General government final consumption expenditure in Latin America & Caribbean
Latin America & Caribbean: General government final consumption expenditure was 1.00 trillion constant 2015 US$ in 2025. ◆ Volatile
General government final consumption expenditure in Latin America & Caribbean, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for general government final consumption expenditure in Latin America & Caribbean is 1.00 trillion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 2.1% on the previous year and up 14.5% over ten years.
Over the whole period, general government final consumption expenditure in Latin America & Caribbean peaked at 1.00 trillion constant 2015 US$ in 2025 and was at its lowest, 104.59 billion constant 2015 US$, in 1960.
That places Latin America & Caribbean 10th out of 33 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in Latin America & Caribbean, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 104.59 billion constant 2015 US$ | — |
| 1961 | 112.50 billion constant 2015 US$ | +7.6% |
| 1962 | 117.69 billion constant 2015 US$ | +4.6% |
| 1963 | 126.22 billion constant 2015 US$ | +7.3% |
| 1964 | 127.98 billion constant 2015 US$ | +1.4% |
| 1965 | 132.72 billion constant 2015 US$ | +3.7% |
| 1966 | 140.33 billion constant 2015 US$ | +5.7% |
| 1967 | 150.74 billion constant 2015 US$ | +7.4% |
| 1968 | 160.75 billion constant 2015 US$ | +6.6% |
| 1969 | 172.19 billion constant 2015 US$ | +7.1% |
| 1970 | 185.06 billion constant 2015 US$ | +7.5% |
| 1971 | 202.88 billion constant 2015 US$ | +9.6% |
| 1972 | 219.34 billion constant 2015 US$ | +8.1% |
| 1973 | 240.91 billion constant 2015 US$ | +9.8% |
| 1974 | 249.91 billion constant 2015 US$ | +3.7% |
| 1975 | 278.62 billion constant 2015 US$ | +11.5% |
| 1976 | 296.94 billion constant 2015 US$ | +6.6% |
| 1977 | 293.17 billion constant 2015 US$ | -1.3% |
| 1978 | 310.40 billion constant 2015 US$ | +5.9% |
| 1979 | 333.84 billion constant 2015 US$ | +7.6% |
| 1980 | 267.25 billion constant 2015 US$ | -19.9% |
| 1981 | 281.07 billion constant 2015 US$ | +5.2% |
| 1982 | 295.36 billion constant 2015 US$ | +5.1% |
| 1983 | 294.46 billion constant 2015 US$ | -0.3% |
| 1984 | 296.74 billion constant 2015 US$ | +0.8% |
| 1985 | 321.78 billion constant 2015 US$ | +8.4% |
| 1986 | 342.59 billion constant 2015 US$ | +6.5% |
| 1987 | 365.40 billion constant 2015 US$ | +6.7% |
| 1988 | 375.50 billion constant 2015 US$ | +2.8% |
| 1989 | 408.10 billion constant 2015 US$ | +8.7% |
| 1990 | 449.86 billion constant 2015 US$ | +10.2% |
| 1991 | 438.48 billion constant 2015 US$ | -2.5% |
| 1992 | 432.57 billion constant 2015 US$ | -1.3% |
| 1993 | 455.68 billion constant 2015 US$ | +5.3% |
| 1994 | 475.67 billion constant 2015 US$ | +4.4% |
| 1995 | 526.01 billion constant 2015 US$ | +10.6% |
| 1996 | 529.17 billion constant 2015 US$ | +0.6% |
| 1997 | 547.85 billion constant 2015 US$ | +3.5% |
| 1998 | 562.13 billion constant 2015 US$ | +2.6% |
| 1999 | 577.98 billion constant 2015 US$ | +2.8% |
| 2000 | 583.65 billion constant 2015 US$ | +1.0% |
| 2001 | 587.78 billion constant 2015 US$ | +0.7% |
| 2002 | 598.26 billion constant 2015 US$ | +1.8% |
| 2003 | 606.27 billion constant 2015 US$ | +1.3% |
| 2004 | 623.63 billion constant 2015 US$ | +2.9% |
| 2005 | 646.98 billion constant 2015 US$ | +3.7% |
| 2006 | 671.48 billion constant 2015 US$ | +3.8% |
| 2007 | 701.21 billion constant 2015 US$ | +4.4% |
| 2008 | 721.13 billion constant 2015 US$ | +2.8% |
| 2009 | 750.00 billion constant 2015 US$ | +4.0% |
| 2010 | 777.36 billion constant 2015 US$ | +3.6% |
| 2011 | 800.31 billion constant 2015 US$ | +3.0% |
| 2012 | 822.72 billion constant 2015 US$ | +2.8% |
| 2013 | 844.35 billion constant 2015 US$ | +2.6% |
