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. [1] [2] 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.
Country | HFCE (millions of USD) | % of GDP [ citation needed ] | Year | |
---|---|---|---|---|
Nominal [1] | 2021 PPP [2] | |||
World | 60,347,337 | 88,594,034 | 58% | 2023 |
![]() | 9,592,485 | 11,246,482 | 51% | 2023 |
![]() | 19,825,338 | 17,492,831 | 69% | 2024 |
![]() | 7,229,260 | 12,492,677 | 38% | 2023 |
![]() | 2,405,796 | 9,019,567 | 60% | 2024 |
![]() | 2,365,528 | 2,761,237 | 55% | 2022 |
![]() | 2,259,530 | 2,480,275 | 51% | 2023 |
![]() | 2,155,988 | 2,184,329 | 62% | 2023 |
![]() | 2,064,938 | 1,960,294 | 62% | 2023 |
![]() | 1,389,862 | 2,542,830 | 63% | 2024 |
![]() | 1,342,801 | 1,566,910 | 59% | 2023 |
![]() | 1,302,382 | 1,828,035 | 69% | 2024 |
![]() | 1,181,871 | 1,172,725 | 56% | 2023 |
![]() | 1,073,210 | 2,938,894 | 53% | 2024 |
![]() | 897,961 | 790,078 | 50% | 2024 |
![]() | 879,143 | 1,118,776 | 58% | 2023 |
![]() | 838,028 | 1,054,547 | 49% | 2023 |
![]() | 786,594 | 1,824,831 | 58% | 2024 |
![]() | 773,553 | 2,042,153 | 53% | 2024 |
![]() | 556,685 | 939,714 | 37% | 2024 |
![]() | 526,536 | 848,857 | 58% | 2024 |
![]() | 486,434 | 482,624 | 41% | 2023 |
![]() | 456,705 | 315,224 | 51% | 2023 |
![]() | 431,270 | 716,218 | 62% | 2024 |
![]() | 351,500 | 843,833 | 75% | 2024 |
![]() | 340,743 | 1,544,873 | 85% | 2024 |
![]() | 324,705 | 332,514 | 50% | 2023 |
![]() | 317,998 | 1,278,949 | 85% | 2024 |
![]() | 315,690 | 965,487 | 69% | 2024 |
![]() | 306,481 | 855,305 | 53% | 2024 |
![]() | 306,122 | 633,333 | 75% | 2024 |
![]() | 274,239 | 303,028 | 70% | 2024 |
![]() | 267,095 | 282,849 | 50% | 2023 |
![]() | 259,561 | 533,101 | 60% | 2024 |
![]() | 256,509 | 707,414 | 60% | 2024 |
![]() | 256,062 | 264,518 | 43% | 2023 |
![]() | 245,632 | 204,257 | 55% | 2023 |
![]() | 242,994 | 441,000 | 64% | 2024 |
![]() | 235,637 | 700,042 | 68% | 2023 |
![]() | 234,510 | 311,254 | 39% | 2023 |
![]() | 220,580 | 696,205 | 48% | 2024 |
![]() | 191,906 | 301,434 | 63% | 2024 |
![]() | 185,088 | 158,666 | 47% | 2023 |
![]() | 182,146 | 172,230 | 45% | 2023 |
![]() | 179,660 | 240,363 | 64% | 2023 |
![]() | 178,072 | 296,875 | 65% | 2024 |
![]() | 172,365 | 191,730 | 36% | 2024 |
![]() | 162,900 | 223,946 | 68% | 2023 |
![]() | 157,498 | 150,730 | 53% | 2023 |
![]() | 150,986 | 180,200 | 47% | 2023 |
![]() | 147,584 | 124,829 | 30% | 2023 |
![]() | 143,490 | 136,311 | 57% | 2022 |
