Final consumption expenditure in China
China: Final consumption expenditure was 76.41 trillion current LCU in 2024. ◆ Volatile
Final consumption expenditure in China, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, final consumption expenditure in China stood at 76.41 trillion current LCU. That is the highest value across all 65 years on record.
That represents a change of up 4.0% on the previous year and up 120.4% over ten years.
Over the whole period, final consumption expenditure in China peaked at 76.41 trillion current LCU in 2024 and was at its lowest, 92.78 billion current LCU, in 1960.
That places China 28th out of 187 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 113.34 billion current LCU | 92.78 billion current LCU | 136.15 billion current LCU | 10 |
| 1970s | 189.75 billion current LCU | 146.03 billion current LCU | 258.58 billion current LCU | 10 |
| 1980s | 596.05 billion current LCU | 297.58 billion current LCU | 1.11 trillion current LCU | 10 |
| 1990s | 3.29 trillion current LCU | 1.20 trillion current LCU | 5.73 trillion current LCU | 10 |
| 2000s | 10.88 trillion current LCU | 6.46 trillion current LCU | 17.93 trillion current LCU | 10 |
| 2010s | 37.67 trillion current LCU | 20.73 trillion current LCU | 56.83 trillion current LCU | 10 |
| 2020s | 67.80 trillion current LCU | 57.72 trillion current LCU | 76.41 trillion current LCU | 5 |
Countries ranked near China
- 25 Kazakhstan 86.21 trillion current LCU compare
- 26 Angola 80.56 trillion current LCU compare
- 27 Madagascar 77.70 trillion current LCU compare
- 29 Hungary 63.86 trillion current LCU compare
- 30 Mongolia 59.45 trillion current LCU compare
- 31 Cote d'Ivoire 43.94 trillion current LCU compare
More economy & growth data for China
- DEC alternative conversion factor 7.19 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 157.71 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 21.94 billion current US$ (2025)
- Net primary income (Net income from abroad) -817.92 billion current LCU (2025)
- Net primary income (Net income from abroad) -113.76 billion current US$ (2025)
- GNI per capita 99,084 current LCU (2025)
- GNI per capita, Atlas method 14,230 current US$ (2025)
- GNI 139.37 trillion current LCU (2025)
- GNI 19.38 trillion current US$ (2025)
- GNI, Atlas method 20.02 trillion current US$ (2025)
Frequently asked questions
- What is final consumption expenditure in China?
- Final consumption expenditure in China was 76.41 trillion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in China?
- The highest recorded value was 76.41 trillion current LCU in 2024.
- What is the lowest final consumption expenditure recorded in China?
- The lowest recorded value was 92.78 billion current LCU in 1960.
- How does China rank for final consumption expenditure?
- China ranks 28th out of 187 countries with data for 2024.
- Is final consumption expenditure rising or falling in China?
- Over the last ten years it is up 120.4%. The long-run trend across the full record is volatile.
- Where does this China data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 65 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.