General government final consumption expenditure in IDA & IBRD total
IDA & IBRD total: General government final consumption expenditure was 6.78 trillion current US$ in 2024. ◆ Volatile
General government final consumption expenditure in IDA & IBRD total, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for general government final consumption expenditure in IDA & IBRD total is 6.78 trillion current US$, measured in 2024. That is the highest value across all 65 years on record.
That represents a change of up 3.5% on the previous year and up 50.7% over ten years.
Over the whole period, general government final consumption expenditure in IDA & IBRD total peaked at 6.78 trillion current US$ in 2024 and was at its lowest, 37.95 billion current US$, in 1960.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 52.00 billion current US$ | 37.95 billion current US$ | 71.65 billion current US$ | 10 |
| 1970s | 178.27 billion current US$ | 80.12 billion current US$ | 307.21 billion current US$ | 10 |
| 1980s | 428.91 billion current US$ | 357.81 billion current US$ | 525.14 billion current US$ | 10 |
| 1990s | 703.56 billion current US$ | 525.45 billion current US$ | 877.89 billion current US$ | 10 |
| 2000s | 1.56 trillion current US$ | 889.09 billion current US$ | 2.69 trillion current US$ | 10 |
| 2010s | 4.38 trillion current US$ | 3.16 trillion current US$ | 5.32 trillion current US$ | 10 |
| 2020s | 6.16 trillion current US$ | 5.35 trillion current US$ | 6.78 trillion current US$ | 5 |
More economy & growth data for IDA & IBRD total
- Households and NPISHs Final consumption expenditure 23.15 trillion current US$ (2024)
- Final consumption expenditure 29.74 trillion current US$ (2024)
- 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)
- Industry (including construction), value added 14.76 trillion current US$ (2025)
Frequently asked questions
- What is general government final consumption expenditure in IDA & IBRD total?
- General government final consumption expenditure in IDA & IBRD total was 6.78 trillion current 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 IDA & IBRD total?
- The highest recorded value was 6.78 trillion current US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in IDA & IBRD total?
- The lowest recorded value was 37.95 billion current US$ in 1960.
- Is general government final consumption expenditure rising or falling in IDA & IBRD total?
- Over the last ten years it is up 50.7%. 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 Organizations and/or Central Banks, published as part of General government 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. 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.