![]() | 134,701 | 324,309 | 52% | 2023 |
![]() | 118,960 | 350,896 | 75% | 2024 |
![]() | 115,265 | 231,993 | 63% | 2024 |
![]() | 105,154 | 165,065 | 48% | 2023 |
![]() | 101,009 | 291,999 | 44% | 2023 |
![]() | 99,589 | 191,968 | 85% | 2024 |
![]() | 98,127 | 290,926 | 69% | 2022 |
![]() | 95,626 | 97,959 | 64% | 2024 |
![]() | 94,677 | 200,258 | 58% | 2024 |
![]() | 94,000 | 243,684 | 82% | 2024 |
![]() | 84,192 | 180,931 | 70% | 2024 |
![]() | 80,881 | 153,969 | 61% | 2024 |
![]() | 78,259 | 102,493 | 56% | 2023 |
![]() | 78,122 | 237,943 | 54% | 2024 |
![]() | 69,626 | 177,544 | 69% | 2024 |
![]() | 67,994 | 190,910 | 69% | 2024 |
![]() | 64,678 | 118,049 | 60% | 2024 |
![]() | 60,948 | 78,692 | 63% | 2024 |
![]() | 59,789 | 91,787 | 45% | 2022 |
![]() | 57,142 | 132,996 | 68% | 2024 |
![]() | 55,895 | 93,846 | 68% | 2024 |
![]() | 54,345 | — | 56% | 2020 |
![]() | 52,723 | 81,746 | 58% | 2024 |
![]() | 45,956 | 49,150 | 24% | 2022 |
![]() | 45,739 | 66,203 | 61% | 2023 |
![]() | 44,429 | 112,020 | 56% | 2024 |
![]() | 44,361 | 83,367 | 71% | 2024 |
![]() | 43,146 | 147,399 | 55% | 2024 |
![]() | 41,676 | 141,807 | 59% | 2024 |
![]() | 41,197 | 101,095 | 57% | 2024 |
![]() | 40,703 | 115,200 | 72% | 2024 |
![]() | 40,443 | 34,229 | 77% | 2024 |
![]() | 40,272 | 66,954 | 72% | 2024 |
![]() | 40,069 | 72,382 | 39% | 2023 |
![]() | 38,892 | 68,250 | 50% | 2023 |
![]() | 38,232 | 102,227 | 72% | 2024 |
![]() | 37,051 | 119,439 | 69% | 2024 |
![]() | 36,507 | 75,325 | 85% | 2021 |
![]() | 36,181 | 46,962 | 52% | 2023 |
![]() | 35,548 | 88,491 | 71% | 2024 |
![]() | 31,898 | 56,105 | 80% | 2024 |
![]() | 30,913 | 81,797 | 68% | 2023 |
![]() | 29,776 | 68,477 | 66% | 2024 |
![]() | 28,158 | 49,881 | 83% | 2024 |
![]() | 27,709 | 67,651 | 69% | 2024 |
![]() | 27,630 | 24,354 | 29% | 2023 |
![]() | 27,314 | 69,226 | 87% | 2023 |
![]() | 27,119 | 58,444 | — | 2022 |
![]() | 26,673 | 38,698 | 60% | 2023 |
![]() | 25,179 | 29,384 | 102% | 2024 |
![]() | 24,097 | 52,029 | 69% | 2024 |
![]() | 21,582 | 24,779 | 49% | 2023 |
![]() | 21,393 | 27,486 | 65% | 2024 |
![]() | 21,247 | 50,363 | 69% | 2024 |
![]() | 19,558 | 36,781 | 76% | 2024 |
![]() | 19,112 | 54,319 | 73% | 2024 |
![]() | 18,909 | 28,918 | 80% | 2024 |
![]() | 17,954 | 31,428 | 40% | 2023 |
![]() | 17,159 | 36,123 | 84% | 2024 |
![]() | 17,082 | 38,565 | 68% | 2024 |
![]() | 16,821 | 74,088 | 79% | 2023 |
