General government final consumption expenditure in OECD members
OECD members: General government final consumption expenditure was 11.83 trillion current US$ in 2024. β Volatile
General government final consumption expenditure in OECD members, 1970β2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, general government final consumption expenditure in OECD members stood at 11.83 trillion current US$. That is the highest value across all 55 years on record.
That represents a change of up 5.7% on the previous year and up 31.5% over ten years.
Over the whole period, general government final consumption expenditure in OECD members peaked at 11.83 trillion current US$ in 2024 and was at its lowest, 396.60 billion current US$, in 1970.
OECD members ranks 3rd of 41 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 800.08 billion current US$ | 396.60 billion current US$ | 1.37 trillion current US$ | 10 |
| 1980s | 1.98 trillion current US$ | 1.56 trillion current US$ | 2.79 trillion current US$ | 10 |
| 1990s | 3.96 trillion current US$ | 3.21 trillion current US$ | 4.43 trillion current US$ | 10 |
| 2000s | 6.32 trillion current US$ | 4.48 trillion current US$ | 8.28 trillion current US$ | 10 |
| 2010s | 8.84 trillion current US$ | 8.27 trillion current US$ | 9.38 trillion current US$ | 10 |
| 2020s | 10.85 trillion current US$ | 9.89 trillion current US$ | 11.83 trillion current US$ | 5 |
Countries ranked near OECD members
More economy & growth data for OECD members
- Final consumption expenditure 44.42 trillion constant 2015 US$ (2024)
- Manufacturing, value added 7.62 trillion current US$ (2022)
- Agriculture, forestry, and fishing, value added 0.7% (2024)
- Households and NPISHs final consumption expenditure 60.1% (2024)
- Final consumption expenditure 52.86 trillion current US$ (2024)
- Gross national expenditure 68.20 trillion current US$ (2024)
- Exports of goods and services 20.50 trillion current US$ (2025)
- Gross national expenditure 56.77 trillion constant 2015 US$ (2024)
- Households and NPISHs Final consumption expenditure per capita growth 1.3% (2024)
- Final consumption expenditure 2.2% (2024)
Frequently asked questions
- What is general government final consumption expenditure in OECD members?
- General government final consumption expenditure in OECD members was 11.83 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 OECD members?
- The highest recorded value was 11.83 trillion current US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in OECD members?
- The lowest recorded value was 396.60 billion current US$ in 1970.
- How does OECD members rank for general government final consumption expenditure?
- OECD members ranks 3rd out of 41 groups with data for 2024.
- Is general government final consumption expenditure rising or falling in OECD members?
- Over the last ten years it is up 31.5%. The long-run trend across the full record is volatile.
- Where does this OECD members 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.