General government final consumption expenditure (constant 2015 US$) in Latin America & Caribbean
Latin America & Caribbean: General government final consumption expenditure (constant 2015 US$) was 1,502 constant 2015 US$ per person in 2025. ▲ Rising
General government final consumption expenditure (constant 2015 US$) in Latin America & Caribbean, 1960–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
The most recent figure for general government final consumption expenditure (constant 2015 us$) in Latin America & Caribbean is 1,502 constant 2015 US$ per person, measured in 2025. That is the highest value across all 66 years on record.
That represents a change of up 1.5% on the previous year and up 6.3% over ten years.
Over the whole period, general government final consumption expenditure (constant 2015 us$) in Latin America & Caribbean peaked at 1,502 constant 2015 US$ per person in 2025 and was at its lowest, 478.39 constant 2015 US$ per person, in 1960.
Latin America & Caribbean ranks 13th of 33 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
General government final consumption expenditure (constant 2015 US$) in Latin America & Caribbean, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1960 | 478.39 constant 2015 US$ per person | — |
| 1961 | 500.58 constant 2015 US$ per person | +4.6% |
| 1962 | 509.38 constant 2015 US$ per person | +1.8% |
| 1963 | 531.47 constant 2015 US$ per person | +4.3% |
| 1964 | 524.33 constant 2015 US$ per person | -1.3% |
| 1965 | 529.28 constant 2015 US$ per person | +0.9% |
| 1966 | 545.01 constant 2015 US$ per person | +3.0% |
| 1967 | 570.37 constant 2015 US$ per person | +4.7% |
| 1968 | 592.91 constant 2015 US$ per person | +4.0% |
| 1969 | 619.32 constant 2015 US$ per person | +4.5% |
| 1970 | 649.34 constant 2015 US$ per person | +4.8% |
| 1971 | 694.71 constant 2015 US$ per person | +7.0% |
| 1972 | 733.13 constant 2015 US$ per person | +5.5% |
| 1973 | 786.12 constant 2015 US$ per person | +7.2% |
| 1974 | 796.4 constant 2015 US$ per person | +1.3% |
| 1975 | 867.41 constant 2015 US$ per person | +8.9% |
| 1976 | 903.45 constant 2015 US$ per person | +4.2% |
| 1977 | 871.84 constant 2015 US$ per person | -3.5% |
| 1978 | 902.32 constant 2015 US$ per person | +3.5% |
| 1979 | 948.89 constant 2015 US$ per person | +5.2% |
| 1980 | 742.96 constant 2015 US$ per person | -21.7% |
| 1981 | 764.58 constant 2015 US$ per person | +2.9% |
| 1982 | 786.43 constant 2015 US$ per person | +2.9% |
| 1983 | 767.51 constant 2015 US$ per person | -2.4% |
| 1984 | 757.3 constant 2015 US$ per person | -1.3% |
| 1985 | 804.43 constant 2015 US$ per person | +6.2% |
| 1986 | 839.32 constant 2015 US$ per person | +4.3% |
| 1987 | 877.66 constant 2015 US$ per person | +4.6% |
| 1988 | 884.51 constant 2015 US$ per person | +0.8% |
| 1989 | 943.09 constant 2015 US$ per person | +6.6% |
| 1990 | 1,020 constant 2015 US$ per person | +8.2% |
| 1991 | 976.3 constant 2015 US$ per person | -4.3% |
| 1992 | 946.03 constant 2015 US$ per person | -3.1% |
| 1993 | 979.26 constant 2015 US$ per person | +3.5% |
| 1994 | 1,005 constant 2015 US$ per person | +2.6% |
| 1995 | 1,093 constant 2015 US$ per person | +8.7% |
| 1996 | 1,082 constant 2015 US$ per person | -1.0% |
| 1997 | 1,102 constant 2015 US$ per person | +1.9% |
| 1998 | 1,113 constant 2015 US$ per person | +1.0% |
| 1999 | 1,127 constant 2015 US$ per person | +1.3% |
| 2000 | 1,122 constant 2015 US$ per person | -0.5% |
| 2001 | 1,114 constant 2015 US$ per person | -0.7% |
| 2002 | 1,119 constant 2015 US$ per person | +0.4% |
| 2003 | 1,119 constant 2015 US$ per person | +0.0% |
| 2004 | 1,137 constant 2015 US$ per person | +1.6% |
| 2005 | 1,165 constant 2015 US$ per person | +2.5% |
| 2006 | 1,195 constant 2015 US$ per person | +2.6% |
| 2007 | 1,234 constant 2015 US$ per person | +3.2% |
| 2008 | 1,254 constant 2015 US$ per person | +1.7% |
| 2009 | 1,290 constant 2015 US$ per person | +2.8% |
| 2010 | 1,323 constant 2015 US$ per person | +2.5% |
| 2011 | 1,347 constant 2015 US$ per person | +1.9% |
| 2012 | 1,370 constant 2015 US$ per person | +1.7% |
| 2013 | 1,392 constant 2015 US$ per person | +1.6% |
| 2014 | 1,407 constant 2015 US$ per person | +1.1% |
| 2015 | 1,413 constant 2015 US$ per person | +0.4% |