![]() | 15,882 | 36,802 | 72% | 2024 |
![]() | 15,803 | 31,660 | 85% | 2024 |
![]() | 15,508 | 11,777 | 51% | 2023 |
![]() | 15,469 | 35,631 | 69% | 2024 |
![]() | 15,255 | 29,003 | — | 2024 |
![]() | 15,014 | 33,539 | — | 2024 |
![]() | 14,530 | 20,262 | 25% | 2024 |
![]() | 14,089 | 40,492 | 64% | 2024 |
![]() | 13,400 | 38,225 | 82% | 2023 |
![]() | 13,097 | 19,530 | 90% | 2024 |
![]() | 12,991 | 25,725 | 43% | 2023 |
![]() | 12,650 | 35,520 | 68% | 2024 |
![]() | 12,647 | 30,252 | 76% | 2024 |
![]() | 12,163 | 39,210 | 71% | 2024 |
![]() | 11,741 | 32,270 | 55% | 2024 |
![]() | 11,563 | 31,308 | 71% | 2024 |
![]() | 11,344 | 14,286 | 43% | 2024 |
![]() | 11,331 | 25,574 | 65% | 2024 |
![]() | 10,968 | 31,778 | 82% | 2023 |
![]() | 10,598 | 25,342 | 73% | 2024 |
![]() | 10,262 | 20,639 | 75% | 2024 |
![]() | 10,180 | 7,876 | 69% | 2024 |
![]() | 9,395 | 18,918 | 84% | 2024 |
![]() | 9,243 | 34,508 | 73% | 2024 |
![]() | 8,788 | 19,572 | 51% | 2024 |
![]() | 7,770 | 18,743 | 66% | 2024 |
![]() | 7,452 | 17,123 | 31% | 2024 |
![]() | 7,023 | 12,823 | 39% | 2024 |
![]() | 6,755 | 13,261 | 58% | 2024 |
![]() | 6,612 | 23,583 | 99% | 2024 |
![]() | 6,155 | 11,180 | 72% | 2024 |
![]() | 5,893 | 15,755 | 57% | 2023 |
![]() | 4,509 | — | — | 2023 |
![]() | 4,407 | 9,833 | 20% | 2024 |
![]() | 4,140 | 3,484 | 58% | 2022 |
![]() | 4,094 | 2,617 | — | 2024 |
![]() | 3,900 | 7,725 | — | 2023 |
![]() | 3,388 | 4,687 | — | 2023 |
![]() | 3,221 | 2,893 | 66% | 2022 |
![]() | 2,984 | 5,913 | 44% | 2024 |
![]() | 2,946 | 7,530 | 66% | 2023 |
![]() | 2,604 | 5,643 | 86% | 2024 |
![]() | 2,086 | 6,343 | 91% | 2024 |
![]() | 2,068 | 3,417 | 62% | 2024 |
![]() | 1,997 | 7,931 | 78% | 2023 |
![]() | 1,967 | 5,582 | 75% | 2023 |
![]() | 1,928 | 3,054 | 68% | 2023 |
![]() | 1,900 | 2,110 | 61% | 2023 |
![]() | 1,794 | 5,698 | 60% | 2023 |
![]() | 1,632 | 4,039 | 100% | 2024 |
![]() | 1,616 | 2,301 | 64% | 2024 |
![]() | 1,602 | 2,582 | 91% | 2024 |
![]() | 1,585 | 1,493 | — | 2023 |
![]() | 1,457 | 2,901 | 68% | 2023 |
![]() | 1,084 | 1,299 | 36% | 2023 |
![]() | 966.84 | 1,074 | — | 2022 |
![]() | 862.64 | 1,087 | — | 2024 |
![]() | 795.40 | 694.38 | — | 2022 |
![]() | 726.00 | 739.50 | 47% | 2022 |
![]() | 650.01 | 793.23 | 37% | 2022 |
![]() | 621.00 | 613.38 | 74% | 2022 |
![]() | 547.64 | 630.48 | — | 2023 |
![]() | 273.19 | 415.88 | 77% | 2022 |
![]() | 198.78 | 207.69 | 69% | 2022 |
![]() | 183.22 | 170.13 | 74% | 2023 |