General government final consumption expenditure in East Asia & Pacific
East Asia & Pacific: General government final consumption expenditure was 5.37 trillion current US$ in 2024. ◆ Volatile
General government final consumption expenditure in East Asia & Pacific, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, general government final consumption expenditure in East Asia & Pacific stood at 5.37 trillion current US$.
That represents a change of up 0.1% on the previous year and up 47.7% over ten years.
Over the whole period, general government final consumption expenditure in East Asia & Pacific peaked at 5.38 trillion current US$ in 2021 and was at its lowest, 23.46 billion current US$, in 1962.
East Asia & Pacific ranks 10th of 41 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in East Asia & Pacific, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 26.03 billion current US$ | — |
| 1961 | 25.34 billion current US$ | -2.6% |
| 1962 | 23.46 billion current US$ | -7.4% |
| 1963 | 26.35 billion current US$ | +12.3% |
| 1964 | 28.49 billion current US$ | +8.2% |
| 1965 | 31.40 billion current US$ | +10.2% |
| 1966 | 35.37 billion current US$ | +12.6% |
| 1967 | 33.86 billion current US$ | -4.3% |
| 1968 | 36.19 billion current US$ | +6.9% |
| 1969 | 41.39 billion current US$ | +14.4% |
| 1970 | 46.38 billion current US$ | +12.1% |
| 1971 | 54.67 billion current US$ | +17.9% |
| 1972 | 69.41 billion current US$ | +27.0% |
| 1973 | 91.19 billion current US$ | +31.4% |
| 1974 | 111.06 billion current US$ | +21.8% |
| 1975 | 132.19 billion current US$ | +19.0% |
| 1976 | 145.86 billion current US$ | +10.3% |
| 1977 | 173.09 billion current US$ | +18.7% |
| 1978 | 218.59 billion current US$ | +26.3% |
| 1979 | 237.23 billion current US$ | +8.5% |
| 1980 | 258.91 billion current US$ | +9.1% |
| 1981 | 287.19 billion current US$ | +10.9% |
| 1982 | 283.93 billion current US$ | -1.1% |
| 1983 | 303.59 billion current US$ | +6.9% |
| 1984 | 322.30 billion current US$ | +6.2% |
| 1985 | 337.45 billion current US$ | +4.7% |
| 1986 | 434.89 billion current US$ | +28.9% |
| 1987 | 501.08 billion current US$ | +15.2% |
| 1988 | 587.80 billion current US$ | +17.3% |
| 1989 | 615.26 billion current US$ | +4.7% |
| 1990 | 644.67 billion current US$ | +4.8% |
| 1991 | 730.91 billion current US$ | +13.4% |
| 1992 | 817.83 billion current US$ | +11.9% |
| 1993 | 934.34 billion current US$ | +14.2% |
| 1994 | 1.05 trillion current US$ | +12.6% |
| 1995 | 1.21 trillion current US$ | +14.7% |
| 1996 | 1.16 trillion current US$ | -3.9% |
| 1997 | 1.11 trillion current US$ | -3.8% |
| 1998 | 1.05 trillion current US$ | -6.2% |
| 1999 | 1.20 trillion current US$ | +15.1% |
| 2000 | 1.32 trillion current US$ | +9.5% |
| 2001 | 1.26 trillion current US$ | -4.3% |
| 2002 | 1.29 trillion current US$ | +2.3% |
| 2003 | 1.41 trillion current US$ | +9.2% |
| 2004 | 1.56 trillion current US$ | +10.4% |
| 2005 | 1.65 trillion current US$ | +6.1% |
| 2006 | 1.73 trillion current US$ | +4.5% |
| 2007 | 1.90 trillion current US$ | +10.3% |
| 2008 | 2.22 trillion current US$ | +16.8% |
| 2009 | 2.40 trillion current US$ | +8.0% |
| 2010 | 2.75 trillion current US$ | +14.8% |
| 2011 | 3.27 trillion current US$ | +18.8% |
| 2012 | 3.55 trillion current US$ | +8.4% |
| 2013 | 3.55 trillion current US$ | +0.0% |
| 2014 | 3.64 trillion current US$ | +2.5% |
| 2015 | 3.64 trillion current US$ | +0.1% |
| 2016 | 3.80 trillion current US$ | +4.5% |
| 2017 | 4.04 trillion current US$ | +6.2% |
| 2018 | 4.46 trillion current US$ | +10.5% |
| 2019 | 4.64 trillion current US$ | +4.0% |
| 2020 | 4.88 trillion current US$ | +5.2% |
| 2021 | 5.38 trillion current US$ | +10.2% |
| 2022 | 5.31 trillion current US$ | -1.3% |
| 2023 | 5.36 trillion current US$ | +1.1% |
| 2024 | 5.37 trillion current US$ | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 30.79 billion current US$ | 23.46 billion current US$ | 41.39 billion current US$ | 10 |
| 1970s | 127.97 billion current US$ | 46.38 billion current US$ | 237.23 billion current US$ | 10 |
| 1980s | 393.24 billion current US$ | 258.91 billion current US$ | 615.26 billion current US$ | 10 |
| 1990s | 990.85 billion current US$ | 644.67 billion current US$ | 1.21 trillion current US$ | 10 |
| 2000s | 1.67 trillion current US$ | 1.26 trillion current US$ | 2.40 trillion current US$ | 10 |
| 2010s | 3.73 trillion current US$ | 2.75 trillion current US$ | 4.64 trillion current US$ | 10 |
| 2020s | 5.26 trillion current US$ | 4.88 trillion current US$ | 5.38 trillion current US$ | 5 |
Countries ranked near East Asia & Pacific
- 7 Canada 508.18 billion current US$ compare
- 8 Russia 489.23 billion current US$ compare
- 9 Italy 465.68 billion current US$ compare
- 10 Brazil 436.24 billion current US$ compare
- 11 India 426.05 billion current US$ compare
- 12 Australia 416.33 billion current US$ compare
- 13 Spain 366.08 billion current US$ compare
More economy & growth data for East Asia & Pacific
- Services, value added 4.7% (2025)
- Industry (including construction), value added 11.12 trillion current US$ (2025)
- Industry (including construction), value added 11.37 trillion constant 2015 US$ (2025)
- Trade in services 10.7% (2025)
- Industry (including construction), value added 33.1% (2025)
- Services, value added 20.13 trillion current US$ (2025)
- Services, value added 19.57 trillion constant 2015 US$ (2025)
- GDP growth 4.0% (2025)
- GDP 33.02 trillion constant 2015 US$ (2025)
- GDP 33.66 trillion current US$ (2025)
Frequently asked questions
- What is general government final consumption expenditure in East Asia & Pacific?
- General government final consumption expenditure in East Asia & Pacific was 5.37 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?
- The highest recorded value was 5.38 trillion current US$ in 2021.
- What is the lowest general government final consumption expenditure recorded in East Asia & Pacific?
- The lowest recorded value was 23.46 billion current US$ in 1962.
- How does East Asia & Pacific rank for general government final consumption expenditure?
- East Asia & Pacific ranks 10th out of 41 groups with data for 2024.
- Is general government final consumption expenditure rising or falling in East Asia & Pacific?
- Over the last ten years it is up 47.7%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific 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.