Household consumption — all countries

Household consumption — Latin America & Caribbean

Household consumption in Latin America & Caribbean in 2025 — 5,079,938,961,829 US$. Since 1960, the indicator has risen by 8,836.4%.

2025 5.08T US$ +4.28% vs 2024
World rank
Period maximum 5.08T US$2025
Period minimum 56.85B US$1960

Trend over time

1960–2025 · US$

Household consumption — Latin America & Caribbean, 1960–202502T4T6T19601967197419811988199520022009201620231960: 56,845,490,229 US$1962: 68,695,621,814 US$1964: 82,573,924,968 US$1966: 94,683,544,108 US$1968: 106,552,349,507 US$1970: 126,826,996,322 US$1972: 161,090,823,953 US$1974: 264,530,902,784 US$1976: 307,386,110,144 US$1978: 403,444,085,732 US$1980: 548,057,015,610 US$1982: 586,716,664,257 US$1984: 517,509,702,383 US$1986: 529,250,266,997 US$1988: 602,200,134,401 US$1990: 728,568,045,442 US$1992: 914,976,031,925 US$1994: 1,219,470,256,813 US$1996: 1,430,547,618,134 US$1998: 1,568,804,670,978 US$2000: 1,560,908,842,219 US$2002: 1,362,658,067,762 US$2004: 1,565,269,141,867 US$2006: 2,160,979,586,690 US$2008: 2,900,582,788,148 US$2010: 3,348,182,370,572 US$2012: 3,928,765,464,225 US$2014: 4,127,874,398,880 US$2016: 3,476,808,269,183 US$2018: 3,793,299,729,688 US$2020: 3,114,096,164,672 US$2022: 4,229,605,788,933 US$2024: 4,871,624,951,054 US$2025: 5,079,938,961,829 US$
Change over the period: +5.02T (+8,836.4%) Average annual rate: 7.16 %
Household consumption — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year US$ Change Change, %
2025 5.08T +208B +4.28%
2024 4.87T +140B +2.96%
2023 4.73T +502B +11.87%
2022 4.23T +600B +16.54%
2021 3.63T +515B +16.54%
2020 3.11T −618B −16.55%
2019 3.73T −61.39B −1.62%
2018 3.79T −74.11B −1.92%
2017 3.87T +391B +11.23%
2016 3.48T −91.3B −2.56%
2015 3.57T −560B −13.56%
2014 4.13T +46.1B +1.13%
2013 4.08T +153B +3.89%
2012 3.93T +46.24B +1.19%
2011 3.88T +534B +15.96%
2010 3.35T +634B +23.35%
2009 2.71T −186B −6.42%
2008 2.9T +385B +15.31%
2007 2.52T +355B +16.41%
2006 2.16T +272B +14.42%
2005 1.89T +323B +20.66%
2004 1.57T +170B +12.16%
2003 1.4T +32.85B +2.41%
2002 1.36T −163B −10.68%
2001 1.53T −35.29B −2.26%
2000 1.56T +149B +10.59%
1999 1.41T −157B −10.03%
1998 1.57T +1.18B +0.07%
1997 1.57T +137B +9.58%
1996 1.43T +125B +9.58%
1995 1.31T +86.06B +7.06%
1994 1.22T +167B +15.92%
1993 1.05T +137B +14.97%
1992 915B +93.6B +11.4%
1991 821B +92.81B +12.74%
1990 729B +107B +17.21%
1989 622B +19.41B +3.22%
1988 602B +58.03B +10.66%
1987 544B +14.92B +2.82%
1986 529B +15.64B +3.04%
1985 514B −3.9B −0.75%
1984 518B +9.8B +1.93%
1983 508B −79.01B −13.47%
1982 587B −51.14B −8.02%
1981 638B +89.8B +16.38%
1980 548B +89.25B +19.45%
1979 459B +55.36B +13.72%
1978 403B +66.12B +19.6%
1977 337B +29.93B +9.74%
1976 307B +33.8B +12.35%
1975 274B +9.06B +3.42%
1974 265B +57.11B +27.53%
1973 207B +46.33B +28.76%
1972 161B +17.6B +12.26%
1971 143B +16.67B +13.14%
1970 127B +9.99B +8.55%
1969 117B +10.28B +9.65%
1968 107B +8.46B +8.63%
1967 98.09B +3.41B +3.6%
1966 94.68B +8.51B +9.88%
1965 86.17B +3.6B +4.36%
1964 82.57B +8.65B +11.7%
1963 73.93B +5.23B +7.61%
1962 68.7B +7.86B +12.92%
1961 60.84B +3.99B +7.02%
1960 56.85B

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.