General government final consumption expenditure (constant 2015 US$) in World
World: General government final consumption expenditure (constant 2015 US$) was 15.31 trillion constant 2015 US$ in 2024. ▲ Rising
General government final consumption expenditure in World, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
World recorded 15.31 trillion constant 2015 US$ for general government final consumption expenditure in 2024. That is the highest value across all 55 years on record.
The figure is up 2.8% on the previous year and up 22.5% over ten years.
Over the whole period, general government final consumption expenditure in World peaked at 15.31 trillion constant 2015 US$ in 2024 and was at its lowest, 4.57 trillion constant 2015 US$, in 1970.
That places World 1st out of 33 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
General government final consumption expenditure (constant 2015 US$) in World, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 4.57 trillion constant 2015 US$ | — |
| 1971 | 4.73 trillion constant 2015 US$ | +3.5% |
| 1972 | 4.89 trillion constant 2015 US$ | +3.2% |
| 1973 | 5.04 trillion constant 2015 US$ | +3.1% |
| 1974 | 5.22 trillion constant 2015 US$ | +3.5% |
| 1975 | 5.50 trillion constant 2015 US$ | +5.5% |
| 1976 | 5.65 trillion constant 2015 US$ | +2.6% |
| 1977 | 5.76 trillion constant 2015 US$ | +2.0% |
| 1978 | 5.95 trillion constant 2015 US$ | +3.3% |
| 1979 | 6.11 trillion constant 2015 US$ | +2.6% |
| 1980 | 6.18 trillion constant 2015 US$ | +1.2% |
| 1981 | 6.36 trillion constant 2015 US$ | +2.9% |
| 1982 | 6.50 trillion constant 2015 US$ | +2.3% |
| 1983 | 6.65 trillion constant 2015 US$ | +2.4% |
| 1984 | 6.77 trillion constant 2015 US$ | +1.7% |
| 1985 | 7.01 trillion constant 2015 US$ | +3.6% |
| 1986 | 7.23 trillion constant 2015 US$ | +3.0% |
| 1987 | 7.42 trillion constant 2015 US$ | +2.7% |
| 1988 | 7.59 trillion constant 2015 US$ | +2.3% |
| 1989 | 7.80 trillion constant 2015 US$ | +2.7% |
| 1990 | 8.07 trillion constant 2015 US$ | +3.5% |
| 1991 | 8.20 trillion constant 2015 US$ | +1.7% |
| 1992 | 8.29 trillion constant 2015 US$ | +1.0% |
| 1993 | 8.38 trillion constant 2015 US$ | +1.1% |
| 1994 | 8.46 trillion constant 2015 US$ | +0.9% |
| 1995 | 8.61 trillion constant 2015 US$ | +1.7% |
| 1996 | 8.71 trillion constant 2015 US$ | +1.2% |
| 1997 | 8.85 trillion constant 2015 US$ | +1.7% |
| 1998 | 9.04 trillion constant 2015 US$ | +2.1% |
| 1999 | 9.29 trillion constant 2015 US$ | +2.8% |
| 2000 | 9.51 trillion constant 2015 US$ | +2.4% |
| 2001 | 9.77 trillion constant 2015 US$ | +2.7% |
| 2002 | 10.05 trillion constant 2015 US$ | +2.9% |
| 2003 | 10.27 trillion constant 2015 US$ | +2.1% |
| 2004 | 10.49 trillion constant 2015 US$ | +2.1% |
| 2005 | 10.69 trillion constant 2015 US$ | +1.9% |
| 2006 | 10.93 trillion constant 2015 US$ | +2.3% |
| 2007 | 11.19 trillion constant 2015 US$ | +2.4% |
| 2008 | 11.49 trillion constant 2015 US$ | +2.7% |
| 2009 | 11.90 trillion constant 2015 US$ | +3.5% |
| 2010 | 12.04 trillion constant 2015 US$ | +1.2% |
| 2011 | 12.13 trillion constant 2015 US$ | +0.7% |
| 2012 | 12.24 trillion constant 2015 US$ | +0.9% |
| 2013 | 12.34 trillion constant 2015 US$ | +0.8% |
| 2014 | 12.49 trillion constant 2015 US$ | +1.2% |
| 2015 | 12.68 trillion constant 2015 US$ | +1.5% |
| 2016 | 12.89 trillion constant 2015 US$ | +1.6% |
| 2017 | 13.07 trillion constant 2015 US$ | +1.4% |
| 2018 | 13.33 trillion constant 2015 US$ | +2.0% |
| 2019 | 13.69 trillion constant 2015 US$ | +2.7% |
| 2020 | 13.89 trillion constant 2015 US$ | +1.5% |
| 2021 | 14.41 trillion constant 2015 US$ | +3.7% |
| 2022 | 14.59 trillion constant 2015 US$ | +1.3% |
| 2023 | 14.89 trillion constant 2015 US$ | +2.0% |
| 2024 | 15.31 trillion constant 2015 US$ | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.34 trillion constant 2015 US$ | 4.57 trillion constant 2015 US$ | 6.11 trillion constant 2015 US$ | 10 |
| 1980s | 6.95 trillion constant 2015 US$ | 6.18 trillion constant 2015 US$ | 7.80 trillion constant 2015 US$ | 10 |
| 1990s | 8.59 trillion constant 2015 US$ | 8.07 trillion constant 2015 US$ | 9.29 trillion constant 2015 US$ | 10 |
| 2000s | 10.63 trillion constant 2015 US$ | 9.51 trillion constant 2015 US$ | 11.90 trillion constant 2015 US$ | 10 |
| 2010s | 12.69 trillion constant 2015 US$ | 12.04 trillion constant 2015 US$ | 13.69 trillion constant 2015 US$ | 10 |
| 2020s | 14.62 trillion constant 2015 US$ | 13.89 trillion constant 2015 US$ | 15.31 trillion constant 2015 US$ | 5 |
Countries ranked near World
- 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
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- SDRs holdings, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0076 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 110.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0002 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0056 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 80.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.2 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0052 units per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure in World?
- General government final consumption expenditure in World was 15.31 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 World?
- The highest recorded value was 15.31 trillion constant 2015 US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in World?
- The lowest recorded value was 4.57 trillion constant 2015 US$ in 1970.
- How does World rank for general government final consumption expenditure?
- World ranks 1st out of 33 groups with data for 2024.
- Is general government final consumption expenditure rising or falling in World?
- Over the last ten years it is up 22.5%. The long-run trend across the full record is rising.
- Where does this World 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.