Households and NPISHs Final consumption expenditure in World
World: Households and NPISHs Final consumption expenditure was 55.36 trillion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
55.36 trillion constant 2015 US$
Change on year
up 3.0%
Rank
1st
of 40 groups
All-time high
55.36 trillion constant 2015 US$
in 2024
All-time low
10.47 trillion constant 2015 US$
in 1970
Years of data
55
1970–2024
Households and NPISHs Final consumption expenditure in World, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for households and npishs final consumption expenditure in World is 55.36 trillion constant 2015 US$, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 3.0% on the previous year and up 32.6% over ten years.
Over the whole period, households and npishs final consumption expenditure in World peaked at 55.36 trillion constant 2015 US$ in 2024 and was at its lowest, 10.47 trillion constant 2015 US$, in 1970.
That places World 1st out of 40 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Households and NPISHs Final consumption expenditure in World, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 10.47 trillion constant 2015 US$ | — |
| 1971 | 10.95 trillion constant 2015 US$ | +4.6% |
| 1972 | 11.60 trillion constant 2015 US$ | +6.0% |
| 1973 | 12.24 trillion constant 2015 US$ | +5.4% |
| 1974 | 12.40 trillion constant 2015 US$ | +1.3% |
| 1975 | 12.70 trillion constant 2015 US$ | +2.5% |
| 1976 | 13.33 trillion constant 2015 US$ | +4.9% |
| 1977 | 13.83 trillion constant 2015 US$ | +3.7% |
| 1978 | 14.38 trillion constant 2015 US$ | +4.0% |
| 1979 | 14.92 trillion constant 2015 US$ | +3.7% |
| 1980 | 15.28 trillion constant 2015 US$ | +2.4% |
| 1981 | 15.49 trillion constant 2015 US$ | +1.4% |
| 1982 | 15.73 trillion constant 2015 US$ | +1.5% |
| 1983 | 16.22 trillion constant 2015 US$ | +3.1% |
| 1984 | 16.77 trillion constant 2015 US$ | +3.4% |
| 1985 | 17.38 trillion constant 2015 US$ | +3.7% |
| 1986 | 18.09 trillion constant 2015 US$ | +4.1% |
| 1987 | 18.70 trillion constant 2015 US$ | +3.4% |
| 1988 | 19.44 trillion constant 2015 US$ | +3.9% |
| 1989 | 20.10 trillion constant 2015 US$ | +3.4% |
| 1990 | 20.76 trillion constant 2015 US$ | +3.3% |
| 1991 | 21.07 trillion constant 2015 US$ | +1.5% |
| 1992 | 21.65 trillion constant 2015 US$ | +2.8% |
| 1993 | 22.11 trillion constant 2015 US$ | +2.1% |
| 1994 | 22.80 trillion constant 2015 US$ | +3.1% |
| 1995 | 23.46 trillion constant 2015 US$ | +2.9% |
| 1996 | 24.32 trillion constant 2015 US$ | +3.7% |
| 1997 | 25.16 trillion constant 2015 US$ | +3.4% |
| 1998 | 25.96 trillion constant 2015 US$ | +3.2% |
| 1999 | 27.01 trillion constant 2015 US$ | +4.1% |
| 2000 | 28.20 trillion constant 2015 US$ | +4.4% |
| 2001 | 28.94 trillion constant 2015 US$ | +2.6% |
| 2002 | 29.70 trillion constant 2015 US$ | +2.6% |
| 2003 | 30.53 trillion constant 2015 US$ | +2.8% |
| 2004 | 31.68 trillion constant 2015 US$ | +3.8% |
| 2005 | 32.93 trillion constant 2015 US$ | +3.9% |
| 2006 | 34.14 trillion constant 2015 US$ | +3.7% |
| 2007 | 35.52 trillion constant 2015 US$ | +4.1% |
| 2008 | 36.17 trillion constant 2015 US$ | +1.8% |
| 2009 | 36.10 trillion constant 2015 US$ | -0.2% |
| 2010 | 37.32 trillion constant 2015 US$ | +3.4% |
| 2011 | 38.51 trillion constant 2015 US$ | +3.2% |
| 2012 | 39.46 trillion constant 2015 US$ | +2.5% |
| 2013 | 40.54 trillion constant 2015 US$ | +2.7% |
| 2014 | 41.74 trillion constant 2015 US$ | +3.0% |
| 2015 | 43.04 trillion constant 2015 US$ | +3.1% |
| 2016 | 44.35 trillion constant 2015 US$ | +3.0% |
| 2017 | 45.91 trillion constant 2015 US$ | +3.5% |
| 2018 | 47.39 trillion constant 2015 US$ | +3.2% |
| 2019 | 48.57 trillion constant 2015 US$ | +2.5% |
| 2020 | 46.39 trillion constant 2015 US$ | -4.5% |
| 2021 | 49.89 trillion constant 2015 US$ | +7.5% |
| 2022 | 51.93 trillion constant 2015 US$ | +4.1% |
| 2023 | 53.74 trillion constant 2015 US$ | +3.5% |
| 2024 | 55.36 trillion constant 2015 US$ | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.68 trillion constant 2015 US$ | 10.47 trillion constant 2015 US$ | 14.92 trillion constant 2015 US$ | 10 |
| 1980s | 17.32 trillion constant 2015 US$ | 15.28 trillion constant 2015 US$ | 20.10 trillion constant 2015 US$ | 10 |
| 1990s | 23.43 trillion constant 2015 US$ | 20.76 trillion constant 2015 US$ | 27.01 trillion constant 2015 US$ | 10 |
| 2000s | 32.39 trillion constant 2015 US$ | 28.20 trillion constant 2015 US$ | 36.17 trillion constant 2015 US$ | 10 |
| 2010s | 42.68 trillion constant 2015 US$ | 37.32 trillion constant 2015 US$ | 48.57 trillion constant 2015 US$ | 10 |
| 2020s | 51.46 trillion constant 2015 US$ | 46.39 trillion constant 2015 US$ | 55.36 trillion constant 2015 US$ | 5 |
Countries ranked near World
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- GDP (constant 2015 US$), annual growth rate 2.92 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8421 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 12,131 constant 2015 US$ per person (2025)
- Gross domestic savings (current US$), annual growth rate 2.34 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.2687 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 3,686 current US$ per person (2024)
- GNI, Atlas method (current US$), annual growth rate 7 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9887 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure in World?
- Households and npishs final consumption expenditure in World was 55.36 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 World?
- The highest recorded value was 55.36 trillion constant 2015 US$ in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in World?
- The lowest recorded value was 10.47 trillion constant 2015 US$ in 1970.
- How does World rank for households and npishs final consumption expenditure?
- World ranks 1st out of 40 groups with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in World?
- Over the last ten years it is up 32.6%. The long-run trend across the full record is rising.
- Where does this World 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.