General government final consumption expenditure (constant 2015 US$) in World

World: General government final consumption expenditure (constant 2015 US$) was 2.79 % change on previous year in 2024. ▼ Falling

Latest (2024)
2.79 % change on previous year
Change on year
up 36.4%
Rank
16th
of 33 groups
All-time high
5.53 % change on previous year
in 1975
All-time low
0.7334 % change on previous year
in 2011
Years of data
54
1971–2024

General government final consumption expenditure (constant 2015 US$) in World, 1971–2024

123456197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

World recorded 2.79 % change on previous year for general government final consumption expenditure (constant 2015 us$) in 2024.

The figure is up 36.4% on the previous year and up 127.6% over ten years.

Over the whole period, general government final consumption expenditure (constant 2015 us$) in World peaked at 5.53 % change on previous year in 1975 and was at its lowest, 0.7334 % change on previous year, in 2011.

That places World 16th out of 33 groups with data for 2024, putting it 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 (constant 2015 US$) in World, year by year

Annual values for General government final consumption expenditure (constant 2015 US$), annual growth rate in World, 1971 to 2024.
Year % change on previous year Change
1971 3.53 % change on previous year
1972 3.23 % change on previous year -8.4%
1973 3.09 % change on previous year -4.4%
1974 3.55 % change on previous year +14.7%
1975 5.53 % change on previous year +55.9%
1976 2.63 % change on previous year -52.5%
1977 2.01 % change on previous year -23.3%
1978 3.34 % change on previous year +65.9%
1979 2.56 % change on previous year -23.3%
1980 1.18 % change on previous year -54.1%
1981 2.85 % change on previous year +142.6%
1982 2.29 % change on previous year -19.9%
1983 2.36 % change on previous year +3.0%
1984 1.71 % change on previous year -27.5%
1985 3.65 % change on previous year +113.5%
1986 3.05 % change on previous year -16.4%
1987 2.68 % change on previous year -12.1%
1988 2.33 % change on previous year -13.0%
1989 2.66 % change on previous year +14.0%
1990 3.45 % change on previous year +29.9%
1991 1.72 % change on previous year -50.1%
1992 1.04 % change on previous year -39.7%
1993 1.11 % change on previous year +6.4%
1994 0.9436 % change on previous year -14.7%
1995 1.72 % change on previous year +81.9%
1996 1.2 % change on previous year -29.8%
1997 1.67 % change on previous year +38.3%
1998 2.1 % change on previous year +26.2%
1999 2.76 % change on previous year +31.5%
2000 2.37 % change on previous year -14.1%
2001 2.73 % change on previous year +15.0%
2002 2.91 % change on previous year +6.7%
2003 2.14 % change on previous year -26.5%
2004 2.1 % change on previous year -2.0%
2005 1.91 % change on previous year -9.1%
2006 2.31 % change on previous year +20.8%
2007 2.36 % change on previous year +2.5%
2008 2.69 % change on previous year +14.0%
2009 3.54 % change on previous year +31.5%
2010 1.18 % change on previous year -66.6%
2011 0.7334 % change on previous year -38.0%
2012 0.9202 % change on previous year +25.5%
2013 0.8333 % change on previous year -9.4%
2014 1.23 % change on previous year +47.1%
2015 1.51 % change on previous year +23.5%
2016 1.64 % change on previous year +8.6%
2017 1.41 % change on previous year -14.5%
2018 1.98 % change on previous year +40.5%
2019 2.67 % change on previous year +35.1%
2020 1.5 % change on previous year -43.7%
2021 3.7 % change on previous year +146.1%
2022 1.28 % change on previous year -65.3%
2023 2.04 % change on previous year +59.3%
2024 2.79 % change on previous year +36.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.28 % change on previous year 2.01 % change on previous year 5.53 % change on previous year 9
1980s 2.47 % change on previous year 1.18 % change on previous year 3.65 % change on previous year 10
1990s 1.77 % change on previous year 0.9436 % change on previous year 3.45 % change on previous year 10
2000s 2.51 % change on previous year 1.91 % change on previous year 3.54 % change on previous year 10
2010s 1.41 % change on previous year 0.7334 % change on previous year 2.67 % change on previous year 10
2020s 2.26 % change on previous year 1.28 % change on previous year 3.7 % change on previous year 5

Countries ranked near World

  1. 13 Equatorial Guinea 13.39 % change on previous year compare
  2. 14 Nepal 12.02 % change on previous year compare
  3. 15 Viet Nam 11.89 % change on previous year compare
  4. 16 Gambia 11.45 % change on previous year compare
  5. 17 Ethiopia 11.31 % change on previous year compare
  6. 18 Somalia 11 % change on previous year compare
  7. 19 Niger 10.84 % change on previous year compare

See the full ranking of 201 places →

More economy & growth data for World

All data for World →

Frequently asked questions

What is general government final consumption expenditure (constant 2015 us$) in World?
General government final consumption expenditure (constant 2015 us$) in World was 2.79 % change on previous year in 2024, according to Statizoid (derived).
What is the highest general government final consumption expenditure (constant 2015 us$) recorded in World?
The highest recorded value was 5.53 % change on previous year in 1975.
What is the lowest general government final consumption expenditure (constant 2015 us$) recorded in World?
The lowest recorded value was 0.7334 % change on previous year in 2011.
How does World rank for general government final consumption expenditure (constant 2015 us$)?
World ranks 16th out of 33 groups with data for 2024.
Is general government final consumption expenditure (constant 2015 us$) rising or falling in World?
Over the last ten years it is up 127.6%. The long-run trend across the full record is falling.
Where does this World data come from?
The figures come from Statizoid (derived), published as part of General government final consumption expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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General government final consumption expenditure (constant 2015 US$) in World. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/stat/general-government-final-consumption-expenditure-constant-2015-us-annual-growth-rate/world/

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How this figure is calculated

The year-on-year percentage change in General government final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
General government final consumption expenditure (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
201 places, 8,420 data points, 1961–2025
Last refreshed

The year-on-year percentage change in General government final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.