General government final consumption expenditure in North America
North America: General government final consumption expenditure was 3.44 trillion constant 2015 US$ in 2024. ▲ Rising
General government final consumption expenditure in North America, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, general government final consumption expenditure in North America stood at 3.44 trillion constant 2015 US$. That is the highest value across all 55 years on record.
The figure is up 3.3% on the previous year and up 19.5% over ten years.
Over the whole period, general government final consumption expenditure in North America peaked at 3.44 trillion constant 2015 US$ in 2024 and was at its lowest, 1.51 trillion constant 2015 US$, in 1970.
North America ranks 6th of 31 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
General government final consumption expenditure in North America, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 1.51 trillion constant 2015 US$ | — |
| 1971 | 1.52 trillion constant 2015 US$ | +0.4% |
| 1972 | 1.53 trillion constant 2015 US$ | +0.6% |
| 1973 | 1.52 trillion constant 2015 US$ | -0.3% |
| 1974 | 1.56 trillion constant 2015 US$ | +2.5% |
| 1975 | 1.61 trillion constant 2015 US$ | +2.8% |
| 1976 | 1.61 trillion constant 2015 US$ | +0.2% |
| 1977 | 1.64 trillion constant 2015 US$ | +2.0% |
| 1978 | 1.67 trillion constant 2015 US$ | +1.7% |
| 1979 | 1.68 trillion constant 2015 US$ | +0.8% |
| 1980 | 1.71 trillion constant 2015 US$ | +1.6% |
| 1981 | 1.74 trillion constant 2015 US$ | +1.6% |
| 1982 | 1.78 trillion constant 2015 US$ | +2.2% |
| 1983 | 1.83 trillion constant 2015 US$ | +2.8% |
| 1984 | 1.85 trillion constant 2015 US$ | +1.6% |
| 1985 | 1.94 trillion constant 2015 US$ | +4.7% |
| 1986 | 2.02 trillion constant 2015 US$ | +4.3% |
| 1987 | 2.06 trillion constant 2015 US$ | +1.9% |
| 1988 | 2.11 trillion constant 2015 US$ | +2.1% |
| 1989 | 2.17 trillion constant 2015 US$ | +3.0% |
| 1990 | 2.23 trillion constant 2015 US$ | +2.8% |
| 1991 | 2.27 trillion constant 2015 US$ | +1.8% |
| 1992 | 2.29 trillion constant 2015 US$ | +0.7% |
| 1993 | 2.28 trillion constant 2015 US$ | -0.1% |
| 1994 | 2.29 trillion constant 2015 US$ | +0.3% |
| 1995 | 2.30 trillion constant 2015 US$ | +0.1% |
| 1996 | 2.30 trillion constant 2015 US$ | +0.2% |
| 1997 | 2.34 trillion constant 2015 US$ | +1.6% |
| 1998 | 2.38 trillion constant 2015 US$ | +1.9% |
| 1999 | 2.44 trillion constant 2015 US$ | +2.7% |
| 2000 | 2.49 trillion constant 2015 US$ | +1.7% |
| 2001 | 2.57 trillion constant 2015 US$ | +3.5% |
| 2002 | 2.67 trillion constant 2015 US$ | +3.7% |
| 2003 | 2.72 trillion constant 2015 US$ | +1.8% |
| 2004 | 2.76 trillion constant 2015 US$ | +1.6% |
| 2005 | 2.78 trillion constant 2015 US$ | +0.8% |
| 2006 | 2.82 trillion constant 2015 US$ | +1.4% |
| 2007 | 2.87 trillion constant 2015 US$ | +1.7% |
| 2008 | 2.94 trillion constant 2015 US$ | +2.6% |
| 2009 | 3.06 trillion constant 2015 US$ | +4.1% |
| 2010 | 3.07 trillion constant 2015 US$ | +0.2% |
| 2011 | 2.99 trillion constant 2015 US$ | -2.6% |
| 2012 | 2.95 trillion constant 2015 US$ | -1.2% |
| 2013 | 2.90 trillion constant 2015 US$ | -1.8% |
| 2014 | 2.88 trillion constant 2015 US$ | -0.7% |
| 2015 | 2.93 trillion constant 2015 US$ | +1.7% |
| 2016 | 2.98 trillion constant 2015 US$ | +1.8% |
| 2017 | 2.99 trillion constant 2015 US$ | +0.2% |
| 2018 | 3.03 trillion constant 2015 US$ | +1.6% |
| 2019 | 3.14 trillion constant 2015 US$ | +3.6% |
| 2020 | 3.23 trillion constant 2015 US$ | +2.8% |
| 2021 | 3.27 trillion constant 2015 US$ | +1.1% |
| 2022 | 3.24 trillion constant 2015 US$ | -0.8% |
| 2023 | 3.33 trillion constant 2015 US$ | +2.9% |
| 2024 | 3.44 trillion constant 2015 US$ | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.58 trillion constant 2015 US$ | 1.51 trillion constant 2015 US$ | 1.68 trillion constant 2015 US$ | 10 |
| 1980s | 1.92 trillion constant 2015 US$ | 1.71 trillion constant 2015 US$ | 2.17 trillion constant 2015 US$ | 10 |
| 1990s | 2.31 trillion constant 2015 US$ | 2.23 trillion constant 2015 US$ | 2.44 trillion constant 2015 US$ | 10 |
| 2000s | 2.77 trillion constant 2015 US$ | 2.49 trillion constant 2015 US$ | 3.06 trillion constant 2015 US$ | 10 |
| 2010s | 2.99 trillion constant 2015 US$ | 2.88 trillion constant 2015 US$ | 3.14 trillion constant 2015 US$ | 10 |
| 2020s | 3.30 trillion constant 2015 US$ | 3.23 trillion constant 2015 US$ | 3.44 trillion constant 2015 US$ | 5 |
Countries ranked near North America
- 3 Germany 833.98 billion constant 2015 US$ compare
- 4 United Kingdom 683.00 billion constant 2015 US$ compare
- 5 France 677.30 billion constant 2015 US$ compare
- 6 Canada 421.77 billion constant 2015 US$ compare
- 7 Australia 418.83 billion constant 2015 US$ compare
- 8 Brazil 394.09 billion constant 2015 US$ compare
- 9 Italy 381.64 billion constant 2015 US$ compare
More economy & growth data for North America
- Industry (including construction), value added 4.69 trillion current US$ (2021)
- Imports of goods and services 5.0% (2024)
- Imports of goods and services 15.4% (2024)
- External balance on goods and services -2.8% (2024)
- Trade 28.5% (2024)
- Manufacturing, value added 2.69 trillion current US$ (2021)
- Trade in services 7.5% (2025)
- Gross value added at basic prices (GVA) 24.38 trillion current US$ (2021)
- Inflation, GDP deflator 2.7% (2025)
- Services, value added 75.5% (2021)
Frequently asked questions
- What is general government final consumption expenditure in North America?
- General government final consumption expenditure in North America was 3.44 trillion constant 2015 US$ 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 North America?
- The highest recorded value was 3.44 trillion constant 2015 US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in North America?
- The lowest recorded value was 1.51 trillion constant 2015 US$ in 1970.
- How does North America rank for general government final consumption expenditure?
- North America ranks 6th out of 31 groups with data for 2024.
- Is general government final consumption expenditure rising or falling in North America?
- Over the last ten years it is up 19.5%. The long-run trend across the full record is rising.
- Where does this North 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.