General government final consumption expenditure in Late-demographic dividend
Late-demographic dividend: General government final consumption expenditure was 16.7% in 2024. ▲ Rising
General government final consumption expenditure in Late-demographic dividend, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for general government final consumption expenditure in Late-demographic dividend is 16.7%, measured in 2024.
That represents a change of down 1.6% on the previous year and up 2.5% over ten years.
Over the whole period, general government final consumption expenditure in Late-demographic dividend peaked at 17.7% in 1990 and was at its lowest, 13.0%, in 1974.
That places Late-demographic dividend 19th out of 43 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
General government final consumption expenditure in Late-demographic dividend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 14.4% | — |
| 1961 | 15.5% | +8.1% |
| 1962 | 14.2% | -8.3% |
| 1963 | 15.0% | +5.1% |
| 1964 | 14.2% | -4.8% |
| 1965 | 13.6% | -4.2% |
| 1966 | 13.9% | +1.9% |
| 1967 | 13.3% | -4.2% |
| 1968 | 13.5% | +1.4% |
| 1969 | 13.8% | +2.2% |
| 1970 | 13.7% | -0.9% |
| 1971 | 14.4% | +5.1% |
| 1972 | 14.4% | -0.2% |
| 1973 | 13.4% | -7.0% |
| 1974 | 13.0% | -2.9% |
| 1975 | 13.3% | +2.8% |
| 1976 | 13.7% | +2.4% |
| 1977 | 13.2% | -3.7% |
| 1978 | 13.4% | +2.1% |
| 1979 | 13.7% | +2.0% |
| 1980 | 13.3% | -3.0% |
| 1981 | 13.4% | +1.1% |
| 1982 | 14.1% | +4.8% |
| 1983 | 14.6% | +3.9% |
| 1984 | 14.8% | +1.1% |
| 1985 | 15.0% | +1.4% |
| 1986 | 15.2% | +1.2% |
| 1987 | 14.9% | -1.9% |
| 1988 | 15.1% | +1.5% |
| 1989 | 16.6% | +9.6% |
| 1990 | 17.7% | +7.0% |
| 1991 | 16.0% | -9.7% |
| 1992 | 15.2% | -5.1% |
| 1993 | 16.5% | +8.8% |
| 1994 | 16.1% | -2.4% |
| 1995 | 16.7% | +3.6% |
| 1996 | 16.4% | -2.1% |
| 1997 | 16.7% | +2.0% |
| 1998 | 16.8% | +0.6% |
| 1999 | 16.6% | -1.0% |
| 2000 | 16.3% | -2.2% |
| 2001 | 16.4% | +1.0% |
| 2002 | 16.5% | +0.3% |
| 2003 | 16.0% | -2.6% |
| 2004 | 15.4% | -3.7% |
| 2005 | 15.5% | +0.3% |
| 2006 | 15.5% | +0.2% |
| 2007 | 15.5% | -0.2% |
| 2008 | 15.5% | +0.3% |
| 2009 | 16.4% | +5.7% |
| 2010 | 15.9% | -2.9% |
| 2011 | 16.0% | +0.1% |
| 2012 | 16.1% | +1.1% |
| 2013 | 16.3% | +1.2% |
| 2014 | 16.3% | -0.5% |
| 2015 | 16.4% | +1.1% |
| 2016 | 16.6% | +1.3% |
| 2017 | 16.6% | +0.1% |
| 2018 | 16.7% | +0.3% |
| 2019 | 17.0% | +1.8% |
| 2020 | 17.7% | +4.1% |
| 2021 | 16.4% | -7.2% |
| 2022 | 16.4% | -0.3% |
| 2023 | 16.9% | +3.4% |
| 2024 | 16.7% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.2% | 13.3% | 15.5% | 10 |
| 1970s | 13.6% | 13.0% | 14.4% | 10 |
| 1980s | 14.7% | 13.3% | 16.6% | 10 |
| 1990s | 16.5% | 15.2% | 17.7% | 10 |
| 2000s | 15.9% | 15.4% | 16.5% | 10 |
| 2010s | 16.4% | 15.9% | 17.0% | 10 |
| 2020s | 16.8% | 16.4% | 17.7% | 5 |
Countries ranked near Late-demographic dividend
- 16 Sweden 26.4% compare
- 17 Solomon Islands 26.2% compare
- 18 Finland 26.1% compare
- 19 Iceland 26.1% compare
- 20 Netherlands 25.9% compare
- 21 Kuwait 25.8% compare
- 22 Seychelles 25.1% compare
More economy & growth data for Late-demographic dividend
- Foreign direct investment, net outflows (BoP, current US$), gaps 244.79 billion BoP, current US$ (2025)
- Gross capital formation (current US$), per unit of GDP 0.3356 current US$ per US$ of GDP (2024)
- GDP 28.99 trillion constant 2015 US$ (2025)
- GDP 31.87 trillion current US$ (2025)
- Inflation, GDP deflator 3.7% (2025)
- Gross capital formation (current US$), per capita 4,321 current US$ per person (2024)
- Gross fixed capital formation (current US$), per capita 4,235 current US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 1.15 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.3289 current US$ per US$ of GDP (2024)
- GDP growth 4.5% (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 16.7% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest general government final consumption expenditure recorded in Late-demographic dividend?
- The highest recorded value was 17.7% in 1990.
- What is the lowest general government final consumption expenditure recorded in Late-demographic dividend?
- The lowest recorded value was 13.0% in 1974.
- How does Late-demographic dividend rank for general government final consumption expenditure?
- Late-demographic dividend ranks 19th out of 43 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 2.5%. The long-run trend across the full record is rising.
- Where does this Late-demographic dividend data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of General government final consumption expenditure (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.