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] 13,998,666 68% 2018
 European Union 8,300,055 54% 2019
 China 5,352,545 39% 2018
 Japan 2,756,919 56% 2018
 Germany 2,009,905 52% 2019
 United Kingdom 1,835,014 65% 2019
 India 1,731,911 60% 2019
 France 1,458,962 54% 2019
 Italy 1,203,887 60% 2019
 Brazil 1,194,670 65% 2019
 Canada 1,003,438 58% 2019
 Russia 856,329 50% 2019
 Mexico 753,475 65% 2019
 Spain 802,985 58% 2019
 South Korea 797,805 49% 2019
 Australia 773,698 56% 2019
 Indonesia 648,924 58% 2019
 Turkey 433,021 57% 2019
 Netherlands 397,259 44% 2019
  Switzerland 373,548 53% 2019
 Poland 339,308 57% 2019
 Saudi Arabia 308,752 39% 2019
 Nigeria 304,975 77% 2018
 Argentina 289,462 64% 2019
 Philippines 275,855 73% 2019
 Belgium 272,218 51% 2019
 Thailand 272,105 50% 2019
 Hong Kong 250,881 69% 2019
 Sweden 240,759 45% 2019
 Pakistan 230,514 83% 2019
 Austria 230,241 52% 2019
 Colombia 221,895 69% 2019
 Malaysia 218,057 60% 2019
 Egypt 214,381 85% 2018
 Iran 212,093 48% 2017
 South Africa 211,693 60% 2019
 Bangladesh 208,699 69% 2019
 Israel 202,887 55% 2018
 Norway 180,832 45% 2019
 Vietnam 178,531 68% 2019
 Chile 177,850 63% 2019
 United Arab Emirates 163,876 39% 2019
 Denmark 161,928 47% 2019
 Romania 159,034 64% 2019
 Portugal 152,462 64% 2019
 Iraq 146,808 63% 2019
 Peru 146,529 65% 2019
 Greece 142,649 68% 2019
 Finland 141,340 53% 2019
 Singapore 133,929 36% 2019
 New Zealand 119,491 57% 2018
 Ireland 118,252 30% 2019
 Czech Republic 116,850 47% 2019
 Ukraine 115,825 75% 2019
 Kazakhstan 94,443 52% 2019
 Kenya 78,786 82% 2019
 Hungary 77,780 48% 2019
 Algeria 74,738 44% 2019
 Morocco 68,985 58% 2019
 Ethiopia 65,875 69% 2019
 Guatemala 65,114 85% 2019
 Ecuador 64,999 61% 2019
 Puerto Rico 64,276 64% 2018
 Dominican Republic 61,884 70% 2019
 Slovakia 59,134 56% 2019
 Sri Lanka 58,216 69% 2019
 Angola 57,124 56% 2018
 Cuba 55,987 56% 2018
 Kuwait 55,109 45% 2018
 Lebanon 46,275 87% 2019
 Ghana 46,241 69% 2019
 Qatar 43,135 24% 2019
 Bulgaria 40,443 60% 2019
 Côte d'Ivoire 39,914 68% 2019
 Myanmar 39,688 52% 2018
 Costa Rica 39,111 63% 2019
 Uruguay 37,225 66% 2019
 Jordan 35,989 85% 2018
 Croatia 35,108 58% 2019
 Serbia 35,023 68% 2019
 Belarus 34,734 55% 2019
 Democratic Republic of the Congo 33,525 71% 2019
 Lithuania 32,921 61% 2019
 Tanzania 31,696 59% 2017
 Uzbekistan 31,528 54% 2019
 Panama 31,335 50% 2017
 Oman 29,685 39% 2019
 Tunisia 28,757 72% 2018
 Bolivia 27,991 68% 2019
 Cameroon 27,906 72% 2019
 Slovenia 27,789 52% 2019
 Azerbaijan 27,251 57% 2019
 Paraguay 25,034 66% 2019
 Uganda 24,373 71% 2019
 El Salvador 22,437 83% 2019
   Nepal 21,284 69% 2019
 Luxembourg 20,968 29% 2019
 Latvia 20,356 60% 2019
 Honduras 20,163 80% 2019
 Cambodia 18,804 69% 2019
 Zimbabwe 18,729 77% 2018
 Senegal 16,153 69% 2019
 Cyprus 15,939 65% 2019
 Estonia 15,293 49% 2019
 Bosnia and Herzegovina 15,283 76% 2019
 Afghanistan 15,051 79% 2019
 Bahrain 14,907 40% 2018
 Macao 13,657 25% 2019
 Sudan 13,653 72% 2019
 Palestine 13,110 90% 2018
 Mali 12,706 73% 2019
 Jamaica 12,558 76% 2019
 Georgia 12,290 69% 2019
 Iceland 12,289 51% 2019
 Albania 12,263 80% 2019
 Zambia 11,675 43% 2018
 Armenia 11,549 84% 2019
 Mauritius 10,666 75% 2019
 Laos 10,383 66% 2016
 Mozambique 10,346 69% 2019
 Burkina Faso 10,124 64% 2019
 Moldova 10,124 85% 2019
 Madagascar 9,942 71% 2019
 Benin 9,850 68% 2019
 Botswana 9,399 51% 2019
 Guinea 9,309 68% 2019
 Niger 9,122 71% 2019
 Namibia 9,052 73% 2019
 Nicaragua 9,025 72% 2019
 Haiti 8,631 102% 2019
 Chad 8,609 76% 2019
 Bahamas 8,568 69% 2018
 North Macedonia 8,224 65% 2019
 Mongolia 7,668 55% 2019
 Rwanda 7,421 73% 2019
 Kyrgyzstan 6,937 82% 2019
 Kosovo 6,697 84% 2019
 Gabon 6,433 39% 2019
 Equatorial Guinea 6,379 58% 2019
 Malta 6,286 43% 2019
 Malawi 6,073 79% 2019
 Tajikistan 5,897 82% 2017
 Mauritania 4,306 57% 2019
 Barbados 4,082 78% 2019
 Sierra Leone 4,043 99% 2018
 Montenegro 3,950 72% 2019
 Liberia 3,915 128% 2019
 Togo 3,590 66% 2019
 Guam 3,455 58% 2018
 Congo 3,351 31% 2019
 Eswatini 3,132 66% 2018
 Brunei 2,755 20% 2019
 US Virgin Islands 2,527 66% 2017
 Guyana 2,495 58% 2019
 Burundi 2,336 78% 2016
 Central African Republic 1,916 86% 2019
 Aruba 1,858 61% 2017
 Lesotho 1,836 75% 2019
 Gambia 1,603 91% 2019
 Bhutan 1,480 60% 2018
 Djibouti 1,473 44% 2019
 Guinea-Bissau 1,346 100% 2019
 Belize 1,287 68% 2019
 Cape Verde 1,220 62% 2019
 Greenland 1,105 36% 2018
 Seychelles 1,085 64% 2019
 Comoros 1,076 91% 2018
 East Timor 1,063 68% 2018
 Northern Mariana Islands 616 47% 2018
 San Marino 570 37% 2017
 American Samoa 472 74% 2018
 Saint Kitts and Nevis 450 43% 2019
 Palau 197 69% 2018
 Marshall Islands 163 74% 2018
 Kiribati 151 77% 2018
World 48,793,177 58% 2018

See also[edit]

References[edit]

  1. ^ "Household final consumption expenditure (current US$) | Data". data.worldbank.org. Retrieved 7 April 2018.
  2. ^ "Personal Consumption Expenditures". 27 July 2018. Cite journal requires |journal= (help)

Sources[edit]