General government final consumption expenditure (current US$) in Low & middle income
Low & middle income: General government final consumption expenditure (current US$) was 2.41 % change on previous year in 2024. ◆ Volatile
Latest (2024)
2.41 % change on previous year
Change on year
down 55.4%
Rank
32nd
of 43 groups
All-time high
28.62 % change on previous year
in 1974
All-time low
-5.04 % change on previous year
in 1991
Years of data
64
1961–2024
General government final consumption expenditure (current US$) in Low & middle income, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for general government final consumption expenditure (current us$) in Low & middle income is 2.41 % change on previous year, measured in 2024.
That represents a change of down 55.4% on the previous year and down 48.8% over ten years.
Over the whole period, general government final consumption expenditure (current us$) in Low & middle income peaked at 28.62 % change on previous year in 1974 and was at its lowest, -5.04 % change on previous year, in 1991.
Low & middle income ranks 32nd of 43 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure (current US$) in Low & middle income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 2.11 % change on previous year | — |
| 1962 | 3.15 % change on previous year | +49.2% |
| 1963 | 14.36 % change on previous year | +355.6% |
| 1964 | 6.73 % change on previous year | -53.2% |
| 1965 | 11.14 % change on previous year | +65.6% |
| 1966 | 8.93 % change on previous year | -19.8% |
| 1967 | -1.26 % change on previous year | -114.1% |
| 1968 | 7.94 % change on previous year | -729.4% |
| 1969 | 13.04 % change on previous year | +64.1% |
| 1970 | 11.42 % change on previous year | -12.4% |
| 1971 | 14.89 % change on previous year | +30.4% |
| 1972 | 13.06 % change on previous year | -12.3% |
| 1973 | 24.27 % change on previous year | +85.8% |
| 1974 | 28.62 % change on previous year | +17.9% |
| 1975 | 17.48 % change on previous year | -38.9% |
| 1976 | 9.47 % change on previous year | -45.8% |
| 1977 | 9.64 % change on previous year | +1.8% |
| 1978 | 14.78 % change on previous year | +53.3% |
| 1979 | 14.69 % change on previous year | -0.6% |
| 1980 | 15.81 % change on previous year | +7.6% |
| 1981 | 10.15 % change on previous year | -35.8% |
| 1982 | 2.8 % change on previous year | -72.4% |
| 1983 | -1.73 % change on previous year | -161.8% |
| 1984 | 1.41 % change on previous year | -181.5% |
| 1985 | 5.93 % change on previous year | +321.0% |
| 1986 | 6.73 % change on previous year | +13.4% |
| 1987 | 1.15 % change on previous year | -82.9% |
| 1988 | 5.68 % change on previous year | +395.1% |
| 1989 | 9.34 % change on previous year | +64.4% |
| 1990 | 10.81 % change on previous year | +15.7% |
| 1991 | -5.04 % change on previous year | -146.6% |
| 1992 | 5.24 % change on previous year | -204.0% |
| 1993 | 12.23 % change on previous year | +133.5% |
| 1994 | 11.4 % change on previous year | -6.8% |
| 1995 | 18.49 % change on previous year | +62.2% |
| 1996 | 7.67 % change on previous year | -58.5% |
| 1997 | 7.85 % change on previous year | +2.4% |
| 1998 | 2.1 % change on previous year | -73.2% |
| 1999 | -0.9801 % change on previous year | -146.6% |
| 2000 | 6.38 % change on previous year | -750.6% |
| 2001 | 1.23 % change on previous year | -80.8% |
| 2002 | 0.8685 % change on previous year | -29.1% |
| 2003 | 10.33 % change on previous year | +1089.8% |
| 2004 | 14.72 % change on previous year | +42.5% |
| 2005 | 18.4 % change on previous year | +25.0% |
| 2006 | 17.67 % change on previous year | -3.9% |
| 2007 | 23.34 % change on previous year | +32.1% |
| 2008 | 20.42 % change on previous year | -12.5% |
| 2009 | 7.03 % change on previous year | -65.6% |
| 2010 | 18.58 % change on previous year | +164.5% |
| 2011 | 21.29 % change on previous year | +14.6% |
| 2012 | 7.34 % change on previous year | -65.5% |
| 2013 | 6.88 % change on previous year | -6.3% |
| 2014 | 4.7 % change on previous year | -31.7% |
| 2015 | -1.27 % change on previous year | -127.1% |
| 2016 | 1.55 % change on previous year | -222.2% |
| 2017 | 9.41 % change on previous year | +505.9% |
| 2018 | 6.93 % change on previous year | -26.4% |
| 2019 | 3.66 % change on previous year | -47.2% |
| 2020 | 0.8674 % change on previous year | -76.3% |
| 2021 | 10.4 % change on previous year | +1099.4% |
| 2022 | 4.68 % change on previous year | -55.0% |
| 2023 | 5.39 % change on previous year | +15.2% |
| 2024 | 2.41 % change on previous year | -55.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.35 % change on previous year | -1.26 % change on previous year | 14.36 % change on previous year | 9 |
| 1970s | 15.83 % change on previous year | 9.47 % change on previous year | 28.62 % change on previous year | 10 |
| 1980s | 5.73 % change on previous year | -1.73 % change on previous year | 15.81 % change on previous year | 10 |
| 1990s | 6.98 % change on previous year | -5.04 % change on previous year | 18.49 % change on previous year | 10 |
| 2000s | 12.04 % change on previous year | 0.8685 % change on previous year | 23.34 % change on previous year | 10 |
| 2010s | 7.91 % change on previous year | -1.27 % change on previous year | 21.29 % change on previous year | 10 |
| 2020s | 4.75 % change on previous year | 0.8674 % change on previous year | 10.4 % change on previous year | 5 |
Countries ranked near Low & middle income
- 29 Zimbabwe 17.56 % change on previous year compare
- 30 Serbia 17.17 % change on previous year compare
- 31 Iceland 16.88 % change on previous year compare
- 32 Albania 16.83 % change on previous year compare
- 33 Latvia 16.59 % change on previous year compare
- 34 Eswatini 16.48 % change on previous year compare
- 35 Ukraine 16.39 % change on previous year compare
More economy & growth data for Low & middle income
- Manufacturing, value added (current US$), per unit of GDP 0.2006 current US$ per US$ of GDP (2025)
- Services, value added 23.90 trillion current US$ (2025)
- Services, value added 22.45 trillion constant 2015 US$ (2025)
- Services, value added 57.6% (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2434 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 1,487 current US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 3.39 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0832 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 508.01 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3132 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure (current us$) in Low & middle income?
- General government final consumption expenditure (current us$) in Low & middle income was 2.41 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current us$) recorded in Low & middle income?
- The highest recorded value was 28.62 % change on previous year in 1974.
- What is the lowest general government final consumption expenditure (current us$) recorded in Low & middle income?
- The lowest recorded value was -5.04 % change on previous year in 1991.
- How does Low & middle income rank for general government final consumption expenditure (current us$)?
- Low & middle income ranks 32nd out of 43 groups with data for 2024.
- Is general government final consumption expenditure (current us$) rising or falling in Low & middle income?
- Over the last ten years it is down 48.8%. The long-run trend across the full record is volatile.
- Where does this Low & middle income data come from?
- The figures come from Statizoid (derived), published as part of General government final consumption expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in General government final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in General government final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.