Final consumption expenditure (current US$), annual growth rate in United States of America
United States of America: Final consumption expenditure (current US$), annual growth rate was 5.7 % change on previous year in 2024. ▼ Falling
Final consumption expenditure (current US$), annual growth rate in United States of America, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, final consumption expenditure (current us$), annual growth rate in United States of America stood at 5.7 % change on previous year.
Compared with earlier readings it is down 9.9% on the previous year and up 53.3% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in United States of America peaked at 11.97 % change on previous year in 2021 and was at its lowest, -0.6361 % change on previous year, in 2009.
That places United States of America 131st out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
Final consumption expenditure (current US$), annual growth rate in United States of America, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.27 % change on previous year | — |
| 1972 | 9.32 % change on previous year | +12.8% |
| 1973 | 9.57 % change on previous year | +2.6% |
| 1974 | 9.8 % change on previous year | +2.4% |
| 1975 | 11.03 % change on previous year | +12.6% |
| 1976 | 10.16 % change on previous year | -7.9% |
| 1977 | 10.46 % change on previous year | +2.9% |
| 1978 | 11.01 % change on previous year | +5.3% |
| 1979 | 10.99 % change on previous year | -0.2% |
| 1980 | 10.76 % change on previous year | -2.1% |
| 1981 | 10.74 % change on previous year | -0.2% |
| 1982 | 7.57 % change on previous year | -29.5% |
| 1983 | 9.57 % change on previous year | +26.4% |
| 1984 | 8.69 % change on previous year | -9.1% |
| 1985 | 8.84 % change on previous year | +1.7% |
| 1986 | 6.49 % change on previous year | -26.6% |
| 1987 | 6.32 % change on previous year | -2.6% |
| 1988 | 7.72 % change on previous year | +22.2% |
| 1989 | 7.41 % change on previous year | -3.9% |
| 1990 | 6.71 % change on previous year | -9.5% |
| 1991 | 4.02 % change on previous year | -40.1% |
| 1992 | 6.01 % change on previous year | +49.7% |
| 1993 | 5.32 % change on previous year | -11.6% |
| 1994 | 5.5 % change on previous year | +3.4% |
| 1995 | 4.72 % change on previous year | -14.2% |
| 1996 | 5.13 % change on previous year | +8.6% |
| 1997 | 5.3 % change on previous year | +3.2% |
| 1998 | 5.74 % change on previous year | +8.3% |
| 1999 | 6.86 % change on previous year | +19.7% |
| 2000 | 7.46 % change on previous year | +8.7% |
| 2001 | 4.96 % change on previous year | -33.5% |
| 2002 | 4.45 % change on previous year | -10.4% |
| 2003 | 5.47 % change on previous year | +23.1% |
| 2004 | 6.29 % change on previous year | +14.9% |
| 2005 | 6.42 % change on previous year | +2.0% |
| 2006 | 5.77 % change on previous year | -10.1% |
| 2007 | 5.24 % change on previous year | -9.2% |
| 2008 | 3.84 % change on previous year | -26.8% |
| 2009 | -0.6361 % change on previous year | -116.6% |
| 2010 | 3.62 % change on previous year | -669.8% |
| 2011 | 3.44 % change on previous year | -5.2% |
| 2012 | 2.67 % change on previous year | -22.3% |
| 2013 | 2.63 % change on previous year | -1.6% |
| 2014 | 3.72 % change on previous year | +41.6% |
| 2015 | 3.22 % change on previous year | -13.5% |
| 2016 | 3.21 % change on previous year | -0.2% |
| 2017 | 4.07 % change on previous year | +26.7% |
| 2018 | 4.92 % change on previous year | +20.9% |
| 2019 | 3.9 % change on previous year | -20.7% |
| 2020 | -0.2183 % change on previous year | -105.6% |
| 2021 | 11.97 % change on previous year | -5583.3% |
| 2022 | 9.01 % change on previous year | -24.7% |
| 2023 | 6.33 % change on previous year | -29.8% |
| 2024 | 5.7 % change on previous year | -9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.07 % change on previous year | 8.27 % change on previous year | 11.03 % change on previous year | 9 |
| 1980s | 8.41 % change on previous year | 6.32 % change on previous year | 10.76 % change on previous year | 10 |
| 1990s | 5.53 % change on previous year | 4.02 % change on previous year | 6.86 % change on previous year | 10 |
| 2000s | 4.93 % change on previous year | -0.6361 % change on previous year | 7.46 % change on previous year | 10 |
| 2010s | 3.54 % change on previous year | 2.63 % change on previous year | 4.92 % change on previous year | 10 |
| 2020s | 6.56 % change on previous year | -0.2183 % change on previous year | 11.97 % change on previous year | 5 |
Countries ranked near United States of America
- 128 Greenland 6.03 % change on previous year compare
- 129 Belize 5.93 % change on previous year compare
- 130 Djibouti 5.82 % change on previous year compare
- 132 India 5.61 % change on previous year compare
- 133 Costa Rica 5.6 % change on previous year compare
- 134 Finland 5.57 % change on previous year 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$), per unit of GDP 0.8153 current US$ per US$ of GDP (2024)
- Final consumption expenditure (current US$), per capita 70,257 current US$ per person (2024)
Frequently asked questions
- What is final consumption expenditure (current us$), annual growth rate in United States of America?
- Final consumption expenditure (current us$), annual growth rate in United States of America was 5.7 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in United States of America?
- The highest recorded value was 11.97 % change on previous year in 2021.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in United States of America?
- The lowest recorded value was -0.6361 % change on previous year in 2009.
- How does United States of America rank for final consumption expenditure (current us$), annual growth rate?
- United States of America ranks 131st out of 187 countries with data for 2024.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in United States of America?
- Over the last ten years it is up 53.3%. The long-run trend across the full record is falling.
- Where does this United States of America data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current US$). 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.