General government final consumption expenditure (current US$) in Middle income

Middle income: General government final consumption expenditure (current US$) was 2.34 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.34 % change on previous year
Change on year
down 57.3%
Rank
33rd
of 43 groups
All-time high
28.92 % change on previous year
in 1974
All-time low
-5.77 % change on previous year
in 1991
Years of data
64
1961–2024

General government final consumption expenditure (current US$) in Middle income, 1961–2024

-100102030196119922024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, general government final consumption expenditure (current us$) in Middle income stood at 2.34 % change on previous year.

Compared with earlier readings it is down 57.3% on the previous year and down 49.6% over ten years.

Over the whole period, general government final consumption expenditure (current us$) in Middle income peaked at 28.92 % change on previous year in 1974 and was at its lowest, -5.77 % change on previous year, in 1991.

Middle income ranks 33rd of 43 groups on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

General government final consumption expenditure (current US$) in Middle income, year by year

Annual values for General government final consumption expenditure (current US$), annual growth rate in Middle income, 1961 to 2024.
Year % change on previous year Change
1961 1.94 % change on previous year
1962 2.91 % change on previous year +50.4%
1963 14.61 % change on previous year +401.5%
1964 6.61 % change on previous year -54.7%
1965 11.09 % change on previous year +67.7%
1966 8.96 % change on previous year -19.3%
1967 -1.6 % change on previous year -117.8%
1968 7.73 % change on previous year -584.1%
1969 13.12 % change on previous year +69.6%
1970 11.63 % change on previous year -11.3%
1971 15 % change on previous year +29.0%
1972 13 % change on previous year -13.3%
1973 24.44 % change on previous year +88.0%
1974 28.92 % change on previous year +18.3%
1975 17.01 % change on previous year -41.2%
1976 9.61 % change on previous year -43.5%
1977 9.74 % change on previous year +1.3%
1978 14.63 % change on previous year +50.2%
1979 14.5 % change on previous year -0.9%
1980 15.08 % change on previous year +4.0%
1981 10.54 % change on previous year -30.1%
1982 3.1 % change on previous year -70.6%
1983 -1.76 % change on previous year -156.8%
1984 1.33 % change on previous year -175.6%
1985 6.02 % change on previous year +352.1%
1986 7.1 % change on previous year +18.0%
1987 1.29 % change on previous year -81.9%
1988 6.17 % change on previous year +379.1%
1989 9.35 % change on previous year +51.4%
1990 10.65 % change on previous year +14.0%
1991 -5.77 % change on previous year -154.1%
1992 6.06 % change on previous year -205.1%
1993 12.41 % change on previous year +104.6%
1994 11.68 % change on previous year -5.9%
1995 19.39 % change on previous year +66.1%
1996 7.88 % change on previous year -59.4%
1997 7.84 % change on previous year -0.5%
1998 1.96 % change on previous year -75.0%
1999 -0.98 % change on previous year -150.0%
2000 6.28 % change on previous year -740.6%
2001 1.14 % change on previous year -81.9%
2002 0.7782 % change on previous year -31.6%
2003 10.24 % change on previous year +1215.7%
2004 14.59 % change on previous year +42.5%
2005 18.5 % change on previous year +26.8%
2006 17.72 % change on previous year -4.2%
2007 23.28 % change on previous year +31.3%
2008 20.55 % change on previous year -11.7%
2009 7.16 % change on previous year -65.1%
2010 18.73 % change on previous year +161.4%
2011 21.39 % change on previous year +14.2%
2012 7.54 % change on previous year -64.7%
2013 6.89 % change on previous year -8.6%
2014 4.65 % change on previous year -32.6%
2015 -1.23 % change on previous year -126.4%
2016 1.63 % change on previous year -232.6%
2017 9.4 % change on previous year +477.1%
2018 7.01 % change on previous year -25.5%
2019 3.64 % change on previous year -48.1%
2020 0.872 % change on previous year -76.0%
2021 10.47 % change on previous year +1101.2%
2022 4.55 % change on previous year -56.6%
2023 5.49 % change on previous year +20.8%
2024 2.34 % change on previous year -57.3%

Averages by decade

DecadeAverage LowestHighest Years
1960s 7.26 % change on previous year -1.6 % change on previous year 14.61 % change on previous year 9
1970s 15.85 % change on previous year 9.61 % change on previous year 28.92 % change on previous year 10
1980s 5.82 % change on previous year -1.76 % change on previous year 15.08 % change on previous year 10
1990s 7.11 % change on previous year -5.77 % change on previous year 19.39 % change on previous year 10
2000s 12.02 % change on previous year 0.7782 % change on previous year 23.28 % change on previous year 10
2010s 7.97 % change on previous year -1.23 % change on previous year 21.39 % change on previous year 10
2020s 4.75 % change on previous year 0.872 % change on previous year 10.47 % change on previous year 5

Countries ranked near Middle income

  1. 30 Serbia 17.17 % change on previous year compare
  2. 31 Iceland 16.88 % change on previous year compare
  3. 32 Albania 16.83 % change on previous year compare
  4. 33 Latvia 16.59 % change on previous year compare
  5. 34 Eswatini 16.48 % change on previous year compare
  6. 35 Ukraine 16.39 % change on previous year compare
  7. 36 Cape Verde 16.04 % change on previous year compare

See the full ranking of 228 places →

More economy & growth data for Middle income

All data for Middle income →

Frequently asked questions

What is general government final consumption expenditure (current us$) in Middle income?
General government final consumption expenditure (current us$) in Middle income was 2.34 % change on previous year in 2024, according to Statizoid (derived).
What is the highest general government final consumption expenditure (current us$) recorded in Middle income?
The highest recorded value was 28.92 % change on previous year in 1974.
What is the lowest general government final consumption expenditure (current us$) recorded in Middle income?
The lowest recorded value was -5.77 % change on previous year in 1991.
How does Middle income rank for general government final consumption expenditure (current us$)?
Middle income ranks 33rd out of 43 groups with data for 2024.
Is general government final consumption expenditure (current us$) rising or falling in Middle income?
Over the last ten years it is down 49.6%. The long-run trend across the full record is volatile.
Where does this 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.

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General government final consumption expenditure (current US$) in Middle income. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/stat/general-government-final-consumption-expenditure-current-us-annual-growth-rate/middle-income/

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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

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

Indicator
General government final consumption expenditure (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
228 places, 10,790 data points, 1961–2025
Last refreshed

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.