Households and NPISHs Final consumption expenditure in Low & middle income
Low & middle income: Households and NPISHs Final consumption expenditure was 20.06 trillion constant 2015 US$ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure in Low & middle income, 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, households and npishs final consumption expenditure in Low & middle income stood at 20.06 trillion constant 2015 US$. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 4.7% on the previous year and up 56.9% over ten years.
Over the whole period, households and npishs final consumption expenditure in Low & middle income peaked at 20.06 trillion constant 2015 US$ in 2024 and was at its lowest, 4.73 trillion constant 2015 US$, in 1995.
Low & middle income ranks 6th of 42 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Households and NPISHs Final consumption expenditure in Low & middle income, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 4.73 trillion constant 2015 US$ | — |
| 1996 | 5.01 trillion constant 2015 US$ | +6.1% |
| 1997 | 5.26 trillion constant 2015 US$ | +4.8% |
| 1998 | 5.40 trillion constant 2015 US$ | +2.8% |
| 1999 | 5.59 trillion constant 2015 US$ | +3.5% |
| 2000 | 5.90 trillion constant 2015 US$ | +5.5% |
| 2001 | 6.09 trillion constant 2015 US$ | +3.1% |
| 2002 | 6.31 trillion constant 2015 US$ | +3.7% |
| 2003 | 6.59 trillion constant 2015 US$ | +4.4% |
| 2004 | 6.98 trillion constant 2015 US$ | +6.0% |
| 2005 | 7.46 trillion constant 2015 US$ | +6.8% |
| 2006 | 7.95 trillion constant 2015 US$ | +6.6% |
| 2007 | 8.58 trillion constant 2015 US$ | +7.9% |
| 2008 | 9.03 trillion constant 2015 US$ | +5.3% |
| 2009 | 9.35 trillion constant 2015 US$ | +3.5% |
| 2010 | 10.06 trillion constant 2015 US$ | +7.6% |
| 2011 | 10.88 trillion constant 2015 US$ | +8.2% |
| 2012 | 11.51 trillion constant 2015 US$ | +5.8% |
| 2013 | 12.17 trillion constant 2015 US$ | +5.7% |
| 2014 | 12.78 trillion constant 2015 US$ | +5.1% |
| 2015 | 13.39 trillion constant 2015 US$ | +4.8% |
| 2016 | 14.09 trillion constant 2015 US$ | +5.2% |
| 2017 | 14.90 trillion constant 2015 US$ | +5.8% |
| 2018 | 15.69 trillion constant 2015 US$ | +5.3% |
| 2019 | 16.32 trillion constant 2015 US$ | +4.0% |
| 2020 | 15.76 trillion constant 2015 US$ | -3.4% |
| 2021 | 17.26 trillion constant 2015 US$ | +9.5% |
| 2022 | 18.01 trillion constant 2015 US$ | +4.4% |
| 2023 | 19.16 trillion constant 2015 US$ | +6.4% |
| 2024 | 20.06 trillion constant 2015 US$ | +4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.20 trillion constant 2015 US$ | 4.73 trillion constant 2015 US$ | 5.59 trillion constant 2015 US$ | 5 |
| 2000s | 7.42 trillion constant 2015 US$ | 5.90 trillion constant 2015 US$ | 9.35 trillion constant 2015 US$ | 10 |
| 2010s | 13.18 trillion constant 2015 US$ | 10.06 trillion constant 2015 US$ | 16.32 trillion constant 2015 US$ | 10 |
| 2020s | 18.05 trillion constant 2015 US$ | 15.76 trillion constant 2015 US$ | 20.06 trillion constant 2015 US$ | 5 |
Countries ranked near Low & middle income
- 3 Japan 2.45 trillion constant 2015 US$ compare
- 4 India 2.20 trillion constant 2015 US$ compare
- 5 United Kingdom of Great Britain and Northern Ireland 2.06 trillion constant 2015 US$ compare
- 6 Germany 2.01 trillion constant 2015 US$ compare
- 7 France 1.46 trillion constant 2015 US$ compare
- 8 Brazil 1.34 trillion constant 2015 US$ compare
- 9 Italy 1.18 trillion constant 2015 US$ compare
More economy & growth data for Low & middle income
- GDP per capita 6,107 current US$ (2025)
- Services, value added 23.90 trillion current US$ (2025)
- Trade in services 8.2% (2025)
- Services, value added 57.6% (2025)
- Inflation, GDP deflator 4.3% (2025)
- GDP 41.48 trillion current US$ (2025)
- GDP 38.93 trillion constant 2015 US$ (2025)
- GDP growth 4.5% (2025)
- GNI 40.95 trillion current US$ (2025)
- GNI, Atlas method 41.63 trillion current US$ (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 20.06 trillion constant 2015 US$ 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 20.06 trillion constant 2015 US$ in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in Low & middle income?
- The lowest recorded value was 4.73 trillion constant 2015 US$ in 1995.
- How does Low & middle income rank for households and npishs final consumption expenditure?
- Low & middle income ranks 6th 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 up 56.9%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). 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 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.