World - Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in World was -3.46 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 5.29 in 1972 and a minimum value of -3.46 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 4.37
1972 5.29
1973 4.93
1974 1.82
1975 3.06
1976 4.26
1977 3.28
1978 3.78
1979 3.57
1980 1.94
1981 1.73
1982 1.55
1983 2.96
1984 3.10
1985 3.55
1986 3.63
1987 3.22
1988 3.56
1989 2.99
1990 2.96
1991 1.59
1992 2.48
1993 1.78
1994 2.59
1995 2.35
1996 3.23
1997 3.05
1998 3.17
1999 3.88
2000 4.00
2001 2.91
2002 2.80
2003 2.76
2004 3.51
2005 3.73
2006 3.45
2007 4.03
2008 2.05
2009 0.93
2010 2.89
2011 2.72
2012 2.18
2013 2.40
2014 2.59
2015 2.88
2016 2.83
2017 2.98
2018 3.17
2019 2.64
2020 -3.46

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts