United States of America vs World: General government final consumption expenditure
General government final consumption expenditure over time
- United States of America
- World
How they compare
World currently reports 15.31 trillion constant 2015 US$ against 3.03 trillion constant 2015 US$ in United States of America, a difference of 12.28 trillion constant 2015 US$.
That makes World's figure about 5.1 times United States of America's.
Across all 55 years both countries report, World has been ahead every year.
United States of America ranks 1st and World ranks 1st of 168 countries.
World has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | United States of America | World | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.42 trillion constant 2015 US$ | 5.34 trillion constant 2015 US$ | 3.92 trillion constant 2015 US$ | World |
| 1980s | 1.72 trillion constant 2015 US$ | 6.95 trillion constant 2015 US$ | 5.23 trillion constant 2015 US$ | World |
| 1990s | 2.08 trillion constant 2015 US$ | 8.59 trillion constant 2015 US$ | 6.51 trillion constant 2015 US$ | World |
| 2000s | 2.49 trillion constant 2015 US$ | 10.63 trillion constant 2015 US$ | 8.14 trillion constant 2015 US$ | World |
| 2010s | 2.66 trillion constant 2015 US$ | 12.69 trillion constant 2015 US$ | 10.03 trillion constant 2015 US$ | World |
| 2020s | 2.92 trillion constant 2015 US$ | 14.62 trillion constant 2015 US$ | 11.70 trillion constant 2015 US$ | World |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, United States of America or World?
- World, at 15.31 trillion constant 2015 US$ against 3.03 trillion constant 2015 US$ in United States of America as of 2024.
- What is the difference in general government final consumption expenditure between United States of America and World?
- 12.28 trillion constant 2015 US$, with World ahead.
- How many years of comparable data are there for United States of America and World?
- 55 years are reported by both, from 1970 to 2024.
- How do United States of America and World rank globally for general government final consumption expenditure?
- United States of America ranks 1st and World ranks 1st of 168 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.