High income vs United States of America: General government final consumption expenditure
General government final consumption expenditure over time
- High income
- United States of America
How they compare
High income currently reports 12.62 trillion current US$ against 3.99 trillion current US$ in United States of America, a difference of 8.63 trillion current US$.
That makes High income's figure about 3.2 times United States of America's.
Across all 55 years both countries report, High income has been ahead every year.
High income ranks 2nd and United States of America ranks 1st of 43 groups.
High income has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | High income | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 839.75 billion current US$ | 285.94 billion current US$ | 553.81 billion current US$ | High income |
| 1980s | 2.11 trillion current US$ | 665.27 billion current US$ | 1.45 trillion current US$ | High income |
| 1990s | 4.12 trillion current US$ | 1.13 trillion current US$ | 2.98 trillion current US$ | High income |
| 2000s | 6.56 trillion current US$ | 1.92 trillion current US$ | 4.64 trillion current US$ | High income |
| 2010s | 9.40 trillion current US$ | 2.65 trillion current US$ | 6.75 trillion current US$ | High income |
| 2020s | 11.61 trillion current US$ | 3.58 trillion current US$ | 8.04 trillion current US$ | High income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, High income or United States of America?
- High income, at 12.62 trillion current US$ against 3.99 trillion current US$ in United States of America as of 2024.
- What is the difference in general government final consumption expenditure between High income and United States of America?
- 8.63 trillion current US$, with High income ahead.
- How many years of comparable data are there for High income and United States of America?
- 55 years are reported by both, from 1970 to 2024.
- How do High income and United States of America rank globally for general government final consumption expenditure?
- High income ranks 2nd and United States of America ranks 1st of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current US$). 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.