World Household Consumption to GDP
Household final consumption expenditure as a share of GDP.
Household Consumption to GDP in the World increased to 56.59 percent of GDP in 2024 from 56.22 percent of GDP in 2023.
World Household Consumption to GDP — History
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World Household Consumption to GDP — analysis in simple words
Latest reading
Household Consumption to GDP in the World increased to 56.59 percent of GDP in 2024 from 56.22 percent of GDP in 2023.
It has risen in each of the last three years.
Recent trend
A year earlier (2023) it was 56.2%, so the latest figure is 0.4 percentage points higher.
Over the past five years the average was 55.7%, with a range from 54.9% to 56.6%. The latest value is above that five-year average.
Historical context
This data series starts in 1970 and has 55 annual observations. The latest reading is higher than 18% of all of them.
The highest value on record is 60.4% (2002) and the lowest is 54.9% (2021). The long-run average is 58.0%.
Statistics
- Latest
- 56.6%2024
- Previous
- 56.2%
- 5-year average
- 55.7%
- Long-run average
- 58.0%since 1970
- All-time high
- 60.4%2002
- All-time low
- 54.9%2021
- Observations
- 55Annual
Recent Data
| Period | Value | Change |
|---|---|---|
| 2024 | 56.6% | ▲ +0.4 pp |
| 2023 | 56.2% | ▲ +1.0 pp |
| 2022 | 55.2% | ▲ +0.3 pp |
| 2021 | 54.9% | ▼ −0.4 pp |
| 2020 | 55.3% | ▼ −0.9 pp |
| 2019 | 56.2% | ▼ −0.1 pp |
| 2018 | 56.3% | ▼ −0.5 pp |
| 2017 | 56.8% | ▼ −0.3 pp |
| 2016 | 57.1% | ▲ +0.3 pp |
| 2015 | 56.7% | ▲ +0.4 pp |
| 2014 | 56.3% | ▲ +0.0 pp |
| 2013 | 56.3% | ▼ −0.0 pp |
| 2012 | 56.4% | ▼ −0.1 pp |
| 2011 | 56.5% | ▼ −0.5 pp |
| 2010 | 56.9% | ▼ −1.0 pp |
| 2009 | 58.0% | ▲ +0.8 pp |
| 2008 | 57.2% | ▼ −0.4 pp |
| 2007 | 57.6% | ▼ −0.6 pp |
| 2006 | 58.2% | ▼ −0.8 pp |
| 2005 | 59.0% | ▼ −0.4 pp |
| 2004 | 59.4% | ▼ −0.7 pp |
| 2003 | 60.1% | ▼ −0.3 pp |
| 2002 | 60.4% | ▲ +0.0 pp |
| 2001 | 60.4% | ▲ +0.5 pp |
| 2000 | 59.9% | ▼ −0.1 pp |
| 1999 | 60.0% | ▲ +0.5 pp |
| 1998 | 59.5% | ▲ +0.4 pp |
| 1997 | 59.1% | ▲ +0.2 pp |
| 1996 | 58.9% | ▲ +0.2 pp |
| 1995 | 58.7% |
Household Consumption to GDP — World vs Peers
Latest available reading for each economy (periods may differ). World highlighted.
More World indicators
Understanding Household Consumption to GDP — a simple guide
What it measures
Household final consumption expenditure as a share of GDP.
How it is calculated
Household spending on goods and services ÷ GDP × 100.
A ratio of 60% means households account for 60% of total demand.
Consumption-led economies depend on household income and confidence.
A low share usually means investment or exports drive the economy.
Why it matters for the economy and markets
Consumption is the largest component of demand in most economies.
How to read it
Economies with high consumption shares are more sensitive to household income, credit and confidence.
Data source
World Bank — World Development Indicators (series NE.CON.PRVT.ZS), annual data from 1970 to 2024. Values are shown exactly as published by the source and may be revised later.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What is the current household consumption to gdp of World?
What is the highest and lowest household consumption to gdp of World?
What does household consumption to gdp measure?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.