Households and NPISHs Final consumption expenditure, PPP in OECD members
OECD members: Households and NPISHs Final consumption expenditure, PPP was 41.96 trillion constant 2021 international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in OECD members, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
OECD members recorded 41.96 trillion constant 2021 international $ for households and npishs final consumption expenditure, ppp in 2024. That is the highest value across all 35 years on record.
That represents a change of up 2.1% on the previous year and up 23.4% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in OECD members peaked at 41.96 trillion constant 2021 international $ in 2024 and was at its lowest, 19.82 trillion constant 2021 international $, in 1990.
That places OECD members 7th out of 41 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Households and NPISHs Final consumption expenditure, PPP in OECD members, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1990 | 19.82 trillion constant 2021 international $ | — |
| 1991 | 20.10 trillion constant 2021 international $ | +1.4% |
| 1992 | 20.68 trillion constant 2021 international $ | +2.9% |
| 1993 | 21.07 trillion constant 2021 international $ | +1.9% |
| 1994 | 21.69 trillion constant 2021 international $ | +3.0% |
| 1995 | 22.19 trillion constant 2021 international $ | +2.3% |
| 1996 | 22.90 trillion constant 2021 international $ | +3.2% |
| 1997 | 23.65 trillion constant 2021 international $ | +3.3% |
| 1998 | 24.44 trillion constant 2021 international $ | +3.3% |
| 1999 | 25.45 trillion constant 2021 international $ | +4.1% |
| 2000 | 26.52 trillion constant 2021 international $ | +4.2% |
| 2001 | 27.10 trillion constant 2021 international $ | +2.2% |
| 2002 | 27.71 trillion constant 2021 international $ | +2.2% |
| 2003 | 28.35 trillion constant 2021 international $ | +2.3% |
| 2004 | 29.19 trillion constant 2021 international $ | +2.9% |
| 2005 | 30.04 trillion constant 2021 international $ | +2.9% |
| 2006 | 30.85 trillion constant 2021 international $ | +2.7% |
| 2007 | 31.63 trillion constant 2021 international $ | +2.5% |
| 2008 | 31.77 trillion constant 2021 international $ | +0.4% |
| 2009 | 31.34 trillion constant 2021 international $ | -1.4% |
| 2010 | 32.05 trillion constant 2021 international $ | +2.3% |
| 2011 | 32.53 trillion constant 2021 international $ | +1.5% |
| 2012 | 32.86 trillion constant 2021 international $ | +1.0% |
| 2013 | 33.34 trillion constant 2021 international $ | +1.5% |
| 2014 | 34.01 trillion constant 2021 international $ | +2.0% |
| 2015 | 34.93 trillion constant 2021 international $ | +2.7% |
| 2016 | 35.70 trillion constant 2021 international $ | +2.2% |
| 2017 | 36.58 trillion constant 2021 international $ | +2.4% |
| 2018 | 37.36 trillion constant 2021 international $ | +2.1% |
| 2019 | 37.97 trillion constant 2021 international $ | +1.6% |
| 2020 | 36.07 trillion constant 2021 international $ | -5.0% |
| 2021 | 38.60 trillion constant 2021 international $ | +7.0% |
| 2022 | 40.35 trillion constant 2021 international $ | +4.6% |
| 2023 | 41.11 trillion constant 2021 international $ | +1.9% |
| 2024 | 41.96 trillion constant 2021 international $ | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.20 trillion constant 2021 international $ | 19.82 trillion constant 2021 international $ | 25.45 trillion constant 2021 international $ | 10 |
| 2000s | 29.45 trillion constant 2021 international $ | 26.52 trillion constant 2021 international $ | 31.77 trillion constant 2021 international $ | 10 |
| 2010s | 34.73 trillion constant 2021 international $ | 32.05 trillion constant 2021 international $ | 37.97 trillion constant 2021 international $ | 10 |
| 2020s | 39.62 trillion constant 2021 international $ | 36.07 trillion constant 2021 international $ | 41.96 trillion constant 2021 international $ | 5 |
Countries ranked near OECD members
- 4 Russian Federation 3.10 trillion constant 2021 international $ compare
- 5 Japan 2.81 trillion constant 2021 international $ compare
- 6 Germany 2.68 trillion constant 2021 international $ compare
- 7 Brazil 2.58 trillion constant 2021 international $ compare
- 8 Indonesia 2.14 trillion constant 2021 international $ compare
- 9 United Kingdom of Great Britain and Northern Ireland 2.02 trillion constant 2021 international $ compare
- 10 Mexico 1.84 trillion constant 2021 international $ compare
More economy & growth data for OECD members
- Industry (including construction), value added (constant 2015 US$) 8,332 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant 2015 US$) -0.7716 % change on previous year (2024)
- Manufacturing, value added 7.62 trillion constant 2015 US$ (2024)
- Industry (including construction), value added (constant 2015 US$) 0.1705 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added 12.98 trillion current US$ (2022)
- Industry (including construction), value added 11.64 trillion constant 2015 US$ (2024)
- Industry (including construction), value added -0.8% (2024)
- Industry (including construction), value added 21.2% (2022)
- Services, value added (current US$), per capita 30,368 current US$ per person (2021)
- Services, value added (current US$), per unit of GDP 0.6982 current US$ per US$ of GDP (2021)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in OECD members?
- Households and npishs final consumption expenditure, ppp in OECD members was 41.96 trillion constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in OECD members?
- The highest recorded value was 41.96 trillion constant 2021 international $ in 2024.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in OECD members?
- The lowest recorded value was 19.82 trillion constant 2021 international $ in 1990.
- How does OECD members rank for households and npishs final consumption expenditure, ppp?
- OECD members ranks 7th out of 41 groups with data for 2024.
- Is households and npishs final consumption expenditure, ppp rising or falling in OECD members?
- Over the last ten years it is up 23.4%. The long-run trend across the full record is rising.
- Where does this OECD members 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.
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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.