Final consumption expenditure in High income
High income: Final consumption expenditure was 45.91 trillion constant 2015 US$ in 2024. ▲ Rising
Final consumption expenditure in High income, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for final consumption expenditure in High income is 45.91 trillion constant 2015 US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 2.3% on the previous year and up 22.2% over ten years.
Over the whole period, final consumption expenditure in High income peaked at 45.91 trillion constant 2015 US$ in 2024 and was at its lowest, 11.83 trillion constant 2015 US$, in 1970.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.06 trillion constant 2015 US$ | 11.83 trillion constant 2015 US$ | 16.29 trillion constant 2015 US$ | 10 |
| 1980s | 18.73 trillion constant 2015 US$ | 16.50 trillion constant 2015 US$ | 21.71 trillion constant 2015 US$ | 10 |
| 1990s | 24.69 trillion constant 2015 US$ | 22.34 trillion constant 2015 US$ | 27.92 trillion constant 2015 US$ | 10 |
| 2000s | 32.43 trillion constant 2015 US$ | 28.97 trillion constant 2015 US$ | 35.19 trillion constant 2015 US$ | 10 |
| 2010s | 38.27 trillion constant 2015 US$ | 35.67 trillion constant 2015 US$ | 41.68 trillion constant 2015 US$ | 10 |
| 2020s | 43.53 trillion constant 2015 US$ | 40.24 trillion constant 2015 US$ | 45.91 trillion constant 2015 US$ | 5 |
More economy & growth data for High income
- Final consumption expenditure 2.3% (2024)
- Manufacturing, value added 8.09 trillion constant 2015 US$ (2024)
- Manufacturing, value added 8.66 trillion current US$ (2024)
- Households and NPISHs final consumption expenditure 58.6% (2024)
- Final consumption expenditure 54.90 trillion current US$ (2024)
- Gross national expenditure 59.50 trillion constant 2015 US$ (2024)
- Exports of goods and services 19.91 trillion constant 2015 US$ (2025)
- Exports of goods and services 24.41 trillion current US$ (2025)
- Households and NPISHs Final consumption expenditure per capita growth 1.4% (2024)
- Gross national expenditure 71.25 trillion current US$ (2024)
Frequently asked questions
- What is final consumption expenditure in High income?
- Final consumption expenditure in High income was 45.91 trillion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in High income?
- The highest recorded value was 45.91 trillion constant 2015 US$ in 2024.
- What is the lowest final consumption expenditure recorded in High income?
- The lowest recorded value was 11.83 trillion constant 2015 US$ in 1970.
- Is final consumption expenditure rising or falling in High income?
- Over the last ten years it is up 22.2%. The long-run trend across the full record is rising.
- Where does this High income data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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 2015. This indicator is expressed in United States dollars.