The global total consumer spending in was forecast to continuously increase between 2024 and 2029 by in total 16.2 trillion U.S. dollars (+26.61 percent). After the ninth consecutive increasing year, the consumer spending is estimated to reach 77.1 trillion U.S. dollars and therefore a new peak in 2029. Consumer spending here refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the total consumer spending in countries like North America and Europe.

World consumer spending for 2022 was 55.971 trillion US dollars, a 4.52% increase from 2021.

<ul style='margin-top:20px;'>

<li>World consumer spending for 2021 was <strong>53.550 trillion US dollars</strong>, a <strong>13.05% increase</strong> from 2020.</li>
<li>World consumer spending for 2020 was <strong>47.369 trillion US dollars</strong>, a <strong>4.27% decline</strong> from 2019.</li>
<li>World consumer spending for 2019 was <strong>49.481 trillion US dollars</strong>, a <strong>1.63% increase</strong> from 2018.</li>
</ul>Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

The real per capita cosumer spending ranking is led by Iran with 120,324,699 U.S. dollars, while Vietnam is following with 49,388,580.61 U.S. dollars. In contrast, Zimbabwe is at the bottom of the ranking with 2.87 U.S. dollars, showing a difference of 120,324,696.13 U.S. dollars to Iran. Consumer spending, here depicted per capita, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.

Canada CA: GDP: Growth: Household Final Consumption Expenditure per Capita data was reported at -1.223 % in 2023. This records a decrease from the previous number of 3.196 % for 2022. Canada CA: GDP: Growth: Household Final Consumption Expenditure per Capita data is updated yearly, averaging 1.881 % from Dec 1971 (Median) to 2023, with 53 observations. The data reached an all-time high of 5.625 % in 1972 and a record low of -7.268 % in 2020. Canada CA: GDP: Growth: Household Final Consumption Expenditure per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2010 prices and World Bank population estimates. Household final consumption expenditure (private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

U.S. consumer spending for 2023 was 18.823 trillion US dollars, a 6.4% increase from 2022.

<ul style='margin-top:20px;'>

<li>U.S. consumer spending for 2022 was <strong>17.691 trillion US dollars</strong>, a <strong>9.79% increase</strong> from 2021.</li>
<li>U.S. consumer spending for 2021 was <strong>16.114 trillion US dollars</strong>, a <strong>13.27% increase</strong> from 2020.</li>
<li>U.S. consumer spending for 2020 was <strong>14.226 trillion US dollars</strong>, a <strong>1.47% decline</strong> from 2019.</li>
</ul>Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

Japan JP: GDP: Growth: Household Final Consumption Expenditure per Capita data was reported at 0.176 % in 2016. This records an increase from the previous number of 0.074 % for 2015. Japan JP: GDP: Growth: Household Final Consumption Expenditure per Capita data is updated yearly, averaging 1.928 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 7.897 % in 1973 and a record low of -1.976 % in 1974. Japan JP: GDP: Growth: Household Final Consumption Expenditure per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2010 prices and World Bank population estimates. Household final consumption expenditure (private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

China consumer spending for 2022 was 6.686 trillion US dollars, a 1.56% decline from 2021.

<ul style='margin-top:20px;'>

<li>China consumer spending for 2021 was <strong>6.792 trillion US dollars</strong>, a <strong>21.05% increase</strong> from 2020.</li>
<li>China consumer spending for 2020 was <strong>5.611 trillion US dollars</strong>, a <strong>0.11% increase</strong> from 2019.</li>
<li>China consumer spending for 2019 was <strong>5.605 trillion US dollars</strong>, a <strong>4.71% increase</strong> from 2018.</li>
</ul>Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

Consumer Spending in the United States increased to 16321.10 USD Billion in the first quarter of 2025 from 16273.20 USD Billion in the fourth quarter of 2024. This dataset provides the latest reported value for - United States Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Nigeria NG: GDP: Growth: Household Final Consumption Expenditure per Capita data was reported at -8.136 % in 2016. This records a decrease from the previous number of -1.190 % for 2015. Nigeria NG: GDP: Growth: Household Final Consumption Expenditure per Capita data is updated yearly, averaging -1.890 % from Dec 1982 (Median) to 2016, with 35 observations. The data reached an all-time high of 37.928 % in 2001 and a record low of -23.180 % in 1987. Nigeria NG: GDP: Growth: Household Final Consumption Expenditure per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2010 prices and World Bank population estimates. Household final consumption expenditure (private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Global NPISH and Household Final Consumption Expenditure Per Capita Growth by Country, 2023 Discover more data with ReportLinker!

