Economic Outlook No 117 — Private final consumption expenditure in United States of America
United States of America: Economic Outlook No 117 — Private final consumption expenditure was 21.76 trillion in 2026. ◆ Volatile
Economic Outlook No 117 — Private final consumption expenditure in United States of America, 1960–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook no 117 — private final consumption expenditure in United States of America is 21.76 trillion, measured in 2026. That is the highest value across all 67 years on record.
That represents a change of up 4.1% on the previous year and up 71.0% over ten years.
Over the whole period, economic outlook no 117 — private final consumption expenditure in United States of America peaked at 21.76 trillion in 2026 and was at its lowest, 331.18 billion, in 1960.
United States of America ranks 10th of 37 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Private final consumption expenditure in United States of America, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 331.18 billion | — |
| 1961 | 341.48 billion | +3.1% |
| 1962 | 362.56 billion | +6.2% |
| 1963 | 382.04 billion | +5.4% |
| 1964 | 410.63 billion | +7.5% |
| 1965 | 442.97 billion | +7.9% |
| 1966 | 479.92 billion | +8.3% |
| 1967 | 506.69 billion | +5.6% |
| 1968 | 556.85 billion | +9.9% |
| 1969 | 603.64 billion | +8.4% |
| 1970 | 646.73 billion | +7.1% |
| 1971 | 699.94 billion | +8.2% |
| 1972 | 768.15 billion | +9.7% |
| 1973 | 849.57 billion | +10.6% |
| 1974 | 930.16 billion | +9.5% |
| 1975 | 1.03 trillion | +10.8% |
| 1976 | 1.15 trillion | +11.4% |
| 1977 | 1.27 trillion | +11.0% |
| 1978 | 1.42 trillion | +11.6% |
| 1979 | 1.59 trillion | +11.5% |
| 1980 | 1.75 trillion | +10.4% |
| 1981 | 1.93 trillion | +10.5% |
| 1982 | 2.07 trillion | +7.1% |
| 1983 | 2.28 trillion | +10.2% |
| 1984 | 2.49 trillion | +9.2% |
| 1985 | 2.71 trillion | +8.8% |
| 1986 | 2.89 trillion | +6.4% |
| 1987 | 3.08 trillion | +6.6% |
| 1988 | 3.33 trillion | +8.2% |
| 1989 | 3.58 trillion | +7.4% |
| 1990 | 3.81 trillion | +6.5% |
| 1991 | 3.94 trillion | +3.5% |
| 1992 | 4.20 trillion | +6.4% |
| 1993 | 4.45 trillion | +6.1% |
| 1994 | 4.72 trillion | +6.0% |
| 1995 | 4.96 trillion | +5.1% |
| 1996 | 5.24 trillion | +5.7% |
| 1997 | 5.54 trillion | +5.6% |
| 1998 | 5.88 trillion | +6.1% |
| 1999 | 6.28 trillion | +6.9% |
| 2000 | 6.77 trillion | +7.7% |
| 2001 | 7.07 trillion | +4.5% |
| 2002 | 7.35 trillion | +3.9% |
| 2003 | 7.74 trillion | +5.3% |
| 2004 | 8.23 trillion | +6.3% |
| 2005 | 8.77 trillion | +6.5% |
| 2006 | 9.28 trillion | +5.8% |
| 2007 | 9.75 trillion | +5.1% |
| 2008 | 10.05 trillion | +3.1% |
| 2009 | 9.89 trillion | -1.6% |
| 2010 | 10.26 trillion | +3.7% |
| 2011 | 10.70 trillion | +4.3% |
| 2012 | 11.05 trillion | +3.3% |
| 2013 | 11.39 trillion | +3.1% |
| 2014 | 11.87 trillion | +4.3% |
| 2015 | 12.30 trillion | +3.6% |
| 2016 | 12.73 trillion | +3.5% |
| 2017 | 13.29 trillion | +4.4% |
| 2018 | 13.93 trillion | +4.8% |
| 2019 | 14.44 trillion | +3.6% |
| 2020 | 14.23 trillion | -1.5% |
| 2021 | 16.11 trillion | +13.3% |
| 2022 | 17.69 trillion | +9.8% |
| 2023 | 18.82 trillion | +6.4% |
| 2024 | 19.83 trillion | +5.3% |
| 2025 | 20.90 trillion | +5.4% |
| 2026 | 21.76 trillion | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 441.80 billion | 331.18 billion | 603.64 billion | 10 |
| 1970s | 1.04 trillion | 646.73 billion | 1.59 trillion | 10 |
| 1980s | 2.61 trillion | 1.75 trillion | 3.58 trillion | 10 |
| 1990s | 4.90 trillion | 3.81 trillion | 6.28 trillion | 10 |
| 2000s | 8.49 trillion | 6.77 trillion | 10.05 trillion | 10 |
| 2010s | 12.20 trillion | 10.26 trillion | 14.44 trillion | 10 |
| 2020s | 18.48 trillion | 14.23 trillion | 21.76 trillion | 7 |
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 economic outlook no 117 — private final consumption expenditure in United States of America?
- Economic outlook no 117 — private final consumption expenditure in United States of America was 21.76 trillion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — private final consumption expenditure recorded in United States of America?
- The highest recorded value was 21.76 trillion in 2026.
- What is the lowest economic outlook no 117 — private final consumption expenditure recorded in United States of America?
- The lowest recorded value was 331.18 billion in 1960.
- How does United States of America rank for economic outlook no 117 — private final consumption expenditure?
- United States of America ranks 10th out of 37 countries with data for 2026.
- Is economic outlook no 117 — private final consumption expenditure rising or falling in United States of America?
- Over the last ten years it is up 71.0%. 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 117 — Private final consumption expenditure, nominal value, GDP expenditure approach. Statizoid updates them automatically from the source API.
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About this data
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 (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 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