Households and NPISHs Final consumption expenditure in OECD members
OECD members: Households and NPISHs Final consumption expenditure was 34.49 trillion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
34.49 trillion constant 2015 US$
Change on year
up 2.0%
Rank
3rd
of 40 groups
All-time high
34.49 trillion constant 2015 US$
in 2024
All-time low
8.47 trillion constant 2015 US$
in 1970
Years of data
55
1970–2024
Households and NPISHs Final consumption expenditure in OECD members, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
OECD members recorded 34.49 trillion constant 2015 US$ for households and npishs final consumption expenditure in 2024. That is the highest value across all 55 years on record.
The figure is up 2.0% on the previous year and up 22.8% over ten years.
Over the whole period, households and npishs final consumption expenditure in OECD members peaked at 34.49 trillion constant 2015 US$ in 2024 and was at its lowest, 8.47 trillion constant 2015 US$, in 1970.
That places OECD members 3rd out of 40 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Households and NPISHs Final consumption expenditure in OECD members, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 8.47 trillion constant 2015 US$ | — |
| 1971 | 8.84 trillion constant 2015 US$ | +4.4% |
| 1972 | 9.37 trillion constant 2015 US$ | +6.0% |
| 1973 | 9.89 trillion constant 2015 US$ | +5.5% |
| 1974 | 9.96 trillion constant 2015 US$ | +0.7% |
| 1975 | 10.20 trillion constant 2015 US$ | +2.4% |
| 1976 | 10.65 trillion constant 2015 US$ | +4.4% |
| 1977 | 11.02 trillion constant 2015 US$ | +3.5% |
| 1978 | 11.46 trillion constant 2015 US$ | +4.0% |
| 1979 | 11.88 trillion constant 2015 US$ | +3.6% |
| 1980 | 12.01 trillion constant 2015 US$ | +1.1% |
| 1981 | 12.19 trillion constant 2015 US$ | +1.5% |
| 1982 | 12.36 trillion constant 2015 US$ | +1.4% |
| 1983 | 12.75 trillion constant 2015 US$ | +3.2% |
| 1984 | 13.17 trillion constant 2015 US$ | +3.3% |
| 1985 | 13.68 trillion constant 2015 US$ | +3.8% |
| 1986 | 14.22 trillion constant 2015 US$ | +4.0% |
| 1987 | 14.74 trillion constant 2015 US$ | +3.6% |
| 1988 | 15.35 trillion constant 2015 US$ | +4.2% |
| 1989 | 15.90 trillion constant 2015 US$ | +3.6% |
| 1990 | 16.37 trillion constant 2015 US$ | +3.0% |
| 1991 | 16.58 trillion constant 2015 US$ | +1.3% |
| 1992 | 17.04 trillion constant 2015 US$ | +2.8% |
| 1993 | 17.38 trillion constant 2015 US$ | +2.0% |
| 1994 | 17.90 trillion constant 2015 US$ | +3.0% |
| 1995 | 18.34 trillion constant 2015 US$ | +2.4% |
| 1996 | 18.92 trillion constant 2015 US$ | +3.1% |
| 1997 | 19.52 trillion constant 2015 US$ | +3.2% |
| 1998 | 20.18 trillion constant 2015 US$ | +3.4% |
| 1999 | 21.03 trillion constant 2015 US$ | +4.2% |
| 2000 | 21.92 trillion constant 2015 US$ | +4.2% |
| 2001 | 22.41 trillion constant 2015 US$ | +2.3% |
| 2002 | 22.91 trillion constant 2015 US$ | +2.2% |
| 2003 | 23.45 trillion constant 2015 US$ | +2.4% |
| 2004 | 24.14 trillion constant 2015 US$ | +2.9% |
| 2005 | 24.86 trillion constant 2015 US$ | +3.0% |
| 2006 | 25.50 trillion constant 2015 US$ | +2.6% |
| 2007 | 26.14 trillion constant 2015 US$ | +2.5% |
| 2008 | 26.24 trillion constant 2015 US$ | +0.4% |
| 2009 | 25.91 trillion constant 2015 US$ | -1.3% |
| 2010 | 26.48 trillion constant 2015 US$ | +2.2% |
| 2011 | 26.85 trillion constant 2015 US$ | +1.4% |
| 2012 | 27.13 trillion constant 2015 US$ | +1.1% |
| 2013 | 27.54 trillion constant 2015 US$ | +1.5% |
| 2014 | 28.09 trillion constant 2015 US$ | +2.0% |
| 2015 | 28.85 trillion constant 2015 US$ | +2.7% |
| 2016 | 29.48 trillion constant 2015 US$ | +2.2% |
| 2017 | 30.19 trillion constant 2015 US$ | +2.4% |
| 2018 | 30.84 trillion constant 2015 US$ | +2.1% |
| 2019 | 31.33 trillion constant 2015 US$ | +1.6% |
| 2020 | 29.78 trillion constant 2015 US$ | -4.9% |
| 2021 | 31.82 trillion constant 2015 US$ | +6.9% |
| 2022 | 33.20 trillion constant 2015 US$ | +4.3% |
| 2023 | 33.81 trillion constant 2015 US$ | +1.8% |
| 2024 | 34.49 trillion constant 2015 US$ | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.17 trillion constant 2015 US$ | 8.47 trillion constant 2015 US$ | 11.88 trillion constant 2015 US$ | 10 |
| 1980s | 13.64 trillion constant 2015 US$ | 12.01 trillion constant 2015 US$ | 15.90 trillion constant 2015 US$ | 10 |
| 1990s | 18.33 trillion constant 2015 US$ | 16.37 trillion constant 2015 US$ | 21.03 trillion constant 2015 US$ | 10 |
| 2000s | 24.35 trillion constant 2015 US$ | 21.92 trillion constant 2015 US$ | 26.24 trillion constant 2015 US$ | 10 |
| 2010s | 28.68 trillion constant 2015 US$ | 26.48 trillion constant 2015 US$ | 31.33 trillion constant 2015 US$ | 10 |
| 2020s | 32.62 trillion constant 2015 US$ | 29.78 trillion constant 2015 US$ | 34.49 trillion constant 2015 US$ | 5 |
Countries ranked near OECD members
- 1 United States 15.65 trillion constant 2015 US$ compare
- 2 China 7.56 trillion constant 2015 US$ compare
- 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
More economy & growth data for OECD members
- Industry (including construction), value added 11.64 trillion constant 2015 US$ (2024)
- Trade 56.9% (2024)
- Agriculture, forestry, and fishing, value added 731.26 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 0.7% (2024)
- Manufacturing, value added 7.62 trillion current US$ (2022)
- Trade in services 14.9% (2025)
- Manufacturing, value added 12.4% (2022)
- Industry (including construction), value added 12.98 trillion current US$ (2022)
- Inflation, GDP deflator 3.1% (2025)
- Services, value added 69.8% (2021)
Frequently asked questions
- What is households and npishs final consumption expenditure in OECD members?
- Households and npishs final consumption expenditure in OECD members was 34.49 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 OECD members?
- The highest recorded value was 34.49 trillion constant 2015 US$ in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in OECD members?
- The lowest recorded value was 8.47 trillion constant 2015 US$ in 1970.
- How does OECD members rank for households and npishs final consumption expenditure?
- OECD members ranks 3rd out of 40 groups with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in OECD members?
- Over the last ten years it is up 22.8%. The long-run trend across the full record is rising.
- Where does this OECD members 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 — 55 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.