General government final consumption expenditure in China (People’s Republic of)
China (People’s Republic of): General government final consumption expenditure was 22.52 trillion current LCU in 2024. ◆ Volatile
General government final consumption expenditure in China (People’s Republic of), 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 (People’s Republic of) 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 (People’s Republic of) peaked at 22.52 trillion current LCU in 2024 and was at its lowest, 15.00 billion current LCU, in 1962.
China (People’s Republic of) ranks 20th of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
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 (People’s Republic of)
- 17 Somalia 31.73 trillion current LCU compare
- 18 Uganda 26.59 trillion current LCU compare
- 19 Sudan 23.83 trillion current LCU compare
- 21 Tanzania, United Republic of 22.40 trillion current LCU compare
- 22 Hungary 18.12 trillion current LCU compare
- 23 Lao People's Democratic Republic 18.06 trillion current LCU compare
More economy & growth data for China (People’s Republic of)
- 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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1044 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 9.58 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 6.99 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.143 (2025)
- Gdp worldbank constant usd, annual growth rate 4.96 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.995 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 13,793 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure in China (People’s Republic of)?
- General government final consumption expenditure in China (People’s Republic of) 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 (People’s Republic of)?
- The highest recorded value was 22.52 trillion current LCU in 2024.
- What is the lowest general government final consumption expenditure recorded in China (People’s Republic of)?
- The lowest recorded value was 15.00 billion current LCU in 1962.
- How does China (People’s Republic of) rank for general government final consumption expenditure?
- China (People’s Republic of) ranks 20th out of 186 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in China (People’s Republic of)?
- Over the last ten years it is up 116.3%. The long-run trend across the full record is volatile.
- Where does this China (People’s Republic of) 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.