General government final consumption expenditure in World
World: General government final consumption expenditure was 2.8% in 2024. ▼ Falling
General government final consumption expenditure in World, 1971–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2024, general government final consumption expenditure in World stood at 2.8%.
The figure is up 36.5% on the previous year and up 127.5% over ten years.
Over the whole period, general government final consumption expenditure in World peaked at 5.5% in 1975 and was at its lowest, 0.7%, in 2011.
World ranks 16th of 31 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 World, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1971 | 3.5% | — |
| 1972 | 3.2% | -8.4% |
| 1973 | 3.1% | -4.5% |
| 1974 | 3.5% | +14.7% |
| 1975 | 5.5% | +55.9% |
| 1976 | 2.6% | -52.5% |
| 1977 | 2.0% | -23.3% |
| 1978 | 3.3% | +65.9% |
| 1979 | 2.6% | -23.3% |
| 1980 | 1.2% | -54.1% |
| 1981 | 2.9% | +142.5% |
| 1982 | 2.3% | -19.9% |
| 1983 | 2.4% | +3.0% |
| 1984 | 1.7% | -27.5% |
| 1985 | 3.6% | +113.4% |
| 1986 | 3.0% | -16.4% |
| 1987 | 2.7% | -12.1% |
| 1988 | 2.3% | -13.0% |
| 1989 | 2.7% | +14.0% |
| 1990 | 3.5% | +29.9% |
| 1991 | 1.7% | -50.1% |
| 1992 | 1.0% | -39.6% |
| 1993 | 1.1% | +6.4% |
| 1994 | 0.9% | -14.7% |
| 1995 | 1.7% | +81.9% |
| 1996 | 1.2% | -29.8% |
| 1997 | 1.7% | +38.3% |
| 1998 | 2.1% | +26.2% |
| 1999 | 2.8% | +31.5% |
| 2000 | 2.4% | -14.1% |
| 2001 | 2.7% | +15.0% |
| 2002 | 2.9% | +6.7% |
| 2003 | 2.1% | -26.5% |
| 2004 | 2.1% | -2.0% |
| 2005 | 1.9% | -9.0% |
| 2006 | 2.3% | +20.8% |
| 2007 | 2.4% | +2.5% |
| 2008 | 2.7% | +14.0% |
| 2009 | 3.5% | +31.4% |
| 2010 | 1.2% | -66.6% |
| 2011 | 0.7% | -37.9% |
| 2012 | 0.9% | +25.4% |
| 2013 | 0.8% | -9.5% |
| 2014 | 1.2% | +47.2% |
| 2015 | 1.5% | +23.5% |
| 2016 | 1.6% | +8.6% |
| 2017 | 1.4% | -14.5% |
| 2018 | 2.0% | +40.6% |
| 2019 | 2.7% | +35.1% |
| 2020 | 1.5% | -43.7% |
| 2021 | 3.7% | +146.1% |
| 2022 | 1.3% | -65.3% |
| 2023 | 2.0% | +59.3% |
| 2024 | 2.8% | +36.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.3% | 2.0% | 5.5% | 9 |
| 1980s | 2.5% | 1.2% | 3.6% | 10 |
| 1990s | 1.8% | 0.9% | 3.5% | 10 |
| 2000s | 2.5% | 1.9% | 3.5% | 10 |
| 2010s | 1.4% | 0.7% | 2.7% | 10 |
| 2020s | 2.3% | 1.3% | 3.7% | 5 |
Countries ranked near World
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- Services, value added (current US$), annual growth rate 4.46 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.633 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 8,683 current US$ per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 3.24 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5766 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (constant 2015 US$), per capita 7,910 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 3.52 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8756 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is general government final consumption expenditure in World?
- General government final consumption expenditure in World 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 World?
- The highest recorded value was 5.5% in 1975.
- What is the lowest general government final consumption expenditure recorded in World?
- The lowest recorded value was 0.7% in 2011.
- How does World rank for general government final consumption expenditure?
- World ranks 16th out of 31 groups with data for 2024.
- Is general government final consumption expenditure rising or falling in World?
- Over the last ten years it is up 127.5%. The long-run trend across the full record is falling.
- Where does this World 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.