Final consumption expenditure rose 11.7% to USD 69,465,147 bil in the World in 2021, according to the National Statistical Office.
Historically, final consumption expenditure in the World reached an all time high of USD 69,465,147 bil in 2021 and an all time low of USD 2,228,282 bil in 1970. When compared to World's main peers, final consumption expenditure in China amounted to USD 9,628,175 bil, USD 3,041,225 bil in Germany, USD 3,718,164 bil in Japan and USD 19,256,306 bil in USA in 2021.
World has been ranked th within the group of 151 countries we follow in terms of final consumption expenditure.
Final Consumption Expenditure (USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Austria | USD bil | 276,717 | 284,658 | 300,421 | 324,286 | 315,733 | ||||||||||||||||
Belgium | USD bil | 346,539 | 354,922 | 374,583 | 407,037 | 398,439 | ||||||||||||||||
Canada | USD bil | 1,224,767 | 1,215,250 | 1,297,635 | 1,354,515 | 1,368,888 | ||||||||||||||||
China | USD bil | 5,972,231 | 6,182,654 | 6,754,427 | 7,650,165 | 7,999,417 | ||||||||||||||||
France | USD bil | 1,899,009 | 1,928,805 | 2,014,574 | 2,153,317 | 2,090,116 | ||||||||||||||||
Germany | USD bil | 2,439,682 | 2,521,046 | 2,655,523 | 2,860,906 | 2,808,335 | ||||||||||||||||
India | USD bil | 1,460,638 | 1,597,267 | 1,842,571 | 1,895,066 | 2,036,473 | ||||||||||||||||
Japan | USD bil | 3,350,968 | 3,720,671 | 3,650,077 | 3,747,396 | 3,815,462 | ||||||||||||||||
Mexico | USD bil | 910,883 | 836,182 | 890,459 | 933,276 | 968,233 | ||||||||||||||||
Poland | USD bil | 367,064 | 360,888 | 404,757 | 450,444 | 451,819 | ||||||||||||||||
Russia | USD bil | 960,507 | 915,632 | 1,119,067 | 1,128,249 | 1,180,107 | ||||||||||||||||
South Korea | USD bil | 932,585 | 948,008 | 1,022,481 | 1,105,197 | 1,085,158 | ||||||||||||||||
USA | USD bil | 14,872,459 | 15,356,374 | 15,960,169 | 16,771,912 | 17,401,500 | ||||||||||||||||
World | USD bil | 55,217,323 | 56,341,954 | 59,500,067 | 62,812,920 | 63,901,556 |