Consumption growth by country: the latest data

* indicates monthly or quarterly data series
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* indicates monthly or quarterly data series
The table shows the percent change in household consumption from the same quarter last year. The first column of numbers is the value for the latest quarter and the next two columns show the rate of consumption growth in the previous quarter and a year ago.

Household consumption is not as volatile as investment by firms but it is nonetheless the main component of the GDP and, as such, its dynamics are important for overall economic growth. You can also look at consumption as share of GDP to compare their levels across countries.

Definition: The percent change in Household Consumption from the same quarter last year.

Countries Latest available value Reference date Value 3 months ago Value 12 months ago
Albania 8.04 Q1 / 2023 12.86 11.60
Algeria 11.87 Q4 / 2022 11.69 13.43
Argentina 120.27 Q2 / 2023 108.96 76.51
Armenia 14.98 Q2 / 2023 13.19 15.30
Australia 7.75 Q2 / 2023 10.11 9.77
Austria 7.06 Q2 / 2023 10.80 16.29
Azerbaijan 16.86 Q1 / 2023 22.31 16.44
Bahamas 14.50 Q4 / 2022 4.58 17.56
Belarus 12.62 Q1 / 2023 16.43 18.64
Belgium 9.35 Q2 / 2023 11.07 14.24
Bermuda 5.17 Q1 / 2023 9.14 4.84
Bolivia 5.35 Q1 / 2023 11.36 9.04
Bosnia and Herzegovina 11.87 Q1 / 2023 17.65 13.71
Botswana 15.72 Q1 / 2023 16.56 10.94
Brazil 7.86 Q2 / 2023 9.82 19.47
Brunei 16.50 Q1 / 2023 22.08 7.46
Bulgaria 23.21 Q2 / 2023 14.58 15.26
Cameroon 11.58 Q4 / 2022 6.70 9.51
Canada 5.37 Q2 / 2023 8.98 14.50
Cape Verde 21.86 Q1 / 2023 25.76 47.58
Chile 1.14 Q2 / 2023 2.27 17.18
Colombia 12.63 Q2 / 2023 17.41 26.61
Costa Rica 8.88 Q1 / 2023 12.42 10.40
Croatia 10.44 Q2 / 2023 13.11 18.82
Cyprus 6.67 Q2 / 2023 12.94 16.09
Czechia 4.99 Q2 / 2023 8.14 14.78
Denmark 3.82 Q2 / 2023 7.32 5.81
Dominican Republic 8.82 Q1 / 2023 11.42 15.19
Ecuador 5.78 Q1 / 2023 9.40 11.04
Egypt 21.96 Q4 / 2022 25.07 10.62
Estonia 7.76 Q2 / 2023 14.12 22.35
Euro area 7.11 Q2 / 2023 10.16 12.31
Finland 4.38 Q2 / 2023 7.77 9.47
France 5.69 Q2 / 2023 7.86 8.89
Georgia 2.63 Q1 / 2023 16.04 20.15
Germany 5.68 Q2 / 2023 8.30 12.78
Ghana 45.42 Q1 / 2023 39.57 26.21
Greece 7.66 Q2 / 2023 8.75 18.02
Guatemala 11.56 Q1 / 2023 12.43 13.08
Hong Kong 13.18 Q2 / 2023 18.04 1.72
Hungary 16.17 Q2 / 2023 20.24 23.90
Iceland 10.52 Q2 / 2023 15.24 21.54
India 9.06 Q2 / 2023 6.98 31.84
Indonesia 10.02 Q2 / 2023 10.76 10.09
Iran 24.57 Q3 / 2020 18.57 32.63
Ireland 10.35 Q2 / 2023 12.67 15.56
Israel 5.64 Q2 / 2023 8.56 11.16
Italy 6.53 Q2 / 2023 11.32 11.74
Japan 3.12 Q2 / 2023 5.91 5.39
Kazakhstan 31.69 Q1 / 2023 31.91 8.35
Kyrgyzstan 18.07 Q4 / 2022 15.82 68.78
Latvia 8.73 Q2 / 2023 16.18 23.90
Lithuania 8.90 Q2 / 2023 15.52 19.04
Luxembourg 5.95 Q2 / 2023 6.70 8.06
Macao 14.91 Q2 / 2023 -9.33 -8.27
North Macedonia 14.80 Q1 / 2023 16.97 8.84
Malaysia 5.80 Q2 / 2023 9.08 21.09
Malta 12.59 Q2 / 2023 15.19 18.94
Mauritius 8.70 Q1 / 2023 13.11 8.88
Mexico 11.01 Q1 / 2023 12.19 15.89
Moldova 7.90 Q2 / 2023 16.83 20.28
Mongolia 17.17 Q2 / 2023 10.45 25.03
Montenegro 23.42 Q1 / 2023 21.54 17.33
Netherlands 10.45 Q2 / 2023 16.11 12.12
New Zealand 8.75 Q2 / 2023 6.68 6.34
Nicaragua 11.40 Q2 / 2023 9.50 18.71
Nigeria 18.77 Q4 / 2022 23.31 6.13
Norway 6.12 Q2 / 2023 10.90 16.35
Palestine 3.63 Q1 / 2023 12.22 26.30
Paraguay 12.02 Q1 / 2023 14.32 13.37
Peru 7.87 Q2 / 2023 8.78 13.25
Philippines 11.57 Q2 / 2023 14.70 14.20
Poland 8.70 Q2 / 2023 14.35 21.84
Portugal 6.88 Q2 / 2023 10.54 11.65
Qatar 17.43 Q4 / 2022 17.75 13.68
Romania 13.56 Q2 / 2023 18.74 27.31
Russia 7.76 Q1 / 2023 8.38 19.86
Rwanda 37.83 Q1 / 2023 37.18 5.65
Saudi Arabia 6.02 Q2 / 2023 7.14 8.23
Senegal 19.26 Q1 / 2023 12.80 8.95
Serbia 13.02 Q2 / 2023 16.02 14.79
Seychelles -21.17 Q1 / 2023 -6.25 -18.56
Singapore 6.89 Q2 / 2023 13.57 18.18
Slovakia 8.00 Q2 / 2023 12.84 17.95
Slovenia 6.46 Q2 / 2023 15.45 26.05
South Africa 7.80 Q2 / 2023 8.36 7.60
South Korea 4.75 Q2 / 2023 9.16 8.41
Spain 4.75 Q2 / 2023 7.41 12.72
Sri Lanka 33.83 Q1 / 2023 46.13 20.91
Sweden 4.14 Q2 / 2023 6.99 11.53
Switzerland 4.23 Q2 / 2023 6.54 7.05
Taiwan 14.58 Q2 / 2023 8.88 6.58
Thailand 9.55 Q2 / 2023 10.90 13.13
Turkey 74.39 Q2 / 2023 92.69 123.11
USA 6.03 Q2 / 2023 7.34 9.16
Ukraine -8.17 Q4 / 2022 -12.14 18.41
United Kingdom 9.59 Q1 / 2023 11.75 21.43
Uruguay 9.50 Q2 / 2023 9.40 14.13
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