The provided data highlights significant differences in NPISHs and households' final consumption expenditure across different countries. Sierra Leone, Liberia, and Central African Republic show the highest growth rates among the listed countries, indicating a strong increase in consumption expenditure. Notably, developing nations like Ethiopia, Rwanda, and Mozambique also exhibit notable variation figures, reflecting economic activities and possibly inflation impacts.
Developed economies including the Netherlands, United States, and United Kingdom show lower growth rates, aligning with typical mature market traits. As we progress through 2024, emerging markets in Africa and Asia are projected to be at the forefront of consumption growth due to rising incomes and expanding middle classes.
The future trends to watch include:
- The ongoing expansion of emerging economies driven by demographic changes and urbanization.
- Sustainable and inclusive growth efforts focusing on poverty reduction and equitable consumption patterns.
- The impact of global economic policies and trade tensions on national consumption expenditure trajectories.
Top countries in NPISHs and Households Final Consumption Expenditure by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Sierra Leone | 11.68 | 2023 | View data |
| 2 | 2 Liberia | 10.98 | 2023 | View data |
| 3 | 3 Central African Republic | 10.66 | 2023 | View data |
| 4 | 4 Bhutan | 9.77 | 2023 | View data |
| 5 | 5 Iceland | 8.46 | 2023 | View data |
| 6 | 6 Ethiopia | 8.18 | 2023 | View data |
| 7 | 7 Northern Mariana Islands | 7.69 | 2023 | View data |
| 8 | 8 Cape Verde | 7.48 | 2023 | View data |
| 9 | 9 Djibouti | 7.24 | 2023 | View data |
| 10 | 10 China | 7.1 | 2023 | View data |
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