Households and NPISHs Final consumption expenditure in Latin America & Caribbean
Latin America & Caribbean: Households and NPISHs Final consumption expenditure was 4.27 trillion constant 2015 US$ in 2025. ◆ Volatile
Households and NPISHs Final consumption expenditure in Latin America & Caribbean, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Latin America & Caribbean recorded 4.27 trillion constant 2015 US$ for households and npishs final consumption expenditure in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 2.5% on the previous year and up 19.7% over ten years.
Over the whole period, households and npishs final consumption expenditure in Latin America & Caribbean peaked at 4.27 trillion constant 2015 US$ in 2025 and was at its lowest, 380.97 billion constant 2015 US$, in 1960.
Latin America & Caribbean ranks 20th of 42 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure in Latin America & Caribbean, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 380.97 billion constant 2015 US$ | — |
| 1961 | 406.02 billion constant 2015 US$ | +6.6% |
| 1962 | 431.29 billion constant 2015 US$ | +6.2% |
| 1963 | 446.57 billion constant 2015 US$ | +3.5% |
| 1964 | 475.15 billion constant 2015 US$ | +6.4% |
| 1965 | 536.89 billion constant 2015 US$ | +13.0% |
| 1966 | 566.75 billion constant 2015 US$ | +5.6% |
| 1967 | 603.73 billion constant 2015 US$ | +6.5% |
| 1968 | 647.43 billion constant 2015 US$ | +7.2% |
| 1969 | 664.52 billion constant 2015 US$ | +2.6% |
| 1970 | 731.02 billion constant 2015 US$ | +10.0% |
| 1971 | 787.60 billion constant 2015 US$ | +7.7% |
| 1972 | 850.96 billion constant 2015 US$ | +8.0% |
| 1973 | 909.20 billion constant 2015 US$ | +6.8% |
| 1974 | 968.21 billion constant 2015 US$ | +6.5% |
| 1975 | 972.20 billion constant 2015 US$ | +0.4% |
| 1976 | 1.08 trillion constant 2015 US$ | +11.5% |
| 1977 | 1.13 trillion constant 2015 US$ | +4.6% |
| 1978 | 1.18 trillion constant 2015 US$ | +3.8% |
| 1979 | 1.27 trillion constant 2015 US$ | +7.6% |
| 1980 | 1.46 trillion constant 2015 US$ | +15.5% |
| 1981 | 1.46 trillion constant 2015 US$ | -0.1% |
| 1982 | 1.46 trillion constant 2015 US$ | -0.1% |
| 1983 | 1.42 trillion constant 2015 US$ | -2.8% |
| 1984 | 1.46 trillion constant 2015 US$ | +3.0% |
| 1985 | 1.50 trillion constant 2015 US$ | +2.6% |
| 1986 | 1.58 trillion constant 2015 US$ | +5.2% |
| 1987 | 1.57 trillion constant 2015 US$ | -0.8% |
| 1988 | 1.54 trillion constant 2015 US$ | -1.8% |
| 1989 | 1.56 trillion constant 2015 US$ | +1.6% |
| 1990 | 1.63 trillion constant 2015 US$ | +4.4% |
| 1991 | 1.70 trillion constant 2015 US$ | +4.0% |
| 1992 | 1.73 trillion constant 2015 US$ | +1.8% |
| 1993 | 1.76 trillion constant 2015 US$ | +2.1% |
| 1994 | 1.85 trillion constant 2015 US$ | +5.2% |
| 1995 | 1.90 trillion constant 2015 US$ | +2.7% |
| 1996 | 1.98 trillion constant 2015 US$ | +4.1% |
| 1997 | 2.09 trillion constant 2015 US$ | +5.4% |
| 1998 | 2.15 trillion constant 2015 US$ | +2.7% |
| 1999 | 2.17 trillion constant 2015 US$ | +0.9% |
| 2000 | 2.26 trillion constant 2015 US$ | +4.5% |
| 2001 | 2.28 trillion constant 2015 US$ | +0.7% |
| 2002 | 2.29 trillion constant 2015 US$ | +0.2% |
| 2003 | 2.33 trillion constant 2015 US$ | +2.1% |
| 2004 | 2.43 trillion constant 2015 US$ | +4.0% |
| 2005 | 2.53 trillion constant 2015 US$ | +4.2% |
| 2006 | 2.68 trillion constant 2015 US$ | +5.9% |
| 2007 | 2.81 trillion constant 2015 US$ | +4.9% |
| 2008 | 2.93 trillion constant 2015 US$ | +4.3% |
| 2009 | 2.90 trillion constant 2015 US$ | -0.8% |
| 2010 | 3.09 trillion constant 2015 US$ | +6.4% |
