Economic Outlook No 115 — Private final consumption expenditure in United States of America

United States of America: Economic Outlook No 115 — Private final consumption expenditure was 16.09 trillion in 2025. ◆ Volatile

Latest (2025)
16.09 trillion
Change on year
up 1.8%
World rank
10th
of 38 countries
All-time high
16.09 trillion
in 2025
All-time low
2.13 trillion
in 1960
Years of data
66
1960–2025

Economic Outlook No 115 — Private final consumption expenditure in United States of America, 1960–2025

05.0T10.0T15.0T196019922025

Source: Organisation for Economic Co-operation and Development.

Analysis

In 2025, economic outlook no 115 — private final consumption expenditure in United States of America stood at 16.09 trillion. That is the highest value across all 66 years on record.

Compared with earlier readings it is up 1.8% on the previous year and up 27.3% over ten years.

Over the whole period, economic outlook no 115 — private final consumption expenditure in United States of America peaked at 16.09 trillion in 2025 and was at its lowest, 2.13 trillion, in 1960.

That places United States of America 10th out of 38 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Economic Outlook No 115 — Private final consumption expenditure in United States of America, year by year

Annual values for Economic Outlook No 115 — Private final consumption expenditure, volume in United States of America, 1960 to 2025.
Year Value Change
1960 2.13 trillion
1961 2.17 trillion +2.1%
1962 2.28 trillion +4.9%
1963 2.38 trillion +4.1%
1964 2.52 trillion +6.0%
1965 2.68 trillion +6.3%
1966 2.83 trillion +5.7%
1967 2.91 trillion +3.0%
1968 3.08 trillion +5.8%
1969 3.20 trillion +3.7%
1970 3.27 trillion +2.4%
1971 3.40 trillion +3.8%
1972 3.60 trillion +6.1%
1973 3.78 trillion +4.9%
1974 3.75 trillion -0.8%
1975 3.84 trillion +2.3%
1976 4.05 trillion +5.6%
1977 4.22 trillion +4.2%
1978 4.41 trillion +4.4%
1979 4.51 trillion +2.4%
1980 4.50 trillion -0.3%
1981 4.56 trillion +1.4%
1982 4.63 trillion +1.5%
1983 4.89 trillion +5.7%
1984 5.15 trillion +5.3%
1985 5.41 trillion +5.2%
1986 5.64 trillion +4.1%
1987 5.83 trillion +3.4%
1988 6.07 trillion +4.2%
1989 6.25 trillion +2.9%
1990 6.37 trillion +2.0%
1991 6.38 trillion +0.2%
1992 6.62 trillion +3.7%
1993 6.85 trillion +3.5%
1994 7.11 trillion +3.9%
1995 7.32 trillion +3.0%
1996 7.58 trillion +3.5%
1997 7.86 trillion +3.8%
1998 8.28 trillion +5.3%
1999 8.73 trillion +5.4%
2000 9.17 trillion +5.0%
2001 9.39 trillion +2.5%
2002 9.63 trillion +2.5%
2003 9.94 trillion +3.2%
2004 10.31 trillion +3.8%
2005 10.68 trillion +3.5%
2006 10.99 trillion +2.9%
2007 11.25 trillion +2.4%
2008 11.27 trillion +0.1%
2009 11.12 trillion -1.3%
2010 11.34 trillion +1.9%
2011 11.53 trillion +1.7%
2012 11.69 trillion +1.4%
2013 11.89 trillion +1.7%
2014 12.23 trillion +2.8%
2015 12.64 trillion +3.4%
2016 12.95 trillion +2.5%
2017 13.29 trillion +2.6%
2018 13.65 trillion +2.7%
2019 13.93 trillion +2.0%
2020 13.58 trillion -2.5%
2021 14.72 trillion +8.4%
2022 15.09 trillion +2.5%
2023 15.43 trillion +2.2%
2024 15.81 trillion +2.5%
2025 16.09 trillion +1.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.62 trillion 2.13 trillion 3.20 trillion 10
1970s 3.88 trillion 3.27 trillion 4.51 trillion 10
1980s 5.29 trillion 4.50 trillion 6.25 trillion 10
1990s 7.31 trillion 6.37 trillion 8.73 trillion 10
2000s 10.38 trillion 9.17 trillion 11.27 trillion 10
2010s 12.51 trillion 11.34 trillion 13.93 trillion 10
2020s 15.12 trillion 13.58 trillion 16.09 trillion 6

Countries ranked near United States of America

  1. 7 Costa Rica 27.32 trillion compare
  2. 7 Latvia 18.53 billion compare
  3. 8 Hungary 24.42 trillion compare
  4. 8 Estonia 13.90 billion compare
  5. 9 Mexico 18.42 trillion compare
  6. 11 South Africa 3.15 trillion compare
  7. 12 Sweden 2.66 trillion compare
  8. 13 Czechia 2.44 trillion compare

See the full ranking of 49 places →

More economy & growth data for United States of America

All data for United States of America →

Frequently asked questions

What is economic outlook no 115 — private final consumption expenditure in United States of America?
Economic outlook no 115 — private final consumption expenditure in United States of America was 16.09 trillion in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 115 — private final consumption expenditure recorded in United States of America?
The highest recorded value was 16.09 trillion in 2025.
What is the lowest economic outlook no 115 — private final consumption expenditure recorded in United States of America?
The lowest recorded value was 2.13 trillion in 1960.
How does United States of America rank for economic outlook no 115 — private final consumption expenditure?
United States of America ranks 10th out of 38 countries with data for 2025.
Is economic outlook no 115 — private final consumption expenditure rising or falling in United States of America?
Over the last ten years it is up 27.3%. The long-run trend across the full record is volatile.
Where does this United States of America data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 115 — Private final consumption expenditure, volume. Statizoid updates them automatically from the source API.

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Economic Outlook No 115 — Private final consumption expenditure in United States of America. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 04 September 2026, from https://economy.statizoid.com/stat/economic-outlook-no-115-private-final-consumption-expenditure-volume/united-states/

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About this data

Indicator
Economic Outlook No 115 — Private final consumption expenditure, volume
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
49 places, 2,378 data points, 1960–2025
Last refreshed

May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP