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 in nominal terms.[1]



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Country HFCE
(millions of USD, nominal)
% of GDP Year
 United States[2] 13,321,407 68% 2017
 European Union 9,613,986 56% 2017
 China 5,634,823 43% 2017
 Japan 2,756,598 56% 2017
 Germany 1,952,625 53% 2017
 United Kingdom 1,724,051 66% 2017
 India 1,528,691 59% 2017
 France 1,396,436 54% 2017
 Brazil 1,303,885 63% 2017
 Italy 1,181,424 61% 2017
 Canada 954,788 58% 2017
 Russia 826,390 52% 2017
 Spain 756,975 58% 2017
 Mexico 753,475 65% 2017
 Australia 752,261 57% 2017
 South Korea 736,214 48% 2017
 Indonesia 581,992 57% 2017
 Turkey 503,264 59% 2017
 Argentina 417,440 65% 2017
  Switzerland 364,361 54% 2017
 Netherlands 362,757 44% 2017
 Nigeria 330,043 82% 2017
 Poland 306,941 58% 2017
 Saudi Arabia 283,604 44% 2017
 Belgium 252,480 51% 2017
 Pakistan 249,947 82% 2017
 Sweden 237,108 43% 2017
 Philippines 229,746 73% 2017
 Hong Kong 228,733 68% 2017
 Iran 224,310 51% 2017
 Austria 217,148 52% 2017
 South Africa 207,648 59% 2017
 Thailand 206,260 55% 2017
 Egypt 204,351 87% 2017
 Colombia 194,387 63% 2017
 Norway 178,583 45% 2017
 Israel 175,031 54% 2017
 Malaysia 174,080 55% 2017
 Chile 172,548 62% 2017
 Bangladesh 171,497 69% 2017
 Denmark 152,544 47% 2017
 Vietnam 152,246 68% 2017
 Portugal 141,575 65% 2017
 Greece 138,942 69% 2017
 Finland 137,500 55% 2017
 Peru 135,284 64% 2017
 United Arab Emirates 133,570 35% 2017
 Romania 132,522 63% 2017
 Iraq 119,746 61% 2017
 Singapore 115,446 36% 2017
 New Zealand 108,344 57% 2017
 Ireland 105,646 32% 2017
 Czech Republic 102,167 47% 2017
 Angola 93,189 75% 2017
 Sudan 86,144 73% 2017
 Algeria 85,074 50% 2017
 Cuba 83,013 65% 2009
 Kazakhstan 74,878 54% 2017
 Ukraine 73,091 65% 2017
 Hungary 68,967 50% 2017
 Guatemala 65,259 86% 2017
 Morocco 64,304 59% 2017
 Ecuador 62,586 64% 2017
 Puerto Rico 61,181 58% 2016
 Kenya 60,189 80% 2017
 Sri Lanka 54,201 69% 2017
 Dominican Republic 52,587 69% 2017
 Slovakia 52,390 55% 2017
 Ethiopia 51,174 64% 2017
 Kuwait 50,213 45% 2017
 Lebanon 45,436 88% 2017
 Ghana 39,984 85% 2017
 Qatar 39,288 26% 2017
 Syria 37,363 69% 2009
 Uruguay 37,517 67% 2017
 Costa Rica 36,501 64% 2017
 Bulgaria 34,990 62% 2017
 Jordan 32,441 81% 2017
 Myanmar 32,254 51% 2017
 Croatia 31,616 58% 2017
 Lithuania 30,201 64% 2017
 Tunisia 29,938 71% 2017
 Belarus 29,881 55% 2017
 Serbia 29,786 72% 2017
 Tanzania 29,428 62% 2017
 Democratic Republic of the Congo 28,870 78% 2017
 Uzbekistan 28,695 59% 2017
 Panama 28,980 50% 2016
 Slovenia 25,743 53% 2017
 Côte d'Ivoire 25,511 63% 2017
 Bolivia 25,376 68% 2017
 Cameroon 24,342 70% 2017
 Azerbaijan 23,475 58% 2017
 Oman 23,032 33% 2015
 Libya 21,510 37% 2009
 El Salvador 20,976 85% 2017
 Paraguay 20,716 70% 2017
 Yemen 19,644 108% 2016
 Uganda 19,530 75% 2017
   Nepal 19,094 78% 2017
 Luxembourg 18,848 30% 2017
 Latvia 18,680 62% 2017
 Honduras 17,847 77% 2017
 Afghanistan 16,364 84% 2016
 Cambodia 15,906 72% 2017
 Bahrain 14,491 45% 2016
 Cyprus 13,908 69% 2016
 Bosnia and Herzegovina 13,787 76% 2017
 Estonia 13,291 51% 2017
 Palestine 12,845 88% 2017
 Mali 12,404 81% 2017
 Zimbabwe 12,291 69% 2017
 Macao 12,212 24% 2017
 Iceland 12,055 50% 2017
 Senegal 11,796 72% 2017
 Jamaica 11,444 77% 2017
 Trinidad and Tobago 11,100 53% 2009
 Laos 10,989 65% 2017
 Zambia 10,771 51% 2016
 Albania 10,430 80% 2017
 Somalia 10,008 135% 2017
 Mauritius 9,899 74% 2017
 Nicaragua 9,662 70% 2017
 Georgia 9,518 63% 2017
 Namibia 9,094 68% 2017
 Madagascar 8,947 77% 2017
 Armenia 8,916 77% 2017
 Mozambique 8,592 70% 2017
 Bahamas 8,272 68% 2017
 Chad 7,997 80% 2017
 Guinea 7,675 73% 2017
 Macedonia 7,541 66% 2017
 Botswana 7,442 48% 2016
 Haiti 7,399 88% 2017
 Burkina Faso 7,268 59% 2017
 Moldova 6,978 86% 2017
 Rwanda 6,937 76% 2017
 Benin 6,844 74% 2017
 Kyrgyzstan 6,137 81% 2017
 Kosovo 5,998 84% 2017
 Equatorial Guinea 5,717 46% 2017
 Gabon 5,667 41% 2016
 Mongolia 5,650 49% 2017
 New Caledonia 5,559 60% 2009
 Niger 5,496 68% 2017
 Tajikistan 5,481 79% 2016
 Malta 5,317 47% 2016
 Turkmenistan 5,302 15% 2012
 Papua New Guinea 5,252 62% 2009
 French Polynesia 4,640 102% 2009
 Malawi 4,339 89% 2009
 Barbados 3,965 83% 2017
 Togo 3,783 79% 2017
 Montenegro 3,638 75% 2017
 Sierra Leone 3,631 102% 2016
 Congo 3,562 41% 2017
 Monaco 3,564 58% 2009
 Bermuda 3,047 55% 2013
 Liberia 3,001 143% 2016
 Fiji 2,878 62% 2016
 Liechtenstein 2,799 58% 2009
 Swaziland 2,773 75% 2016
 Burundi 2,626 87% 2016
 Brunei 2,483 20% 2017
 Guyana 2,374 65% 2017
 Mauritania 2,229 45% 2017
 Andorra 2,118 57% 2009
 South Sudan 2,049 71% 2016
 Eritrea 2,027 78% 2011
 Cayman Islands 1,950 63% 2009
 Central African Republic 1,824 94% 2017
 Lesotho 1,776 78% 2016
 Bhutan 1,456 58% 2017
 Aruba 1,450 55% 2009
 Belize 1,339 73% 2017
 Suriname 1,273 38% 2017
 Cape Verde 1,201 68% 2017
 Guinea-Bissau 1,137 84% 2017
 Djibouti 1,055 57% 2017
 Greenland 1,054 39% 2016
 East Timor 1,005 40% 2016
 Gambia 920 91% 2017
 Saint Lucia 665 70% 2009
 Grenada 645 101% 2009
 San Marino 630 37% 2009
 Micronesia, Federated States of 629 76% 2009
 Comoros 535 101% 2009
 Seychelles 530 67% 2009
 Solomon Islands 528 74% 2009
 British Virgin Islands 485 37% 2009
 Samoa 484 93% 2009
 Zanzibar 451 68% 2009
 Vanuatu 397 62% 2009
 Tonga 338 100% 2009
 Maldives 315 25% 2009
 Dominica 301 80% 2009
 Palau 194 65% 2016
 Anguilla 175 81% 2009
 Marshall Islands 155 91% 2009
 Kiribati 117 90% 2009
 Cook Islands 84 43% 2009
 Nauru 54 100% 2009
 Montserrat 45 85% 2009
 Tuvalu 29 101% 2009
World 43,799,056 58% 2017

See also[edit]

References[edit]

  1. ^ "Household final consumption expenditure (current US$) | Data". data.worldbank.org. Retrieved 2018-04-07.
  2. ^ "Personal Consumption Expenditures". 2018-07-27.

Sources[edit]