Households and NPISHs Final consumption expenditure in Low & middle income
Low & middle income: Households and NPISHs Final consumption expenditure was 4.7% in 2024. ▬ Flat
Households and NPISHs Final consumption expenditure in Low & middle income, 1996–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Low & middle income recorded 4.7% for households and npishs final consumption expenditure in 2024.
Compared with earlier readings it is down 26.7% on the previous year and down 7.3% over ten years.
Over the whole period, households and npishs final consumption expenditure in Low & middle income peaked at 9.5% in 2021 and was at its lowest, -3.4%, in 2020.
Low & middle income ranks 18th of 42 groups on this measure, in the middle of the range.
Households and NPISHs Final consumption expenditure in Low & middle income, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1996 | 6.1% | — |
| 1997 | 4.8% | -20.4% |
| 1998 | 2.8% | -41.8% |
| 1999 | 3.5% | +26.0% |
| 2000 | 5.5% | +56.6% |
| 2001 | 3.1% | -44.1% |
| 2002 | 3.7% | +19.2% |
| 2003 | 4.4% | +19.2% |
| 2004 | 6.0% | +36.7% |
| 2005 | 6.8% | +12.9% |
| 2006 | 6.6% | -3.0% |
| 2007 | 7.9% | +19.9% |
| 2008 | 5.3% | -32.5% |
| 2009 | 3.5% | -34.7% |
| 2010 | 7.6% | +119.3% |
| 2011 | 8.2% | +6.9% |
| 2012 | 5.8% | -29.2% |
| 2013 | 5.7% | -1.0% |
| 2014 | 5.1% | -11.5% |
| 2015 | 4.8% | -5.5% |
| 2016 | 5.2% | +8.4% |
| 2017 | 5.8% | +12.1% |
| 2018 | 5.3% | -9.0% |
| 2019 | 4.0% | -24.3% |
| 2020 | -3.4% | -185.6% |
| 2021 | 9.5% | -377.1% |
| 2022 | 4.4% | -54.0% |
| 2023 | 6.4% | +46.6% |
| 2024 | 4.7% | -26.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.3% | 2.8% | 6.1% | 4 |
| 2000s | 5.3% | 3.1% | 7.9% | 10 |
| 2010s | 5.7% | 4.0% | 8.2% | 10 |
| 2020s | 4.3% | -3.4% | 9.5% | 5 |
Countries ranked near Low & middle income
- 15 Sao Tome and Principe 8.7% compare
- 16 Georgia 8.6% compare
- 17 San Marino 8.3% compare
- 18 Solomon Islands 8.2% compare
- 19 Argentina 7.9% compare
- 20 India 7.7% compare
- 21 Uganda 7.6% compare
More economy & growth data for Low & middle income
- Manufacturing, value added (current US$), per capita 1,225 current US$ per person (2025)
- Industry (including construction), value added 4.2% (2025)
- Industry (including construction), value added 32.3% (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 508.01 constant 2015 US$ per person (2025)
- Services, value added 23.90 trillion current US$ (2025)
- Services, value added 22.45 trillion constant 2015 US$ (2025)
- Services, value added 57.6% (2025)
- Manufacturing, value added (current US$), per unit of GDP 0.2006 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,913 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3132 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure in Low & middle income?
- Households and npishs final consumption expenditure in Low & middle income was 4.7% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Low & middle income?
- The highest recorded value was 9.5% in 2021.
- What is the lowest households and npishs final consumption expenditure recorded in Low & middle income?
- The lowest recorded value was -3.4% in 2020.
- How does Low & middle income rank for households and npishs final consumption expenditure?
- Low & middle income ranks 18th out of 42 groups with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Low & middle income?
- Over the last ten years it is down 7.3%. The long-run trend across the full record is flat.
- Where does this Low & middle income data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Households and NPISHs Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.