Households and NPISHs Final consumption expenditure in Low & middle income
Low & middle income: Households and NPISHs Final consumption expenditure was 20.90 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
20.90 trillion current US$
Change on year
up 5.5%
Rank
7th
of 41 groups
All-time high
20.90 trillion current US$
in 2024
All-time low
176.62 billion current US$
in 1960
Years of data
65
1960–2024
Households and NPISHs Final consumption expenditure in Low & middle income, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Low & middle income recorded 20.90 trillion current US$ for households and npishs final consumption expenditure in 2024. That is the highest value across all 65 years on record.
The figure is up 5.5% on the previous year and up 52.7% over ten years.
Over the whole period, households and npishs final consumption expenditure in Low & middle income peaked at 20.90 trillion current US$ in 2024 and was at its lowest, 176.62 billion current US$, in 1960.
That places Low & middle income 7th out of 41 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure in Low & middle income, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 176.62 billion current US$ | — |
| 1961 | 187.88 billion current US$ | +6.4% |
| 1962 | 200.22 billion current US$ | +6.6% |
| 1963 | 215.65 billion current US$ | +7.7% |
| 1964 | 238.09 billion current US$ | +10.4% |
| 1965 | 253.14 billion current US$ | +6.3% |
| 1966 | 256.69 billion current US$ | +1.4% |
| 1967 | 274.60 billion current US$ | +7.0% |
| 1968 | 288.52 billion current US$ | +5.1% |
| 1969 | 312.94 billion current US$ | +8.5% |
| 1970 | 336.65 billion current US$ | +7.6% |
| 1971 | 367.50 billion current US$ | +9.2% |
| 1972 | 409.46 billion current US$ | +11.4% |
| 1973 | 505.38 billion current US$ | +23.4% |
| 1974 | 629.92 billion current US$ | +24.6% |
| 1975 | 689.25 billion current US$ | +9.4% |
| 1976 | 740.41 billion current US$ | +7.4% |
| 1977 | 836.86 billion current US$ | +13.0% |
| 1978 | 941.95 billion current US$ | +12.6% |
| 1979 | 1.08 trillion current US$ | +14.7% |
| 1980 | 1.28 trillion current US$ | +18.1% |
| 1981 | 1.42 trillion current US$ | +11.3% |
| 1982 | 1.42 trillion current US$ | +0.3% |
| 1983 | 1.40 trillion current US$ | -1.6% |
| 1984 | 1.44 trillion current US$ | +2.5% |
| 1985 | 1.49 trillion current US$ | +3.4% |
| 1986 | 1.58 trillion current US$ | +6.2% |
| 1987 | 1.59 trillion current US$ | +0.4% |
| 1988 | 1.71 trillion current US$ | +7.9% |
| 1989 | 1.80 trillion current US$ | +5.2% |
| 1990 | 2.07 trillion current US$ | +15.0% |
| 1991 | 2.06 trillion current US$ | -0.5% |
| 1992 | 2.16 trillion current US$ | +5.1% |
| 1993 | 2.31 trillion current US$ | +6.6% |
| 1994 | 2.55 trillion current US$ | +10.5% |
| 1995 | 2.90 trillion current US$ | +13.7% |
| 1996 | 3.20 trillion current US$ | +10.4% |
| 1997 | 3.40 trillion current US$ | +6.1% |
| 1998 | 3.31 trillion current US$ | -2.5% |
| 1999 | 3.27 trillion current US$ | -1.1% |
| 2000 | 3.53 trillion current US$ | +7.8% |
| 2001 | 3.50 trillion current US$ | -0.8% |
| 2002 | 3.49 trillion current US$ | -0.3% |
| 2003 | 3.85 trillion current US$ | +10.2% |
| 2004 | 4.38 trillion current US$ | +13.9% |
| 2005 | 5.11 trillion current US$ | +16.6% |
| 2006 | 5.84 trillion current US$ | +14.3% |
| 2007 | 7.05 trillion current US$ | +20.8% |
| 2008 | 8.20 trillion current US$ | +16.3% |
| 2009 | 8.23 trillion current US$ | +0.4% |
| 2010 | 9.82 trillion current US$ | +19.3% |
| 2011 | 11.50 trillion current US$ | +17.1% |
| 2012 | 12.26 trillion current US$ | +6.6% |
| 2013 | 13.02 trillion current US$ | +6.2% |
| 2014 | 13.69 trillion current US$ | +5.1% |
| 2015 | 13.39 trillion current US$ | -2.1% |
| 2016 | 13.68 trillion current US$ | +2.1% |
| 2017 | 14.87 trillion current US$ | +8.7% |
| 2018 | 15.60 trillion current US$ | +4.9% |
| 2019 | 16.09 trillion current US$ | +3.2% |
| 2020 | 15.26 trillion current US$ | -5.2% |
| 2021 | 17.81 trillion current US$ | +16.7% |
| 2022 | 18.62 trillion current US$ | +4.6% |
| 2023 | 19.81 trillion current US$ | +6.4% |
| 2024 | 20.90 trillion current US$ | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 240.43 billion current US$ | 176.62 billion current US$ | 312.94 billion current US$ | 10 |
| 1970s | 653.75 billion current US$ | 336.65 billion current US$ | 1.08 trillion current US$ | 10 |
| 1980s | 1.51 trillion current US$ | 1.28 trillion current US$ | 1.80 trillion current US$ | 10 |
| 1990s | 2.72 trillion current US$ | 2.06 trillion current US$ | 3.40 trillion current US$ | 10 |
| 2000s | 5.32 trillion current US$ | 3.49 trillion current US$ | 8.23 trillion current US$ | 10 |
| 2010s | 13.39 trillion current US$ | 9.82 trillion current US$ | 16.09 trillion current US$ | 10 |
| 2020s | 18.48 trillion current US$ | 15.26 trillion current US$ | 20.90 trillion current US$ | 5 |
Countries ranked near Low & middle income
- 4 United Kingdom 2.42 trillion current US$ compare
- 5 India 2.24 trillion current US$ compare
- 6 Japan 2.22 trillion current US$ compare
- 7 France 1.82 trillion current US$ compare
- 8 Italy 1.47 trillion current US$ compare
- 9 Brazil 1.45 trillion current US$ compare
- 10 Russia 1.31 trillion current US$ compare
More economy & growth data for Low & middle income
- Services, value added 5.0% (2025)
- Manufacturing, value added 20.1% (2025)
- Trade in services 8.2% (2025)
- Industry (including construction), value added 12.99 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 4.2% (2025)
- Industry (including construction), value added 32.3% (2025)
- Services, value added 23.90 trillion current US$ (2025)
- Services, value added 22.45 trillion constant 2015 US$ (2025)
- GDP growth 4.5% (2025)
- GDP 38.93 trillion constant 2015 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 20.90 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest households and npishs final consumption expenditure recorded in Low & middle income?
- The highest recorded value was 20.90 trillion current US$ in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in Low & middle income?
- The lowest recorded value was 176.62 billion current US$ in 1960.
- How does Low & middle income rank for households and npishs final consumption expenditure?
- Low & middle income ranks 7th out of 41 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 52.7%. The long-run trend across the full record is volatile.
- Where does this Low & middle income data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.