High income - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in High income was $41,068,300,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $41,921,600,000,000 in 2019 and $1,773,000,000,000 in 1970.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $1,773,000,000,000
1971 $1,976,490,000,000
1972 $2,285,690,000,000
1973 $2,726,620,000,000
1974 $3,087,510,000,000
1975 $3,561,690,000,000
1976 $3,843,810,000,000
1977 $4,345,710,000,000
1978 $5,170,880,000,000
1979 $5,973,100,000,000
1980 $6,721,930,000,000
1981 $6,815,250,000,000
1982 $6,903,590,000,000
1983 $7,171,930,000,000
1984 $7,361,530,000,000
1985 $7,769,820,000,000
1986 $9,419,560,000,000
1987 $10,904,700,000,000
1988 $12,145,100,000,000
1989 $12,665,800,000,000
1990 $14,296,400,000,000
1991 $15,180,500,000,000
1992 $16,445,000,000,000
1993 $16,606,000,000,000
1994 $17,739,800,000,000
1995 $19,514,700,000,000
1996 $19,732,100,000,000
1997 $19,365,500,000,000
1998 $19,542,800,000,000
1999 $20,630,800,000,000
2000 $21,043,100,000,000
2001 $21,141,000,000,000
2002 $22,227,700,000,000
2003 $24,935,100,000,000
2004 $27,563,700,000,000
2005 $29,044,000,000,000
2006 $30,493,200,000,000
2007 $33,204,100,000,000
2008 $35,662,400,000,000
2009 $34,444,500,000,000
2010 $35,683,200,000,000
2011 $38,193,900,000,000
2012 $38,085,800,000,000
2013 $38,417,400,000,000
2014 $39,113,800,000,000
2015 $36,926,600,000,000
2016 $37,754,300,000,000
2017 $39,233,100,000,000
2018 $41,555,000,000,000
2019 $41,921,600,000,000
2020 $41,068,300,000,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in High income was 38,371,500,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 39,953,200,000,000 in 2019 and 11,721,900,000,000 in 1970.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 11,721,900,000,000
1971 12,203,000,000,000
1972 12,846,300,000,000
1973 13,467,900,000,000
1974 13,620,000,000,000
1975 14,010,700,000,000
1976 14,575,400,000,000
1977 15,022,600,000,000
1978 15,588,600,000,000
1979 16,086,800,000,000
1980 16,282,900,000,000
1981 16,534,500,000,000
1982 16,805,400,000,000
1983 17,346,800,000,000
1984 17,858,600,000,000
1985 18,524,200,000,000
1986 19,249,500,000,000
1987 19,914,400,000,000
1988 20,671,200,000,000
1989 21,330,700,000,000
1990 21,924,900,000,000
1991 22,246,100,000,000
1992 22,810,900,000,000
1993 23,191,500,000,000
1994 23,794,800,000,000
1995 24,332,700,000,000
1996 24,989,300,000,000
1997 25,657,000,000,000
1998 26,458,000,000,000
1999 27,485,300,000,000
2000 28,483,500,000,000
2001 29,192,900,000,000
2002 29,882,200,000,000
2003 30,551,500,000,000
2004 31,379,700,000,000
2005 32,202,500,000,000
2006 33,000,900,000,000
2007 33,796,100,000,000
2008 34,127,300,000,000
2009 34,041,900,000,000
2010 34,559,200,000,000
2011 34,869,800,000,000
2012 35,156,500,000,000
2013 35,519,900,000,000
2014 36,121,400,000,000
2015 36,926,600,000,000
2016 37,674,000,000,000
2017 38,412,300,000,000
2018 39,221,100,000,000
2019 39,953,200,000,000
2020 38,371,500,000,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in High income was -3.96 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 5.27 in 1972 and a minimum value of -3.96 in 2020.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1971 4.10
1972 5.27
1973 4.84
1974 1.13
1975 2.87
1976 4.03
1977 3.07
1978 3.77
1979 3.20
1980 1.22
1981 1.54
1982 1.64
1983 3.22
1984 2.95
1985 3.73
1986 3.92
1987 3.45
1988 3.80
1989 3.19
1990 2.79
1991 1.47
1992 2.54
1993 1.67
1994 2.60
1995 2.26
1996 2.70
1997 2.67
1998 3.12
1999 3.88
2000 3.63
2001 2.49
2002 2.36
2003 2.24
2004 2.71
2005 2.62
2006 2.48
2007 2.41
2008 0.98
2009 -0.25
2010 1.52
2011 0.90
2012 0.82
2013 1.03
2014 1.69
2015 2.23
2016 2.02
2017 1.96
2018 2.11
2019 1.87
2020 -3.96

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts