General government final consumption expenditure (constant 2015 US$) in Latin America & the Caribbean (IDA & IBRD countries)

Latin America & the Caribbean (IDA & IBRD countries): General government final consumption expenditure (constant 2015 US$) was 1,472 constant 2015 US$ per person in 2025. ▲ Rising

Latest (2025)
1,472 constant 2015 US$ per person
Change on year
up 1.5%
Rank
14th
of 33 groups
All-time high
1,472 constant 2015 US$ per person
in 2025
All-time low
471.71 constant 2015 US$ per person
in 1960
Years of data
66
1960–2025

General government final consumption expenditure (constant 2015 US$) in Latin America & the Caribbean (IDA & IBRD countries), 1960–2025

5007501.0k1.2k1.5k196019922025

Source: Statizoid (derived). Measured in constant 2015 US$ per person.

Analysis

In 2025, general government final consumption expenditure (constant 2015 us$) in Latin America & the Caribbean (IDA & IBRD countries) stood at 1,472 constant 2015 US$ per person. 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 6.7% over ten years.

Over the whole period, general government final consumption expenditure (constant 2015 us$) in Latin America & the Caribbean (IDA & IBRD countries) peaked at 1,472 constant 2015 US$ per person in 2025 and was at its lowest, 471.71 constant 2015 US$ per person, in 1960.

Latin America & the Caribbean (IDA & IBRD countries) ranks 14th 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 & the Caribbean (IDA & IBRD countries), year by year

Annual values for General government final consumption expenditure (constant 2015 US$), per capita in Latin America & the Caribbean (IDA & IBRD countries), 1960 to 2025.
Year constant 2015 US$ per person Change
1960 471.71 constant 2015 US$ per person
1961 493.41 constant 2015 US$ per person +4.6%
1962 501.93 constant 2015 US$ per person +1.7%
1963 523.56 constant 2015 US$ per person +4.3%
1964 516.37 constant 2015 US$ per person -1.4%
1965 520.59 constant 2015 US$ per person +0.8%
1966 535.75 constant 2015 US$ per person +2.9%
1967 560.21 constant 2015 US$ per person +4.6%
1968 581.45 constant 2015 US$ per person +3.8%
1969 606.5 constant 2015 US$ per person +4.3%
1970 634.09 constant 2015 US$ per person +4.5%
1971 677.48 constant 2015 US$ per person +6.8%
1972 717.4 constant 2015 US$ per person +5.9%
1973 771.23 constant 2015 US$ per person +7.5%
1974 782.91 constant 2015 US$ per person +1.5%
1975 853.22 constant 2015 US$ per person +9.0%
1976 889.83 constant 2015 US$ per person +4.3%
1977 853.17 constant 2015 US$ per person -4.1%
1978 882.59 constant 2015 US$ per person +3.4%
1979 930.59 constant 2015 US$ per person +5.4%
1980 717.74 constant 2015 US$ per person -22.9%
1981 731.68 constant 2015 US$ per person +1.9%
1982 752.12 constant 2015 US$ per person +2.8%
1983 730.08 constant 2015 US$ per person -2.9%
1984 715.3 constant 2015 US$ per person -2.0%
1985 762.95 constant 2015 US$ per person +6.7%
1986 800.39 constant 2015 US$ per person +4.9%
1987 841.56 constant 2015 US$ per person +5.1%
1988 846.29 constant 2015 US$ per person +0.6%
1989 906.33 constant 2015 US$ per person +7.1%
1990 987.42 constant 2015 US$ per person +8.9%
1991 947.89 constant 2015 US$ per person -4.0%
1992 919.62 constant 2015 US$ per person -3.0%
1993 955.27 constant 2015 US$ per person +3.9%
1994 982.66 constant 2015 US$ per person +2.9%
1995 1,073 constant 2015 US$ per person +9.2%
1996 1,059 constant 2015 US$ per person -1.3%
1997 1,078 constant 2015 US$ per person +1.7%
1998 1,089 constant 2015 US$ per person +1.1%
1999 1,102 constant 2015 US$ per person +1.1%
2000 1,096 constant 2015 US$ per person -0.5%
2001 1,087 constant 2015 US$ per person -0.8%
2002 1,090 constant 2015 US$ per person +0.3%
2003 1,088 constant 2015 US$ per person -0.1%
2004 1,104 constant 2015 US$ per person +1.4%
2005 1,128 constant 2015 US$ per person +2.2%
2006 1,156 constant 2015 US$ per person +2.5%
2007 1,191 constant 2015 US$ per person +3.0%
2008 1,212 constant 2015 US$ per person +1.8%
2009 1,248 constant 2015 US$ per person +2.9%
2010 1,281 constant 2015 US$ per person +2.7%
2011 1,308 constant 2015 US$ per person +2.1%
2012 1,333 constant 2015 US$ per person +1.9%
2013 1,355 constant 2015 US$ per person +1.7%
2014 1,370 constant 2015 US$ per person +1.1%
2015 1,379 constant 2015 US$ per person +0.6%
2016 1,380 constant 2015 US$ per person +0.1%
2017 1,379 constant 2015 US$ per person -0.0%
2018 1,389 constant 2015 US$ per person +0.7%
2019 1,367 constant 2015 US$ per person -1.6%
2020 1,334 constant 2015 US$ per person -2.4%
2021 1,385 constant 2015 US$ per person +3.9%
2022 1,408 constant 2015 US$ per person +1.6%
2023 1,439 constant 2015 US$ per person +2.2%
2024 1,451 constant 2015 US$ per person +0.8%
2025 1,472 constant 2015 US$ per person +1.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 531.15 constant 2015 US$ per person 471.71 constant 2015 US$ per person 606.5 constant 2015 US$ per person 10
1970s 799.25 constant 2015 US$ per person 634.09 constant 2015 US$ per person 930.59 constant 2015 US$ per person 10
1980s 780.44 constant 2015 US$ per person 715.3 constant 2015 US$ per person 906.33 constant 2015 US$ per person 10
1990s 1,019 constant 2015 US$ per person 919.62 constant 2015 US$ per person 1,102 constant 2015 US$ per person 10
2000s 1,140 constant 2015 US$ per person 1,087 constant 2015 US$ per person 1,248 constant 2015 US$ per person 10
2010s 1,354 constant 2015 US$ per person 1,281 constant 2015 US$ per person 1,389 constant 2015 US$ per person 10
2020s 1,415 constant 2015 US$ per person 1,334 constant 2015 US$ per person 1,472 constant 2015 US$ per person 6

Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)

  1. 11 Ireland 11,498 constant 2015 US$ per person compare
  2. 12 United States Virgin Islands 11,441 constant 2015 US$ per person compare
  3. 13 Qatar 11,170 constant 2015 US$ per person compare
  4. 14 Belgium 10,755 constant 2015 US$ per person compare
  5. 15 Switzerland 10,397 constant 2015 US$ per person compare
  6. 16 Canada 10,126 constant 2015 US$ per person compare
  7. 17 Israel 10,082 constant 2015 US$ per person compare

See the full ranking of 201 places →

More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)

All data for Latin America & the Caribbean (IDA & IBRD countries) →

Frequently asked questions

What is general government final consumption expenditure (constant 2015 us$) in Latin America & the Caribbean (IDA & IBRD countries)?
General government final consumption expenditure (constant 2015 us$) in Latin America & the Caribbean (IDA & IBRD countries) was 1,472 constant 2015 US$ per person in 2025, according to Statizoid (derived).
What is the highest general government final consumption expenditure (constant 2015 us$) recorded in Latin America & the Caribbean (IDA & IBRD countries)?
The highest recorded value was 1,472 constant 2015 US$ per person in 2025.
What is the lowest general government final consumption expenditure (constant 2015 us$) recorded in Latin America & the Caribbean (IDA & IBRD countries)?
The lowest recorded value was 471.71 constant 2015 US$ per person in 1960.
How does Latin America & the Caribbean (IDA & IBRD countries) rank for general government final consumption expenditure (constant 2015 us$)?
Latin America & the Caribbean (IDA & IBRD countries) ranks 14th out of 33 groups with data for 2025.
Is general government final consumption expenditure (constant 2015 us$) rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
Over the last ten years it is up 6.7%. The long-run trend across the full record is rising.
Where does this Latin America & the Caribbean (IDA & IBRD countries) 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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General government final consumption expenditure (constant 2015 US$) in Latin America & the Caribbean (IDA & IBRD countries). Statizoid, drawing on Statizoid (derived). Retrieved 13 September 2026, from https://economy.statizoid.com/stat/general-government-final-consumption-expenditure-constant-2015-us-per-capita/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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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

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$), per capita
Unit
constant 2015 US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
201 places, 8,621 data points, 1960–2025
Last refreshed

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.