Households and NPISHs Final consumption expenditure, PPP in Upper middle income
Upper middle income: Households and NPISHs Final consumption expenditure, PPP was 30.35 trillion constant 2021 international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Upper middle income, 1995–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
Upper middle income recorded 30.35 trillion constant 2021 international $ for households and npishs final consumption expenditure, ppp in 2024. That is the highest value across all 30 years on record.
The figure is up 4.6% on the previous year and up 52.7% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Upper middle income peaked at 30.35 trillion constant 2021 international $ in 2024 and was at its lowest, 7.47 trillion constant 2021 international $, in 1995.
That places Upper middle income 9th out of 41 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Households and NPISHs Final consumption expenditure, PPP in Upper middle income, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1995 | 7.47 trillion constant 2021 international $ | — |
| 1996 | 7.88 trillion constant 2021 international $ | +5.5% |
| 1997 | 8.29 trillion constant 2021 international $ | +5.2% |
| 1998 | 8.42 trillion constant 2021 international $ | +1.5% |
| 1999 | 8.66 trillion constant 2021 international $ | +2.9% |
| 2000 | 9.19 trillion constant 2021 international $ | +6.1% |
| 2001 | 9.44 trillion constant 2021 international $ | +2.7% |
| 2002 | 9.83 trillion constant 2021 international $ | +4.2% |
| 2003 | 10.26 trillion constant 2021 international $ | +4.3% |
| 2004 | 10.91 trillion constant 2021 international $ | +6.3% |
| 2005 | 11.62 trillion constant 2021 international $ | +6.6% |
| 2006 | 12.43 trillion constant 2021 international $ | +6.9% |
| 2007 | 13.44 trillion constant 2021 international $ | +8.1% |
| 2008 | 14.17 trillion constant 2021 international $ | +5.4% |
| 2009 | 14.54 trillion constant 2021 international $ | +2.6% |
| 2010 | 15.67 trillion constant 2021 international $ | +7.8% |
| 2011 | 17.00 trillion constant 2021 international $ | +8.5% |
| 2012 | 18.00 trillion constant 2021 international $ | +5.9% |
| 2013 | 19.01 trillion constant 2021 international $ | +5.6% |
| 2014 | 19.88 trillion constant 2021 international $ | +4.5% |
| 2015 | 20.71 trillion constant 2021 international $ | +4.2% |
| 2016 | 21.68 trillion constant 2021 international $ | +4.7% |
| 2017 | 22.92 trillion constant 2021 international $ | +5.7% |
| 2018 | 24.08 trillion constant 2021 international $ | +5.1% |
| 2019 | 25.02 trillion constant 2021 international $ | +3.9% |
| 2020 | 24.11 trillion constant 2021 international $ | -3.6% |
| 2021 | 26.25 trillion constant 2021 international $ | +8.9% |
| 2022 | 27.24 trillion constant 2021 international $ | +3.8% |
| 2023 | 29.03 trillion constant 2021 international $ | +6.5% |
| 2024 | 30.35 trillion constant 2021 international $ | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.14 trillion constant 2021 international $ | 7.47 trillion constant 2021 international $ | 8.66 trillion constant 2021 international $ | 5 |
| 2000s | 11.58 trillion constant 2021 international $ | 9.19 trillion constant 2021 international $ | 14.54 trillion constant 2021 international $ | 10 |
| 2010s | 20.40 trillion constant 2021 international $ | 15.67 trillion constant 2021 international $ | 25.02 trillion constant 2021 international $ | 10 |
| 2020s | 27.40 trillion constant 2021 international $ | 24.11 trillion constant 2021 international $ | 30.35 trillion constant 2021 international $ | 5 |
Countries ranked near Upper middle income
- 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
- 11 France 1.76 trillion constant 2021 international $ compare
- 12 Türkiye 1.75 trillion constant 2021 international $ compare
More economy & growth data for Upper middle income
- Services, value added 17.72 trillion constant 2015 US$ (2025)
- Industry (including construction), value added (current US$), per 3,559 current US$ per person (2025)
- Industry (including construction), value added 10.96 trillion current US$ (2025)
- Industry (including construction), value added 10.57 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 3.7% (2025)
- Industry (including construction), value added 32.7% (2025)
- Industry (including construction), value added (constant 2015 US$) 3.69 % change on previous year (2025)
- Services, value added 19.09 trillion current US$ (2025)
- Services, value added (current US$), per unit of GDP 0.5694 current US$ per US$ of GDP (2025)
- Services, value added (current US$), annual growth rate 6.12 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Upper middle income?
- Households and npishs final consumption expenditure, ppp in Upper middle income was 30.35 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 Upper middle income?
- The highest recorded value was 30.35 trillion constant 2021 international $ in 2024.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Upper middle income?
- The lowest recorded value was 7.47 trillion constant 2021 international $ in 1995.
- How does Upper middle income rank for households and npishs final consumption expenditure, ppp?
- Upper middle income ranks 9th out of 41 groups with data for 2024.
- Is households and npishs final consumption expenditure, ppp rising or falling in Upper middle income?
- Over the last ten years it is up 52.7%. The long-run trend across the full record is rising.
- Where does this Upper middle income 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.