General government final consumption expenditure in IBRD only

IBRD only: General government final consumption expenditure was 6.39 trillion current US$ in 2024. ◆ Volatile

Latest (2024)
6.39 trillion current US$
Change on year
up 3.4%
Rank
7th
of 44 groups
All-time high
6.39 trillion current US$
in 2024
All-time low
34.69 billion current US$
in 1960
Years of data
65
1960–2024

General government final consumption expenditure in IBRD only, 1960–2024

02.0T4.0T6.0T196019922024

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

Analysis

IBRD only recorded 6.39 trillion current US$ for general government final consumption expenditure in 2024. That is the highest value across all 65 years on record.

Compared with earlier readings it is up 3.4% on the previous year and up 50.9% over ten years.

Over the whole period, general government final consumption expenditure in IBRD only peaked at 6.39 trillion current US$ in 2024 and was at its lowest, 34.69 billion current US$, in 1960.

That places IBRD only 7th out of 44 groups with data for 2024, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 46.56 billion current US$ 34.69 billion current US$ 63.32 billion current US$ 10
1970s 160.65 billion current US$ 71.25 billion current US$ 275.89 billion current US$ 10
1980s 386.50 billion current US$ 318.94 billion current US$ 474.81 billion current US$ 10
1990s 648.40 billion current US$ 471.23 billion current US$ 820.62 billion current US$ 10
2000s 1.45 trillion current US$ 826.45 billion current US$ 2.52 trillion current US$ 10
2010s 4.12 trillion current US$ 2.97 trillion current US$ 5.00 trillion current US$ 10
2020s 5.80 trillion current US$ 5.03 trillion current US$ 6.39 trillion current US$ 5

Countries ranked near IBRD only

  1. 4 United Kingdom 849.56 billion current US$ compare
  2. 5 Japan 844.05 billion current US$ compare
  3. 6 France 820.11 billion current US$ compare
  4. 7 Canada 508.18 billion current US$ compare
  5. 8 Russia 489.23 billion current US$ compare
  6. 9 Italy 465.68 billion current US$ compare
  7. 10 Brazil 436.24 billion current US$ compare

See the full ranking of 229 places →

More economy & growth data for IBRD only

All data for IBRD only →

Frequently asked questions

What is general government final consumption expenditure in IBRD only?
General government final consumption expenditure in IBRD only was 6.39 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 IBRD only?
The highest recorded value was 6.39 trillion current US$ in 2024.
What is the lowest general government final consumption expenditure recorded in IBRD only?
The lowest recorded value was 34.69 billion current US$ in 1960.
How does IBRD only rank for general government final consumption expenditure?
IBRD only ranks 7th out of 44 groups with data for 2024.
Is general government final consumption expenditure rising or falling in IBRD only?
Over the last ten years it is up 50.9%. The long-run trend across the full record is volatile.
Where does this IBRD only 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

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.