Contact Contacts
Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — High-income countries

Household consumption (% of GDP) in high-income countries in 2024 — 58.9%. Since 1995, the indicator has risen by 1.3 pp.

2024 58.9% +0.1 pp vs 2023
World rank —
Period maximum 60.2%2002
Period minimum 57.6%2021

Trend over time

1995–2024 · % of GDP

Household consumption (% of GDP) — High-income countries, 1995–20245758596061199519982001200420072010201320162019202220241995: 57.7%1996: 58%1997: 58.3%1998: 58.9%1999: 59.2%2000: 59.2%2001: 59.9%2002: 60.2%2003: 60%2004: 59.5%2005: 59.3%2006: 58.9%2007: 58.5%2008: 58.5%2009: 59.8%2010: 59.2%2011: 58.7%2012: 58.7%2013: 58.7%2014: 58.6%2015: 59.1%2016: 59.3%2017: 59%2018: 58.6%2019: 58.6%2020: 57.8%2021: 57.6%2022: 58.2%2023: 58.8%2024: 58.9%
Change over the period: +1.3 pp Annual average: 0.04 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: High-income countries

High-income countries 58.9%
World 56.6%
Household consumption (% of GDP) — High-income countries, by year High-income countries All countries CSV XLSX
Year % Change, pp
2024 58.9 +0.1 pp
2023 58.8 +0.6 pp
2022 58.2 +0.6 pp
2021 57.6 −0.2 pp
2020 57.8 −0.8 pp
2019 58.6 −0.1 pp
2018 58.6 −0.4 pp
2017 59 −0.2 pp
2016 59.3 +0.2 pp
2015 59.1 +0.4 pp
2014 58.6 −0 pp
2013 58.7 −0 pp
2012 58.7 +0 pp
2011 58.7 −0.5 pp
2010 59.2 −0.6 pp
2009 59.8 +1.3 pp
2008 58.5 +0 pp
2007 58.5 −0.4 pp
2006 58.9 −0.4 pp
2005 59.3 −0.2 pp
2004 59.5 −0.5 pp
2003 60 −0.2 pp
2002 60.2 +0.2 pp
2001 59.9 +0.7 pp
2000 59.2 +0 pp
1999 59.2 +0.3 pp
1998 58.9 +0.6 pp
1997 58.3 +0.3 pp
1996 58 +0.3 pp
1995 57.7 —

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.

Other indicators for high-income countries

Economy Household consumption

How much money the residents of a country spend in a year on goods and services for themselves.

High-income countries by year Economy Gross capital formation (% of GDP)

Investment in fixed assets and inventories as a percent of GDP — the base of future growth.

High-income countries by year Economy Government consumption (% of GDP)

The share of GDP taken by government final consumption spending.

High-income countries by year Economy GDP

Gross domestic product in current US dollars — the size of a country's economy.

High-income countries by year Economy GDP per capita

GDP divided by the population, in current US dollars.

High-income countries by year Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

High-income countries by year
All indicators for high-income countries