Final consumption expenditure in East Asia & Pacific

East Asia & Pacific: Final consumption expenditure was 19.98 trillion current US$ in 2024. ◆ Volatile

Latest (2024)
19.98 trillion current US$
Change on year
up 1.4%
All-time high
19.98 trillion current US$
in 2024
All-time low
139.46 billion current US$
in 1960
Years of data
65
1960–2024

Final consumption expenditure in East Asia & Pacific, 1960–2024

05.0T10.0T15.0T20.0T196019922024

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

East Asia & Pacific recorded 19.98 trillion current US$ for final consumption expenditure in 2024. That is the highest value across all 65 years on record.

The figure is up 1.4% on the previous year and up 41.8% over ten years.

Over the whole period, final consumption expenditure in East Asia & Pacific peaked at 19.98 trillion current US$ in 2024 and was at its lowest, 139.46 billion current US$, in 1960.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 178.85 billion current US$ 139.46 billion current US$ 235.73 billion current US$ 10
1970s 627.19 billion current US$ 257.81 billion current US$ 1.14 trillion current US$ 10
1980s 1.88 trillion current US$ 1.24 trillion current US$ 2.99 trillion current US$ 10
1990s 4.63 trillion current US$ 3.12 trillion current US$ 5.66 trillion current US$ 10
2000s 7.10 trillion current US$ 5.46 trillion current US$ 9.63 trillion current US$ 10
2010s 14.37 trillion current US$ 11.00 trillion current US$ 17.39 trillion current US$ 10
2020s 19.13 trillion current US$ 17.37 trillion current US$ 19.98 trillion current US$ 5

More economy & growth data for East Asia & Pacific

All data for East Asia & Pacific →

Frequently asked questions

What is final consumption expenditure in East Asia & Pacific?
Final consumption expenditure in East Asia & Pacific was 19.98 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest final consumption expenditure recorded in East Asia & Pacific?
The highest recorded value was 19.98 trillion current US$ in 2024.
What is the lowest final consumption expenditure recorded in East Asia & Pacific?
The lowest recorded value was 139.46 billion current US$ in 1960.
Is final consumption expenditure rising or falling in East Asia & Pacific?
Over the last ten years it is up 41.8%. The long-run trend across the full record is volatile.
Where does this East Asia & Pacific data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Final consumption expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
230 places, 11,127 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.