| 2011 | 3.26 trillion constant 2015 US$ | +5.5% |
| 2012 | 3.36 trillion constant 2015 US$ | +3.2% |
| 2013 | 3.48 trillion constant 2015 US$ | +3.5% |
| 2014 | 3.54 trillion constant 2015 US$ | +1.7% |
| 2015 | 3.57 trillion constant 2015 US$ | +0.9% |
| 2016 | 3.56 trillion constant 2015 US$ | -0.2% |
| 2017 | 3.65 trillion constant 2015 US$ | +2.5% |
| 2018 | 3.72 trillion constant 2015 US$ | +1.9% |
| 2019 | 3.76 trillion constant 2015 US$ | +1.2% |
| 2020 | 3.48 trillion constant 2015 US$ | -7.4% |
| 2021 | 3.76 trillion constant 2015 US$ | +8.0% |
| 2022 | 3.96 trillion constant 2015 US$ | +5.2% |
| 2023 | 4.06 trillion constant 2015 US$ | +2.5% |
| 2024 | 4.17 trillion constant 2015 US$ | +2.8% |
| 2025 | 4.27 trillion constant 2015 US$ | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 515.93 billion constant 2015 US$ | 380.97 billion constant 2015 US$ | 664.52 billion constant 2015 US$ | 10 |
| 1970s | 988.31 billion constant 2015 US$ | 731.02 billion constant 2015 US$ | 1.27 trillion constant 2015 US$ | 10 |
| 1980s | 1.50 trillion constant 2015 US$ | 1.42 trillion constant 2015 US$ | 1.58 trillion constant 2015 US$ | 10 |
| 1990s | 1.90 trillion constant 2015 US$ | 1.63 trillion constant 2015 US$ | 2.17 trillion constant 2015 US$ | 10 |
| 2000s | 2.54 trillion constant 2015 US$ | 2.26 trillion constant 2015 US$ | 2.93 trillion constant 2015 US$ | 10 |
| 2010s | 3.50 trillion constant 2015 US$ | 3.09 trillion constant 2015 US$ | 3.76 trillion constant 2015 US$ | 10 |
| 2020s | 3.95 trillion constant 2015 US$ | 3.48 trillion constant 2015 US$ | 4.27 trillion constant 2015 US$ | 6 |
Countries ranked near Latin America & Caribbean
- 17 Indonesia 727.66 billion constant 2015 US$ compare
- 18 Egypt 443.55 billion constant 2015 US$ compare
- 19 Saudi Arabia 438.69 billion constant 2015 US$ compare
- 20 Switzerland 418.37 billion constant 2015 US$ compare
- 21 Argentina 413.68 billion constant 2015 US$ compare
- 22 Netherlands 408.44 billion constant 2015 US$ compare
- 23 Pakistan 399.16 billion constant 2015 US$ compare
More economy & growth data for Latin America & Caribbean
- Final consumption expenditure (current US$), per unit of GDP 0.8191 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), per unit of GDP 0.2615 current US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.683 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), annual growth rate 2.44 % change on previous year (2025)
- Final consumption expenditure (current US$), per capita 9,089 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,410 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5777 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), per capita 7,578 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 4.18 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure in Latin America & Caribbean?
- Households and npishs final consumption expenditure in Latin America & Caribbean was 4.27 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Latin America & Caribbean?
- The highest recorded value was 4.27 trillion constant 2015 US$ in 2025.
- What is the lowest households and npishs final consumption expenditure recorded in Latin America & Caribbean?
- The lowest recorded value was 380.97 billion constant 2015 US$ in 1960.
- How does Latin America & Caribbean rank for households and npishs final consumption expenditure?
- Latin America & Caribbean ranks 20th out of 42 groups with data for 2025.
- Is households and npishs final consumption expenditure rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 19.7%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.