Final consumption expenditure in High income
High income: Final consumption expenditure was 54.90 trillion current US$ in 2024. ◆ Volatile
Final consumption expenditure in High income, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for final consumption expenditure in High income is 54.90 trillion current US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 4.6% on the previous year and up 33.6% over ten years.
Over the whole period, final consumption expenditure in High income peaked at 54.90 trillion current US$ in 2024 and was at its lowest, 1.84 trillion current US$, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.60 trillion current US$ | 1.84 trillion current US$ | 6.19 trillion current US$ | 10 |
| 1980s | 9.10 trillion current US$ | 6.97 trillion current US$ | 13.04 trillion current US$ | 10 |
| 1990s | 18.21 trillion current US$ | 14.70 trillion current US$ | 20.82 trillion current US$ | 10 |
| 2000s | 28.70 trillion current US$ | 21.27 trillion current US$ | 37.11 trillion current US$ | 10 |
| 2010s | 40.44 trillion current US$ | 37.10 trillion current US$ | 43.83 trillion current US$ | 10 |
| 2020s | 49.60 trillion current US$ | 43.08 trillion current US$ | 54.90 trillion current 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 45.91 trillion constant 2015 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 54.90 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in High income?
- The highest recorded value was 54.90 trillion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in High income?
- The lowest recorded value was 1.84 trillion current US$ in 1970.
- Is final consumption expenditure rising or falling in High income?
- Over the last ten years it is up 33.6%. The long-run trend across the full record is volatile.
- Where does this High income 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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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.