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List of largest consumer markets
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Below is a list of the largest consumer markets of the world, according to data from the World Bank. The countries are sorted by their household final consumption expenditure (HFCE) which represents consumer spending. Values are in nominal terms in United States dollar and adjusted for purchasing power parity (PPP) in constant 2021 international dollar in nominal terms. A large (and especially larger than the whole economy (100% GDP)) percentage typically indicates the existence of an informal economy, at least in terms of income.
List
| Country | HFCE (millions of USD) | % of GDP | Year | title=Household final consumption expenditure (current US$) Data | url=https://data.worldbank.org/indicator/NE.CON.PRVT.CD?year_high_desc=true | access-date=7 April 2018 | website=data.worldbank.org | language=en-us}} | title=Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $) | url=https://data.worldbank.org/indicator/NE.CON.PRVT.PP.KD?most_recent_value_desc=true&year_high_desc=true | access-date=2025-01-27 | website=World Bank Open Data}} |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| World | 60,347,337 | 88,594,034 | 58% | 2023 | ||||||||
| United States | 19,825,338 | 17,492,831 | 69% | 2024 | ||||||||
| European Union | 9,592,485 | 11,246,482 | 51% | 2023 | ||||||||
| China | 7,229,260 | 12,492,677 | 38% | 2023 | ||||||||
| India | 2,405,796 | 9,019,567 | 60% | 2024 | ||||||||
| Japan | 2,365,528 | 2,761,237 | 55% | 2022 | ||||||||
| Germany | 2,259,530 | 2,480,275 | 51% | 2023 | ||||||||
| United Kingdom | 2,064,938 | 1,960,294 | 62% | 2023 | ||||||||
| France | 1,628,357 | 1,660,567 | 62% | 2023 | ||||||||
| Brazil | 1,389,862 | 2,542,830 | 63% | 2024 | ||||||||
| Italy | 1,342,801 | 1,566,910 | 59% | 2023 | ||||||||
| Mexico | 1,302,382 | 1,828,035 | 69% | 2024 | ||||||||
| Canada | 1,181,871 | 1,172,725 | 56% | 2023 | ||||||||
| Russia | 1,073,210 | 2,938,894 | 53% | 2024 | ||||||||
| Australia | 897,961 | 790,078 | 50% | 2024 | ||||||||
| Spain | 879,143 | 1,118,776 | 58% | 2023 | ||||||||
| South Korea | 838,028 | 1,054,547 | 49% | 2023 | ||||||||
| Turkey | 786,594 | 1,824,831 | 58% | 2024 | ||||||||
| Indonesia | 773,553 | 2,042,153 | 53% | 2024 | ||||||||
| Saudi Arabia | 556,685 | 939,714 | 37% | 2024 | ||||||||
| Poland | 526,536 | 848,857 | 58% | 2024 | ||||||||
| Netherlands | 486,434 | 482,624 | 41% | 2023 | ||||||||
| Switzerland | 456,705 | 315,224 | 51% | 2023 | ||||||||
| Argentina | 431,270 | 716,218 | 62% | 2024 | ||||||||
| Philippines | 351,500 | 843,833 | 75% | 2024 | ||||||||
| Egypt | 340,743 | 1,544,873 | 85% | 2024 | ||||||||
| Belgium | 324,705 | 332,514 | 50% | 2023 | ||||||||
| Pakistan | 317,998 | 1,278,949 | 85% | 2024 | ||||||||
| Bangladesh | 315,690 | 965,487 | 69% | 2024 | ||||||||
| Thailand | 306,481 | 855,305 | 53% | 2024 | ||||||||
| Colombia | 306,122 | 633,333 | 75% | 2024 | ||||||||
| Hong Kong | 274,239 | 303,028 | 70% | 2024 | ||||||||
| Austria | 267,095 | 282,849 | 50% | 2023 | ||||||||
| South Africa | 259,561 | 533,101 | 60% | 2024 | ||||||||
| Malaysia | 256,509 | 707,414 | 60% | 2024 | ||||||||
| Sweden | 256,062 | 264,518 | 43% | 2023 | ||||||||
| Israel | 245,632 | 204,257 | 55% | 2023 | ||||||||
| Romania | 242,994 | 441,000 | 64% | 2024 | ||||||||
| Vietnam | 235,637 | 700,042 | 68% | 2023 | ||||||||
| United Arab Emirates | 234,510 | 311,254 | 39% | 2023 | ||||||||
| Iran | 220,580 | 696,205 | 48% | 2024 | ||||||||
| Chile | 191,906 | 301,434 | 63% | 2024 | ||||||||
| Denmark | 185,088 | 158,666 | 47% | 2023 | ||||||||
| Norway | 182,146 | 172,230 | 45% | 2023 | ||||||||
| Portugal | 179,660 | 240,363 | 64% | 2023 | ||||||||
| Peru | 178,072 | 296,875 | 65% | 2024 | ||||||||
| Singapore | 172,365 | 191,730 | 36% | 2024 | ||||||||
| Greece | 162,900 | 223,946 | 68% | 2023 | ||||||||
| Finland | 157,498 | 150,730 | 53% | 2023 | ||||||||
| Czech Republic | 150,986 | 180,200 | 47% | 2023 | ||||||||
| Ireland | 147,584 | 124,829 | 30% | 2023 | ||||||||
| New Zealand | 143,490 | 136,311 | 57% | 2022 | ||||||||
| Kazakhstan | 134,701 | 324,309 | 52% | 2023 | ||||||||
| Ukraine | 118,960 | 350,896 | 75% | 2024 | ||||||||
| Iraq | 115,265 | 231,993 | 63% | 2024 | ||||||||
| Hungary | 105,154 | 165,065 | 48% | 2023 | ||||||||
| Algeria | 101,009 | 291,999 | 44% | 2023 | ||||||||
| Guatemala | 99,589 | 191,968 | 85% | 2024 | ||||||||
| Ethiopia | 98,127 | 290,926 | 69% | 2022 | ||||||||
| Puerto Rico | 95,626 | 97,959 | 64% | 2024 | ||||||||
| Morocco | 94,677 | 200,258 | 58% | 2024 | ||||||||
| Kenya | 94,000 | 243,684 | 82% | 2024 | ||||||||
| Dominican Republic | 84,192 | 180,931 | 70% | 2024 | ||||||||
| Ecuador | 80,881 | 153,969 | 61% | 2024 | ||||||||
| Slovakia | 78,259 | 102,493 | 56% | 2023 | ||||||||
| Uzbekistan | 78,122 | 237,943 | 54% | 2024 | ||||||||
| Ghana | 69,626 | 177,544 | 69% | 2024 | ||||||||
| Sri Lanka | 67,994 | 190,910 | 69% | 2024 | ||||||||
| Bulgaria | 64,678 | 118,049 | 60% | 2024 | ||||||||
| Costa Rica | 60,948 | 78,692 | 63% | 2024 | ||||||||
| Kuwait | 59,789 | 91,787 | 45% | 2022 | ||||||||
| Côte d'Ivoire | 57,142 | 132,996 | 68% | 2024 | ||||||||
| Serbia | 55,895 | 93,846 | 68% | 2024 | ||||||||
| Cuba | 54,345 | — | 56% | 2020 | ||||||||
| Croatia | 52,723 | 81,746 | 58% | 2024 | ||||||||
| Qatar | 45,956 | 49,150 | 24% | 2022 | ||||||||
| Lithuania | 45,739 | 66,203 | 61% | 2023 | ||||||||
| Angola | 44,429 | 112,020 | 56% | 2024 | ||||||||
| 44,361 | 83,367 | 71% | 2024 | |||||||||
| Belarus | 43,146 | 147,399 | 55% | 2024 | ||||||||
| Tanzania | 41,676 | 141,807 | 59% | 2024 | ||||||||
| Azerbaijan | 41,197 | 101,095 | 57% | 2024 | ||||||||
| Tunisia | 40,703 | 115,200 | 72% | 2024 | ||||||||
| Zimbabwe | 40,443 | 34,229 | 77% | 2024 | ||||||||
| Sudan | 40,272 | 66,954 | 72% | 2024 | ||||||||
| Oman | 40,069 | 72,382 | 39% | 2023 | ||||||||
| Panama | 38,892 | 68,250 | 50% | 2023 | ||||||||
| Cameroon | 38,232 | 102,227 | 72% | 2024 | ||||||||
| Nepal | 37,051 | 119,439 | 69% | 2024 | ||||||||
| Jordan | 36,507 | 75,325 | 85% | 2021 | ||||||||
| Slovenia | 36,181 | 46,962 | 52% | 2023 | ||||||||
| Uganda | 35,548 | 88,491 | 71% | 2024 | ||||||||
| Honduras | 31,898 | 56,105 | 80% | 2024 | ||||||||
| Bolivia | 30,913 | 81,797 | 68% | 2023 | ||||||||
| Paraguay | 29,776 | 68,477 | 66% | 2024 | ||||||||
| El Salvador | 28,158 | 49,881 | 83% | 2024 | ||||||||
| Cambodia | 27,709 | 67,651 | 69% | 2024 | ||||||||
| Luxembourg | 27,630 | 24,354 | 29% | 2023 | ||||||||
| Lebanon | 27,314 | 69,226 | 87% | 2023 | ||||||||
| Syria | 27,119 | 58,444 | — | 2022 | ||||||||
| Latvia | 26,673 | 38,698 | 60% | 2023 | ||||||||
| Haiti | 25,179 | 29,384 | 102% | 2024 | ||||||||
| Georgia | 24,097 | 52,029 | 69% | 2024 | ||||||||
| Estonia | 21,582 | 24,779 | 49% | 2023 | ||||||||
| Cyprus | 21,393 | 27,486 | 65% | 2024 | ||||||||
| Senegal | 21,247 | 50,363 | 69% | 2024 | ||||||||
| Bosnia and Herzegovina | 19,558 | 36,781 | 76% | 2024 | ||||||||
| Mali | 19,112 | 54,319 | 73% | 2024 | ||||||||
| Albania | 18,909 | 28,918 | 80% | 2024 | ||||||||
| Bahrain | 17,954 | 31,428 | 40% | 2023 | ||||||||
| Armenia | 17,159 | 36,123 | 84% | 2024 | ||||||||
| Guinea | 17,082 | 38,565 | 68% | 2024 | ||||||||
| Afghanistan | 16,821 | 74,088 | 79% | 2023 | ||||||||
| Nicaragua | 15,882 | 36,802 | 72% | 2024 | ||||||||
| Moldova | 15,803 | 31,660 | 85% | 2024 | ||||||||
| Iceland | 15,508 | 11,777 | 51% | 2023 | ||||||||
| Mozambique | 15,469 | 35,631 | 69% | 2024 | ||||||||
| Libya | 15,255 | 29,003 | — | 2024 | ||||||||
| Somalia | 15,014 | 33,539 | — | 2024 | ||||||||
| Macao | 14,530 | 20,262 | 25% | 2024 | ||||||||
| Burkina Faso | 14,089 | 40,492 | 64% | 2024 | ||||||||
| Kyrgyzstan | 13,400 | 38,225 | 82% | 2023 | ||||||||
| Palestine | 13,097 | 19,530 | 90% | 2024 | ||||||||
| Zambia | 12,991 | 25,725 | 43% | 2023 | ||||||||
| Benin | 12,650 | 35,520 | 68% | 2024 | ||||||||
| Chad | 12,647 | 30,252 | 76% | 2024 | ||||||||
| Madagascar | 12,163 | 39,210 | 71% | 2024 | ||||||||
| Mongolia | 11,741 | 32,270 | 55% | 2024 | ||||||||
| Niger | 11,563 | 31,308 | 71% | 2024 | ||||||||
| Malta | 11,344 | 14,286 | 43% | 2024 | ||||||||
