The top three countries showing strong growth in household final consumption expenditure per capita are Sierra Leone, Bhutan, and Albania, with growth rates of 8.93%, 8.25%, and 8.07%, respectively. African nations exhibit varied growth, with Sierra Leone leading, but others like Burkina Faso and Democratic Republic of the Congo witnessing significantly lower growth rates closer to 1.57% and 1.5%. In Europe, countries like Latvia and Slovakia show moderate growth compared to Greece and Hungary, which are experiencing higher increases. Asian countries demonstrate mixed results, with India and China showing modest growth compared to faster-growing economies like Bhutan and Vietnam.
Countries to watch for potential future trends in consumption growth include emerging markets with strong economic policies aimed at boosting spending power. Technological advancements, policy reforms, and economic stability will likely influence future consumption patterns globally.
Top countries in NPISH and Household Final Consumption Expenditure Per Capita Growth by Country
| # | 10 Countries | Percent, Change on the Same Period in Previous Year | Last Year | |
|---|---|---|---|---|
| 1 | 1 Sierra Leone | 8.93 | 2023 | View data |
| 2 | 2 Bhutan | 8.25 | 2023 | View data |
| 3 | 3 Albania | 8.07 | 2023 | View data |
| 4 | 4 Central African Republic | 8.05 | 2023 | View data |
| 5 | 5 Northern Mariana Islands | 7.13 | 2023 | View data |
| 6 | 6 Hungary | 6.78 | 2023 | View data |
| 7 | 7 Greece | 6.69 | 2023 | View data |
| 8 | 8 Cape Verde | 6.44 | 2023 | View data |
| 9 | 9 Latvia | 6.34 | 2023 | View data |
| 10 | 10 Romania | 6.17 | 2023 | View data |
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