General government final consumption expenditure in IDA & IBRD total
IDA & IBRD total: General government final consumption expenditure was 6.78 trillion current US$ in 2024. ◆ Volatile
General government final consumption expenditure in IDA & IBRD total, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for general government final consumption expenditure in IDA & IBRD total is 6.78 trillion current US$, measured in 2024. That is the highest value across all 65 years on record.
That represents a change of up 3.5% on the previous year and up 50.7% over ten years.
Over the whole period, general government final consumption expenditure in IDA & IBRD total peaked at 6.78 trillion current US$ in 2024 and was at its lowest, 37.95 billion current US$, in 1960.
IDA & IBRD total ranks 5th of 41 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in IDA & IBRD total, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 37.95 billion current US$ | — |
| 1961 | 38.98 billion current US$ | +2.7% |
| 1962 | 40.49 billion current US$ | +3.9% |
| 1963 | 45.90 billion current US$ | +13.4% |
| 1964 | 49.07 billion current US$ | +6.9% |
| 1965 | 54.52 billion current US$ | +11.1% |
| 1966 | 59.47 billion current US$ | +9.1% |
| 1967 | 58.75 billion current US$ | -1.2% |
| 1968 | 63.27 billion current US$ | +7.7% |
| 1969 | 71.65 billion current US$ | +13.2% |
| 1970 | 80.12 billion current US$ | +11.8% |
| 1971 | 92.50 billion current US$ | +15.4% |
| 1972 | 104.11 billion current US$ | +12.5% |
| 1973 | 129.23 billion current US$ | +24.1% |
| 1974 | 166.45 billion current US$ | +28.8% |
| 1975 | 192.48 billion current US$ | +15.6% |
| 1976 | 211.29 billion current US$ | +9.8% |
| 1977 | 232.82 billion current US$ | +10.2% |
| 1978 | 266.50 billion current US$ | +14.5% |
| 1979 | 307.21 billion current US$ | +15.3% |
| 1980 | 357.81 billion current US$ | +16.5% |
| 1981 | 395.15 billion current US$ | +10.4% |
| 1982 | 403.29 billion current US$ | +2.1% |
| 1983 | 393.95 billion current US$ | -2.3% |
| 1984 | 398.21 billion current US$ | +1.1% |
| 1985 | 422.52 billion current US$ | +6.1% |
| 1986 | 451.75 billion current US$ | +6.9% |
| 1987 | 459.00 billion current US$ | +1.6% |
| 1988 | 482.33 billion current US$ | +5.1% |
| 1989 | 525.14 billion current US$ | +8.9% |
| 1990 | 575.67 billion current US$ | +9.6% |
| 1991 | 526.57 billion current US$ | -8.5% |
| 1992 | 525.45 billion current US$ | -0.2% |
| 1993 | 607.03 billion current US$ | +15.5% |
| 1994 | 653.57 billion current US$ | +7.7% |
| 1995 | 761.61 billion current US$ | +16.5% |
| 1996 | 815.14 billion current US$ | +7.0% |
| 1997 | 877.89 billion current US$ | +7.7% |
| 1998 | 862.01 billion current US$ | -1.8% |
| 1999 | 830.69 billion current US$ | -3.6% |
| 2000 | 889.09 billion current US$ | +7.0% |
| 2001 | 913.66 billion current US$ | +2.8% |
| 2002 | 933.62 billion current US$ | +2.2% |
| 2003 | 1.04 trillion current US$ | +11.6% |
| 2004 | 1.21 trillion current US$ | +16.0% |
| 2005 | 1.45 trillion current US$ | +19.6% |
| 2006 | 1.72 trillion current US$ | +19.1% |
| 2007 | 2.13 trillion current US$ | +24.1% |
| 2008 | 2.60 trillion current US$ | +22.0% |
| 2009 | 2.69 trillion current US$ | +3.2% |
| 2010 | 3.16 trillion current US$ | +17.5% |
| 2011 | 3.82 trillion current US$ | +20.9% |
| 2012 | 4.09 trillion current US$ | +7.2% |
| 2013 | 4.38 trillion current US$ | +7.0% |
| 2014 | 4.50 trillion current US$ | +2.8% |
| 2015 | 4.29 trillion current US$ | -4.6% |
| 2016 | 4.35 trillion current US$ | +1.4% |
| 2017 | 4.80 trillion current US$ | +10.2% |
| 2018 | 5.13 trillion current US$ | +6.9% |
| 2019 | 5.32 trillion current US$ | +3.6% |
| 2020 | 5.35 trillion current US$ | +0.7% |
| 2021 | 5.90 trillion current US$ | +10.1% |
| 2022 | 6.22 trillion current US$ | +5.5% |
| 2023 | 6.55 trillion current US$ | +5.4% |
| 2024 | 6.78 trillion current US$ | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 52.00 billion current US$ | 37.95 billion current US$ | 71.65 billion current US$ | 10 |
| 1970s | 178.27 billion current US$ | 80.12 billion current US$ | 307.21 billion current US$ | 10 |
| 1980s | 428.91 billion current US$ | 357.81 billion current US$ | 525.14 billion current US$ | 10 |
| 1990s | 703.56 billion current US$ | 525.45 billion current US$ | 877.89 billion current US$ | 10 |
| 2000s | 1.56 trillion current US$ | 889.09 billion current US$ | 2.69 trillion current US$ | 10 |
| 2010s | 4.38 trillion current US$ | 3.16 trillion current US$ | 5.32 trillion current US$ | 10 |
| 2020s | 6.16 trillion current US$ | 5.35 trillion current US$ | 6.78 trillion current US$ | 5 |
Countries ranked near IDA & IBRD total
- 2 China 3.13 trillion current US$ compare
- 3 Germany 1.14 trillion current US$ compare
- 4 United Kingdom of Great Britain and Northern Ireland 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 Russian Federation 489.23 billion current US$ compare
More economy & growth data for IDA & IBRD total
- Exports of goods and services 11.96 trillion current US$ (2025)
- Final consumption expenditure 28.59 trillion constant 2015 US$ (2025)
- Final consumption expenditure 4.3% (2025)
- Gross national expenditure 43.83 trillion current US$ (2024)
- Gross national expenditure 41.70 trillion constant 2015 US$ (2025)
- Services, value added 4.7% (2025)
- Gross fixed capital formation 31.0% (2024)
- Gross fixed capital formation 13.52 trillion current US$ (2024)
- Final consumption expenditure 29.74 trillion current US$ (2024)
- Exports of goods and services 25.9% (2025)
Frequently asked questions
- What is general government final consumption expenditure in IDA & IBRD total?
- General government final consumption expenditure in IDA & IBRD total was 6.78 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 IDA & IBRD total?
- The highest recorded value was 6.78 trillion current US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in IDA & IBRD total?
- The lowest recorded value was 37.95 billion current US$ in 1960.
- How does IDA & IBRD total rank for general government final consumption expenditure?
- IDA & IBRD total ranks 5th out of 41 groups with data for 2024.
- Is general government final consumption expenditure rising or falling in IDA & IBRD total?
- Over the last ten years it is up 50.7%. The long-run trend across the full record is volatile.
- Where does this IDA & IBRD total 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.