Households and NPISHs Final consumption expenditure in World

World: Households and NPISHs Final consumption expenditure was 63.19 trillion current US$ in 2024. ◆ Volatile

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

Households and NPISHs Final consumption expenditure in World, 1970–2024

020.0T40.0T60.0T197019972024

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

Analysis

In 2024, households and npishs final consumption expenditure in World stood at 63.19 trillion current US$. That is the highest value across all 55 years on record.

The figure is up 4.7% on the previous year and up 39.8% over ten years.

Over the whole period, households and npishs final consumption expenditure in World peaked at 63.19 trillion current US$ in 2024 and was at its lowest, 1.77 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 3.43 trillion current US$ 1.77 trillion current US$ 5.86 trillion current US$ 10
1980s 8.54 trillion current US$ 6.62 trillion current US$ 11.96 trillion current US$ 10
1990s 16.95 trillion current US$ 13.47 trillion current US$ 19.70 trillion current US$ 10
2000s 27.63 trillion current US$ 20.34 trillion current US$ 36.80 trillion current US$ 10
2010s 44.49 trillion current US$ 38.09 trillion current US$ 49.92 trillion current US$ 10
2020s 56.48 trillion current US$ 47.79 trillion current US$ 63.19 trillion current US$ 5

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Frequently asked questions

What is households and npishs final consumption expenditure in World?
Households and npishs final consumption expenditure in World was 63.19 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest households and npishs final consumption expenditure recorded in World?
The highest recorded value was 63.19 trillion current US$ in 2024.
What is the lowest households and npishs final consumption expenditure recorded in World?
The lowest recorded value was 1.77 trillion current US$ in 1970.
Is households and npishs final consumption expenditure rising or falling in World?
Over the last ten years it is up 39.8%. 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 Households and NPISHs Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Households and NPISHs 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
232 places, 11,064 data points, 1960–2025
Last refreshed

This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. 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.