United States of America vs World: Households and NPISHs Final consumption expenditure, PPP
Households and NPISHs Final consumption expenditure, PPP over time
- United States of America
- World
How they compare
World currently reports 92.00 trillion constant 2021 international $ against 17.53 trillion constant 2021 international $ in United States of America, a difference of 74.47 trillion constant 2021 international $.
That makes World's figure about 5.2 times United States of America's.
Across all 35 years both countries report, World has been ahead every year.
United States of America ranks 1st and World ranks 1st of 170 countries.
World has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | United States of America | World | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.97 trillion constant 2021 international $ | 34.78 trillion constant 2021 international $ | 26.81 trillion constant 2021 international $ | World |
| 2000s | 11.31 trillion constant 2021 international $ | 49.24 trillion constant 2021 international $ | 37.93 trillion constant 2021 international $ | World |
| 2010s | 13.64 trillion constant 2021 international $ | 68.52 trillion constant 2021 international $ | 54.88 trillion constant 2021 international $ | World |
| 2020s | 16.42 trillion constant 2021 international $ | 84.75 trillion constant 2021 international $ | 68.33 trillion constant 2021 international $ | World |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure, ppp, United States of America or World?
- World, at 92.00 trillion constant 2021 international $ against 17.53 trillion constant 2021 international $ in United States of America as of 2024.
- What is the difference in households and npishs final consumption expenditure, ppp between United States of America and World?
- 74.47 trillion constant 2021 international $, with World ahead.
- How many years of comparable data are there for United States of America and World?
- 35 years are reported by both, from 1990 to 2024.
- How do United States of America and World rank globally for households and npishs final consumption expenditure, ppp?
- United States of America ranks 1st and World ranks 1st of 170 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for final consumption expenditure expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.