General government final consumption expenditure in OECD members

OECD members: General government final consumption expenditure was 9.94 trillion constant 2015 US$ in 2024. ▲ Rising

Latest (2024)
9.94 trillion constant 2015 US$
Change on year
up 2.7%
All-time high
9.94 trillion constant 2015 US$
in 2024
All-time low
3.24 trillion constant 2015 US$
in 1970
Years of data
55
1970–2024

General government final consumption expenditure in OECD members, 1970–2024

4.0T6.0T8.0T10.0T197019972024

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

In 2024, general government final consumption expenditure in OECD members stood at 9.94 trillion constant 2015 US$. That is the highest value across all 55 years on record.

That represents a change of up 2.7% on the previous year and up 22.1% over ten years.

Over the whole period, general government final consumption expenditure in OECD members peaked at 9.94 trillion constant 2015 US$ in 2024 and was at its lowest, 3.24 trillion constant 2015 US$, in 1970.

The long-run direction has been consistently rising across the 55 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.71 trillion constant 2015 US$ 3.24 trillion constant 2015 US$ 4.19 trillion constant 2015 US$ 10
1980s 4.81 trillion constant 2015 US$ 4.30 trillion constant 2015 US$ 5.35 trillion constant 2015 US$ 10
1990s 5.93 trillion constant 2015 US$ 5.50 trillion constant 2015 US$ 6.41 trillion constant 2015 US$ 10
2000s 7.28 trillion constant 2015 US$ 6.57 trillion constant 2015 US$ 8.03 trillion constant 2015 US$ 10
2010s 8.33 trillion constant 2015 US$ 8.06 trillion constant 2015 US$ 8.92 trillion constant 2015 US$ 10
2020s 9.52 trillion constant 2015 US$ 9.07 trillion constant 2015 US$ 9.94 trillion constant 2015 US$ 5

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Frequently asked questions

What is general government final consumption expenditure in OECD members?
General government final consumption expenditure in OECD members was 9.94 trillion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest general government final consumption expenditure recorded in OECD members?
The highest recorded value was 9.94 trillion constant 2015 US$ in 2024.
What is the lowest general government final consumption expenditure recorded in OECD members?
The lowest recorded value was 3.24 trillion constant 2015 US$ in 1970.
Is general government final consumption expenditure rising or falling in OECD members?
Over the last ten years it is up 22.1%. The long-run trend across the full record is rising.
Where does this OECD members data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of General government final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
General government final consumption expenditure (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 8,603 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.