Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — East Asia & Pacific

Household consumption (% of GDP) in East Asia & Pacific in 2024 — 45.4%. Since 1967, the indicator has fallen by 15 pp.

2024 45.4% +0 pp vs 2023
World rank
Period maximum 60.3%1967
Period minimum 43.9%2022

Trend over time

1967–2024 · % of GDP

Household consumption (% of GDP) — East Asia & Pacific, 1967–2024404550556065196719731979198519911997200320092015202120241967: 60.3%1968: 57.3%1969: 53.5%1970: 50.6%1971: 50.6%1972: 50.6%1973: 50.1%1974: 50.5%1975: 52.1%1976: 52.3%1977: 52%1978: 51.6%1979: 51.9%1980: 52.2%1981: 52.5%1982: 53.5%1983: 53.3%1984: 52.4%1985: 52.1%1986: 51.4%1987: 50.9%1988: 50.4%1989: 50.8%1990: 50.9%1991: 50.5%1992: 50.9%1993: 51.3%1994: 52%1995: 52.2%1996: 52.2%1997: 52.1%1998: 52.1%1999: 53.3%2000: 52.8%2001: 53.2%2002: 53.4%2003: 52.8%2004: 52%2005: 51.6%2006: 50.6%2007: 49.4%2008: 48.9%2009: 48.9%2010: 47.7%2011: 47.5%2012: 47.5%2013: 46.9%2014: 46.5%2015: 46.2%2016: 46.7%2017: 46.2%2018: 46%2019: 46.3%2020: 45.1%2021: 44.2%2022: 43.9%2023: 45.4%2024: 45.4%
Change over the period: −15 pp Annual average: -0.26 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: East Asia & Pacific

East Asia & Pacific 45.4%
World 56.6%
Household consumption (% of GDP) — East Asia & Pacific, by year East Asia & Pacific All countries CSV XLSX
Year % Change, pp
2024 45.4 +0 pp
2023 45.4 +1.4 pp
2022 43.9 −0.3 pp
2021 44.2 −0.8 pp
2020 45.1 −1.2 pp
2019 46.3 +0.2 pp
2018 46 −0.2 pp
2017 46.2 −0.5 pp
2016 46.7 +0.5 pp
2015 46.2 −0.3 pp
2014 46.5 −0.3 pp
2013 46.9 −0.6 pp
2012 47.5 −0 pp
2011 47.5 −0.2 pp
2010 47.7 −1.2 pp
2009 48.9 −0 pp
2008 48.9 −0.6 pp
2007 49.4 −1.2 pp
2006 50.6 −0.9 pp
2005 51.6 −0.4 pp
2004 52 −0.8 pp
2003 52.8 −0.6 pp
2002 53.4 +0.2 pp
2001 53.2 +0.4 pp
2000 52.8 −0.4 pp
1999 53.3 +1.1 pp
1998 52.1 −0 pp
1997 52.1 −0.1 pp
1996 52.2 −0 pp
1995 52.2 +0.2 pp
1994 52 +0.7 pp
1993 51.3 +0.4 pp
1992 50.9 +0.4 pp
1991 50.5 −0.4 pp
1990 50.9 +0.1 pp
1989 50.8 +0.4 pp
1988 50.4 −0.5 pp
1987 50.9 −0.5 pp
1986 51.4 −0.7 pp
1985 52.1 −0.3 pp
1984 52.4 −0.9 pp
1983 53.3 −0.2 pp
1982 53.5 +1 pp
1981 52.5 +0.3 pp
1980 52.2 +0.3 pp
1979 51.9 +0.3 pp
1978 51.6 −0.4 pp
1977 52 −0.4 pp
1976 52.3 +0.2 pp
1975 52.1 +1.6 pp
1974 50.5 +0.4 pp
1973 50.1 −0.6 pp
1972 50.6 −0 pp
1971 50.6 +0.1 pp
1970 50.6 −3 pp
1969 53.5 −3.8 pp
1968 57.3 −3 pp
1967 60.3

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

Source: World Development Indicators (World Bank), license CC BY 4.0.