5 Countries with the Highest Consumer Spending in the World

2. People’s Republic of China

Final Consumption Expenditure in 2022: $9.5 trillion

The People’s Republic of China, or just China, is the world’s second most populous country and the second biggest economy in nominal terms. The fact that its consumption expenditure sits at $9.5 trillion is unsurprising given that the Chinese economy is worth a whopping $18.5 trillion. However, the sharp difference between the two figures also shows the extent of state involvement in the Chinese economy, which is unsurprising given how major sectors such as engineering are often dominated by the government.