Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — Eastern Asia

Household consumption (% of GDP) in Eastern Asia in 2024 — 43.2%. Since 1981, the indicator has fallen by 7.8 pp.

2024 43.2% −0 pp vs 2023
World rank
Period maximum 52.3%2002
Period minimum 42%2022

Trend over time

1981–2024 · % of GDP

Household consumption (% of GDP) — Eastern Asia, 1981–20244045505519811986199119962001200620112016202120241981: 51%1982: 52%1983: 52.2%1984: 51.2%1985: 51%1986: 50.5%1987: 50.2%1988: 49.5%1989: 49.6%1990: 49.5%1991: 49%1992: 49.4%1993: 50.2%1994: 51%1995: 51.3%1996: 51.1%1997: 51%1998: 51.1%1999: 52.2%2000: 52%2001: 52.1%2002: 52.3%2003: 51.5%2004: 50.5%2005: 50%2006: 49%2007: 47.5%2008: 46.8%2009: 47.1%2010: 45.8%2011: 45.7%2012: 45.5%2013: 44.6%2014: 44.3%2015: 43.9%2016: 44.5%2017: 44%2018: 43.8%2019: 44.1%2020: 42.8%2021: 42.3%2022: 42%2023: 43.3%2024: 43.2%
Change over the period: −7.8 pp Annual average: -0.18 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Eastern Asia

Eastern Asia 43.2%
World 56.6%
Household consumption (% of GDP) — Eastern Asia, by year Eastern Asia All countries CSV XLSX
Year % Change, pp
2024 43.2 −0 pp
2023 43.3 +1.2 pp
2022 42 −0.3 pp
2021 42.3 −0.5 pp
2020 42.8 −1.2 pp
2019 44.1 +0.2 pp
2018 43.8 −0.2 pp
2017 44 −0.5 pp
2016 44.5 +0.7 pp
2015 43.9 −0.4 pp
2014 44.3 −0.3 pp
2013 44.6 −0.9 pp
2012 45.5 −0.2 pp
2011 45.7 −0.1 pp
2010 45.8 −1.3 pp
2009 47.1 +0.4 pp
2008 46.8 −0.8 pp
2007 47.5 −1.5 pp
2006 49 −1 pp
2005 50 −0.5 pp
2004 50.5 −1 pp
2003 51.5 −0.8 pp
2002 52.3 +0.2 pp
2001 52.1 +0.2 pp
2000 52 −0.2 pp
1999 52.2 +1.1 pp
1998 51.1 +0.1 pp
1997 51 −0.1 pp
1996 51.1 −0.2 pp
1995 51.3 +0.3 pp
1994 51 +0.8 pp
1993 50.2 +0.8 pp
1992 49.4 +0.4 pp
1991 49 −0.5 pp
1990 49.5 −0.1 pp
1989 49.6 +0.2 pp
1988 49.5 −0.8 pp
1987 50.2 −0.3 pp
1986 50.5 −0.5 pp
1985 51 −0.2 pp
1984 51.2 −1 pp
1983 52.2 +0.2 pp
1982 52 +1 pp
1981 51

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.