Argentina: Households and NPISHs Final consumption expenditure, PPP (current international $)

Key figures

What the numbers say

In 2021, Argentina's households and NPISHs Final consumption expenditure, PPP (current international $) rose 13.6% on 2020 (from 595.95 billion to 676.88 billion).

Across the 9 yearly changes before that (2012 to 2020), the average change was +3.9% and a typical year strayed about 11.7% from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 31% in 2017 and the biggest yearly fall was 8.2% in 2019. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 the straight-line trend is upward, about 26.68 billion a year. A straight line explains 71% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2021, Argentina had the 1st highest value of the 10 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Argentina in the 2021 ranking

• Puerto Rico (US) — 2nd of 10: 89.03 billion
• Congo, Dem. Rep. — 3rd of 10: 65.54 billion
• Zimbabwe — 4th of 10: 53.46 billion

What this measures

This indicator provides values for final consumption expenditure expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 11 values

Households and NPISHs Final consumption expenditure, PPP (current international $) in nearby economies

• Aruba — 2.11 billion (2021)
• Bahamas, The — 9.2 billion (2024)
• Belize — 3.73 billion (2024)
• Bolivia — 113.84 billion (2024)
• Brazil — 3.13 trillion (2025)
• Chile — 396.23 billion (2025)
• Colombia — 814.7 billion (2025)
• Costa Rica — 105.42 billion (2025)

More economic policy & debt data for Argentina

• Total reserves, including gold (current US$) — US$41 billion (2025)
• Total reserves, excluding gold (current US$) — US$32.33 billion (2025)
• Final consumption expenditure (current US$) — US$580.02 billion (2025)
• Final consumption expenditure (current LCU) — 719.72 trillion (2025)
• Final consumption expenditure (constant 2015 US$) — US$522.52 billion (2025)
• Final consumption expenditure (constant LCU) — 646.27 billion (2025)
• Final consumption expenditure (% of GDP) — 84.91% (2025)
• Gross national expenditure deflator (base year varies by country) — 107,789 (2025)
• Gross national expenditure (current US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Argentina's households and NPISHs Final consumption expenditure, PPP (current international $)?

676.88 billion in 2021, according to the World Bank (World Development Indicators).

How has it changed since 2011?

It is up 52.91% from 442.68 billion in 2011 (4.34% a year on average, compounded). The highest value was 700.51 billion in 2018 and the lowest 442.68 billion in 2011.

How does Argentina rank?

1st highest of 10 economies with data for 2021.

Source

World Bank, World Development Indicators, indicator NE.CON.PRVT.PP.CD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Progr… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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