General government final consumption expenditure in North America
North America: General government final consumption expenditure was 4.48 trillion current US$ in 2024. ◆ Volatile
General government final consumption expenditure in North America, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, general government final consumption expenditure in North America stood at 4.48 trillion current US$. That is the highest value across all 55 years on record.
The figure is up 6.1% on the previous year and up 52.9% over ten years.
Over the whole period, general government final consumption expenditure in North America peaked at 4.48 trillion current US$ in 2024 and was at its lowest, 211.36 billion current US$, in 1970.
North America ranks 13th of 41 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in North America, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 211.36 billion current US$ | — |
| 1971 | 230.07 billion current US$ | +8.8% |
| 1972 | 249.48 billion current US$ | +8.4% |
| 1973 | 266.09 billion current US$ | +6.7% |
| 1974 | 298.71 billion current US$ | +12.3% |
| 1975 | 335.78 billion current US$ | +12.4% |
| 1976 | 360.58 billion current US$ | +7.4% |
| 1977 | 389.45 billion current US$ | +8.0% |
| 1978 | 419.48 billion current US$ | +7.7% |
| 1979 | 457.09 billion current US$ | +9.0% |
| 1980 | 512.92 billion current US$ | +12.2% |
| 1981 | 572.98 billion current US$ | +11.7% |
| 1982 | 626.94 billion current US$ | +9.4% |
| 1983 | 673.10 billion current US$ | +7.4% |
| 1984 | 713.56 billion current US$ | +6.0% |
| 1985 | 771.65 billion current US$ | +8.1% |
| 1986 | 821.99 billion current US$ | +6.5% |
| 1987 | 870.32 billion current US$ | +5.9% |
| 1988 | 928.34 billion current US$ | +6.7% |
| 1989 | 1.00 trillion current US$ | +8.0% |
| 1990 | 1.08 trillion current US$ | +8.0% |
| 1991 | 1.15 trillion current US$ | +6.4% |
| 1992 | 1.19 trillion current US$ | +3.6% |
| 1993 | 1.21 trillion current US$ | +1.5% |
| 1994 | 1.24 trillion current US$ | +2.3% |
| 1995 | 1.27 trillion current US$ | +2.7% |
| 1996 | 1.30 trillion current US$ | +2.4% |
| 1997 | 1.35 trillion current US$ | +3.6% |
| 1998 | 1.39 trillion current US$ | +3.2% |
| 1999 | 1.48 trillion current US$ | +6.4% |
| 2000 | 1.58 trillion current US$ | +6.6% |
| 2001 | 1.68 trillion current US$ | +6.5% |
| 2002 | 1.80 trillion current US$ | +6.8% |
| 2003 | 1.93 trillion current US$ | +7.1% |
| 2004 | 2.05 trillion current US$ | +6.6% |
| 2005 | 2.19 trillion current US$ | +6.6% |
| 2006 | 2.33 trillion current US$ | +6.5% |
| 2007 | 2.48 trillion current US$ | +6.6% |
| 2008 | 2.66 trillion current US$ | +7.2% |
| 2009 | 2.74 trillion current US$ | +2.8% |
| 2010 | 2.86 trillion current US$ | +4.5% |
| 2011 | 2.89 trillion current US$ | +1.1% |
| 2012 | 2.90 trillion current US$ | +0.3% |
| 2013 | 2.91 trillion current US$ | +0.4% |
| 2014 | 2.93 trillion current US$ | +0.5% |
| 2015 | 2.93 trillion current US$ | +0.0% |
| 2016 | 2.98 trillion current US$ | +1.6% |
| 2017 | 3.06 trillion current US$ | +2.8% |
| 2018 | 3.22 trillion current US$ | +5.2% |
| 2019 | 3.37 trillion current US$ | +4.8% |
| 2020 | 3.56 trillion current US$ | +5.4% |
| 2021 | 3.81 trillion current US$ | +7.1% |
| 2022 | 4.01 trillion current US$ | +5.3% |
| 2023 | 4.22 trillion current US$ | +5.3% |
| 2024 | 4.48 trillion current US$ | +6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 321.81 billion current US$ | 211.36 billion current US$ | 457.09 billion current US$ | 10 |
| 1980s | 749.48 billion current US$ | 512.92 billion current US$ | 1.00 trillion current US$ | 10 |
| 1990s | 1.27 trillion current US$ | 1.08 trillion current US$ | 1.48 trillion current US$ | 10 |
| 2000s | 2.14 trillion current US$ | 1.58 trillion current US$ | 2.74 trillion current US$ | 10 |
| 2010s | 3.00 trillion current US$ | 2.86 trillion current US$ | 3.37 trillion current US$ | 10 |
| 2020s | 4.02 trillion current US$ | 3.56 trillion current US$ | 4.48 trillion current US$ | 5 |
Countries ranked near North America
- 10 Brazil 436.24 billion current US$ compare
- 11 India 426.05 billion current US$ compare
- 12 Australia 416.33 billion current US$ compare
- 13 Spain 366.08 billion current US$ compare
- 14 Netherlands 344.80 billion current US$ compare
- 15 Republic of Korea 330.43 billion current US$ compare
- 16 Saudi Arabia 263.17 billion current US$ compare
More economy & growth data for North America
- Imports of goods and services 15.4% (2024)
- Gross capital formation 5.52 trillion constant 2015 US$ (2024)
- Gross capital formation 3.2% (2024)
- Gross capital formation 21.6% (2024)
- Imports of goods and services 4.86 trillion current US$ (2024)
- Trade in services 7.5% (2025)
- Imports of goods and services 5.0% (2024)
- Manufacturing, value added 2.69 trillion current US$ (2021)
- Industry (including construction), value added 4.69 trillion current US$ (2021)
- Manufacturing, value added 10.4% (2021)
Frequently asked questions
- What is general government final consumption expenditure in North America?
- General government final consumption expenditure in North America was 4.48 trillion current 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 4.48 trillion current US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in North America?
- The lowest recorded value was 211.36 billion current US$ in 1970.
- How does North America rank for general government final consumption expenditure?
- North America ranks 13th out of 41 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 52.9%. 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 Organizations and/or Central Banks, published as part of General government final consumption expenditure (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.