General government final consumption expenditure in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): General government final consumption expenditure was 3.52 trillion current US$ in 2024. ◆ Volatile
General government final consumption expenditure in East Asia & Pacific (IDA & IBRD countries), 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, general government final consumption expenditure in East Asia & Pacific (IDA & IBRD countries) stood at 3.52 trillion current US$. That is the highest value across all 65 years on record.
The figure is up 0.3% on the previous year and up 78.9% over ten years.
Over the whole period, general government final consumption expenditure in East Asia & Pacific (IDA & IBRD countries) peaked at 3.52 trillion current US$ in 2024 and was at its lowest, 7.92 billion current US$, in 1962.
That places East Asia & Pacific (IDA & IBRD countries) 17th out of 43 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 9.48 billion current US$ | — |
| 1961 | 9.18 billion current US$ | -3.1% |
| 1962 | 7.92 billion current US$ | -13.8% |
| 1963 | 9.11 billion current US$ | +15.1% |
| 1964 | 10.07 billion current US$ | +10.5% |
| 1965 | 11.03 billion current US$ | +9.6% |
| 1966 | 12.32 billion current US$ | +11.7% |
| 1967 | 10.87 billion current US$ | -11.8% |
| 1968 | 11.08 billion current US$ | +1.9% |
| 1969 | 12.90 billion current US$ | +16.4% |
| 1970 | 14.28 billion current US$ | +10.6% |
| 1971 | 16.32 billion current US$ | +14.3% |
| 1972 | 18.92 billion current US$ | +16.0% |
| 1973 | 22.83 billion current US$ | +20.6% |
| 1974 | 25.44 billion current US$ | +11.5% |
| 1975 | 29.04 billion current US$ | +14.2% |
| 1976 | 30.80 billion current US$ | +6.1% |
| 1977 | 35.65 billion current US$ | +15.7% |
| 1978 | 34.99 billion current US$ | -1.9% |
| 1979 | 41.95 billion current US$ | +19.9% |
| 1980 | 47.67 billion current US$ | +13.6% |
| 1981 | 50.17 billion current US$ | +5.2% |
| 1982 | 53.70 billion current US$ | +7.0% |
| 1983 | 56.98 billion current US$ | +6.1% |
| 1984 | 64.14 billion current US$ | +12.6% |
| 1985 | 70.31 billion current US$ | +9.6% |
| 1986 | 67.07 billion current US$ | -4.6% |
| 1987 | 59.97 billion current US$ | -10.6% |
| 1988 | 65.24 billion current US$ | +8.8% |
| 1989 | 75.56 billion current US$ | +15.8% |
| 1990 | 82.40 billion current US$ | +9.0% |
| 1991 | 89.31 billion current US$ | +8.4% |
| 1992 | 102.65 billion current US$ | +14.9% |
| 1993 | 111.59 billion current US$ | +8.7% |
| 1994 | 132.28 billion current US$ | +18.5% |
| 1995 | 158.90 billion current US$ | +20.1% |
| 1996 | 181.65 billion current US$ | +14.3% |
| 1997 | 195.58 billion current US$ | +7.7% |
| 1998 | 198.53 billion current US$ | +1.5% |
| 1999 | 232.64 billion current US$ | +17.2% |
| 2000 | 259.95 billion current US$ | +11.7% |
| 2001 | 277.07 billion current US$ | +6.6% |
| 2002 | 301.35 billion current US$ | +8.8% |
| 2003 | 328.60 billion current US$ | +9.0% |
| 2004 | 368.87 billion current US$ | +12.3% |
| 2005 | 430.26 billion current US$ | +16.6% |
| 2006 | 520.43 billion current US$ | +21.0% |
| 2007 | 656.25 billion current US$ | +26.1% |
| 2008 | 829.63 billion current US$ | +26.4% |
| 2009 | 934.94 billion current US$ | +12.7% |
| 2010 | 1.12 trillion current US$ | +19.8% |
| 2011 | 1.43 trillion current US$ | +27.2% |
| 2012 | 1.64 trillion current US$ | +15.0% |
| 2013 | 1.83 trillion current US$ | +11.5% |
| 2014 | 1.97 trillion current US$ | +7.8% |
| 2015 | 2.11 trillion current US$ | +7.0% |
| 2016 | 2.16 trillion current US$ | +2.5% |
| 2017 | 2.36 trillion current US$ | +9.5% |
| 2018 | 2.70 trillion current US$ | +14.2% |
| 2019 | 2.83 trillion current US$ | +5.0% |
| 2020 | 2.99 trillion current US$ | +5.6% |
| 2021 | 3.36 trillion current US$ | +12.1% |
| 2022 | 3.42 trillion current US$ | +1.9% |
| 2023 | 3.51 trillion current US$ | +2.7% |
| 2024 | 3.52 trillion current US$ | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.40 billion current US$ | 7.92 billion current US$ | 12.90 billion current US$ | 10 |
| 1970s | 27.02 billion current US$ | 14.28 billion current US$ | 41.95 billion current US$ | 10 |
| 1980s | 61.08 billion current US$ | 47.67 billion current US$ | 75.56 billion current US$ | 10 |
| 1990s | 148.55 billion current US$ | 82.40 billion current US$ | 232.64 billion current US$ | 10 |
| 2000s | 490.73 billion current US$ | 259.95 billion current US$ | 934.94 billion current US$ | 10 |
| 2010s | 2.01 trillion current US$ | 1.12 trillion current US$ | 2.83 trillion current US$ | 10 |
| 2020s | 3.36 trillion current US$ | 2.99 trillion current US$ | 3.52 trillion current US$ | 5 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
- 14 Netherlands 344.80 billion current US$ compare
- 15 Republic of Korea 330.43 billion current US$ compare
- 16 Saudi Arabia 263.17 billion current US$ compare
- 17 Türkiye 221.44 billion current US$ compare
- 18 Poland 220.69 billion current US$ compare
- 19 Mexico 216.08 billion current US$ compare
- 20 Sweden 176.83 billion current US$ compare
More economy & growth data for East Asia & Pacific (IDA & IBRD countries)
- Agriculture, forestry, and fishing, value added 1.71 trillion constant 2015 US$ (2025)
- Gross capital formation 38.6% (2024)
- Imports of goods and services 5.07 trillion current US$ (2025)
- Imports of goods and services 21.8% (2025)
- External balance on goods and services 3.7% (2025)
- Trade 46.9% (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9789 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added 8.26 trillion current US$ (2025)
- Industry (including construction), value added 4.4% (2025)
- Industry (including construction), value added 8.43 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is general government final consumption expenditure in East Asia & Pacific (IDA & IBRD countries)?
- General government final consumption expenditure in East Asia & Pacific (IDA & IBRD countries) was 3.52 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 East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 3.52 trillion current US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 7.92 billion current US$ in 1962.
- How does East Asia & Pacific (IDA & IBRD countries) rank for general government final consumption expenditure?
- East Asia & Pacific (IDA & IBRD countries) ranks 17th out of 43 groups with data for 2024.
- Is general government final consumption expenditure rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is up 78.9%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific (IDA & IBRD countries) 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.
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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 indicator is expressed in United States dollars.