Households and NPISHs Final consumption expenditure in Upper middle income

Upper middle income: Households and NPISHs Final consumption expenditure was 14.99 trillion constant 2015 US$ in 2024. ▲ Rising

Latest (2024)
14.99 trillion constant 2015 US$
Change on year
up 4.5%
Rank
10th
of 40 groups
All-time high
14.99 trillion constant 2015 US$
in 2024
All-time low
3.48 trillion constant 2015 US$
in 1995
Years of data
30
1995–2024

Households and NPISHs Final consumption expenditure in Upper middle income, 1995–2024

2.5T5.0T7.5T10.0T12.5T15.0T1995200920241995: 3.5T constant 2015 US$1996: 3.7T constant 2015 US$1997: 3.9T constant 2015 US$1998: 4.0T constant 2015 US$1999: 4.1T constant 2015 US$2000: 4.3T constant 2015 US$2001: 4.5T constant 2015 US$2002: 4.6T constant 2015 US$2003: 4.8T constant 2015 US$2004: 5.1T constant 2015 US$2005: 5.5T constant 2015 US$2006: 5.9T constant 2015 US$2007: 6.4T constant 2015 US$2008: 6.7T constant 2015 US$2009: 6.9T constant 2015 US$2010: 7.5T constant 2015 US$2011: 8.2T constant 2015 US$2012: 8.6T constant 2015 US$2013: 9.2T constant 2015 US$2014: 9.6T constant 2015 US$2015: 10.1T constant 2015 US$2016: 10.6T constant 2015 US$2017: 11.2T constant 2015 US$2018: 11.8T constant 2015 US$2019: 12.2T constant 2015 US$2020: 11.8T constant 2015 US$2021: 12.9T constant 2015 US$2022: 13.4T constant 2015 US$2023: 14.3T constant 2015 US$2024: 15.0T constant 2015 US$

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 Upper middle income stood at 14.99 trillion constant 2015 US$. That is the highest value across all 30 years on record.

Compared with earlier readings it is up 4.5% on the previous year and up 55.8% over ten years.

Over the whole period, households and npishs final consumption expenditure in Upper middle income peaked at 14.99 trillion constant 2015 US$ in 2024 and was at its lowest, 3.48 trillion constant 2015 US$, in 1995.

Upper middle income ranks 10th of 40 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 Upper middle income, year by year

Annual values for Households and NPISHs Final consumption expenditure (constant 2015 US$) in Upper middle income, 1995 to 2024.
Year constant 2015 US$ Change
1995 3.48 trillion constant 2015 US$
1996 3.68 trillion constant 2015 US$ +5.9%
1997 3.88 trillion constant 2015 US$ +5.4%
1998 3.96 trillion constant 2015 US$ +2.0%
1999 4.08 trillion constant 2015 US$ +3.2%
2000 4.35 trillion constant 2015 US$ +6.4%
2001 4.46 trillion constant 2015 US$ +2.6%
2002 4.64 trillion constant 2015 US$ +4.0%
2003 4.83 trillion constant 2015 US$ +4.2%
2004 5.14 trillion constant 2015 US$ +6.3%
2005 5.48 trillion constant 2015 US$ +6.6%
2006 5.87 trillion constant 2015 US$ +7.2%
2007 6.36 trillion constant 2015 US$ +8.3%
2008 6.71 trillion constant 2015 US$ +5.5%
2009 6.92 trillion constant 2015 US$ +3.2%
2010 7.48 trillion constant 2015 US$ +8.2%
2011 8.15 trillion constant 2015 US$ +9.0%
2012 8.65 trillion constant 2015 US$ +6.0%
2013 9.16 trillion constant 2015 US$ +5.9%
2014 9.62 trillion constant 2015 US$ +5.0%
2015 10.07 trillion constant 2015 US$ +4.7%
2016 10.57 trillion constant 2015 US$ +5.0%
2017 11.20 trillion constant 2015 US$ +5.9%
2018 11.78 trillion constant 2015 US$ +5.2%
2019 12.24 trillion constant 2015 US$ +3.9%
2020 11.79 trillion constant 2015 US$ -3.7%
2021 12.92 trillion constant 2015 US$ +9.6%
2022 13.41 trillion constant 2015 US$ +3.8%
2023 14.34 trillion constant 2015 US$ +6.9%
2024 14.99 trillion constant 2015 US$ +4.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.82 trillion constant 2015 US$ 3.48 trillion constant 2015 US$ 4.08 trillion constant 2015 US$ 5
2000s 5.47 trillion constant 2015 US$ 4.35 trillion constant 2015 US$ 6.92 trillion constant 2015 US$ 10
2010s 9.89 trillion constant 2015 US$ 7.48 trillion constant 2015 US$ 12.24 trillion constant 2015 US$ 10
2020s 13.49 trillion constant 2015 US$ 11.79 trillion constant 2015 US$ 14.99 trillion constant 2015 US$ 5

Countries ranked near Upper middle income

  1. 7 France 1.46 trillion constant 2015 US$ compare
  2. 8 Brazil 1.34 trillion constant 2015 US$ compare
  3. 9 Italy 1.18 trillion constant 2015 US$ compare
  4. 10 Canada 1.12 trillion constant 2015 US$ compare
  5. 11 Mexico 985.78 billion constant 2015 US$ compare
  6. 12 Russia 954.76 billion constant 2015 US$ compare
  7. 13 Turkey 937.40 billion constant 2015 US$ compare

See the full ranking of 213 places →

More economy & growth data for Upper middle income

All data for Upper middle income →

Frequently asked questions

What is households and npishs final consumption expenditure in Upper middle income?
Households and npishs final consumption expenditure in Upper middle income was 14.99 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 Upper middle income?
The highest recorded value was 14.99 trillion constant 2015 US$ in 2024.
What is the lowest households and npishs final consumption expenditure recorded in Upper middle income?
The lowest recorded value was 3.48 trillion constant 2015 US$ in 1995.
How does Upper middle income rank for households and npishs final consumption expenditure?
Upper middle income ranks 10th out of 40 groups with data for 2024.
Is households and npishs final consumption expenditure rising or falling in Upper middle income?
Over the last ten years it is up 55.8%. The long-run trend across the full record is rising.
Where does this Upper 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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Households and NPISHs Final consumption expenditure in Upper middle income. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 01 September 2026, from https://economy.statizoid.com/stat/households-and-npishs-final-consumption-expenditure-constant-2015-us/upper-middle-income/

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About this data

Indicator
Households and NPISHs Final consumption expenditure (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 8,932 data points, 1960–2025
Last refreshed

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.