Households and NPISHs Final consumption expenditure per capita, PPP in World
World: Households and NPISHs Final consumption expenditure per capita, PPP was 11,301 constant 2021 international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure per capita, PPP in World, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in constant 2021 international $.
Analysis
World recorded 11,301 constant 2021 international $ for households and npishs final consumption expenditure per capita, ppp in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 2.7% on the previous year and up 24.1% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in World peaked at 11,301 constant 2021 international $ in 2024 and was at its lowest, 5,783 constant 2021 international $, in 1991.
World ranks 14th of 39 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Households and NPISHs Final consumption expenditure per capita, PPP in World, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1990 | 5,783 constant 2021 international $ | — |
| 1991 | 5,783 constant 2021 international $ | -0.0% |
| 1992 | 5,856 constant 2021 international $ | +1.3% |
| 1993 | 5,885 constant 2021 international $ | +0.5% |
| 1994 | 5,975 constant 2021 international $ | +1.5% |
| 1995 | 6,076 constant 2021 international $ | +1.7% |
| 1996 | 6,226 constant 2021 international $ | +2.5% |
| 1997 | 6,355 constant 2021 international $ | +2.1% |
| 1998 | 6,449 constant 2021 international $ | +1.5% |
| 1999 | 6,604 constant 2021 international $ | +2.4% |
| 2000 | 6,802 constant 2021 international $ | +3.0% |
| 2001 | 6,903 constant 2021 international $ | +1.5% |
| 2002 | 7,011 constant 2021 international $ | +1.6% |
| 2003 | 7,145 constant 2021 international $ | +1.9% |
| 2004 | 7,359 constant 2021 international $ | +3.0% |
| 2005 | 7,608 constant 2021 international $ | +3.4% |
| 2006 | 7,825 constant 2021 international $ | +2.9% |
| 2007 | 8,112 constant 2021 international $ | +3.7% |
| 2008 | 8,231 constant 2021 international $ | +1.5% |
| 2009 | 8,152 constant 2021 international $ | -1.0% |
| 2010 | 8,376 constant 2021 international $ | +2.8% |
| 2011 | 8,618 constant 2021 international $ | +2.9% |
| 2012 | 8,764 constant 2021 international $ | +1.7% |
| 2013 | 8,924 constant 2021 international $ | +1.8% |
| 2014 | 9,103 constant 2021 international $ | +2.0% |
| 2015 | 9,273 constant 2021 international $ | +1.9% |
| 2016 | 9,481 constant 2021 international $ | +2.2% |
| 2017 | 9,745 constant 2021 international $ | +2.8% |
| 2018 | 10,000 constant 2021 international $ | +2.6% |
| 2019 | 10,190 constant 2021 international $ | +1.9% |
| 2020 | 9,666 constant 2021 international $ | -5.1% |
| 2021 | 10,332 constant 2021 international $ | +6.9% |
| 2022 | 10,673 constant 2021 international $ | +3.3% |
| 2023 | 11,005 constant 2021 international $ | +3.1% |
| 2024 | 11,301 constant 2021 international $ | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,099 constant 2021 international $ | 5,783 constant 2021 international $ | 6,604 constant 2021 international $ | 10 |
| 2000s | 7,515 constant 2021 international $ | 6,802 constant 2021 international $ | 8,231 constant 2021 international $ | 10 |
| 2010s | 9,248 constant 2021 international $ | 8,376 constant 2021 international $ | 10,190 constant 2021 international $ | 10 |
| 2020s | 10,595 constant 2021 international $ | 9,666 constant 2021 international $ | 11,301 constant 2021 international $ | 5 |
Countries ranked near World
- 11 Macao 31,773 constant 2021 international $ compare
- 12 Iceland 31,749 constant 2021 international $ compare
- 13 Austria 31,074 constant 2021 international $ compare
- 14 Canada 30,250 constant 2021 international $ compare
- 15 United Arab Emirates 29,689 constant 2021 international $ compare
- 16 Australia 29,124 constant 2021 international $ compare
- 17 Netherlands 29,066 constant 2021 international $ compare
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)
- Services, value added (current US$), annual growth rate 4.46 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.633 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 8,683 current US$ per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 3.24 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5766 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (constant 2015 US$), per capita 7,910 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 3.52 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8756 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in World?
- Households and npishs final consumption expenditure per capita, ppp in World was 11,301 constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in World?
- The highest recorded value was 11,301 constant 2021 international $ in 2024.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in World?
- The lowest recorded value was 5,783 constant 2021 international $ in 1991.
- How does World rank for households and npishs final consumption expenditure per capita, ppp?
- World ranks 14th out of 39 groups with data for 2024.
- Is households and npishs final consumption expenditure per capita, ppp rising or falling in World?
- Over the last ten years it is up 24.1%. The long-run trend across the full record is rising.
- Where does this World data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure 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. The core indicator has been divided by the general population to achieve a per capita estimate. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.