Household consumption — all countries

Household consumption — East Asia & Pacific

Household consumption in East Asia & Pacific in 2024 — 14,607,474,103,200 US$. Since 1967, the indicator has risen by 8,420.9%.

2024 14.61T US$ +1.93% vs 2023
World rank
Period maximum 14.61T US$2024
Period minimum 171B US$1967

Trend over time

1967–2024 · US$

Household consumption — East Asia & Pacific, 1967–202405T10T15T196719731979198519911997200320092015202120241967: 171,431,036,225 US$1968: 180,114,526,923 US$1969: 194,060,690,170 US$1970: 211,187,629,529 US$1971: 235,010,077,346 US$1972: 292,384,566,834 US$1973: 381,193,630,899 US$1974: 443,246,858,526 US$1975: 500,535,084,155 US$1976: 553,280,955,618 US$1977: 655,137,465,150 US$1978: 822,802,397,249 US$1979: 898,490,608,600 US$1980: 976,439,822,027 US$1981: 1,082,668,527,699 US$1982: 1,080,466,350,853 US$1983: 1,146,022,200,533 US$1984: 1,205,227,035,256 US$1985: 1,262,914,814,466 US$1986: 1,630,897,000,626 US$1987: 1,897,283,481,768 US$1988: 2,260,133,946,829 US$1989: 2,371,466,418,328 US$1990: 2,480,824,277,807 US$1991: 2,781,063,573,613 US$1992: 3,064,805,135,623 US$1993: 3,456,141,311,360 US$1994: 3,916,383,774,562 US$1995: 4,452,659,951,939 US$1996: 4,295,083,655,306 US$1997: 4,098,115,529,202 US$1998: 3,652,255,815,997 US$1999: 4,168,766,105,290 US$2000: 4,482,128,926,404 US$2001: 4,197,329,245,086 US$2002: 4,284,708,065,070 US$2003: 4,652,394,738,093 US$2004: 5,129,634,672,525 US$2005: 5,426,929,578,852 US$2006: 5,655,441,246,324 US$2007: 6,171,838,124,501 US$2008: 7,035,830,042,230 US$2009: 7,236,807,165,396 US$2010: 8,246,889,267,222 US$2011: 9,511,847,827,589 US$2012: 10,178,307,574,972 US$2013: 10,180,333,148,030 US$2014: 10,450,605,365,838 US$2015: 10,350,914,762,741 US$2016: 10,838,212,522,562 US$2017: 11,450,565,049,660 US$2018: 12,410,495,633,314 US$2019: 12,749,264,497,387 US$2020: 12,491,759,722,938 US$2021: 14,098,314,742,038 US$2022: 13,825,111,820,976 US$2023: 14,331,581,828,722 US$2024: 14,607,474,103,200 US$
Change over the period: +14.44T (+8,420.9%) Average annual rate: 8.11 %

Comparison, 2024

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

East Asia & Pacific 14.61T US$
World 63.19T US$
Household consumption — East Asia & Pacific, by year East Asia & Pacific All countries CSV XLSX
Year US$ Change Change, %
2024 14.61T +276B +1.93%
2023 14.33T +506B +3.66%
2022 13.83T −273B −1.94%
2021 14.1T +1.61T +12.86%
2020 12.49T −258B −2.02%
2019 12.75T +339B +2.73%
2018 12.41T +960B +8.38%
2017 11.45T +612B +5.65%
2016 10.84T +487B +4.71%
2015 10.35T −99.69B −0.95%
2014 10.45T +270B +2.65%
2013 10.18T +2.03B +0.02%
2012 10.18T +666B +7.01%
2011 9.51T +1.26T +15.34%
2010 8.25T +1.01T +13.96%
2009 7.24T +201B +2.86%
2008 7.04T +864B +14%
2007 6.17T +516B +9.13%
2006 5.66T +229B +4.21%
2005 5.43T +297B +5.8%
2004 5.13T +477B +10.26%
2003 4.65T +368B +8.58%
2002 4.28T +87.38B +2.08%
2001 4.2T −285B −6.35%
2000 4.48T +313B +7.52%
1999 4.17T +517B +14.14%
1998 3.65T −446B −10.88%
1997 4.1T −197B −4.59%
1996 4.3T −158B −3.54%
1995 4.45T +536B +13.69%
1994 3.92T +460B +13.32%
1993 3.46T +391B +12.77%
1992 3.06T +284B +10.2%
1991 2.78T +300B +12.1%
1990 2.48T +109B +4.61%
1989 2.37T +111B +4.93%
1988 2.26T +363B +19.12%
1987 1.9T +266B +16.33%
1986 1.63T +368B +29.14%
1985 1.26T +57.69B +4.79%
1984 1.21T +59.2B +5.17%
1983 1.15T +65.56B +6.07%
1982 1.08T −2.2B −0.2%
1981 1.08T +106B +10.88%
1980 976B +77.95B +8.68%
1979 898B +75.69B +9.2%
1978 823B +168B +25.59%
1977 655B +102B +18.41%
1976 553B +52.75B +10.54%
1975 501B +57.29B +12.92%
1974 443B +62.05B +16.28%
1973 381B +88.81B +30.37%
1972 292B +57.37B +24.41%
1971 235B +23.82B +11.28%
1970 211B +17.13B +8.83%
1969 194B +13.95B +7.74%
1968 180B +8.68B +5.07%
1967 171B

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.