Final consumption expenditure in World

World: Final consumption expenditure was 81.66 trillion current US$ in 2024. ◆ Volatile

Latest (2024)
81.66 trillion current US$
Change on year
up 4.7%
All-time high
81.66 trillion current US$
in 2024
All-time low
2.25 trillion current US$
in 1970
Years of data
55
1970–2024

Final consumption expenditure in World, 1970–2024

020.0T40.0T60.0T80.0T197019972024

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

Analysis

The most recent figure for final consumption expenditure in World is 81.66 trillion current US$, measured in 2024. That is the highest value across all 55 years on record.

That represents a change of up 4.7% on the previous year and up 39.1% over ten years.

Over the whole period, final consumption expenditure in World peaked at 81.66 trillion current US$ in 2024 and was at its lowest, 2.25 trillion current US$, in 1970.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 4.41 trillion current US$ 2.25 trillion current US$ 7.54 trillion current US$ 10
1980s 11.00 trillion current US$ 8.55 trillion current US$ 15.36 trillion current US$ 10
1990s 21.71 trillion current US$ 17.35 trillion current US$ 25.06 trillion current US$ 10
2000s 35.60 trillion current US$ 25.81 trillion current US$ 47.72 trillion current US$ 10
2010s 57.73 trillion current US$ 49.85 trillion current US$ 64.55 trillion current US$ 10
2020s 73.44 trillion current US$ 63.02 trillion current US$ 81.66 trillion current US$ 5

More economy & growth data for World

All data for World →

Frequently asked questions

What is final consumption expenditure in World?
Final consumption expenditure in World was 81.66 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest final consumption expenditure recorded in World?
The highest recorded value was 81.66 trillion current US$ in 2024.
What is the lowest final consumption expenditure recorded in World?
The lowest recorded value was 2.25 trillion current US$ in 1970.
Is final consumption expenditure rising or falling in World?
Over the last ten years it is up 39.1%. The long-run trend across the full record is volatile.
Where does this World 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.