Final consumption expenditure (current US$) in North America
North America: Final consumption expenditure (current US$) was 25.64 trillion current US$ in 2024. ◆ Volatile
Final consumption expenditure in North America, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for final consumption expenditure in North America is 25.64 trillion current US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 5.6% on the previous year and up 62.1% over ten years.
Over the whole period, final consumption expenditure in North America peaked at 25.64 trillion current US$ in 2024 and was at its lowest, 907.86 billion current US$, in 1970.
That places North America 9th out of 43 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$) in North America, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 907.86 billion current US$ | — |
| 1971 | 986.07 billion current US$ | +8.6% |
| 1972 | 1.08 trillion current US$ | +9.7% |
| 1973 | 1.19 trillion current US$ | +9.8% |
| 1974 | 1.32 trillion current US$ | +10.7% |
| 1975 | 1.46 trillion current US$ | +11.2% |
| 1976 | 1.62 trillion current US$ | +10.8% |
| 1977 | 1.78 trillion current US$ | +9.8% |
| 1978 | 1.96 trillion current US$ | +10.3% |
| 1979 | 2.17 trillion current US$ | +10.8% |
| 1980 | 2.41 trillion current US$ | +10.9% |
| 1981 | 2.67 trillion current US$ | +10.7% |
| 1982 | 2.87 trillion current US$ | +7.4% |
| 1983 | 3.14 trillion current US$ | +9.5% |
| 1984 | 3.40 trillion current US$ | +8.2% |
| 1985 | 3.68 trillion current US$ | +8.4% |
| 1986 | 3.92 trillion current US$ | +6.4% |
| 1987 | 4.19 trillion current US$ | +6.8% |
| 1988 | 4.54 trillion current US$ | +8.4% |
| 1989 | 4.89 trillion current US$ | +7.8% |
| 1990 | 5.23 trillion current US$ | +6.8% |
| 1991 | 5.45 trillion current US$ | +4.2% |
| 1992 | 5.74 trillion current US$ | +5.3% |
| 1993 | 6.00 trillion current US$ | +4.6% |
| 1994 | 6.29 trillion current US$ | +4.9% |
| 1995 | 6.58 trillion current US$ | +4.5% |
| 1996 | 6.91 trillion current US$ | +5.0% |
| 1997 | 7.26 trillion current US$ | +5.2% |
| 1998 | 7.63 trillion current US$ | +5.1% |
| 1999 | 8.15 trillion current US$ | +6.8% |
| 2000 | 8.76 trillion current US$ | +7.4% |
| 2001 | 9.17 trillion current US$ | +4.7% |
| 2002 | 9.57 trillion current US$ | +4.5% |
| 2003 | 10.17 trillion current US$ | +6.2% |
| 2004 | 10.85 trillion current US$ | +6.7% |
| 2005 | 11.60 trillion current US$ | +6.9% |
| 2006 | 12.33 trillion current US$ | +6.3% |
| 2007 | 13.04 trillion current US$ | +5.8% |
| 2008 | 13.56 trillion current US$ | +4.0% |
| 2009 | 13.42 trillion current US$ | -1.0% |
| 2010 | 14.04 trillion current US$ | +4.6% |
| 2011 | 14.60 trillion current US$ | +3.9% |
| 2012 | 14.98 trillion current US$ | +2.6% |
| 2013 | 15.34 trillion current US$ | +2.4% |
| 2014 | 15.81 trillion current US$ | +3.1% |
| 2015 | 16.13 trillion current US$ | +2.0% |
| 2016 | 16.60 trillion current US$ | +2.9% |
| 2017 | 17.31 trillion current US$ | +4.3% |
| 2018 | 18.15 trillion current US$ | +4.9% |
| 2019 | 18.82 trillion current US$ | +3.7% |
| 2020 | 18.73 trillion current US$ | -0.5% |
| 2021 | 21.03 trillion current US$ | +12.3% |
| 2022 | 22.90 trillion current US$ | +8.9% |
| 2023 | 24.28 trillion current US$ | +6.0% |
| 2024 | 25.64 trillion current US$ | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.45 trillion current US$ | 907.86 billion current US$ | 2.17 trillion current US$ | 10 |
| 1980s | 3.57 trillion current US$ | 2.41 trillion current US$ | 4.89 trillion current US$ | 10 |
| 1990s | 6.52 trillion current US$ | 5.23 trillion current US$ | 8.15 trillion current US$ | 10 |
| 2000s | 11.24 trillion current US$ | 8.76 trillion current US$ | 13.56 trillion current US$ | 10 |
| 2010s | 16.18 trillion current US$ | 14.04 trillion current US$ | 18.82 trillion current US$ | 10 |
| 2020s | 22.52 trillion current US$ | 18.73 trillion current US$ | 25.64 trillion current US$ | 5 |
Countries ranked near North America
- 6 India 2.67 trillion current US$ compare
- 7 France 2.64 trillion current US$ compare
- 8 Italy 1.93 trillion current US$ compare
- 9 Brazil 1.88 trillion current US$ compare
- 10 Russia 1.80 trillion current US$ compare
- 11 Canada 1.80 trillion current US$ compare
- 12 Mexico 1.50 trillion current US$ compare
More economy & growth data for North America
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0142 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,224 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.35 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 469.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,250 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0145 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 479.40 billion BoP, current US$ (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 65,820 current US$ per person (2021)
- Services, value added (current US$), annual growth rate 10.37 % change on previous year (2021)
- Services, value added (current US$), per unit of GDP 0.7546 current US$ per US$ of GDP (2021)
Frequently asked questions
- What is final consumption expenditure in North America?
- Final consumption expenditure in North America was 25.64 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in North America?
- The highest recorded value was 25.64 trillion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in North America?
- The lowest recorded value was 907.86 billion current US$ in 1970.
- How does North America rank for final consumption expenditure?
- North America ranks 9th out of 43 groups with data for 2024.
- Is final consumption expenditure rising or falling in North America?
- Over the last ten years it is up 62.1%. The long-run trend across the full record is volatile.
- Where does this North America data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.