Final consumption expenditure (current US$), annual growth rate in United States
United States: Final consumption expenditure (current US$), annual growth rate was 5.7 % change on previous year in 2024. ▼ Falling
Final consumption expenditure (current US$), annual growth rate in United States, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, final consumption expenditure (current us$), annual growth rate in United States 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$), annual growth rate in United States peaked at 11.97 % change on previous year in 2021 and was at its lowest, -0.6361 % change on previous year, in 2009.
That places United States 131st out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
Final consumption expenditure (current US$), annual growth rate in United States, 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% |
United States compared with similar countries
- United States's 5.7 % change on previous year is below the median for high income countries, which is 8.19 % change on previous year, 70% of the median. (67 countries reporting)
Biggest year-on-year movements
Years where Final consumption expenditure (current US$), annual growth rate in United States changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +5583.3% | -0.2183 % change on previous year | 11.97 % change on previous year |
| 2010 | +669.8% | -0.6361 % change on previous year | 3.62 % change on previous year |
| 2009 | -116.6% | 3.84 % change on previous year | -0.6361 % change on previous year |
| 2020 | -105.6% | 3.9 % change on previous year | -0.2183 % change on previous year |
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
- 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
- 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)
- SDRs holdings, US dollar, annual growth rate 4.26 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0057 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 509.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.7205 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0041 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 371.72 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 0.9623 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure (current us$), annual growth rate in United States?
- Final consumption expenditure (current us$), annual growth rate in United States was 5.7 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in United States?
- The highest recorded value was 11.97 % change on previous year in 2021.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in United States?
- The lowest recorded value was -0.6361 % change on previous year in 2009.
- How does United States rank for final consumption expenditure (current us$), annual growth rate?
- United States ranks 131st out of 187 countries with data for 2024.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in United States?
- 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 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.