United Kingdom of Great Britain and Northern Ireland vs United States of America: Final consumption expenditure
Final consumption expenditure over time
- United Kingdom of Great Britain and Northern Ireland
- United States of America
How they compare
United States of America currently reports 23.89 trillion current US$ against 3.27 trillion current US$ in United Kingdom of Great Britain and Northern Ireland, a difference of 20.62 trillion current US$.
That makes United States of America's figure about 7.3 times United Kingdom of Great Britain and Northern Ireland's.
Across all 55 years both countries report, United States of America has been ahead every year.
United Kingdom of Great Britain and Northern Ireland ranks 4th and United States of America ranks 1st of 187 countries.
United States of America has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | United Kingdom of Great Britain and Northern Ireland | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 204.11 billion current US$ | 1.32 trillion current US$ | 1.12 trillion current US$ | United States of America |
| 1980s | 536.96 billion current US$ | 3.28 trillion current US$ | 2.74 trillion current US$ | United States of America |
| 1990s | 1.12 trillion current US$ | 6.04 trillion current US$ | 4.92 trillion current US$ | United States of America |
| 2000s | 1.95 trillion current US$ | 10.41 trillion current US$ | 8.46 trillion current US$ | United States of America |
| 2010s | 2.33 trillion current US$ | 14.84 trillion current US$ | 12.52 trillion current US$ | United States of America |
| 2020s | 2.65 trillion current US$ | 20.93 trillion current US$ | 18.27 trillion current US$ | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, United Kingdom of Great Britain and Northern Ireland or United States of America?
- United States of America, at 23.89 trillion current US$ against 3.27 trillion current US$ in United Kingdom of Great Britain and Northern Ireland as of 2024.
- What is the difference in final consumption expenditure between United Kingdom of Great Britain and Northern Ireland and United States of America?
- 20.62 trillion current US$, with United States of America ahead.
- How many years of comparable data are there for United Kingdom of Great Britain and Northern Ireland and United States of America?
- 55 years are reported by both, from 1970 to 2024.
- How do United Kingdom of Great Britain and Northern Ireland and United States of America rank globally for final consumption expenditure?
- United Kingdom of Great Britain and Northern Ireland ranks 4th and United States of America ranks 1st of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Final consumption expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.