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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 ]
This is a list of countries by household final consumption expenditure per capita, that is, the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households during one year, divided by the country's average (or mid-year) population for the same year.
This page was last edited on 10 January 2025, at 02:47 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The United States is the world's largest producer of petroleum and natural gas. [60] In 2016, it was the world's largest trading country [61] and second largest manufacturer, with American manufacturing making up a fifth of the global total. [62] The U.S. not only has the largest internal market for goods, but also dominates the services trade.
Some analysts, including an anonymous columnist at The Economist stated in 2014 and early 2015 that China was likely to become a consumer economy. They regarded it as the second biggest consumer. [17] [18] [19] After 10 years of development in China, the growth rate of consumption level of rural residents has gradually surpassed that of urban ...
The United States is already the world's largest producer of crude oil, accounting for around 12% of total supply. It's also a major exporter, with some 4 million barrels a day. But it faces ...
In 2012, China surpassed Japan as the world's largest luxury market. [2] According to a report by McKinsey in 2019, Chinese consumers are the engine of worldwide growth in luxury spending [3] According to a report by Bain in 2021, China's luxury spending is expected to reach more than half the global market value of luxury goods by 2025. [4]
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