Countries by Final consumption expenditure (current US$)

The United States ranks first in final consumption expenditure with $23.83 trillion, more than double second-ranked China at $10.60 trillion. At the other end, Palau records $339.1 million, making the gap between first and last place more than 70,000-fold. The ranking spans 180 countries and reflects the total scale of resident spending on goods and services in current US dollars.

Economy category

Ranking 2024

Countries by Final consumption expenditure (current US$)
Rank	Country	Value
1	United States	23,832,600,000,000
2	China	10601509609390.3
3	Germany	3501223727006.25
4	United Kingdom	3010690313351.1
5	Japan	3008235163067.12
6	India	2790583779131.69
7	France	2490895486014.14
8	Brazil	1808241275315.9
9	Italy	1791243776871.72
10	Canada	1728335429952.51
11	Mexico	1511637552118.68
12	Russia	1476529787941.09
13	Australia	1292795226188.31
14	Spain	1288477616185.16
15	South Korea	1237210525350.69
16	Türkiye	934142126670.6
17	Indonesia	881500012929.91
18	Netherlands	841998919967.19
19	Saudi Arabia	821,041,600,000
20	Poland	717662520364.23
21	Switzerland	588064240546.17
22	Argentina	520916887427.48
23	Belgium	509502463771.88
24	Sweden	434114953560.74
25	Philippines	418474486303.22
26	Israel	400403943611.39
27	Thailand	394352643251.58
28	Austria	394323785273.81
29	Colombia	368580258864.69
30	Egypt	365138109595.77
31	Pakistan	347904822736.97
32	Bangladesh	342283512075.27
33	South Africa	336276477841.42
34	Hong Kong	326001978771.2
35	Romania	309922560020.88
36	Malaysia	307070999478.2
37	Norway	301010158976.35
38	Vietnam	298936872697.12
39	United Arab Emirates	298360876460.18
40	Denmark	282540310325.73
41	Iran	278277554932.14
42	Portugal	243680547037.32
43	Chile	241668186284.79
44	Ireland	240337744845.24
45	Czechia	234054529400.36
46	Finland	230645536466.41
47	Singapore	230356681806.24
48	Greece	223595223983.3
49	Peru	216861535477.97
50	New Zealand	206958346152.1
51	Ukraine	191293562528.25
52	Kazakhstan	183,824,063,971
53	Iraq	164050773153.46
54	Hungary	160946571899.3
55	Algeria	159793591564.16
56	Ethiopia	128396947636.6
57	Morocco	125462631970.06
58	Slovakia	112916497906.47
59	Guatemala	111925909146.8
60	Puerto Rico	107,436,600,000
61	Kenya	106836884171.61
62	Venezuela	104783432761.27
63	Kuwait	104024936113.42
64	Dominican Republic	98493198331.31
65	Ecuador	97,451,222,000
66	Cuba	96,049,000,000
67	Uzbekistan	94155611560.94
68	Bulgaria	87338402360.38
69	Angola	78237985150.73
70	Qatar	76307638159.34
71	Costa Rica	74943908113.43
72	Sri Lanka	74881377853.18
73	Croatia	74592587617.56
74	Ghana	73109029362.73
75	Serbia	71655699286.19
76	Côte d'Ivoire	68243361103.63
77	Uruguay	64240262680.62
78	Lithuania	63149483880.59
79	Oman	61988039383.58
80	Belarus	57581190514.92
81	Panama	53146569048.28
82	Slovenia	52750872877.39
83	Azerbaijan	51874235294.12
84	Tunisia	50529980724.76
85	DR Congo	50028983277.44
86	Tanzania	48952588710.07
87	Luxembourg	48840582935.07
88	Sudan	48513499040.52
89	Bolivia	47286152735.17
90	Cameroon	44850022074.39
91	Jordan	43840845070.42
92	Uganda	41022965757.68
93	Nepal	40243839702
94	Zimbabwe	40103247159.14
95	Honduras	37657247496.12
96	Paraguay	35385138334.77
97	Latvia	35253192480.49
98	El Salvador	34,938,480,000
99	Libya	32382629224.57
100	Estonia	32108709449.8
101	Cambodia	30405148501.23
102	Yemen	28604159983.65
103	Georgia	28488830722.92
104	Cyprus	28483646321.53
105	Lebanon	28352225089.71
106	Syria	27762310530.48
107	Senegal	26666434966.4
108	Haiti	26613242539.47
109	Bosnia and Herzegovina	26311686280.54
110	Bahrain	25461890159.57
111	Iceland	24925278530.33
112	Mali	22842203246.45
113	Albania	22160059752.4
114	Macao	21575295038.55
115	Mozambique	21000453462.17
116	Guinea	20729407295.03
117	Armenia	20499806992.08
118	Afghanistan	20460132046.72
119	Moldova	19057175153.72
120	Burkina Faso	18836953187.36
121	Kyrgyzstan	18580776640.47
122	Nicaragua	18296824837.61
123	Somalia	16,892,000,000
124	Palestine	15,933,100,000
125	Malta	15539118438.48
126	Mongolia	15444158952.23
127	Zambia	15361457595.71
128	Madagascar	15021746331.54
129	Botswana	15019928839.45
130	Benin	14586078310.78
131	Niger	14564234104.44
132	North Macedonia	13963149638.32
133	Malawi	13927281416.22
134	Namibia	13469611272.14
135	Laos	12676769976.43
136	Mauritius	12499279592.07
137	Tajikistan	12273870916.43
138	Bahamas	12,224,500,000
139	Chad	12009715818.4
140	Rwanda	11677390837.06
141	Kosovo	10786063517.41
142	South Sudan	10377844986.4
143	Equatorial Guinea	10373105843.73
144	Republic of Congo	9555268574.38
145	Gabon	9142902437.61
146	Montenegro	7986333891.19
147	Brunei	7887339286.12
148	New Caledonia	7691218686.59
149	Togo	7527462887.51
150	Mauritania	7384236764.06
151	French Polynesia	6685019253.52
152	Sierra Leone	5964382236.49
153	Bermuda	5,063,600,000
154	Maldives	4890222913.53
155	U.S. Virgin Islands	4,827,000,000
156	Eswatini	4129894511.24
157	Djibouti	3660310128.8
158	Central African Republic	2943911036.64
159	Burundi	2802781284.12
160	Aruba	2793978060.59
161	Faroe Islands	2775045553.63
162	Lesotho	2720486845.59
163	Timor-Leste	2690342017.59
164	Curaçao	2671899441.34
165	Cabo Verde	2592375840.42
166	Belize	2,570,200,150
167	Greenland	2471528888.84
168	Bhutan	2401118352.16
169	Gambia	2303663485.92
170	Seychelles	2185947652.16
171	Guinea-Bissau	2000986859.8
172	Solomon Islands	1712344565.47
173	Comoros	1625596463.24
174	Samoa	1088572350.55
175	San Marino	1062726948.99
176	Vanuatu	1041551107.45
177	Tonga	738389048.44
178	Kiribati	488212406.53
179	Marshall Islands	353444688.8
180	Palau	339109642.03

