Upper middle income - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Upper middle income was $14,601,100,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $15,462,000,000,000 in 2019 and $166,213,000,000 in 1960.

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
1960 $166,213,000,000
1961 $167,542,000,000
1962 $180,913,000,000
1963 $185,313,000,000
1964 $203,641,000,000
1965 $216,609,000,000
1966 $239,279,000,000
1967 $248,820,000,000
1968 $263,576,000,000
1969 $287,311,000,000
1970 $310,452,000,000
1971 $342,349,000,000
1972 $389,570,000,000
1973 $493,863,000,000
1974 $617,790,000,000
1975 $671,890,000,000
1976 $723,772,000,000
1977 $791,440,000,000
1978 $849,059,000,000
1979 $1,024,550,000,000
1980 $1,175,090,000,000
1981 $1,312,040,000,000
1982 $1,278,060,000,000
1983 $1,227,630,000,000
1984 $1,256,160,000,000
1985 $1,286,060,000,000
1986 $1,342,300,000,000
1987 $1,415,360,000,000
1988 $1,554,830,000,000
1989 $1,568,420,000,000
1990 $1,893,090,000,000
1991 $1,846,880,000,000
1992 $1,884,200,000,000
1993 $2,125,570,000,000
1994 $2,362,410,000,000
1995 $2,682,180,000,000
1996 $2,913,570,000,000
1997 $3,134,030,000,000
1998 $3,090,700,000,000
1999 $2,892,730,000,000
2000 $3,160,140,000,000
2001 $3,169,810,000,000
2002 $3,149,140,000,000
2003 $3,473,550,000,000
2004 $4,056,970,000,000
2005 $4,838,890,000,000
2006 $5,626,050,000,000
2007 $6,881,290,000,000
2008 $8,232,250,000,000
2009 $8,051,670,000,000
2010 $9,560,110,000,000
2011 $11,478,700,000,000
2012 $12,311,800,000,000
2013 $13,295,100,000,000
2014 $13,714,900,000,000
2015 $12,841,900,000,000
2016 $12,878,100,000,000
2017 $14,208,100,000,000
2018 $15,065,600,000,000
2019 $15,462,000,000,000
2020 $14,601,100,000,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Upper middle income was 15,011,600,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 15,441,300,000,000 in 2019 and 4,329,820,000,000 in 1995.

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
1995 4,329,820,000,000
1996 4,544,340,000,000
1997 4,770,460,000,000
1998 4,939,540,000,000
1999 5,140,260,000,000
2000 5,462,480,000,000
2001 5,642,060,000,000
2002 5,887,440,000,000
2003 6,145,670,000,000
2004 6,560,280,000,000
2005 7,064,870,000,000
2006 7,613,370,000,000
2007 8,299,020,000,000
2008 8,807,100,000,000
2009 9,128,280,000,000
2010 9,773,190,000,000
2011 10,571,100,000,000
2012 11,194,500,000,000
2013 11,792,000,000,000
2014 12,339,400,000,000
2015 12,841,900,000,000
2016 13,410,600,000,000
2017 14,092,600,000,000
2018 14,831,500,000,000
2019 15,441,300,000,000
2020 15,011,600,000,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Upper middle income was -2.78 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 9.01 in 2007 and a minimum value of -2.78 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
1996 4.95
1997 4.98
1998 3.54
1999 4.06
2000 6.27
2001 3.29
2002 4.35
2003 4.39
2004 6.75
2005 7.69
2006 7.76
2007 9.01
2008 6.12
2009 3.65
2010 7.06
2011 8.16
2012 5.90
2013 5.34
2014 4.64
2015 4.07
2016 4.43
2017 5.09
2018 5.24
2019 4.11
2020 -2.78

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts