China vs United States: General government final consumption expenditure (current US$)
General government final consumption expenditure (current US$) over time
- China
- United States
How they compare
United States currently reports 3.99 trillion current US$ against 3.13 trillion current US$ in China, a difference of 862.40 billion current US$.
That makes United States's figure about 1.3 times China's.
Across all 55 years both countries report, United States has been ahead every year.
China ranks 2nd and United States ranks 1st of 187 countries.
United States has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | China | United States | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 17.56 billion current US$ | 285.94 billion current US$ | 268.38 billion current US$ | United States |
| 1980s | 36.17 billion current US$ | 665.27 billion current US$ | 629.11 billion current US$ | United States |
| 1990s | 100.12 billion current US$ | 1.13 trillion current US$ | 1.03 trillion current US$ | United States |
| 2000s | 399.49 billion current US$ | 1.92 trillion current US$ | 1.52 trillion current US$ | United States |
| 2010s | 1.74 trillion current US$ | 2.65 trillion current US$ | 907.77 billion current US$ | United States |
| 2020s | 2.99 trillion current US$ | 3.58 trillion current US$ | 587.91 billion current US$ | United States |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, China or United States?
- United States, at 3.99 trillion current US$ against 3.13 trillion current US$ in China as of 2024.
- What is the difference in general government final consumption expenditure between China and United States?
- 862.40 billion current US$, with United States ahead.
- How many years of comparable data are there for China and United States?
- 55 years are reported by both, from 1970 to 2024.
- How do China and United States rank globally for general government final consumption expenditure?
- China ranks 2nd and United States ranks 1st of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.