General government final consumption expenditure in High income
High income: General government final consumption expenditure was 10.55 trillion constant 2015 US$ in 2024. ▲ Rising
General government final consumption expenditure in High income, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for general government final consumption expenditure in High income is 10.55 trillion constant 2015 US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 2.8% on the previous year and up 21.8% over ten years.
Over the whole period, general government final consumption expenditure in High income peaked at 10.55 trillion constant 2015 US$ in 2024 and was at its lowest, 3.49 trillion constant 2015 US$, in 1970.
That places High income 2nd out of 31 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
General government final consumption expenditure in High income, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 3.49 trillion constant 2015 US$ | — |
| 1971 | 3.60 trillion constant 2015 US$ | +3.0% |
| 1972 | 3.70 trillion constant 2015 US$ | +2.8% |
| 1973 | 3.80 trillion constant 2015 US$ | +2.6% |
| 1974 | 3.91 trillion constant 2015 US$ | +3.0% |
| 1975 | 4.09 trillion constant 2015 US$ | +4.6% |
| 1976 | 4.18 trillion constant 2015 US$ | +2.0% |
| 1977 | 4.27 trillion constant 2015 US$ | +2.2% |
| 1978 | 4.41 trillion constant 2015 US$ | +3.2% |
| 1979 | 4.50 trillion constant 2015 US$ | +2.2% |
| 1980 | 4.62 trillion constant 2015 US$ | +2.5% |
| 1981 | 4.74 trillion constant 2015 US$ | +2.7% |
| 1982 | 4.84 trillion constant 2015 US$ | +2.0% |
| 1983 | 4.96 trillion constant 2015 US$ | +2.5% |
| 1984 | 5.05 trillion constant 2015 US$ | +1.8% |
| 1985 | 5.22 trillion constant 2015 US$ | +3.3% |
| 1986 | 5.38 trillion constant 2015 US$ | +3.1% |
| 1987 | 5.51 trillion constant 2015 US$ | +2.5% |
| 1988 | 5.64 trillion constant 2015 US$ | +2.3% |
| 1989 | 5.76 trillion constant 2015 US$ | +2.3% |
| 1990 | 5.94 trillion constant 2015 US$ | +3.0% |
| 1991 | 6.05 trillion constant 2015 US$ | +1.8% |
| 1992 | 6.12 trillion constant 2015 US$ | +1.1% |
| 1993 | 6.16 trillion constant 2015 US$ | +0.7% |
| 1994 | 6.21 trillion constant 2015 US$ | +0.9% |
| 1995 | 6.28 trillion constant 2015 US$ | +1.1% |
| 1996 | 6.35 trillion constant 2015 US$ | +1.2% |
| 1997 | 6.44 trillion constant 2015 US$ | +1.4% |
| 1998 | 6.57 trillion constant 2015 US$ | +2.0% |
| 1999 | 6.75 trillion constant 2015 US$ | +2.8% |
| 2000 | 6.91 trillion constant 2015 US$ | +2.4% |
| 2001 | 7.11 trillion constant 2015 US$ | +2.8% |
| 2002 | 7.32 trillion constant 2015 US$ | +2.9% |
| 2003 | 7.47 trillion constant 2015 US$ | +2.0% |
| 2004 | 7.60 trillion constant 2015 US$ | +1.8% |
| 2005 | 7.72 trillion constant 2015 US$ | +1.5% |
| 2006 | 7.86 trillion constant 2015 US$ | +1.8% |
| 2007 | 8.01 trillion constant 2015 US$ | +2.0% |
| 2008 | 8.20 trillion constant 2015 US$ | +2.4% |
| 2009 | 8.46 trillion constant 2015 US$ | +3.1% |
| 2010 | 8.53 trillion constant 2015 US$ | +0.8% |
| 2011 | 8.52 trillion constant 2015 US$ | -0.1% |
| 2012 | 8.55 trillion constant 2015 US$ | +0.4% |
| 2013 | 8.58 trillion constant 2015 US$ | +0.3% |
| 2014 | 8.66 trillion constant 2015 US$ | +0.9% |
| 2015 | 8.78 trillion constant 2015 US$ | +1.4% |
| 2016 | 8.91 trillion constant 2015 US$ | +1.5% |
| 2017 | 9.01 trillion constant 2015 US$ | +1.1% |
| 2018 | 9.16 trillion constant 2015 US$ | +1.7% |
| 2019 | 9.42 trillion constant 2015 US$ | +2.8% |
| 2020 | 9.59 trillion constant 2015 US$ | +1.9% |
| 2021 | 9.95 trillion constant 2015 US$ | +3.7% |
| 2022 | 10.05 trillion constant 2015 US$ | +1.0% |
| 2023 | 10.26 trillion constant 2015 US$ | +2.1% |
| 2024 | 10.55 trillion constant 2015 US$ | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.99 trillion constant 2015 US$ | 3.49 trillion constant 2015 US$ | 4.50 trillion constant 2015 US$ | 10 |
| 1980s | 5.17 trillion constant 2015 US$ | 4.62 trillion constant 2015 US$ | 5.76 trillion constant 2015 US$ | 10 |
| 1990s | 6.29 trillion constant 2015 US$ | 5.94 trillion constant 2015 US$ | 6.75 trillion constant 2015 US$ | 10 |
| 2000s | 7.67 trillion constant 2015 US$ | 6.91 trillion constant 2015 US$ | 8.46 trillion constant 2015 US$ | 10 |
| 2010s | 8.81 trillion constant 2015 US$ | 8.52 trillion constant 2015 US$ | 9.42 trillion constant 2015 US$ | 10 |
| 2020s | 10.08 trillion constant 2015 US$ | 9.59 trillion constant 2015 US$ | 10.55 trillion constant 2015 US$ | 5 |
Countries ranked near High income
- 1 United States 3.03 trillion constant 2015 US$ compare
- 2 Japan 999.41 billion constant 2015 US$ compare
- 3 Germany 833.98 billion constant 2015 US$ compare
- 4 United Kingdom 683.00 billion constant 2015 US$ compare
- 5 France 677.30 billion constant 2015 US$ compare
More economy & growth data for High income
- Manufacturing, value added 12.0% (2024)
- External balance on goods and services 0.9% (2025)
- Trade 60.5% (2024)
- Agriculture, forestry, and fishing, value added 717.59 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added -0.3% (2024)
- Trade in services 16.0% (2025)
- Manufacturing, value added 8.09 trillion constant 2015 US$ (2024)
- Services, value added 43.80 trillion current US$ (2021)
- Industry (including construction), value added 21.3% (2024)
- Industry (including construction), value added -0.3% (2024)
Frequently asked questions
- What is general government final consumption expenditure in High income?
- General government final consumption expenditure in High income was 10.55 trillion constant 2015 US$ 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 High income?
- The highest recorded value was 10.55 trillion constant 2015 US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in High income?
- The lowest recorded value was 3.49 trillion constant 2015 US$ in 1970.
- How does High income rank for general government final consumption expenditure?
- High income ranks 2nd out of 31 groups with data for 2024.
- Is general government final consumption expenditure rising or falling in High income?
- Over the last ten years it is up 21.8%. The long-run trend across the full record is rising.
- Where does this High income 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.