Economic Outlook No 118 — General government final consumption in United States of America
United States of America: Economic Outlook No 118 — General government final consumption was 4.43 trillion in 2027. ◆ Volatile
Economic Outlook No 118 — General government final consumption in United States of America, 1960–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2027, economic outlook no 118 — general government final consumption in United States of America stood at 4.43 trillion. That is the highest value across all 68 years on record.
That represents a change of up 3.5% on the previous year and up 63.1% over ten years.
Over the whole period, economic outlook no 118 — general government final consumption in United States of America peaked at 4.43 trillion in 2027 and was at its lowest, 84.52 billion, in 1960.
That places United States of America 4th out of 28 countries with data for 2027, 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 118 — General government final consumption in United States of America, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 84.52 billion | — |
| 1961 | 89.34 billion | +5.7% |
| 1962 | 97.69 billion | +9.3% |
| 1963 | 102.75 billion | +5.2% |
| 1964 | 108.37 billion | +5.5% |
| 1965 | 116.19 billion | +7.2% |
| 1966 | 131.88 billion | +13.5% |
| 1967 | 149.35 billion | +13.2% |
| 1968 | 166.28 billion | +11.3% |
| 1969 | 179.44 billion | +7.9% |
| 1970 | 192.78 billion | +7.4% |
| 1971 | 208.96 billion | +8.4% |
| 1972 | 225.50 billion | +7.9% |
| 1973 | 239.12 billion | +6.0% |
| 1974 | 265.20 billion | +10.9% |
| 1975 | 296.73 billion | +11.9% |
| 1976 | 314.51 billion | +6.0% |
| 1977 | 341.17 billion | +8.5% |
| 1978 | 370.77 billion | +8.7% |
| 1979 | 404.71 billion | +9.2% |
| 1980 | 453.65 billion | +12.1% |
| 1981 | 507.04 billion | +11.8% |
| 1982 | 554.53 billion | +9.4% |
| 1983 | 595.39 billion | +7.4% |
| 1984 | 634.73 billion | +6.6% |
| 1985 | 690.64 billion | +8.8% |
| 1986 | 737.99 billion | +6.9% |
| 1987 | 776.89 billion | +5.3% |
| 1988 | 820.46 billion | +5.6% |
| 1989 | 881.43 billion | +7.4% |
| 1990 | 948.19 billion | +7.6% |
| 1991 | 1.00 trillion | +6.0% |
| 1992 | 1.05 trillion | +4.3% |
| 1993 | 1.07 trillion | +2.4% |
| 1994 | 1.11 trillion | +3.3% |
| 1995 | 1.14 trillion | +3.0% |
| 1996 | 1.17 trillion | +2.7% |
| 1997 | 1.22 trillion | +4.1% |
| 1998 | 1.27 trillion | +3.9% |
| 1999 | 1.35 trillion | +6.6% |
| 2000 | 1.44 trillion | +6.4% |
| 2001 | 1.54 trillion | +7.0% |
| 2002 | 1.65 trillion | +7.0% |
| 2003 | 1.75 trillion | +6.1% |
| 2004 | 1.85 trillion | +6.0% |
| 2005 | 1.96 trillion | +5.9% |
| 2006 | 2.07 trillion | +5.7% |
| 2007 | 2.20 trillion | +6.1% |
| 2008 | 2.35 trillion | +7.0% |
| 2009 | 2.43 trillion | +3.4% |
| 2010 | 2.51 trillion | +3.2% |
| 2011 | 2.51 trillion | +0.0% |
| 2012 | 2.52 trillion | +0.2% |
| 2013 | 2.53 trillion | +0.6% |
| 2014 | 2.56 trillion | +1.2% |
| 2015 | 2.60 trillion | +1.6% |
| 2016 | 2.65 trillion | +1.9% |
| 2017 | 2.72 trillion | +2.3% |
| 2018 | 2.86 trillion | +5.3% |
| 2019 | 3.01 trillion | +5.3% |
| 2020 | 3.18 trillion | +5.6% |
| 2021 | 3.38 trillion | +6.2% |
| 2022 | 3.56 trillion | +5.5% |
| 2023 | 3.77 trillion | +5.7% |
| 2024 | 3.99 trillion | +6.0% |
| 2025 | 4.15 trillion | +3.8% |
| 2026 | 4.28 trillion | +3.3% |
| 2027 | 4.43 trillion | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 122.58 billion | 84.52 billion | 179.44 billion | 10 |
| 1970s | 285.95 billion | 192.78 billion | 404.71 billion | 10 |
| 1980s | 665.27 billion | 453.65 billion | 881.43 billion | 10 |
| 1990s | 1.13 trillion | 948.19 billion | 1.35 trillion | 10 |
| 2000s | 1.92 trillion | 1.44 trillion | 2.43 trillion | 10 |
| 2010s | 2.65 trillion | 2.51 trillion | 3.01 trillion | 10 |
| 2020s | 3.84 trillion | 3.18 trillion | 4.43 trillion | 8 |
Countries ranked near United States of America
- 1 Colombia 321.35 trillion compare
- 2 Poland 916.39 billion compare
- 2 Japan 139.28 trillion compare
- 3 Croatia 24.58 billion compare
- 3 Hungary 20.04 trillion compare
- 3 Netherlands 333.38 billion compare
- 4 Lithuania 18.44 billion compare
- 5 Sweden 1.87 trillion compare
- 5 Slovenia 16.38 billion compare
- 6 Czechia 1.82 trillion compare
- 6 Latvia 10.04 billion compare
- 7 Iceland 1.42 trillion compare
- 7 Estonia 9.67 billion compare
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)
- Households and NPISHs Final consumption expenditure (current LCU) 5.22 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.6804 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 61,250 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.95 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5343 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 46,041 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 5.7 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.8153 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is economic outlook no 118 — general government final consumption in United States of America?
- Economic outlook no 118 — general government final consumption in United States of America was 4.43 trillion in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 118 — general government final consumption recorded in United States of America?
- The highest recorded value was 4.43 trillion in 2027.
- What is the lowest economic outlook no 118 — general government final consumption recorded in United States of America?
- The lowest recorded value was 84.52 billion in 1960.
- How does United States of America rank for economic outlook no 118 — general government final consumption?
- United States of America ranks 4th out of 28 countries with data for 2027.
- Is economic outlook no 118 — general government final consumption rising or falling in United States of America?
- Over the last ten years it is up 63.1%. 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 118 — General government final consumption expenditure, nominal value, appropriation account. 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 118 (Edition 2025/2) EO118 Database documentation EO118 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