General government final consumption expenditure (current LCU) in China
China: General government final consumption expenditure (current LCU) was 22.52 trillion current LCU in 2024. ◆ Volatile
General government final consumption expenditure in China, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for general government final consumption expenditure in China is 22.52 trillion current LCU, measured in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 1.2% on the previous year and up 116.3% over ten years.
Over the whole period, general government final consumption expenditure in China peaked at 22.52 trillion current LCU in 2024 and was at its lowest, 15.00 billion current LCU, in 1962.
China ranks 20th of 187 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure (current LCU) in China, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 18.61 billion current LCU | — |
| 1961 | 17.88 billion current LCU | -3.9% |
| 1962 | 15.00 billion current LCU | -16.1% |
| 1963 | 17.16 billion current LCU | +14.4% |
| 1964 | 18.93 billion current LCU | +10.3% |
| 1965 | 20.75 billion current LCU | +9.6% |
| 1966 | 23.16 billion current LCU | +11.6% |
| 1967 | 19.88 billion current LCU | -14.2% |
| 1968 | 19.73 billion current LCU | -0.8% |
| 1969 | 23.38 billion current LCU | +18.5% |
| 1970 | 25.35 billion current LCU | +8.4% |
| 1971 | 29.49 billion current LCU | +16.3% |
| 1972 | 31.07 billion current LCU | +5.4% |
| 1973 | 32.08 billion current LCU | +3.3% |
| 1974 | 34.53 billion current LCU | +7.6% |
| 1975 | 36.06 billion current LCU | +4.4% |
| 1976 | 38.37 billion current LCU | +6.4% |
| 1977 | 41.30 billion current LCU | +7.6% |
| 1978 | 48.06 billion current LCU | +16.4% |
| 1979 | 57.18 billion current LCU | +19.0% |
| 1980 | 63.89 billion current LCU | +11.7% |
| 1981 | 65.95 billion current LCU | +3.2% |
| 1982 | 71.99 billion current LCU | +9.2% |
| 1983 | 85.19 billion current LCU | +18.3% |
| 1984 | 111.10 billion current LCU | +30.4% |
| 1985 | 131.02 billion current LCU | +17.9% |
| 1986 | 145.63 billion current LCU | +11.2% |
| 1987 | 161.74 billion current LCU | +11.1% |
| 1988 | 192.33 billion current LCU | +18.9% |
| 1989 | 229.60 billion current LCU | +19.4% |
| 1990 | 261.41 billion current LCU | +13.9% |
| 1991 | 312.64 billion current LCU | +19.6% |
| 1992 | 398.31 billion current LCU | +27.4% |
| 1993 | 519.67 billion current LCU | +30.5% |
| 1994 | 695.97 billion current LCU | +33.9% |
| 1995 | 829.47 billion current LCU | +19.2% |
| 1996 | 963.68 billion current LCU | +16.2% |
| 1997 | 1.12 trillion current LCU | +15.8% |
| 1998 | 1.30 trillion current LCU | +16.2% |
| 1999 | 1.51 trillion current LCU | +16.4% |
| 2000 | 1.72 trillion current LCU | +14.0% |
| 2001 | 1.86 trillion current LCU | +8.0% |
| 2002 | 2.00 trillion current LCU | +7.7% |
| 2003 | 2.16 trillion current LCU | +7.7% |
| 2004 | 2.43 trillion current LCU | +12.6% |
| 2005 | 2.84 trillion current LCU | +17.2% |
| 2006 | 3.35 trillion current LCU | +17.6% |
| 2007 | 4.07 trillion current LCU | +21.6% |
| 2008 | 4.78 trillion current LCU | +17.4% |
| 2009 | 5.32 trillion current LCU | +11.3% |
| 2010 | 6.22 trillion current LCU | +17.0% |
| 2011 | 7.69 trillion current LCU | +23.6% |
| 2012 | 8.71 trillion current LCU | +13.3% |
| 2013 | 9.63 trillion current LCU | +10.5% |
| 2014 | 10.41 trillion current LCU | +8.2% |
| 2015 | 11.42 trillion current LCU | +9.7% |
| 2016 | 12.48 trillion current LCU | +9.3% |
| 2017 | 13.98 trillion current LCU | +12.0% |
| 2018 | 15.76 trillion current LCU | +12.7% |
| 2019 | 17.25 trillion current LCU | +9.5% |
| 2020 | 18.22 trillion current LCU | +5.6% |
| 2021 | 19.19 trillion current LCU | +5.4% |
| 2022 | 20.56 trillion current LCU | +7.1% |
| 2023 | 22.25 trillion current LCU | +8.2% |
| 2024 | 22.52 trillion current LCU | +1.2% |
China compared with similar countries
- China's 22.52 trillion current LCU is above the median for upper middle income countries, which is 259.76 billion current LCU, 86.7× the median. (52 countries reporting)
- China's 22.52 trillion current LCU is above the median for East Asia & Pacific, which is 223.30 billion current LCU, 100.9× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.45 billion current LCU | 15.00 billion current LCU | 23.38 billion current LCU | 10 |
| 1970s | 37.35 billion current LCU | 25.35 billion current LCU | 57.18 billion current LCU | 10 |
| 1980s | 125.84 billion current LCU | 63.89 billion current LCU | 229.60 billion current LCU | 10 |
| 1990s | 790.19 billion current LCU | 261.41 billion current LCU | 1.51 trillion current LCU | 10 |
| 2000s | 3.05 trillion current LCU | 1.72 trillion current LCU | 5.32 trillion current LCU | 10 |
| 2010s | 11.36 trillion current LCU | 6.22 trillion current LCU | 17.25 trillion current LCU | 10 |
| 2020s | 20.55 trillion current LCU | 18.22 trillion current LCU | 22.52 trillion current LCU | 5 |
Countries ranked near China
More economy & growth data for China
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.46 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.31 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.95 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0029 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 39.69 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.8948 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0021 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 28.98 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 1.91 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure in China?
- General government final consumption expenditure in China was 22.52 trillion current LCU 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 China?
- The highest recorded value was 22.52 trillion current LCU in 2024.
- What is the lowest general government final consumption expenditure recorded in China?
- The lowest recorded value was 15.00 billion current LCU in 1962.
- How does China rank for general government final consumption expenditure?
- China ranks 20th out of 187 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in China?
- Over the last ten years it is up 116.3%. The long-run trend across the full record is volatile.
- Where does this China 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 (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.