General government final consumption expenditure in United States of America
United States of America: General government final consumption expenditure was 3.3% in 2024. ◆ Volatile
General government final consumption expenditure in United States of America, 1971–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for general government final consumption expenditure in United States of America is 3.3%, measured in 2024.
Compared with earlier readings it is up 10.1% on the previous year and up 492.4% over ten years.
Over the whole period, general government final consumption expenditure in United States of America peaked at 4.8% in 1985 and was at its lowest, -3.1%, in 2011.
United States of America ranks 70th of 174 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in United States of America, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1971 | 0.1% | — |
| 1972 | 0.3% | +322.9% |
| 1973 | -0.9% | -349.0% |
| 1974 | 2.2% | -352.1% |
| 1975 | 2.4% | +12.9% |
| 1976 | 0.0% | -100.0% |
| 1977 | 1.8% | +261718.2% |
| 1978 | 1.8% | +0.1% |
| 1979 | 0.8% | -57.0% |
| 1980 | 1.5% | +96.0% |
| 1981 | 1.6% | +6.9% |
| 1982 | 2.3% | +45.4% |
| 1983 | 3.0% | +29.8% |
| 1984 | 1.5% | -50.5% |
| 1985 | 4.8% | +220.9% |
| 1986 | 4.6% | -4.6% |
| 1987 | 2.0% | -57.3% |
| 1988 | 2.0% | +1.4% |
| 1989 | 3.1% | +54.8% |
| 1990 | 2.7% | -10.7% |
| 1991 | 1.7% | -36.4% |
| 1992 | 0.7% | -62.7% |
| 1993 | -0.1% | -108.5% |
| 1994 | 0.5% | -1036.2% |
| 1995 | 0.3% | -47.4% |
| 1996 | 0.5% | +65.5% |
| 1997 | 1.8% | +307.2% |
| 1998 | 1.9% | +1.9% |
| 1999 | 2.8% | +47.0% |
| 2000 | 1.5% | -44.2% |
| 2001 | 3.6% | +131.6% |
| 2002 | 3.8% | +8.2% |
| 2003 | 1.7% | -55.4% |
| 2004 | 1.5% | -11.0% |
| 2005 | 0.8% | -45.9% |
| 2006 | 1.2% | +46.1% |
| 2007 | 1.6% | +31.8% |
| 2008 | 2.4% | +53.7% |
| 2009 | 4.2% | +73.9% |
| 2010 | 0.0% | -99.9% |
| 2011 | -3.1% | -71913.8% |
| 2012 | -1.5% | -52.6% |
| 2013 | -1.9% | +32.0% |
| 2014 | -0.8% | -56.9% |
| 2015 | 1.7% | -309.5% |
| 2016 | 1.8% | +0.8% |
| 2017 | -0.1% | -104.3% |
| 2018 | 1.4% | -1962.3% |
| 2019 | 3.9% | +182.0% |
| 2020 | 3.0% | -22.8% |
| 2021 | 0.5% | -83.6% |
| 2022 | -1.3% | -365.9% |
| 2023 | 3.0% | -324.5% |
| 2024 | 3.3% | +10.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9% | -0.9% | 2.4% | 9 |
| 1980s | 2.6% | 1.5% | 4.8% | 10 |
| 1990s | 1.3% | -0.1% | 2.8% | 10 |
| 2000s | 2.3% | 0.8% | 4.2% | 10 |
| 2010s | 0.1% | -3.1% | 3.9% | 10 |
| 2020s | 1.7% | -1.3% | 3.3% | 5 |
Countries ranked near United States of America
- 67 United Arab Emirates 3.6% compare
- 68 Peru 3.4% compare
- 69 Mauritania 3.3% compare
- 71 Sierra Leone 3.2% compare
- 72 Lesotho 3.2% compare
- 73 Serbia 3.1% 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)
- Gross capital formation (current US$), annual growth rate 5.16 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2153 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 18,554 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 5.16 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.2153 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 18,554 current LCU per person (2024)
- 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)
Frequently asked questions
- What is general government final consumption expenditure in United States of America?
- General government final consumption expenditure in United States of America was 3.3% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in United States of America?
- The highest recorded value was 4.8% in 1985.
- What is the lowest general government final consumption expenditure recorded in United States of America?
- The lowest recorded value was -3.1% in 2011.
- How does United States of America rank for general government final consumption expenditure?
- United States of America ranks 70th out of 174 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in United States of America?
- Over the last ten years it is up 492.4%. The long-run trend across the full record is volatile.
- 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 General government final consumption expenditure (annual % growth). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.