Household consumption — all countries

Household consumption — China

Household consumption in China in 2024 — 7,486,333,779,368 US$. Ranked 2 in the world out of 167. Since 1960, the indicator has risen by 24,748.2%.

2024 7.49T US$ +3.56% vs 2023
World rank 2of 167
Period maximum 7.49T US$2024
Period minimum 30.13B US$1960

Trend over time

1960–2024 · US$

Household consumption — China, 1960–202402T4T6T8T19601967197419811988199520022009201620231960: 30,128,251,217 US$1962: 34,068,443,165 US$1964: 36,136,028,425 US$1966: 41,477,628,849 US$1968: 43,732,068,572 US$1970: 49,020,862,301 US$1972: 59,428,096,991 US$1974: 74,804,689,392 US$1976: 81,821,764,023 US$1978: 71,508,130,081 US$1980: 97,370,124,175 US$1982: 109,432,031,840 US$1984: 131,769,541,357 US$1986: 153,435,351,014 US$1988: 154,982,373,588 US$1990: 180,402,259,323 US$1992: 193,687,598,116 US$1994: 249,840,376,955 US$1996: 407,218,996,473 US$1998: 472,249,043,901 US$2000: 572,121,484,751 US$2002: 670,183,498,597 US$2004: 808,499,564,022 US$2006: 1,060,790,840,789 US$2008: 1,658,876,430,043 US$2010: 2,142,817,368,113 US$2012: 3,097,428,478,504 US$2014: 3,948,106,222,025 US$2016: 4,486,448,747,366 US$2018: 5,509,633,753,666 US$2020: 5,723,905,762,939 US$2022: 6,919,552,725,348 US$2024: 7,486,333,779,368 US$
Change over the period: +7.46T (+24,748.22%) Average annual rate: 9 %

Comparison, 2024

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

China 7.49T US$
World 63.19T US$
East Asia & Pacific 14.61T US$
Eastern Asia computed 10.92T US$
Upper-middle-income countries computed 14.57T US$
Household consumption — China, by year China All countries CSV XLSX
Year US$ Change Change, %
2024 7.49T +257B +3.56%
2023 7.23T +310B +4.48%
2022 6.92T −65.16B −0.93%
2021 6.98T +1.26T +22.03%
2020 5.72T −5.81B −0.1%
2019 5.73T +220B +3.99%
2018 5.51T +626B +12.81%
2017 4.88T +398B +8.86%
2016 4.49T +193B +4.49%
2015 4.29T +345B +8.75%
2014 3.95T +428B +12.16%
2013 3.52T +423B +13.65%
2012 3.1T +393B +14.54%
2011 2.7T +561B +26.2%
2010 2.14T +296B +16.05%
2009 1.85T +188B +11.3%
2008 1.66T +339B +25.7%
2007 1.32T +259B +24.41%
2006 1.06T +138B +14.97%
2005 923B +114B +14.12%
2004 808B +87.7B +12.17%
2003 721B +50.62B +7.55%
2002 670B +52.71B +8.54%
2001 617B +45.35B +7.93%
2000 572B +61.79B +12.11%
1999 510B +38.08B +8.06%
1998 472B +27.65B +6.22%
1997 445B +37.38B +9.18%
1996 407B +69.4B +20.54%
1995 338B +87.98B +35.22%
1994 250B +53.56B +27.29%
1993 196B +2.59B +1.34%
1992 194B +9.8B +5.33%
1991 184B +3.49B +1.93%
1990 180B +2.71B +1.53%
1989 178B +22.71B +14.65%
1988 155B +19.39B +14.3%
1987 136B −17.84B −11.63%
1986 153B −3.96B −2.52%
1985 157B +25.63B +19.45%
1984 132B +8.36B +6.78%
1983 123B +13.98B +12.77%
1982 109B +5.16B +4.95%
1981 104B +6.9B +7.08%
1980 97.37B +9.81B +11.2%
1979 87.56B +16.06B +22.45%
1978 71.51B −17.19B −19.38%
1977 88.7B +6.87B +8.4%
1976 81.82B −363M −0.44%
1975 82.19B +7.38B +9.87%
1974 74.8B +2.8B +3.89%
1973 72.01B +12.58B +21.17%
1972 59.43B +8.16B +15.93%
1971 51.26B +2.24B +4.57%
1970 49.02B +3.21B +7.01%
1969 45.81B +2.08B +4.75%
1968 43.73B −199M −0.45%
1967 43.93B +2.45B +5.92%
1966 41.48B +2.83B +7.31%
1965 38.65B +2.51B +6.96%
1964 36.14B +1.84B +5.38%
1963 34.29B +223M +0.66%
1962 34.07B +894M +2.69%
1961 33.17B +3.05B +10.11%
1960 30.13B

Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Household final consumption expenditure in current US dollars — everything people buy for themselves, from food and housing to services. This is the largest part of GDP in almost any country, usually between half and three quarters, and in absolute terms it sets the size of the consumer market. For gauging the capacity of a market the indicator is more useful than GDP: it includes neither government spending nor investment nor exports.

Important: It includes the imputed value of living in owner-occupied housing and other imputed services — computed quantities that statistical offices estimate unevenly.

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