Households and NPISHs Final consumption expenditure, PPP in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Households and NPISHs Final consumption expenditure, PPP was 8.10 trillion constant 2021 international $ in 2025. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Latin America & the Caribbean (IDA & IBRD countries), 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 8.10 trillion constant 2021 international $ for households and npishs final consumption expenditure, ppp in 2025. That is the highest value across all 36 years on record.
The figure is up 2.5% on the previous year and up 20.2% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Latin America & the Caribbean (IDA & IBRD countries) peaked at 8.10 trillion constant 2021 international $ in 2025 and was at its lowest, 3.03 trillion constant 2021 international $, in 1990.
Latin America & the Caribbean (IDA & IBRD countries) ranks 24th of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Households and NPISHs Final consumption expenditure, PPP in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1990 | 3.03 trillion constant 2021 international $ | — |
| 1991 | 3.17 trillion constant 2021 international $ | +4.5% |
| 1992 | 3.24 trillion constant 2021 international $ | +2.2% |
| 1993 | 3.32 trillion constant 2021 international $ | +2.3% |
| 1994 | 3.49 trillion constant 2021 international $ | +5.2% |
| 1995 | 3.60 trillion constant 2021 international $ | +3.2% |
| 1996 | 3.73 trillion constant 2021 international $ | +3.6% |
| 1997 | 3.93 trillion constant 2021 international $ | +5.4% |
| 1998 | 4.03 trillion constant 2021 international $ | +2.6% |
| 1999 | 4.06 trillion constant 2021 international $ | +0.6% |
| 2000 | 4.24 trillion constant 2021 international $ | +4.5% |
| 2001 | 4.27 trillion constant 2021 international $ | +0.7% |
| 2002 | 4.28 trillion constant 2021 international $ | +0.2% |
| 2003 | 4.36 trillion constant 2021 international $ | +2.0% |
| 2004 | 4.53 trillion constant 2021 international $ | +3.9% |
| 2005 | 4.73 trillion constant 2021 international $ | +4.3% |
| 2006 | 5.00 trillion constant 2021 international $ | +5.8% |
| 2007 | 5.26 trillion constant 2021 international $ | +5.1% |
| 2008 | 5.50 trillion constant 2021 international $ | +4.6% |
| 2009 | 5.46 trillion constant 2021 international $ | -0.6% |
| 2010 | 5.81 trillion constant 2021 international $ | +6.4% |
| 2011 | 6.14 trillion constant 2021 international $ | +5.6% |
| 2012 | 6.33 trillion constant 2021 international $ | +3.3% |
| 2013 | 6.56 trillion constant 2021 international $ | +3.6% |
| 2014 | 6.68 trillion constant 2021 international $ | +1.8% |
| 2015 | 6.74 trillion constant 2021 international $ | +0.9% |
| 2016 | 6.73 trillion constant 2021 international $ | -0.2% |
| 2017 | 6.90 trillion constant 2021 international $ | +2.6% |
| 2018 | 7.03 trillion constant 2021 international $ | +1.9% |
| 2019 | 7.12 trillion constant 2021 international $ | +1.3% |
| 2020 | 6.60 trillion constant 2021 international $ | -7.3% |
| 2021 | 7.12 trillion constant 2021 international $ | +7.8% |
| 2022 | 7.49 trillion constant 2021 international $ | +5.3% |
| 2023 | 7.69 trillion constant 2021 international $ | +2.6% |
| 2024 | 7.90 trillion constant 2021 international $ | +2.8% |
| 2025 | 8.10 trillion constant 2021 international $ | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.56 trillion constant 2021 international $ | 3.03 trillion constant 2021 international $ | 4.06 trillion constant 2021 international $ | 10 |
| 2000s | 4.76 trillion constant 2021 international $ | 4.24 trillion constant 2021 international $ | 5.50 trillion constant 2021 international $ | 10 |
| 2010s | 6.60 trillion constant 2021 international $ | 5.81 trillion constant 2021 international $ | 7.12 trillion constant 2021 international $ | 10 |
| 2020s | 7.48 trillion constant 2021 international $ | 6.60 trillion constant 2021 international $ | 8.10 trillion constant 2021 international $ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 21 Philippines 882.12 billion constant 2021 international $ compare
- 22 Poland 879.85 billion constant 2021 international $ compare
- 23 Thailand 877.85 billion constant 2021 international $ compare
- 24 Australia 804.25 billion constant 2021 international $ compare
- 25 Viet Nam 798.78 billion constant 2021 international $ compare
- 26 Argentina 783.48 billion constant 2021 international $ compare
- 27 Malaysia 744.24 billion constant 2021 international $ compare
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 60.29 billion BoP, current US$ (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.157 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Latin America & the Caribbean (IDA & IBRD countries)?
- Households and npishs final consumption expenditure, ppp in Latin America & the Caribbean (IDA & IBRD countries) was 8.10 trillion constant 2021 international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 8.10 trillion constant 2021 international $ in 2025.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 3.03 trillion constant 2021 international $ in 1990.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for households and npishs final consumption expenditure, ppp?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 24th out of 41 groups with data for 2025.
- Is households and npishs final consumption expenditure, ppp rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 20.2%. The long-run trend across the full record is rising.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for final consumption expenditure 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. 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.