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 15.7% in 2025. ▲ Rising
General government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries), 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2025, general government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) stood at 15.7%.
That represents a change of up 1.6% on the previous year and down 4.3% over ten years.
Over the whole period, general government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries) peaked at 17.1% in 2020 and was at its lowest, 8.5%, in 1964.
That places Latin America & the Caribbean (IDA & IBRD countries) 26th out of 43 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
General government final consumption expenditure in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 9.3% | — |
| 1961 | 8.8% | -5.9% |
| 1962 | 9.8% | +11.8% |
| 1963 | 9.7% | -1.4% |
| 1964 | 8.5% | -12.4% |
| 1965 | 8.6% | +1.8% |
| 1966 | 9.4% | +9.2% |
| 1967 | 9.3% | -1.4% |
| 1968 | 9.3% | -0.2% |
| 1969 | 9.2% | -0.1% |
| 1970 | 9.7% | +5.5% |
| 1971 | 10.2% | +4.2% |
| 1972 | 10.1% | -0.5% |
| 1973 | 10.1% | +0.3% |
| 1974 | 10.3% | +2.0% |
| 1975 | 10.7% | +3.5% |
| 1976 | 10.6% | -1.2% |
| 1977 | 10.1% | -4.2% |
| 1978 | 10.5% | +3.4% |
| 1979 | 10.5% | +0.2% |
| 1980 | 10.1% | -3.6% |
| 1981 | 10.7% | +5.8% |
| 1982 | 10.9% | +1.6% |
| 1983 | 9.9% | -9.3% |
| 1984 | 9.1% | -8.2% |
| 1985 | 9.7% | +7.2% |
| 1986 | 10.0% | +3.4% |
| 1987 | 10.5% | +4.9% |
| 1988 | 10.5% | -0.2% |
| 1989 | 11.9% | +13.2% |
| 1990 | 12.4% | +4.2% |
| 1991 | 11.1% | -10.5% |
| 1992 | 10.7% | -3.8% |
| 1993 | 12.4% | +15.9% |
| 1994 | 13.1% | +5.9% |
| 1995 | 15.2% | +16.4% |
| 1996 | 14.8% | -2.5% |
| 1997 | 14.5% | -2.3% |
| 1998 | 14.7% | +1.2% |
| 1999 | 14.0% | -4.5% |
| 2000 | 13.4% | -4.4% |
| 2001 | 13.4% | -0.2% |
| 2002 | 13.4% | +0.4% |
| 2003 | 13.7% | +1.8% |
| 2004 | 13.2% | -3.1% |
| 2005 | 13.6% | +2.6% |
| 2006 | 13.7% | +0.7% |
| 2007 | 13.9% | +1.6% |
| 2008 | 14.1% | +1.2% |
| 2009 | 15.2% | +8.3% |
| 2010 | 15.1% | -1.1% |
| 2011 | 15.4% | +1.9% |
| 2012 | 15.2% | -1.3% |
| 2013 | 15.7% | +3.8% |
| 2014 | 16.0% | +1.7% |
| 2015 | 16.4% | +2.5% |
| 2016 | 16.7% | +1.5% |
| 2017 | 16.7% | +0.1% |
| 2018 | 16.2% | -2.7% |
| 2019 | 16.3% | +0.7% |
| 2020 | 17.1% | +4.6% |
| 2021 | 15.8% | -7.8% |
| 2022 | 15.4% | -2.4% |
| 2023 | 15.7% | +2.1% |
| 2024 | 15.5% | -1.6% |
| 2025 | 15.7% | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.2% | 8.5% | 9.8% | 10 |
| 1970s | 10.3% | 9.7% | 10.7% | 10 |
| 1980s | 10.3% | 9.1% | 11.9% | 10 |
| 1990s | 13.3% | 10.7% | 15.2% | 10 |
| 2000s | 13.7% | 13.2% | 15.2% | 10 |
| 2010s | 16.0% | 15.1% | 16.7% | 10 |
| 2020s | 15.9% | 15.4% | 17.1% | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.157 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (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 15.7% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest general government final consumption expenditure recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 17.1% in 2020.
- What is the lowest general government final consumption expenditure recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 8.5% in 1964.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for general government final consumption expenditure?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 26th 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 down 4.3%. The long-run trend across the full record is rising.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.