China - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in China was $8,071,330,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $8,071,330,000,000 in 2020 and $37,557,590,000 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 $37,557,590,000
1961 $40,332,260,000
1962 $40,058,890,000
1963 $41,155,110,000
1964 $43,709,860,000
1965 $46,953,130,000
1966 $50,752,660,000
1967 $51,879,780,000
1968 $51,615,140,000
1969 $55,164,800,000
1970 $59,171,980,000
1971 $63,084,030,000
1972 $73,080,920,000
1973 $87,910,470,000
1974 $92,173,550,000
1975 $101,314,000,000
1976 $101,329,000,000
1977 $110,632,000,000
1978 $90,797,500,000
1979 $112,130,000,000
1980 $123,653,000,000
1981 $130,087,000,000
1982 $136,521,000,000
1983 $155,602,000,000
1984 $170,952,000,000
1985 $201,386,000,000
1986 $195,096,000,000
1987 $171,379,000,000
1988 $194,020,000,000
1989 $223,556,000,000
1990 $229,683,000,000
1991 $237,380,000,000
1992 $254,934,000,000
1993 $259,496,000,000
1994 $328,319,000,000
1995 $433,841,000,000
1996 $518,658,000,000
1997 $573,581,000,000
1998 $622,070,000,000
1999 $684,528,000,000
2000 $770,063,000,000
2001 $829,531,000,000
2002 $896,792,000,000
2003 $963,332,000,000
2004 $1,080,060,000,000
2005 $1,243,210,000,000
2006 $1,446,860,000,000
2007 $1,810,540,000,000
2008 $2,286,750,000,000
2009 $2,554,950,000,000
2010 $2,977,440,000,000
2011 $3,787,780,000,000
2012 $4,363,610,000,000
2013 $4,949,540,000,000
2014 $5,502,350,000,000
2015 $5,972,230,000,000
2016 $6,182,650,000,000
2017 $6,754,430,000,000
2018 $7,650,170,000,000
2019 $7,999,420,000,000
2020 $8,071,330,000,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in China was 55,698,600,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 55,698,600,000,000 in 2020 and a minimum value of 92,459,280,000 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 local currency.

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

Year Value
1960 92,459,280,000
1961 99,289,950,000
1962 98,616,980,000
1963 101,316,000,000
1964 107,605,000,000
1965 115,589,000,000
1966 124,943,000,000
1967 127,718,000,000
1968 127,066,000,000
1969 135,805,000,000
1970 145,670,000,000
1971 155,300,000,000
1972 164,074,000,000
1973 174,889,000,000
1974 180,771,000,000
1975 188,424,000,000
1976 196,721,000,000
1977 205,533,000,000
1978 223,362,000,000
1979 257,898,000,000
1980 296,768,000,000
1981 327,820,000,000
1982 357,684,000,000
1983 406,120,000,000
1984 478,665,000,000
1985 592,076,000,000
1986 673,082,000,000
1987 764,352,000,000
1988 942,937,000,000
1989 1,104,370,000,000
1990 1,201,240,000,000
1991 1,362,560,000,000
1992 1,623,930,000,000
1993 2,081,490,000,000
1994 2,829,680,000,000
1995 3,622,870,000,000
1996 4,312,230,000,000
1997 4,754,870,000,000
1998 5,150,180,000,000
1999 5,666,730,000,000
2000 6,374,890,000,000
2001 6,866,110,000,000
2002 7,422,750,000,000
2003 7,973,500,000,000
2004 8,939,440,000,000
2005 10,187,300,000,000
2006 11,536,400,000,000
2007 13,773,700,000,000
2008 15,889,900,000,000
2009 17,453,900,000,000
2010 20,158,100,000,000
2011 24,474,700,000,000
2012 27,544,400,000,000
2013 30,666,400,000,000
2014 33,803,100,000,000
2015 37,192,100,000,000
2016 41,080,600,000,000
2017 45,651,800,000,000
2018 50,613,500,000,000
2019 55,263,200,000,000
2020 55,698,600,000,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in China was 7,873,890,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 7,947,720,000,000 in 2019 and 934,802,000,000 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 934,802,000,000
1996 1,048,020,000,000
1997 1,127,230,000,000
1998 1,240,420,000,000
1999 1,401,590,000,000
2000 1,572,350,000,000
2001 1,687,720,000,000
2002 1,847,040,000,000
2003 1,965,780,000,000
2004 2,122,100,000,000
2005 2,379,020,000,000
2006 2,622,060,000,000
2007 2,961,980,000,000
2008 3,203,690,000,000
2009 3,541,290,000,000
2010 3,885,830,000,000
2011 4,359,790,000,000
2012 4,720,290,000,000
2013 5,068,020,000,000
2014 5,470,310,000,000
2015 5,972,230,000,000
2016 6,472,230,000,000
2017 6,931,230,000,000
2018 7,477,270,000,000
2019 7,947,720,000,000
2020 7,873,890,000,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in China was -0.93 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 12.99 in 1999 and a minimum value of -0.93 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 12.11
1997 7.56
1998 10.04
1999 12.99
2000 12.18
2001 7.34
2002 9.44
2003 6.43
2004 7.95
2005 12.11
2006 10.22
2007 12.96
2008 8.16
2009 10.54
2010 9.73
2011 12.20
2012 8.27
2013 7.37
2014 7.94
2015 9.18
2016 8.37
2017 7.09
2018 7.88
2019 6.29
2020 -0.93

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in China was 49,034,600,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 49,494,400,000,000 in 2019 and a minimum value of 5,821,480,000,000 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 local currency.

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

Year Value
1995 5,821,480,000,000
1996 6,526,520,000,000
1997 7,019,820,000,000
1998 7,724,690,000,000
1999 8,728,390,000,000
2000 9,791,780,000,000
2001 10,510,300,000,000
2002 11,502,400,000,000
2003 12,241,900,000,000
2004 13,215,400,000,000
2005 14,815,400,000,000
2006 16,328,900,000,000
2007 18,445,700,000,000
2008 19,951,000,000,000
2009 22,053,400,000,000
2010 24,199,000,000,000
2011 27,150,600,000,000
2012 29,395,600,000,000
2013 31,561,100,000,000
2014 34,066,300,000,000
2015 37,192,100,000,000
2016 40,305,800,000,000
2017 43,164,200,000,000
2018 46,564,700,000,000
2019 49,494,400,000,000
2020 49,034,600,000,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in China was 54.82 as of 2020. Its highest value over the past 60 years was 84.85 in 1962, while its lowest value was 48.91 in 2010.

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). 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
1960 62.89
1961 80.57
1962 84.85
1963 81.16
1964 73.21
1965 66.66
1966 66.15
1967 71.18
1968 72.85
1969 69.21
1970 63.90
1971 63.21
1972 64.28
1973 63.45
1974 63.93
1975 61.99
1976 65.82
1977 63.24
1978 60.72
1979 62.90
1980 64.69
1981 66.42
1982 66.57
1983 67.45
1984 65.76
1985 65.07
1986 64.87
1987 62.78
1988 62.12
1989 64.28
1990 63.65
1991 61.92
1992 59.72
1993 58.35
1994 58.18
1995 59.06
1996 60.05
1997 59.65
1998 60.45
1999 62.57
2000 63.57
2001 61.93
2002 60.98
2003 58.02
2004 55.24
2005 54.38
2006 52.57
2007 51.00
2008 49.77
2009 50.08
2010 48.91
2011 50.16
2012 51.14
2013 51.72
2014 52.52
2015 53.99
2016 55.04
2017 54.87
2018 55.06
2019 56.02
2020 54.82

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts