General government final consumption expenditure in China

China: General government final consumption expenditure was 3.13 trillion current US$ in 2024. ◆ Volatile

Latest (2024)
3.13 trillion current US$
Change on year
down 0.4%
World rank
2nd
of 185 countries
All-time high
3.14 trillion current US$
in 2023
All-time low
6.09 billion current US$
in 1962
Years of data
65
1960–2024

General government final consumption expenditure in China, 1960–2024

01.0T2.0T3.0T196019922024

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

The most recent figure for general government final consumption expenditure in China is 3.13 trillion current US$, measured in 2024.

The figure is down 0.4% on the previous year and up 84.6% over ten years.

Over the whole period, general government final consumption expenditure in China peaked at 3.14 trillion current US$ in 2023 and was at its lowest, 6.09 billion current US$, in 1962.

China ranks 2nd of 185 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 7.90 billion current US$ 6.09 billion current US$ 9.50 billion current US$ 10
1970s 17.56 billion current US$ 10.30 billion current US$ 24.86 billion current US$ 10
1980s 36.17 billion current US$ 26.17 billion current US$ 46.48 billion current US$ 10
1990s 100.12 billion current US$ 49.98 billion current US$ 182.27 billion current US$ 10
2000s 399.49 billion current US$ 207.84 billion current US$ 778.08 billion current US$ 10
2010s 1.74 trillion current US$ 918.84 billion current US$ 2.50 trillion current US$ 10
2020s 2.99 trillion current US$ 2.64 trillion current US$ 3.14 trillion current US$ 5

Countries ranked near China

  1. 1 United States 3.99 trillion current US$ compare
  2. 3 Germany 1.14 trillion current US$ compare
  3. 4 United Kingdom 849.56 billion current US$ compare
  4. 5 Japan 844.05 billion current US$ compare

See the full ranking of 229 places →

More economy & growth data for China

All data for China →

Frequently asked questions

What is general government final consumption expenditure in China?
General government final consumption expenditure in China was 3.13 trillion current 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 China?
The highest recorded value was 3.14 trillion current US$ in 2023.
What is the lowest general government final consumption expenditure recorded in China?
The lowest recorded value was 6.09 billion current US$ in 1962.
How does China rank for general government final consumption expenditure?
China ranks 2nd out of 185 countries with data for 2024.
Is general government final consumption expenditure rising or falling in China?
Over the last ten years it is up 84.6%. 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 US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
General government final consumption expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
229 places, 11,047 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.