General government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): General government final consumption expenditure was 958.95 billion constant 2015 US$ in 2025. ◆ Volatile
General government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries), 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 958.95 billion constant 2015 US$ for general government final consumption expenditure in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 2.2% on the previous year and up 15.3% over ten years.
Over the whole period, general government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) peaked at 958.95 billion constant 2015 US$ in 2025 and was at its lowest, 98.43 billion constant 2015 US$, in 1960.
Latin America & the Caribbean (IDA & IBRD countries) ranks 11th of 33 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 98.43 billion constant 2015 US$ | — |
| 1961 | 105.88 billion constant 2015 US$ | +7.6% |
| 1962 | 110.76 billion constant 2015 US$ | +4.6% |
| 1963 | 118.80 billion constant 2015 US$ | +7.3% |
| 1964 | 120.45 billion constant 2015 US$ | +1.4% |
| 1965 | 124.79 billion constant 2015 US$ | +3.6% |
| 1966 | 131.92 billion constant 2015 US$ | +5.7% |
| 1967 | 141.64 billion constant 2015 US$ | +7.4% |
| 1968 | 150.88 billion constant 2015 US$ | +6.5% |
| 1969 | 161.46 billion constant 2015 US$ | +7.0% |
| 1970 | 173.08 billion constant 2015 US$ | +7.2% |
| 1971 | 189.55 billion constant 2015 US$ | +9.5% |
| 1972 | 205.70 billion constant 2015 US$ | +8.5% |
| 1973 | 226.57 billion constant 2015 US$ | +10.1% |
| 1974 | 235.61 billion constant 2015 US$ | +4.0% |
| 1975 | 262.94 billion constant 2015 US$ | +11.6% |
| 1976 | 280.73 billion constant 2015 US$ | +6.8% |
| 1977 | 275.54 billion constant 2015 US$ | -1.9% |
| 1978 | 291.77 billion constant 2015 US$ | +5.9% |
| 1979 | 314.82 billion constant 2015 US$ | +7.9% |
| 1980 | 248.41 billion constant 2015 US$ | -21.1% |
| 1981 | 258.96 billion constant 2015 US$ | +4.2% |
| 1982 | 272.09 billion constant 2015 US$ | +5.1% |
| 1983 | 269.93 billion constant 2015 US$ | -0.8% |
| 1984 | 270.22 billion constant 2015 US$ | +0.1% |
| 1985 | 294.37 billion constant 2015 US$ | +8.9% |
| 1986 | 315.24 billion constant 2015 US$ | +7.1% |
| 1987 | 338.22 billion constant 2015 US$ | +7.3% |
| 1988 | 346.93 billion constant 2015 US$ | +2.6% |
| 1989 | 378.85 billion constant 2015 US$ | +9.2% |
| 1990 | 420.73 billion constant 2015 US$ | +11.1% |
| 1991 | 411.51 billion constant 2015 US$ | -2.2% |
| 1992 | 406.61 billion constant 2015 US$ | -1.2% |
| 1993 | 430.00 billion constant 2015 US$ | +5.8% |
| 1994 | 450.10 billion constant 2015 US$ | +4.7% |
| 1995 | 499.91 billion constant 2015 US$ | +11.1% |
| 1996 | 501.95 billion constant 2015 US$ | +0.4% |
| 1997 | 519.03 billion constant 2015 US$ | +3.4% |
| 1998 | 533.09 billion constant 2015 US$ | +2.7% |
| 1999 | 547.65 billion constant 2015 US$ | +2.7% |
| 2000 | 553.20 billion constant 2015 US$ | +1.0% |
| 2001 | 556.44 billion constant 2015 US$ | +0.6% |
| 2002 | 565.60 billion constant 2015 US$ | +1.6% |
| 2003 | 572.28 billion constant 2015 US$ | +1.2% |
| 2004 | 587.88 billion constant 2015 US$ | +2.7% |
| 2005 | 608.43 billion constant 2015 US$ | +3.5% |
| 2006 | 630.99 billion constant 2015 US$ | +3.7% |
| 2007 | 657.98 billion constant 2015 US$ | +4.3% |
| 2008 | 677.56 billion constant 2015 US$ | +3.0% |
| 2009 | 705.51 billion constant 2015 US$ | +4.1% |
| 2010 | 732.51 billion constant 2015 US$ | +3.8% |
| 2011 | 756.00 billion constant 2015 US$ | +3.2% |
| 2012 | 779.00 billion constant 2015 US$ | +3.0% |
| 2013 | 800.72 billion constant 2015 US$ | +2.8% |
| 2014 | 818.07 billion constant 2015 US$ | +2.2% |
| 2015 | 831.69 billion constant 2015 US$ | +1.7% |
| 2016 | 840.33 billion constant 2015 US$ | +1.0% |
| 2017 | 848.07 billion constant 2015 US$ | +0.9% |
| 2018 | 861.55 billion constant 2015 US$ | +1.6% |
| 2019 | 855.15 billion constant 2015 US$ | -0.7% |
| 2020 | 840.34 billion constant 2015 US$ | -1.7% |
| 2021 | 878.04 billion constant 2015 US$ | +4.5% |
| 2022 | 897.98 billion constant 2015 US$ | +2.3% |
| 2023 | 924.51 billion constant 2015 US$ | +3.0% |
| 2024 | 938.60 billion constant 2015 US$ | +1.5% |
| 2025 | 958.95 billion constant 2015 US$ | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 126.50 billion constant 2015 US$ | 98.43 billion constant 2015 US$ | 161.46 billion constant 2015 US$ | 10 |
| 1970s | 245.63 billion constant 2015 US$ | 173.08 billion constant 2015 US$ | 314.82 billion constant 2015 US$ | 10 |
| 1980s | 299.32 billion constant 2015 US$ | 248.41 billion constant 2015 US$ | 378.85 billion constant 2015 US$ | 10 |
| 1990s | 472.06 billion constant 2015 US$ | 406.61 billion constant 2015 US$ | 547.65 billion constant 2015 US$ | 10 |
| 2000s | 611.59 billion constant 2015 US$ | 553.20 billion constant 2015 US$ | 705.51 billion constant 2015 US$ | 10 |
| 2010s | 812.31 billion constant 2015 US$ | 732.51 billion constant 2015 US$ | 861.55 billion constant 2015 US$ | 10 |
| 2020s | 906.40 billion constant 2015 US$ | 840.34 billion constant 2015 US$ | 958.95 billion constant 2015 US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 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 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
- 14 Netherlands 241.95 billion constant 2015 US$ compare
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.157 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is general government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries)?
- General government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) was 958.95 billion 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 958.95 billion constant 2015 US$ in 2025.
- What is the lowest general government final consumption expenditure recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 98.43 billion constant 2015 US$ in 1960.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for general government final consumption expenditure?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 11th out of 33 groups with data for 2025.
- Is general government final consumption expenditure rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 15.3%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.