Annual growth of general government final consumption expenditure in United States of America
United States of America: Annual growth of general government final consumption expenditure was 2.93 in 2023. ◆ Volatile
Annual growth of general government final consumption expenditure in United States of America, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual growth of general government final consumption expenditure in United States of America is 2.93, measured in 2023.
That represents a change of up 352.6% on the previous year and up 252.6% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in United States of America peaked at 4.25 in 2009 and was at its lowest, -3.07, in 2011.
United States of America ranks 62nd of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in United States of America, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.54 | — |
| 2001 | 3.56 | +131.2% |
| 2002 | 3.85 | +8.1% |
| 2003 | 1.72 | -55.3% |
| 2004 | 1.53 | -11.0% |
| 2005 | 0.83 | -45.8% |
| 2006 | 1.21 | +45.8% |
| 2007 | 1.59 | +31.4% |
| 2008 | 2.44 | +53.5% |
| 2009 | 4.25 | +74.2% |
| 2010 | 0 | -100.0% |
| 2011 | -3.07 | — |
| 2012 | -1.46 | -52.4% |
| 2013 | -1.92 | +31.5% |
| 2014 | -0.83 | -56.8% |
| 2015 | 1.74 | -309.6% |
| 2016 | 1.75 | +0.6% |
| 2017 | -0.07 | -104.0% |
| 2018 | 1.39 | -2085.7% |
| 2019 | 3.93 | +182.7% |
| 2020 | 3.04 | -22.6% |
| 2021 | 0.43 | -85.9% |
| 2022 | -1.16 | -369.8% |
| 2023 | 2.93 | -352.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.25 | 0.83 | 4.25 | 10 |
| 2010s | 0.146 | -3.07 | 3.93 | 10 |
| 2020s | 1.31 | -1.16 | 3.04 | 4 |
Countries ranked near United States of America
More economy & growth data for United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 4.62 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.1097 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 9,457 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.64 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.0894 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 7,704 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 5.21 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2135 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in United States of America?
- Annual growth of general government final consumption expenditure in United States of America was 2.93 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in United States of America?
- The highest recorded value was 4.25 in 2009.
- What is the lowest annual growth of general government final consumption expenditure recorded in United States of America?
- The lowest recorded value was -3.07 in 2011.
- How does United States of America rank for annual growth of general government final consumption expenditure?
- United States of America ranks 62nd out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in United States of America?
- Over the last ten years it is up 252.6%. The long-run trend across the full record is volatile.
- Where does this United States of America data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).