| North Macedonia | 11,331 | 25,574 | 65% | 2024 | ||||||||
| Tajikistan | 10,968 | 31,778 | 82% | 2023 | ||||||||
| Namibia | 10,598 | 25,342 | 73% | 2024 | ||||||||
| Mauritius | 10,262 | 20,639 | 75% | 2024 | ||||||||
| Bahamas | 10,180 | 7,876 | 69% | 2024 | ||||||||
| Kosovo | 9,395 | 18,918 | 84% | 2024 | ||||||||
| Rwanda | 9,243 | 34,508 | 73% | 2024 | ||||||||
| Botswana | 8,788 | 19,572 | 51% | 2024 | ||||||||
| Togo | 7,770 | 18,743 | 66% | 2024 | ||||||||
| Congo | 7,452 | 17,123 | 31% | 2024 | ||||||||
| Gabon | 7,023 | 12,823 | 39% | 2024 | ||||||||
| Equatorial Guinea | 6,755 | 13,261 | 58% | 2024 | ||||||||
| Sierra Leone | 6,612 | 23,583 | 99% | 2024 | ||||||||
| Montenegro | 6,155 | 11,180 | 72% | 2024 | ||||||||
| Mauritania | 5,893 | 15,755 | 57% | 2023 | ||||||||
| French Polynesia | 4,509 | — | — | 2023 | ||||||||
| Brunei | 4,407 | 9,833 | 20% | 2024 | ||||||||
| Guam | 4,140 | 3,484 | 58% | 2022 | ||||||||
| Bermuda | 4,094 | 2,617 | — | 2024 | ||||||||
| Fiji | 3,900 | 7,725 | — | 2023 | ||||||||
| Maldives | 3,388 | 4,687 | — | 2023 | ||||||||
| US Virgin Islands | 3,221 | 2,893 | 66% | 2022 | ||||||||
| Djibouti | 2,984 | 5,913 | 44% | 2024 | ||||||||
| Eswatini | 2,946 | 7,530 | 66% | 2023 | ||||||||
| Central African Republic | 2,604 | 5,643 | 86% | 2024 | ||||||||
| Gambia | 2,086 | 6,343 | 91% | 2024 | ||||||||
| Cape Verde | 2,068 | 3,417 | 62% | 2024 | ||||||||
| Burundi | 1,997 | 7,931 | 78% | 2023 | ||||||||
| Lesotho | 1,967 | 5,582 | 75% | 2023 | ||||||||
| Belize | 1,928 | 3,054 | 68% | 2023 | ||||||||
| Aruba | 1,900 | 2,110 | 61% | 2023 | ||||||||
| Bhutan | 1,794 | 5,698 | 60% | 2023 | ||||||||
| Guinea-Bissau | 1,632 | 4,039 | 100% | 2024 | ||||||||
| Seychelles | 1,616 | 2,301 | 64% | 2024 | ||||||||
| Comoros | 1,602 | 2,582 | 91% | 2024 | ||||||||
| Faroe Islands | 1,585 | 1,493 | — | 2023 | ||||||||
| East Timor | 1,457 | 2,901 | 68% | 2023 | ||||||||
| Greenland | 1,084 | 1,299 | 36% | 2023 | ||||||||
| Solomon Islands | 966.84 | 1,074 | — | 2022 | ||||||||
| Samoa | 862.64 | 1,087 | — | 2024 | ||||||||
| Vanuatu | 795.40 | 694.38 | — | 2022 | ||||||||
| Northern Mariana Islands | 726.00 | 739.50 | 47% | 2022 | ||||||||
| San Marino | 650.01 | 793.23 | 37% | 2022 | ||||||||
| American Samoa | 621.00 | 613.38 | 74% | 2022 | ||||||||
| Tonga | 547.64 | 630.48 | — | 2023 | ||||||||
| Kiribati | 273.19 | 415.88 | 77% | 2022 | ||||||||
| Palau | 198.78 | 207.69 | 69% | 2022 | ||||||||
| Marshall Islands | 183.22 | 170.13 | 74% | 2023 |
References
Sources
References
- "Household final consumption expenditure (current US$) {{!}} Data".
- "Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $)".
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