Final consumption expenditure in IDA & IBRD total
IDA & IBRD total: Final consumption expenditure was 29.74 trillion current US$ in 2024. ◆ Volatile
Final consumption expenditure in IDA & IBRD total, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, final consumption expenditure in IDA & IBRD total stood at 29.74 trillion current US$. That is the highest value across all 65 years on record.
The figure is up 5.2% on the previous year and up 48.8% over ten years.
Over the whole period, final consumption expenditure in IDA & IBRD total peaked at 29.74 trillion current US$ in 2024 and was at its lowest, 265.61 billion current US$, in 1960.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 362.21 billion current US$ | 265.61 billion current US$ | 475.41 billion current US$ | 10 |
| 1970s | 1.01 trillion current US$ | 514.76 billion current US$ | 1.67 trillion current US$ | 10 |
| 1980s | 2.32 trillion current US$ | 1.97 trillion current US$ | 2.69 trillion current US$ | 10 |
| 1990s | 3.82 trillion current US$ | 2.97 trillion current US$ | 4.74 trillion current US$ | 10 |
| 2000s | 7.72 trillion current US$ | 4.79 trillion current US$ | 12.39 trillion current US$ | 10 |
| 2010s | 19.38 trillion current US$ | 14.49 trillion current US$ | 22.91 trillion current US$ | 10 |
| 2020s | 26.39 trillion current US$ | 21.97 trillion current US$ | 29.74 trillion current US$ | 5 |
More economy & growth data for IDA & IBRD total
- Agriculture, forestry, and fishing, value added 3.4% (2025)
- Households and NPISHs final consumption expenditure 53.0% (2024)
- Trade 49.1% (2025)
- Agriculture, forestry, and fishing, value added 3.55 trillion constant 2015 US$ (2025)
- Households and NPISHs Final consumption expenditure per capita growth 3.7% (2024)
- Households and NPISHs Final consumption expenditure per capita 3,160 constant 2015 US$ (2024)
- Households and NPISHs Final consumption expenditure 4.8% (2024)
- Households and NPISHs Final consumption expenditure 21.89 trillion constant 2015 US$ (2024)
- Households and NPISHs Final consumption expenditure 23.15 trillion current US$ (2024)
- Industry (including construction), value added 14.76 trillion current US$ (2025)
Frequently asked questions
- What is final consumption expenditure in IDA & IBRD total?
- Final consumption expenditure in IDA & IBRD total was 29.74 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in IDA & IBRD total?
- The highest recorded value was 29.74 trillion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in IDA & IBRD total?
- The lowest recorded value was 265.61 billion current US$ in 1960.
- Is final consumption expenditure rising or falling in IDA & IBRD total?
- Over the last ten years it is up 48.8%. The long-run trend across the full record is volatile.
- Where does this IDA & IBRD total 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
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.