General government final consumption expenditure in IBRD only
IBRD only: General government final consumption expenditure was 6.39 trillion current US$ in 2024. ◆ Volatile
General government final consumption expenditure in IBRD only, 1960–2024
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$, in 1960.
That places IBRD only 7th out of 43 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in IBRD only, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 34.69 billion current US$ | — |
| 1961 | 35.42 billion current US$ | +2.1% |
| 1962 | 36.66 billion current US$ | +3.5% |
| 1963 | 41.77 billion current US$ | +13.9% |
| 1964 | 44.31 billion current US$ | +6.1% |
| 1965 | 49.02 billion current US$ | +10.6% |
| 1966 | 52.75 billion current US$ | +7.6% |
| 1967 | 51.94 billion current US$ | -1.5% |
| 1968 | 55.70 billion current US$ | +7.2% |
| 1969 | 63.32 billion current US$ | +13.7% |
| 1970 | 71.25 billion current US$ | +12.5% |
| 1971 | 82.51 billion current US$ | +15.8% |
| 1972 | 93.00 billion current US$ | +12.7% |
| 1973 | 116.83 billion current US$ | +25.6% |
| 1974 | 151.28 billion current US$ | +29.5% |
| 1975 | 173.67 billion current US$ | +14.8% |
| 1976 | 191.26 billion current US$ | +10.1% |
| 1977 | 210.70 billion current US$ | +10.2% |
| 1978 | 240.14 billion current US$ | +14.0% |
| 1979 | 275.89 billion current US$ | +14.9% |
| 1980 | 318.94 billion current US$ | +15.6% |
| 1981 | 356.38 billion current US$ | +11.7% |
| 1982 | 365.11 billion current US$ | +2.4% |
| 1983 | 356.02 billion current US$ | -2.5% |
| 1984 | 358.82 billion current US$ | +0.8% |
| 1985 | 382.14 billion current US$ | +6.5% |
| 1986 | 407.37 billion current US$ | +6.6% |
| 1987 | 411.69 billion current US$ | +1.1% |
| 1988 | 433.70 billion current US$ | +5.3% |
| 1989 | 474.81 billion current US$ | +9.5% |
| 1990 | 521.25 billion current US$ | +9.8% |
| 1991 | 471.23 billion current US$ | -9.6% |
| 1992 | 472.09 billion current US$ | +0.2% |
| 1993 | 552.14 billion current US$ | +17.0% |
| 1994 | 602.31 billion current US$ | +9.1% |
| 1995 | 708.30 billion current US$ | +17.6% |
| 1996 | 758.34 billion current US$ | +7.1% |
| 1997 | 820.62 billion current US$ | +8.2% |
| 1998 | 804.02 billion current US$ | -2.0% |
| 1999 | 773.68 billion current US$ | -3.8% |
| 2000 | 826.45 billion current US$ | +6.8% |
| 2001 | 851.46 billion current US$ | +3.0% |
| 2002 | 867.80 billion current US$ | +1.9% |
| 2003 | 967.75 billion current US$ | +11.5% |
| 2004 | 1.12 trillion current US$ | +15.9% |
| 2005 | 1.35 trillion current US$ | +20.0% |
| 2006 | 1.60 trillion current US$ | +19.0% |
| 2007 | 1.99 trillion current US$ | +24.4% |
| 2008 | 2.44 trillion current US$ | +22.3% |
| 2009 | 2.52 trillion current US$ | +3.2% |
| 2010 | 2.97 trillion current US$ | +18.0% |
| 2011 | 3.59 trillion current US$ | +21.1% |
| 2012 | 3.86 trillion current US$ | +7.3% |
| 2013 | 4.13 trillion current US$ | +7.0% |
| 2014 | 4.23 trillion current US$ | +2.6% |
| 2015 | 4.03 trillion current US$ | -4.8% |
| 2016 | 4.08 trillion current US$ | +1.2% |
| 2017 | 4.51 trillion current US$ | +10.4% |
| 2018 | 4.82 trillion current US$ | +7.1% |
| 2019 | 5.00 trillion current US$ | +3.7% |
| 2020 | 5.03 trillion current US$ | +0.6% |
| 2021 | 5.54 trillion current US$ | +10.2% |
| 2022 | 5.85 trillion current US$ | +5.4% |
| 2023 | 6.18 trillion current US$ | +5.7% |
| 2024 | 6.39 trillion current US$ | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 4 United Kingdom 849.56 billion current US$ compare
- 5 Japan 844.05 billion current US$ compare
- 6 France 820.11 billion current US$ compare
- 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
More economy & growth data for IBRD only
- Services, value added (constant 2015 US$), per capita 4,545 constant 2015 US$ per person (2025)
- Services, value added (current US$), annual growth rate 7.28 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5856 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 5,036 current US$ per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.75 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5285 constant 2015 US$ per US$ of GDP (2025)
- GDP (current US$), per capita 8,599 current US$ per person (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9067 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), annual growth rate 4.31 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 2,610 constant 2015 US$ per person (2025)
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 43 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
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.