Final consumption expenditure (current US$), annual growth rate in North America
North America: Final consumption expenditure (current US$), annual growth rate was 5.61 % change on previous year in 2024. ▼ Falling
Final consumption expenditure (current US$), annual growth rate in North America, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for final consumption expenditure (current us$), annual growth rate in North America is 5.61 % change on previous year, measured in 2024.
That represents a change of down 7.0% on the previous year and up 81.1% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in North America peaked at 12.26 % change on previous year in 2021 and was at its lowest, -1.01 % change on previous year, in 2009.
That places North America 19th out of 43 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
Final consumption expenditure (current US$), annual growth rate in North America, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.61 % change on previous year | — |
| 1972 | 9.69 % change on previous year | +12.5% |
| 1973 | 9.84 % change on previous year | +1.5% |
| 1974 | 10.7 % change on previous year | +8.7% |
| 1975 | 11.18 % change on previous year | +4.5% |
| 1976 | 10.84 % change on previous year | -3.1% |
| 1977 | 9.8 % change on previous year | -9.5% |
| 1978 | 10.29 % change on previous year | +5.0% |
| 1979 | 10.77 % change on previous year | +4.6% |
| 1980 | 10.92 % change on previous year | +1.4% |
| 1981 | 10.7 % change on previous year | -2.0% |
| 1982 | 7.42 % change on previous year | -30.7% |
| 1983 | 9.53 % change on previous year | +28.4% |
| 1984 | 8.2 % change on previous year | -13.9% |
| 1985 | 8.39 % change on previous year | +2.3% |
| 1986 | 6.4 % change on previous year | -23.7% |
| 1987 | 6.8 % change on previous year | +6.1% |
| 1988 | 8.39 % change on previous year | +23.4% |
| 1989 | 7.83 % change on previous year | -6.7% |
| 1990 | 6.84 % change on previous year | -12.7% |
| 1991 | 4.24 % change on previous year | -38.0% |
| 1992 | 5.29 % change on previous year | +24.8% |
| 1993 | 4.59 % change on previous year | -13.3% |
| 1994 | 4.86 % change on previous year | +6.0% |
| 1995 | 4.53 % change on previous year | -6.8% |
| 1996 | 5.03 % change on previous year | +10.8% |
| 1997 | 5.15 % change on previous year | +2.5% |
| 1998 | 5.13 % change on previous year | -0.4% |
| 1999 | 6.75 % change on previous year | +31.5% |
| 2000 | 7.43 % change on previous year | +10.0% |
| 2001 | 4.68 % change on previous year | -37.0% |
| 2002 | 4.45 % change on previous year | -4.9% |
| 2003 | 6.19 % change on previous year | +39.1% |
| 2004 | 6.7 % change on previous year | +8.2% |
| 2005 | 6.89 % change on previous year | +2.8% |
| 2006 | 6.3 % change on previous year | -8.5% |
| 2007 | 5.76 % change on previous year | -8.6% |
| 2008 | 4.02 % change on previous year | -30.2% |
| 2009 | -1.01 % change on previous year | -125.2% |
| 2010 | 4.64 % change on previous year | -557.2% |
| 2011 | 3.93 % change on previous year | -15.4% |
| 2012 | 2.6 % change on previous year | -33.6% |
| 2013 | 2.42 % change on previous year | -7.1% |
| 2014 | 3.1 % change on previous year | +28.0% |
| 2015 | 2 % change on previous year | -35.5% |
| 2016 | 2.91 % change on previous year | +45.6% |
| 2017 | 4.27 % change on previous year | +46.7% |
| 2018 | 4.89 % change on previous year | +14.5% |
| 2019 | 3.68 % change on previous year | -24.8% |
| 2020 | -0.4739 % change on previous year | -112.9% |
| 2021 | 12.26 % change on previous year | -2686.8% |
| 2022 | 8.89 % change on previous year | -27.5% |
| 2023 | 6.03 % change on previous year | -32.1% |
| 2024 | 5.61 % change on previous year | -7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.19 % change on previous year | 8.61 % change on previous year | 11.18 % change on previous year | 9 |
| 1980s | 8.46 % change on previous year | 6.4 % change on previous year | 10.92 % change on previous year | 10 |
| 1990s | 5.24 % change on previous year | 4.24 % change on previous year | 6.84 % change on previous year | 10 |
| 2000s | 5.14 % change on previous year | -1.01 % change on previous year | 7.43 % change on previous year | 10 |
| 2010s | 3.44 % change on previous year | 2 % change on previous year | 4.89 % change on previous year | 10 |
| 2020s | 6.46 % change on previous year | -0.4739 % change on previous year | 12.26 % change on previous year | 5 |
Countries ranked near North America
- 16 Afghanistan 17.59 % change on previous year compare
- 17 Ukraine 17.38 % change on previous year compare
- 18 Iceland 17.29 % change on previous year compare
- 19 Türkiye 17.25 % change on previous year compare
- 20 Zimbabwe 16.41 % change on previous year compare
- 21 Uganda 16.17 % change on previous year compare
- 22 Armenia 15.97 % change on previous year compare
More economy & growth data for North America
- GDP (constant 2015 US$), per capita 65,508 constant 2015 US$ per person (2025)
- GDP (current US$), annual growth rate 4.82 % change on previous year (2025)
- GDP (current US$), per capita 86,308 current US$ per person (2025)
- GDP (constant 2015 US$), annual growth rate 2.13 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.759 constant 2015 US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per unit of GDP 0.188 current US$ per US$ of GDP (2024)
- GNI, Atlas method (current US$), annual growth rate 7.49 % change on previous year (2025)
- Gross domestic savings (current US$), per capita 15,566 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 65,820 current US$ per person (2021)
- Gross domestic savings (current US$), annual growth rate 3.45 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure (current us$), annual growth rate in North America?
- Final consumption expenditure (current us$), annual growth rate in North America was 5.61 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in North America?
- The highest recorded value was 12.26 % change on previous year in 2021.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in North America?
- The lowest recorded value was -1.01 % change on previous year in 2009.
- How does North America rank for final consumption expenditure (current us$), annual growth rate?
- North America ranks 19th out of 43 groups with data for 2024.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in North America?
- Over the last ten years it is up 81.1%. The long-run trend across the full record is falling.
- Where does this North America data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.