Final consumption expenditure rose 18.5% to USD 9,628,175 bil in China in 2021, according to the National Statistical Office.
Historically, final consumption expenditure in China reached an all time high of USD 9,628,175 bil in 2021 and an all time low of USD 37,558 bil in 1960. When compared to China's main peers, final consumption expenditure in India amounted to USD 2,245,422 bil, USD 3,718,164 bil in Japan, USD 1,206,656 bil in Russia and USD 19,256,306 bil in USA in 2021.
China has been ranked 2nd within the group of 151 countries we follow in terms of final consumption expenditure, 1 place above the position seen 10 years ago.
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 |
Bangladesh | USD bil | 151,852 | 192,906 | 214,248 | 236,370 | 256,810 | ||||||||||||||||
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 | ||||||||||||||||
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 | ||||||||||||||||
Pakistan | USD bil | 245,499 | 286,320 | 314,430 | 332,603 | 303,658 | ||||||||||||||||
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 | ||||||||||||||||
Sri Lanka | USD bil | 62,030 | 61,935 | 63,199 | 65,069 | 63,797 | ||||||||||||||||
USA | USD bil | 14,872,459 | 15,356,374 | 15,960,169 | 16,771,912 | 17,401,500 |