Comparing the 148 selected regions regarding the total consumer spending on clothing and footwear , the United States is leading the ranking (558.5 billion U.S. dollars) and is followed by China with 333.4 billion U.S. dollars. At the other end of the spectrum is Timor-Leste with 36.12 million U.S. dollars, indicating a difference of 558.5 billion U.S. dollars to the United States. Consumer spending, in this case footwear-related spending, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 03. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.

The per capita consumer spending on clothing and footwear ranking is led by Luxembourg with 2,079.65 U.S. dollars, while Norway is following with 1,622.91 U.S. dollars. In contrast, Burundi is at the bottom of the ranking with 6.81 U.S. dollars, showing a difference of 2,072.84 U.S. dollars to Luxembourg. Consumer spending, in this case per capita spending concerning clothing and footwear, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP).The shown data adheres broadly to group 03. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.

In 2022, household final consumption expenditure in India amounted to approximately two trillion U.S. dollars. In comparison, household final consumption expenditure in Brunei amounted to approximately 3.77 billion U.S. dollars in 2022.

Germany DE: GDP: Growth: Household Final Consumption Expenditure per Capita data was reported at -1.528 % in 2023. This records a decrease from the previous number of 3.171 % for 2022. Germany DE: GDP: Growth: Household Final Consumption Expenditure per Capita data is updated yearly, averaging 1.355 % from Dec 1971 (Median) to 2023, with 53 observations. The data reached an all-time high of 5.289 % in 1971 and a record low of -5.930 % in 2020. Germany DE: GDP: Growth: Household Final Consumption Expenditure per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2010 prices and World Bank population estimates. Household final consumption expenditure (private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Colombia CO: GDP: Growth: Household Final Consumption Expenditure per Capita data was reported at -0.281 % in 2023. This records a decrease from the previous number of 9.508 % for 2022. Colombia CO: GDP: Growth: Household Final Consumption Expenditure per Capita data is updated yearly, averaging 2.000 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 13.473 % in 2021 and a record low of -7.027 % in 1999. Colombia CO: GDP: Growth: Household Final Consumption Expenditure per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2010 prices and World Bank population estimates. Household final consumption expenditure (private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Hong Kong HK: GDP: Growth: Household Final Consumption Expenditure per Capita data was reported at 4.757 % in 2017. This records an increase from the previous number of 1.356 % for 2016. Hong Kong HK: GDP: Growth: Household Final Consumption Expenditure per Capita data is updated yearly, averaging 5.222 % from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 15.046 % in 1977 and a record low of -6.282 % in 1998. Hong Kong HK: GDP: Growth: Household Final Consumption Expenditure per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong SAR – Table HK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2010 prices and World Bank population estimates. Household final consumption expenditure (private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

United States US: GDP: Growth: Household Final Consumption Expenditure per Capita data was reported at 1.981 % in 2016. This records a decrease from the previous number of 2.862 % for 2015. United States US: GDP: Growth: Household Final Consumption Expenditure per Capita data is updated yearly, averaging 2.181 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 5.003 % in 1972 and a record low of -2.460 % in 2009. United States US: GDP: Growth: Household Final Consumption Expenditure per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2010 prices and World Bank population estimates. Household final consumption expenditure (private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Australia GDP: Growth: Household Final Consumption Expenditure per Capita data was reported at 3.748 % in 2023. This records an increase from the previous number of 2.968 % for 2022. Australia GDP: Growth: Household Final Consumption Expenditure per Capita data is updated yearly, averaging 1.808 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 4.966 % in 1964 and a record low of -4.458 % in 2020. Australia GDP: Growth: Household Final Consumption Expenditure per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2010 prices and World Bank population estimates. Household final consumption expenditure (private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Costa Rica CR: GDP: Growth: Household Final Consumption Expenditure per Capita data was reported at 4.511 % in 2023. This records an increase from the previous number of 2.148 % for 2022. Costa Rica CR: GDP: Growth: Household Final Consumption Expenditure per Capita data is updated yearly, averaging 2.298 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 15.363 % in 1965 and a record low of -12.040 % in 1982. Costa Rica CR: GDP: Growth: Household Final Consumption Expenditure per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Costa Rica – Table CR.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2010 prices and World Bank population estimates. Household final consumption expenditure (private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Laos LA: GDP: Growth: Household Final Consumption Expenditure per Capita data was reported at 4.649 % in 2017. This records an increase from the previous number of 3.071 % for 2016. Laos LA: GDP: Growth: Household Final Consumption Expenditure per Capita data is updated yearly, averaging 3.587 % from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 17.508 % in 2001 and a record low of -2.685 % in 2002. Laos LA: GDP: Growth: Household Final Consumption Expenditure per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2010 prices and World Bank population estimates. Household final consumption expenditure (private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;