1967 | 7.4% | +28.8% |
| 1968 | 6.5% | -11.4% |
| 1969 | 7.0% | +7.4% |
| 1970 | 7.2% | +2.7% |
| 1971 | 9.5% | +32.1% |
| 1972 | 8.5% | -10.5% |
| 1973 | 10.1% | +19.1% |
| 1974 | 4.0% | -60.7% |
| 1975 | 11.6% | +191.0% |
| 1976 | 6.8% | -41.7% |
| 1977 | -1.9% | -127.4% |
| 1978 | 5.9% | -418.2% |
| 1979 | 7.9% | +34.1% |
| 1980 | -21.1% | -366.9% |
| 1981 | 4.2% | -120.1% |
| 1982 | 5.1% | +19.5% |
| 1983 | -0.8% | -115.6% |
| 1984 | 0.1% | -113.7% |
| 1985 | 8.9% | +8133.3% |
| 1986 | 7.1% | -20.6% |
| 1987 | 7.3% | +2.8% |
| 1988 | 2.6% | -64.6% |
| 1989 | 9.2% | +256.9% |
| 1990 | 11.1% | +20.2% |
| 1991 | -2.2% | -119.8% |
| 1992 | -1.2% | -45.6% |
| 1993 | 5.8% | -582.7% |
| 1994 | 4.7% | -18.7% |
| 1995 | 11.1% | +136.7% |
| 1996 | 0.4% | -96.3% |
| 1997 | 3.4% | +736.5% |
| 1998 | 2.7% | -20.4% |
| 1999 | 2.7% | +0.8% |
| 2000 | 1.0% | -62.9% |
| 2001 | 0.6% | -42.2% |
| 2002 | 1.6% | +181.1% |
| 2003 | 1.2% | -28.3% |
| 2004 | 2.7% | +130.8% |
| 2005 | 3.5% | +28.3% |
| 2006 | 3.7% | +6.1% |
| 2007 | 4.3% | +15.3% |
| 2008 | 3.0% | -30.4% |
| 2009 | 4.1% | +38.6% |
| 2010 | 3.8% | -7.3% |
| 2011 | 3.2% | -16.2% |
| 2012 | 3.0% | -5.1% |
| 2013 | 2.8% | -8.4% |
| 2014 | 2.2% | -22.3% |
| 2015 | 1.7% | -23.1% |
| 2016 | 1.0% | -37.6% |
| 2017 | 0.9% | -11.4% |
| 2018 | 1.6% | +72.8% |
| 2019 | -0.7% | -146.7% |
| 2020 | -1.7% | +133.1% |
| 2021 | 4.5% | -359.0% |
| 2022 | 2.3% | -49.4% |
| 2023 | 3.0% | +30.1% |
| 2024 | 1.5% | -48.5% |
| 2025 | 2.2% | +42.4% |
Biggest year-on-year movements
Years where General government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | +8133.3% | 0.1% | 8.9% |
| 1997 | +736.5% | 0.4% | 3.4% |
| 1993 | +582.7% | -1.2% | 5.8% |
| 1978 | +418.2% | -1.9% | 5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.7% | 1.4% | 7.6% | 9 |
| 1970s | 7.0% | -1.9% | 11.6% | 10 |
| 1980s | 2.3% | -21.1% | 9.2% | 10 |
| 1990s | 3.8% | -2.2% | 11.1% | 10 |
| 2000s | 2.6% | 0.6% | 4.3% | 10 |
| 2010s | 2.0% | -0.7% | 3.8% | 10 |
| 2020s | 1.9% | -1.7% | 4.5% | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is general government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries)?
- General government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) was 2.2% 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 11.6% in 1975.
- What is the lowest general government final consumption expenditure recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was -21.1% in 1980.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for general government final consumption expenditure?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 22nd out of 33 groups with data for 2025.
- Is general government final consumption expenditure rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 30.2%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.