Analysis

Final consumption expenditure measures total spending on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. According to the World Bank World Development Indicators (indicator code NE.CON.TOTL.CD), this covers households, general government, the central bank, and non-profit institutions serving households. Values are expressed in current US dollars with no adjustment for inflation. The dataset covers 180 countries, of which 176 (97.8%) have data from the last seven years, and 100% of datapoints are classified as official-quality. The ranking contains 20 extreme outliers identified at the 3-sigma threshold, and the value range runs from $339.1 million to $23.83 trillion, a spread of over 7,000,000%.

The top of the ranking is heavily concentrated among large, high-income economies. The United States (rank 1) at $23.83 trillion stands far ahead of China (rank 2) at $10.60 trillion. Germany (rank 3, $3.50 trillion), the United Kingdom (rank 4, $3.01 trillion), and Japan (rank 5, $3.01 trillion) are closely grouped. India (rank 6, $2.79 trillion) and France (rank 7, $2.49 trillion) follow. Large population size and high per-capita income both contribute to elevated absolute totals, which is why the ranking reflects a mix of populous middle-income countries and smaller but wealthy ones.

Several notable placements appear in the middle and lower portions of the ranking. South Korea (rank 15, $1.24 trillion) and Turkiye (rank 16, $934.1 billion) exceed much larger economies by population. Iran (rank 41, $278.3 billion) appears between Denmark (rank 40) and Portugal (rank 42), reflecting its large population despite constrained trade conditions visible in the data. Puerto Rico (rank 60, $107.4 billion) and Hong Kong SAR, China (rank 34, $326.0 billion) appear as non-sovereign territories with their own separate entries. Palau (rank 180, $339.1 million) and the Marshall Islands (rank 179, $353.4 million) record the lowest values in the dataset.

Because values are expressed in current US dollars without inflation adjustment, exchange rate movements can significantly distort year-over-year comparisons and cross-country rankings, particularly for countries with volatile currencies. The average year-over-year change across the dataset is 8.0%, which is within the acceptable volatility threshold, but individual country figures may vary more sharply. The 2024 data year has full coverage for only 155 of 180 countries (86.1%), meaning some values are estimates or carry forward from earlier years. Cuba (rank 66, $96.05 billion) and several other countries rely on less recent observations. The metric captures aggregate consumption scale but does not reflect per-capita welfare, purchasing power, or the composition of spending between households and government.

Methodology

Data are drawn from the World Bank World Development Indicators, indicator code NE.CON.TOTL.CD, for the reference year 2024. The metric is defined as follows: final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no inflation adjustment is applied. The dataset covers 180 countries, with 176 of 180 (97.8%) having data from the last seven years and 100% classified as official-quality. Full 2024-year data are available for 155 of 180 countries (86.1%). Twenty extreme outliers were identified at the 3-sigma threshold. The value range spans $339.1 million (Palau) to $23.83 trillion (United States), a spread of approximately 7,027,892%. No microstate exclusions were applied, as 0 of 180 countries fall below the 1 million population threshold used in viability screening.

Sources

World Bank