General government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): General government final consumption expenditure was 1.11 trillion current US$ in 2025. ◆ Volatile
General government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries), 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, general government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) stood at 1.11 trillion current US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 6.1% on the previous year and up 33.1% over ten years.
Over the whole period, general government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) peaked at 1.11 trillion current US$ in 2025 and was at its lowest, 6.93 billion current US$, in 1960.
That places Latin America & the Caribbean (IDA & IBRD countries) 21st out of 43 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 6.93 billion current US$ | — |
| 1961 | 7.22 billion current US$ | +4.2% |
| 1962 | 8.46 billion current US$ | +17.3% |
| 1963 | 9.07 billion current US$ | +7.1% |
| 1964 | 8.83 billion current US$ | -2.7% |
| 1965 | 9.64 billion current US$ | +9.2% |
| 1966 | 11.59 billion current US$ | +20.2% |
| 1967 | 11.62 billion current US$ | +0.2% |
| 1968 | 12.43 billion current US$ | +7.0% |
| 1969 | 13.86 billion current US$ | +11.5% |
| 1970 | 15.93 billion current US$ | +15.0% |
| 1971 | 18.45 billion current US$ | +15.8% |
| 1972 | 20.62 billion current US$ | +11.8% |
| 1973 | 27.77 billion current US$ | +34.6% |
| 1974 | 37.02 billion current US$ | +33.3% |
| 1975 | 40.06 billion current US$ | +8.2% |
| 1976 | 43.47 billion current US$ | +8.5% |
| 1977 | 45.83 billion current US$ | +5.4% |
| 1978 | 56.71 billion current US$ | +23.7% |
| 1979 | 63.77 billion current US$ | +12.5% |
| 1980 | 75.27 billion current US$ | +18.0% |
| 1981 | 91.34 billion current US$ | +21.4% |
| 1982 | 84.83 billion current US$ | -7.1% |
| 1983 | 67.22 billion current US$ | -20.8% |
| 1984 | 64.73 billion current US$ | -3.7% |
| 1985 | 68.51 billion current US$ | +5.8% |
| 1986 | 71.45 billion current US$ | +4.3% |
| 1987 | 80.43 billion current US$ | +12.6% |
| 1988 | 88.07 billion current US$ | +9.5% |
| 1989 | 110.56 billion current US$ | +25.5% |
| 1990 | 127.91 billion current US$ | +15.7% |
| 1991 | 124.48 billion current US$ | -2.7% |
| 1992 | 131.39 billion current US$ | +5.5% |
| 1993 | 181.19 billion current US$ | +37.9% |
| 1994 | 224.43 billion current US$ | +23.9% |
| 1995 | 282.58 billion current US$ | +25.9% |
| 1996 | 299.27 billion current US$ | +5.9% |
| 1997 | 320.75 billion current US$ | +7.2% |
| 1998 | 327.56 billion current US$ | +2.1% |
| 1999 | 280.42 billion current US$ | -14.4% |
| 2000 | 296.57 billion current US$ | +5.8% |
| 2001 | 288.78 billion current US$ | -2.6% |
| 2002 | 258.49 billion current US$ | -10.5% |
| 2003 | 267.76 billion current US$ | +3.6% |
| 2004 | 299.67 billion current US$ | +11.9% |
| 2005 | 373.58 billion current US$ | +24.7% |
| 2006 | 442.10 billion current US$ | +18.3% |
| 2007 | 531.60 billion current US$ | +20.2% |
| 2008 | 628.09 billion current US$ | +18.2% |
| 2009 | 636.44 billion current US$ | +1.3% |
| 2010 | 785.58 billion current US$ | +23.4% |
| 2011 | 912.33 billion current US$ | +16.1% |
| 2012 | 908.89 billion current US$ | -0.4% |
| 2013 | 951.03 billion current US$ | +4.6% |
| 2014 | 961.22 billion current US$ | +1.1% |
| 2015 | 831.69 billion current US$ | -13.5% |
| 2016 | 820.04 billion current US$ | -1.4% |
| 2017 | 914.55 billion current US$ | +11.5% |
| 2018 | 867.78 billion current US$ | -5.1% |
| 2019 | 854.71 billion current US$ | -1.5% |
| 2020 | 750.18 billion current US$ | -12.2% |
| 2021 | 806.80 billion current US$ | +7.5% |
| 2022 | 900.36 billion current US$ | +11.6% |
| 2023 | 1.04 trillion current US$ | +15.0% |
| 2024 | 1.04 trillion current US$ | +0.8% |
| 2025 | 1.11 trillion current US$ | +6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.96 billion current US$ | 6.93 billion current US$ | 13.86 billion current US$ | 10 |
| 1970s | 36.96 billion current US$ | 15.93 billion current US$ | 63.77 billion current US$ | 10 |
| 1980s | 80.24 billion current US$ | 64.73 billion current US$ | 110.56 billion current US$ | 10 |
| 1990s | 230.00 billion current US$ | 124.48 billion current US$ | 327.56 billion current US$ | 10 |
| 2000s | 402.31 billion current US$ | 258.49 billion current US$ | 636.44 billion current US$ | 10 |
| 2010s | 880.78 billion current US$ | 785.58 billion current US$ | 961.22 billion current US$ | 10 |
| 2020s | 940.65 billion current US$ | 750.18 billion current US$ | 1.11 trillion current US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 18 Poland 220.69 billion current US$ compare
- 19 Mexico 216.08 billion current US$ compare
- 20 Sweden 176.83 billion current US$ compare
- 21 Belgium 173.77 billion current US$ compare
- 22 Israel 152.53 billion current US$ compare
- 23 Austria 126.95 billion current US$ compare
- 24 Switzerland 125.67 billion current US$ compare
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Final consumption expenditure (current US$), per unit of GDP 0.8168 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), per unit of GDP 0.2611 current US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6878 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), annual growth rate 2.42 % change on previous year (2025)
- Final consumption expenditure (current US$), per capita 8,840 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), per capita 7,444 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 4.18 % change on previous year (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is general government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries)?
- General government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) was 1.11 trillion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 1.11 trillion current US$ in 2025.
- What is the lowest general government final consumption expenditure recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 6.93 billion current US$ in 1960.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for general government final consumption expenditure?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 21st out of 43 groups with data for 2025.
- Is general government final consumption expenditure rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 33.1%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.