General government final consumption expenditure in Late-demographic dividend
Late-demographic dividend: General government final consumption expenditure was 4.99 trillion current US$ in 2024. ◆ Volatile
General government final consumption expenditure in Late-demographic dividend, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for general government final consumption expenditure in Late-demographic dividend is 4.99 trillion current US$, measured in 2024. That is the highest value across all 65 years on record.
That represents a change of up 2.1% on the previous year and up 53.6% over ten years.
Over the whole period, general government final consumption expenditure in Late-demographic dividend peaked at 4.99 trillion current US$ in 2024 and was at its lowest, 24.85 billion current US$, in 1962.
Late-demographic dividend ranks 12th of 41 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in Late-demographic dividend, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 26.49 billion current US$ | — |
| 1961 | 26.60 billion current US$ | +0.4% |
| 1962 | 24.85 billion current US$ | -6.6% |
| 1963 | 28.49 billion current US$ | +14.6% |
| 1964 | 29.74 billion current US$ | +4.4% |
| 1965 | 31.94 billion current US$ | +7.4% |
| 1966 | 36.25 billion current US$ | +13.5% |
| 1967 | 34.90 billion current US$ | -3.7% |
| 1968 | 36.00 billion current US$ | +3.2% |
| 1969 | 41.03 billion current US$ | +13.9% |
| 1970 | 46.24 billion current US$ | +12.7% |
| 1971 | 54.06 billion current US$ | +16.9% |
| 1972 | 62.10 billion current US$ | +14.9% |
| 1973 | 75.05 billion current US$ | +20.9% |
| 1974 | 87.57 billion current US$ | +16.7% |
| 1975 | 99.43 billion current US$ | +13.5% |
| 1976 | 109.75 billion current US$ | +10.4% |
| 1977 | 122.65 billion current US$ | +11.8% |
| 1978 | 130.34 billion current US$ | +6.3% |
| 1979 | 158.29 billion current US$ | +21.4% |
| 1980 | 176.17 billion current US$ | +11.3% |
| 1981 | 186.72 billion current US$ | +6.0% |
| 1982 | 197.32 billion current US$ | +5.7% |
| 1983 | 189.79 billion current US$ | -3.8% |
| 1984 | 200.31 billion current US$ | +5.5% |
| 1985 | 219.54 billion current US$ | +9.6% |
| 1986 | 236.16 billion current US$ | +7.6% |
| 1987 | 244.52 billion current US$ | +3.5% |
| 1988 | 270.74 billion current US$ | +10.7% |
| 1989 | 316.23 billion current US$ | +16.8% |
| 1990 | 349.05 billion current US$ | +10.4% |
| 1991 | 316.86 billion current US$ | -9.2% |
| 1992 | 306.75 billion current US$ | -3.2% |
| 1993 | 347.54 billion current US$ | +13.3% |
| 1994 | 393.84 billion current US$ | +13.3% |
| 1995 | 505.69 billion current US$ | +28.4% |
| 1996 | 546.05 billion current US$ | +8.0% |
| 1997 | 583.31 billion current US$ | +6.8% |
| 1998 | 565.45 billion current US$ | -3.1% |
| 1999 | 517.40 billion current US$ | -8.5% |
| 2000 | 555.68 billion current US$ | +7.4% |
| 2001 | 580.45 billion current US$ | +4.5% |
| 2002 | 617.56 billion current US$ | +6.4% |
| 2003 | 685.70 billion current US$ | +11.0% |
| 2004 | 793.45 billion current US$ | +15.7% |
| 2005 | 959.71 billion current US$ | +21.0% |
| 2006 | 1.16 trillion current US$ | +20.9% |
| 2007 | 1.46 trillion current US$ | +25.8% |
| 2008 | 1.82 trillion current US$ | +24.9% |
| 2009 | 1.87 trillion current US$ | +2.3% |
| 2010 | 2.18 trillion current US$ | +16.8% |
| 2011 | 2.66 trillion current US$ | +22.0% |
| 2012 | 2.88 trillion current US$ | +8.3% |
| 2013 | 3.14 trillion current US$ | +9.2% |
| 2014 | 3.25 trillion current US$ | +3.4% |
| 2015 | 3.09 trillion current US$ | -5.0% |
| 2016 | 3.13 trillion current US$ | +1.5% |
| 2017 | 3.48 trillion current US$ | +10.9% |
| 2018 | 3.82 trillion current US$ | +10.0% |
| 2019 | 3.97 trillion current US$ | +3.9% |
| 2020 | 4.05 trillion current US$ | +1.9% |
| 2021 | 4.48 trillion current US$ | +10.7% |
| 2022 | 4.67 trillion current US$ | +4.3% |
| 2023 | 4.89 trillion current US$ | +4.7% |
| 2024 | 4.99 trillion current US$ | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 31.63 billion current US$ | 24.85 billion current US$ | 41.03 billion current US$ | 10 |
| 1970s | 94.55 billion current US$ | 46.24 billion current US$ | 158.29 billion current US$ | 10 |
| 1980s | 223.75 billion current US$ | 176.17 billion current US$ | 316.23 billion current US$ | 10 |
| 1990s | 443.19 billion current US$ | 306.75 billion current US$ | 583.31 billion current US$ | 10 |
| 2000s | 1.05 trillion current US$ | 555.68 billion current US$ | 1.87 trillion current US$ | 10 |
| 2010s | 3.16 trillion current US$ | 2.18 trillion current US$ | 3.97 trillion current US$ | 10 |
| 2020s | 4.62 trillion current US$ | 4.05 trillion current US$ | 4.99 trillion current US$ | 5 |
Countries ranked near Late-demographic dividend
- 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
- 14 Netherlands 344.80 billion current US$ compare
- 15 Republic of Korea 330.43 billion current US$ compare
More economy & growth data for Late-demographic dividend
- Agriculture, forestry, and fishing, value added 1.81 trillion constant 2015 US$ (2025)
- Gross capital formation 2.5% (2025)
- Gross capital formation 33.6% (2024)
- Imports of goods and services 8.49 trillion current US$ (2025)
- Trade in services 8.0% (2025)
- External balance on goods and services 4.7% (2025)
- Trade 50.8% (2025)
- Manufacturing, value added 21.0% (2025)
- Industry (including construction), value added 10.08 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 10.61 trillion current US$ (2025)
Frequently asked questions
- What is general government final consumption expenditure in Late-demographic dividend?
- General government final consumption expenditure in Late-demographic dividend was 4.99 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 Late-demographic dividend?
- The highest recorded value was 4.99 trillion current US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in Late-demographic dividend?
- The lowest recorded value was 24.85 billion current US$ in 1962.
- How does Late-demographic dividend rank for general government final consumption expenditure?
- Late-demographic dividend ranks 12th out of 41 groups with data for 2024.
- Is general government final consumption expenditure rising or falling in Late-demographic dividend?
- Over the last ten years it is up 53.6%. The long-run trend across the full record is volatile.
- Where does this Late-demographic dividend 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.