East Asia & Pacific Consumer Spending 1960-2024

Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.
  • East Asia & Pacific consumer spending for 2022 was $13,388.99B, a 2.64% decline from 2021.
  • East Asia & Pacific consumer spending for 2021 was $13,751.67B, a 12.01% increase from 2020.
  • East Asia & Pacific consumer spending for 2020 was $12,277.64B, a 1.91% decline from 2019.
  • East Asia & Pacific consumer spending for 2019 was $12,517.17B, a 2.98% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
World $55,889.73B
OECD members $36,060.37B
North America $18,678.07B
East Asia & Pacific $13,388.99B
European Union $8,734.11B
Euro Area $7,437.06B
Latin America & Caribbean $4,180.45B
South Asia $2,807.13B
Sub-Saharan Africa $1,529.32B
East Asia & Pacific Consumer Spending - Historical Data
Year Spending Per Capita Growth Rate
2022 $13,388.99B $5,448 2.10%
2021 $13,751.67B $5,347 6.75%
2020 $12,277.64B $5,023 -3.44%
2019 $12,517.17B $5,224 3.88%
2018 $12,155.49B $5,055 5.14%
2017 $11,223.23B $4,838 5.65%
2016 $10,615.64B $4,611 4.85%
2015 $10,162.83B $4,429 4.72%
2014 $10,281.88B $4,260 4.43%
2013 $10,036.76B $4,110 5.14%
2012 $10,062.35B $3,939 5.22%
2011 $9,415.23B $3,774 6.32%
2010 $8,165.52B $3,575 6.02%
2009 $7,172.73B $3,395 2.99%
2008 $6,971.64B $3,320 3.29%
2007 $6,115.66B $3,237 5.80%
2006 $5,611.64B $3,082 4.35%
2005 $5,394.27B $2,976 4.87%
2004 $5,107.40B $2,859 4.07%
2003 $4,633.90B $2,768 2.75%
2002 $4,269.65B $2,716 4.25%
2001 $4,187.26B $2,627 3.76%
2000 $4,472.35B $2,554 4.99%
1999 $4,162.54B $2,456 4.42%
1998 $3,648.34B $2,376 -0.24%
1997 $4,091.75B $2,408 2.85%
1996 $4,288.58B $2,368 4.96%
1995 $4,450.62B $2,283 0.00%
1994 $3,915.59B $0 0.00%
1993 $3,534.27B $0 0.00%
1992 $3,095.80B $0 0.00%
1991 $2,796.53B $0 0.00%
1990 $2,499.21B $0 0.00%
1989 $2,429.19B $0 0.00%
1988 $2,310.70B $0 0.00%
1987 $1,927.13B $0 0.00%
1986 $1,633.02B $0 0.00%
1985 $1,264.40B $0 0.00%
1984 $1,234.09B $0 0.00%
1983 $1,187.34B $0 0.00%
1982 $1,124.09B $0 0.00%
1981 $1,134.39B $0 0.00%
1980 $1,037.24B $0 0.00%
1979 $942.03B $0 0.00%
1978 $857.20B $0 0.00%
1977 $655.13B $0 0.00%
1976 $553.24B $0 0.00%
1975 $500.54B $0 0.00%
1974 $443.28B $0 0.00%
1973 $381.28B $0 0.00%
1972 $292.42B $0 0.00%
1971 $235.00B $0 0.00%
1970 $211.18B $0 0.00%
1969 $194.06B $0 0.00%
1968 $180.12B $0 0.00%
1967 $171.46B $0 0.00%
1966 $B $0 0.00%
1965 $B $0 0.00%
1964 $B $0 0.00%
1963 $B $0 0.00%
1962 $B $0 0.00%
1961 $B $0 0.00%
1960 $B $0 0.00%