| 2014 | 862.06 billion constant 2015 US$ | +2.1% |
| 2015 | 874.37 billion constant 2015 US$ | +1.4% |
| 2016 | 882.39 billion constant 2015 US$ | +0.9% |
| 2017 | 891.53 billion constant 2015 US$ | +1.0% |
| 2018 | 905.61 billion constant 2015 US$ | +1.6% |
| 2019 | 901.09 billion constant 2015 US$ | -0.5% |
| 2020 | 883.36 billion constant 2015 US$ | -2.0% |
| 2021 | 925.63 billion constant 2015 US$ | +4.8% |
| 2022 | 945.88 billion constant 2015 US$ | +2.2% |
| 2023 | 968.59 billion constant 2015 US$ | +2.4% |
| 2024 | 980.32 billion constant 2015 US$ | +1.2% |
| 2025 | 1.00 trillion constant 2015 US$ | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 134.57 billion constant 2015 US$ | 104.59 billion constant 2015 US$ | 172.19 billion constant 2015 US$ | 10 |
| 1970s | 261.11 billion constant 2015 US$ | 185.06 billion constant 2015 US$ | 333.84 billion constant 2015 US$ | 10 |
| 1980s | 324.82 billion constant 2015 US$ | 267.25 billion constant 2015 US$ | 408.10 billion constant 2015 US$ | 10 |
| 1990s | 499.54 billion constant 2015 US$ | 432.57 billion constant 2015 US$ | 577.98 billion constant 2015 US$ | 10 |
| 2000s | 649.04 billion constant 2015 US$ | 583.65 billion constant 2015 US$ | 750.00 billion constant 2015 US$ | 10 |
| 2010s | 856.18 billion constant 2015 US$ | 777.36 billion constant 2015 US$ | 905.61 billion constant 2015 US$ | 10 |
| 2020s | 950.86 billion constant 2015 US$ | 883.36 billion constant 2015 US$ | 1.00 trillion constant 2015 US$ | 6 |
Countries ranked near Latin America & Caribbean
- 7 Australia 418.83 billion constant 2015 US$ compare
- 8 Brazil 394.09 billion constant 2015 US$ compare
- 9 Italy 381.64 billion constant 2015 US$ compare
- 10 India 341.19 billion constant 2015 US$ compare
- 11 Republic of Korea 332.27 billion constant 2015 US$ compare
- 12 Russian Federation 300.49 billion constant 2015 US$ compare
- 13 Spain 293.91 billion constant 2015 US$ compare
More economy & growth data for Latin America & Caribbean
- Industry (including construction), value added 1.2% (2025)
- Agriculture, forestry, and fishing, value added 363.36 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 7.1% (2025)
- Services, value added (constant 2015 US$), per capita 6,555 constant 2015 US$ per person (2025)
- Manufacturing, value added 957.00 billion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.22 % change on previous year (2025)
- Industry (including construction), value added 2.24 trillion current US$ (2025)
- Industry (including construction), value added 1.67 trillion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 10,278 current US$ per person (2025)
- Services, value added 68.2% (2025)
Frequently asked questions
- What is general government final consumption expenditure in Latin America & Caribbean?
- General government final consumption expenditure in Latin America & Caribbean was 1.00 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Latin America & Caribbean?
- The highest recorded value was 1.00 trillion constant 2015 US$ in 2025.
- What is the lowest general government final consumption expenditure recorded in Latin America & Caribbean?
- The lowest recorded value was 104.59 billion constant 2015 US$ in 1960.
- How does Latin America & Caribbean rank for general government final consumption expenditure?
- Latin America & Caribbean ranks 10th out of 33 groups with data for 2025.
- Is general government final consumption expenditure rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 14.5%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean 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.
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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 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.