Households and NPISHs final consumption expenditure in Low & middle income
Low & middle income: Households and NPISHs final consumption expenditure was 52.9% in 2024. ▼ Falling
Households and NPISHs final consumption expenditure in Low & middle income, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Low & middle income recorded 52.9% for households and npishs final consumption expenditure in 2024.
The figure is up 1.9% on the previous year and up 2.6% over ten years.
Over the whole period, households and npishs final consumption expenditure in Low & middle income peaked at 70.3% in 1962 and was at its lowest, 50.2%, in 2022.
Low & middle income ranks 34th of 43 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 65 years of available data.
Households and NPISHs final consumption expenditure in Low & middle income, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 64.1% | — |
| 1961 | 67.2% | +4.9% |
| 1962 | 70.3% | +4.6% |
| 1963 | 68.3% | -2.8% |
| 1964 | 67.9% | -0.6% |
| 1965 | 65.5% | -3.5% |
| 1966 | 64.0% | -2.3% |
| 1967 | 66.7% | +4.1% |
| 1968 | 66.0% | -1.0% |
| 1969 | 64.2% | -2.8% |
| 1970 | 63.2% | -1.5% |
| 1971 | 64.1% | +1.4% |
| 1972 | 63.7% | -0.7% |
| 1973 | 61.7% | -3.0% |
| 1974 | 60.2% | -2.5% |
| 1975 | 59.6% | -0.9% |
| 1976 | 59.4% | -0.3% |
| 1977 | 59.8% | +0.6% |
| 1978 | 60.7% | +1.5% |
| 1979 | 59.9% | -1.2% |
| 1980 | 59.8% | -0.1% |
| 1981 | 59.5% | -0.6% |
| 1982 | 60.5% | +1.6% |
| 1983 | 61.4% | +1.5% |
| 1984 | 61.5% | +0.3% |
| 1985 | 61.3% | -0.4% |
| 1986 | 63.8% | +4.1% |
| 1987 | 62.4% | -2.2% |
| 1988 | 62.8% | +0.8% |
| 1989 | 62.1% | -1.1% |
| 1990 | 62.3% | +0.3% |
| 1991 | 63.6% | +2.0% |
| 1992 | 63.7% | +0.2% |
| 1993 | 62.9% | -1.2% |
| 1994 | 62.2% | -1.2% |
| 1995 | 60.9% | -2.1% |
| 1996 | 60.7% | -0.3% |
| 1997 | 60.5% | -0.3% |
| 1998 | 60.1% | -0.8% |
| 1999 | 61.6% | +2.5% |
| 2000 | 60.9% | -1.1% |
| 2001 | 60.3% | -1.0% |
| 2002 | 59.2% | -1.8% |
| 2003 | 58.5% | -1.3% |
| 2004 | 56.6% | -3.1% |
| 2005 | 55.8% | -1.5% |
| 2006 | 54.1% | -3.1% |
| 2007 | 53.2% | -1.7% |
| 2008 | 51.9% | -2.4% |
| 2009 | 51.9% | +0.0% |
| 2010 | 50.9% | -1.9% |
| 2011 | 51.0% | +0.1% |
| 2012 | 51.0% | +0.1% |
| 2013 | 51.3% | +0.5% |
| 2014 | 51.6% | +0.6% |
| 2015 | 52.2% | +1.1% |
| 2016 | 52.8% | +1.1% |
| 2017 | 52.5% | -0.5% |
| 2018 | 51.8% | -1.4% |
| 2019 | 51.9% | +0.2% |
| 2020 | 50.8% | -2.0% |
| 2021 | 50.3% | -1.0% |
| 2022 | 50.2% | -0.2% |
| 2023 | 51.9% | +3.4% |
| 2024 | 52.9% | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 66.4% | 64.0% | 70.3% | 10 |
| 1970s | 61.2% | 59.4% | 64.1% | 10 |
| 1980s | 61.5% | 59.5% | 63.8% | 10 |
| 1990s | 61.9% | 60.1% | 63.7% | 10 |
| 2000s | 56.2% | 51.9% | 60.9% | 10 |
| 2010s | 51.7% | 50.9% | 52.8% | 10 |
| 2020s | 51.2% | 50.2% | 52.9% | 5 |
Countries ranked near Low & middle income
- 31 Honduras 82.1% compare
- 32 Solomon Islands 81.9% compare
- 33 Sudan 81.5% compare
- 34 El Salvador 81.3% compare
- 35 Montenegro 81.3% compare
- 36 Ethiopia 80.9% compare
- 37 Tunisia 79.6% compare
More economy & growth data for Low & middle income
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 267.99 billion BoP, current US$ (2025)
- GDP (current US$), per capita 6,107 current US$ per person (2025)
- Services, value added (current US$), per capita 3,519 current US$ per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 5.02 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5412 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 3,305 constant 2015 US$ per person (2025)
- GDP (current US$), annual growth rate 5.03 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9385 constant 2015 US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), annual growth rate 0.7748 % change on previous year (2024)
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 52.9% 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 Low & middle income?
- The highest recorded value was 70.3% in 1962.
- What is the lowest households and npishs final consumption expenditure recorded in Low & middle income?
- The lowest recorded value was 50.2% in 2022.
- How does Low & middle income rank for households and npishs final consumption expenditure?
- Low & middle income ranks 34th out of 43 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 2.6%. The long-run trend across the full record is falling.
- Where does this Low & 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.