| 2016 | 1,412 constant 2015 US$ per person | -0.0% |
| 2017 | 1,414 constant 2015 US$ per person | +0.1% |
| 2018 | 1,424 constant 2015 US$ per person | +0.7% |
| 2019 | 1,406 constant 2015 US$ per person | -1.3% |
| 2020 | 1,368 constant 2015 US$ per person | -2.7% |
| 2021 | 1,426 constant 2015 US$ per person | +4.2% |
| 2022 | 1,448 constant 2015 US$ per person | +1.6% |
| 2023 | 1,473 constant 2015 US$ per person | +1.7% |
| 2024 | 1,480 constant 2015 US$ per person | +0.5% |
| 2025 | 1,502 constant 2015 US$ per person | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 540.1 constant 2015 US$ per person | 478.39 constant 2015 US$ per person | 619.32 constant 2015 US$ per person | 10 |
| 1970s | 815.36 constant 2015 US$ per person | 649.34 constant 2015 US$ per person | 948.89 constant 2015 US$ per person | 10 |
| 1980s | 816.78 constant 2015 US$ per person | 742.96 constant 2015 US$ per person | 943.09 constant 2015 US$ per person | 10 |
| 1990s | 1,044 constant 2015 US$ per person | 946.03 constant 2015 US$ per person | 1,127 constant 2015 US$ per person | 10 |
| 2000s | 1,175 constant 2015 US$ per person | 1,114 constant 2015 US$ per person | 1,290 constant 2015 US$ per person | 10 |
| 2010s | 1,391 constant 2015 US$ per person | 1,323 constant 2015 US$ per person | 1,424 constant 2015 US$ per person | 10 |
| 2020s | 1,450 constant 2015 US$ per person | 1,368 constant 2015 US$ per person | 1,502 constant 2015 US$ per person | 6 |
Countries ranked near Latin America & Caribbean
- 10 Finland 11,822 constant 2015 US$ per person compare
- 11 Ireland 11,498 constant 2015 US$ per person compare
- 12 United States Virgin Islands 11,441 constant 2015 US$ per person compare
- 13 Qatar 11,170 constant 2015 US$ per person compare
- 14 Belgium 10,755 constant 2015 US$ per person compare
- 15 Switzerland 10,397 constant 2015 US$ per person compare
- 16 Canada 10,126 constant 2015 US$ per person compare
More economy & growth data for Latin America & Caribbean
- General government final consumption expenditure (constant 2015 US$) 2.15 % change on previous year (2025)
- Final consumption expenditure (current US$), per capita 9,089 current US$ per person (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8191 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), per unit of GDP 0.2615 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,410 constant 2015 US$ 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 (current US$) 0.6869 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1354 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.28 % change on previous year (2025)
Frequently asked questions
- What is general government final consumption expenditure (constant 2015 us$) in Latin America & Caribbean?
- General government final consumption expenditure (constant 2015 us$) in Latin America & Caribbean was 1,502 constant 2015 US$ per person in 2025, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant 2015 us$) recorded in Latin America & Caribbean?
- The highest recorded value was 1,502 constant 2015 US$ per person in 2025.
- What is the lowest general government final consumption expenditure (constant 2015 us$) recorded in Latin America & Caribbean?
- The lowest recorded value was 478.39 constant 2015 US$ per person in 1960.
- How does Latin America & Caribbean rank for general government final consumption expenditure (constant 2015 us$)?
- Latin America & Caribbean ranks 13th out of 33 groups with data for 2025.
- Is general government final consumption expenditure (constant 2015 us$) rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 6.3%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean data come from?
- The figures come from Statizoid (derived), published as part of General government final consumption expenditure (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
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CSV · JSON — 66 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
General government final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (constant 2015 US$) ÷ Population, total
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
General government final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.