Economic Outlook No 118 — Government final consumption expenditure in United States of America
United States of America: Economic Outlook No 118 — Government final consumption expenditure was 3.17 trillion in 2027. ▲ Rising
Economic Outlook No 118 — Government final consumption expenditure in United States of America, 1960–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2027, economic outlook no 118 — government final consumption expenditure in United States of America stood at 3.17 trillion. That is the highest value across all 68 years on record.
The figure is up 1.2% on the previous year and up 16.7% over ten years.
Over the whole period, economic outlook no 118 — government final consumption expenditure in United States of America peaked at 3.17 trillion in 2027 and was at its lowest, 940.99 billion, in 1960.
That places United States of America 9th out of 39 countries with data for 2027, putting it in the top quarter.
The long-run direction has been consistently rising across the 68 years of available data.
Economic Outlook No 118 — Government final consumption expenditure in United States of America, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 940.99 billion | — |
| 1961 | 972.12 billion | +3.3% |
| 1962 | 1.04 trillion | +6.7% |
| 1963 | 1.07 trillion | +3.5% |
| 1964 | 1.10 trillion | +2.3% |
| 1965 | 1.14 trillion | +3.5% |
| 1966 | 1.24 trillion | +8.8% |
| 1967 | 1.34 trillion | +8.5% |
| 1968 | 1.41 trillion | +4.7% |
| 1969 | 1.43 trillion | +1.4% |
| 1970 | 1.41 trillion | -1.3% |
| 1971 | 1.40 trillion | -0.2% |
| 1972 | 1.41 trillion | +0.5% |
| 1973 | 1.40 trillion | -1.0% |
| 1974 | 1.43 trillion | +2.0% |
| 1975 | 1.46 trillion | +2.3% |
| 1976 | 1.46 trillion | +0.2% |
| 1977 | 1.49 trillion | +2.0% |
| 1978 | 1.52 trillion | +2.0% |
| 1979 | 1.54 trillion | +1.0% |
| 1980 | 1.56 trillion | +1.8% |
| 1981 | 1.59 trillion | +1.8% |
| 1982 | 1.63 trillion | +2.4% |
| 1983 | 1.67 trillion | +2.9% |
| 1984 | 1.70 trillion | +1.6% |
| 1985 | 1.80 trillion | +5.6% |
| 1986 | 1.89 trillion | +5.4% |
| 1987 | 1.93 trillion | +1.7% |
| 1988 | 1.96 trillion | +1.7% |
| 1989 | 2.00 trillion | +2.3% |
| 1990 | 2.05 trillion | +2.5% |
| 1991 | 2.08 trillion | +1.3% |
| 1992 | 2.09 trillion | +0.4% |
| 1993 | 2.08 trillion | -0.3% |
| 1994 | 2.09 trillion | +0.3% |
| 1995 | 2.09 trillion | +0.2% |
| 1996 | 2.10 trillion | +0.4% |
| 1997 | 2.14 trillion | +1.8% |
| 1998 | 2.17 trillion | +1.6% |
| 1999 | 2.24 trillion | +3.1% |
| 2000 | 2.28 trillion | +1.7% |
| 2001 | 2.35 trillion | +3.1% |
| 2002 | 2.45 trillion | +4.3% |
| 2003 | 2.51 trillion | +2.5% |
| 2004 | 2.55 trillion | +1.5% |
| 2005 | 2.56 trillion | +0.3% |
| 2006 | 2.60 trillion | +1.6% |
| 2007 | 2.65 trillion | +1.9% |
| 2008 | 2.71 trillion | +2.4% |
| 2009 | 2.83 trillion | +4.2% |
| 2010 | 2.83 trillion | +0.0% |
| 2011 | 2.74 trillion | -3.1% |
| 2012 | 2.70 trillion | -1.5% |
| 2013 | 2.65 trillion | -1.9% |
| 2014 | 2.63 trillion | -0.8% |
| 2015 | 2.67 trillion | +1.7% |
| 2016 | 2.72 trillion | +1.8% |
| 2017 | 2.72 trillion | -0.1% |
| 2018 | 2.75 trillion | +1.4% |
| 2019 | 2.86 trillion | +3.9% |
| 2020 | 2.95 trillion | +3.0% |
| 2021 | 2.96 trillion | +0.5% |
| 2022 | 2.92 trillion | -1.3% |
| 2023 | 3.01 trillion | +3.0% |
| 2024 | 3.11 trillion | +3.3% |
| 2025 | 3.13 trillion | +0.6% |
| 2026 | 3.13 trillion | +0.2% |
| 2027 | 3.17 trillion | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.17 trillion | 940.99 billion | 1.43 trillion | 10 |
| 1970s | 1.45 trillion | 1.40 trillion | 1.54 trillion | 10 |
| 1980s | 1.77 trillion | 1.56 trillion | 2.00 trillion | 10 |
| 1990s | 2.11 trillion | 2.05 trillion | 2.24 trillion | 10 |
| 2000s | 2.55 trillion | 2.28 trillion | 2.83 trillion | 10 |
| 2010s | 2.73 trillion | 2.63 trillion | 2.86 trillion | 10 |
| 2020s | 3.05 trillion | 2.92 trillion | 3.17 trillion | 8 |
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)
- 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 — government final consumption expenditure in United States of America?
- Economic outlook no 118 — government final consumption expenditure in United States of America was 3.17 trillion in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 118 — government final consumption expenditure recorded in United States of America?
- The highest recorded value was 3.17 trillion in 2027.
- What is the lowest economic outlook no 118 — government final consumption expenditure recorded in United States of America?
- The lowest recorded value was 940.99 billion in 1960.
- How does United States of America rank for economic outlook no 118 — government final consumption expenditure?
- United States of America ranks 9th out of 39 countries with data for 2027.
- Is economic outlook no 118 — government final consumption expenditure rising or falling in United States of America?
- Over the last ten years it is up 16.7%. The long-run trend across the full record is rising.
- 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 — Government final consumption expenditure, volume. 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