Final consumption expenditure in United States of America
United States of America: Final consumption expenditure was 81.5% in 2024. ▲ Rising
Final consumption expenditure in United States of America, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
United States of America recorded 81.5% for final consumption expenditure in 2024.
Compared with earlier readings it is up 0.3% on the previous year and down 0.6% over ten years.
Over the whole period, final consumption expenditure in United States of America peaked at 85.1% in 2009 and was at its lowest, 75.7%, in 1979.
United States of America ranks 82nd of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Final consumption expenditure in United States of America, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 78.2% | — |
| 1971 | 78.0% | -0.2% |
| 1972 | 77.7% | -0.4% |
| 1973 | 76.4% | -1.7% |
| 1974 | 77.4% | +1.3% |
| 1975 | 78.8% | +1.8% |
| 1976 | 78.0% | -0.9% |
| 1977 | 77.6% | -0.6% |
| 1978 | 76.2% | -1.7% |
| 1979 | 75.7% | -0.7% |
| 1980 | 77.1% | +1.8% |
| 1981 | 76.1% | -1.3% |
| 1982 | 78.5% | +3.2% |
| 1983 | 79.2% | +0.8% |
| 1984 | 77.4% | -2.2% |
| 1985 | 78.4% | +1.3% |
| 1986 | 79.1% | +0.9% |
| 1987 | 79.4% | +0.3% |
| 1988 | 79.3% | -0.1% |
| 1989 | 79.0% | -0.3% |
| 1990 | 79.8% | +1.0% |
| 1991 | 80.4% | +0.7% |
| 1992 | 80.5% | +0.1% |
| 1993 | 80.6% | +0.1% |
| 1994 | 80.0% | -0.7% |
| 1995 | 79.9% | -0.1% |
| 1996 | 79.5% | -0.5% |
| 1997 | 78.8% | -0.9% |
| 1998 | 78.8% | +0.1% |
| 1999 | 79.3% | +0.6% |
| 2000 | 80.0% | +1.0% |
| 2001 | 81.4% | +1.7% |
| 2002 | 82.3% | +1.1% |
| 2003 | 82.8% | +0.6% |
| 2004 | 82.5% | -0.3% |
| 2005 | 82.3% | -0.3% |
| 2006 | 82.2% | -0.2% |
| 2007 | 82.5% | +0.5% |
| 2008 | 84.0% | +1.8% |
| 2009 | 85.1% | +1.4% |
| 2010 | 84.9% | -0.3% |
| 2011 | 84.7% | -0.2% |
| 2012 | 83.4% | -1.5% |
| 2013 | 82.5% | -1.2% |
| 2014 | 82.0% | -0.6% |
| 2015 | 81.5% | -0.7% |
| 2016 | 81.8% | +0.4% |
| 2017 | 81.6% | -0.2% |
| 2018 | 81.3% | -0.4% |
| 2019 | 81.0% | -0.4% |
| 2020 | 81.5% | +0.6% |
| 2021 | 82.2% | +0.9% |
| 2022 | 81.6% | -0.7% |
| 2023 | 81.3% | -0.4% |
| 2024 | 81.5% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 77.4% | 75.7% | 78.8% | 10 |
| 1980s | 78.4% | 76.1% | 79.4% | 10 |
| 1990s | 79.7% | 78.8% | 80.6% | 10 |
| 2000s | 82.5% | 80.0% | 85.1% | 10 |
| 2010s | 82.5% | 81.0% | 84.9% | 10 |
| 2020s | 81.6% | 81.3% | 82.2% | 5 |
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)
- Gross capital formation (constant 2015 US$), annual growth rate 3.49 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1748 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 15,061 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 6.58 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.1404 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 12,099 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 6.58 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.1404 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is final consumption expenditure in United States of America?
- Final consumption expenditure in United States of America was 81.5% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in United States of America?
- The highest recorded value was 85.1% in 2009.
- What is the lowest final consumption expenditure recorded in United States of America?
- The lowest recorded value was 75.7% in 1979.
- How does United States of America rank for final consumption expenditure?
- United States of America ranks 82nd out of 188 countries with data for 2024.
- Is final consumption expenditure rising or falling in United States of America?
- Over the last ten years it is down 0.6%. The long-run trend across the full record is rising.
- Where does this United States of America data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.