Gross national expenditure (constant 2015 US$), annual growth rate in High income

High income: Gross national expenditure (constant 2015 US$), annual growth rate was 2.03 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.03 % change on previous year
Change on year
up 35.2%
Rank
39th
of 41 groups
All-time high
6.43 % change on previous year
in 2021
All-time low
-3.97 % change on previous year
in 2009
Years of data
54
1971–2024

Gross national expenditure (constant 2015 US$), annual growth rate in High income, 1971–2024

-5-2.502.557.5197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross national expenditure (constant 2015 us$), annual growth rate in High income stood at 2.03 % change on previous year.

The figure is up 35.2% on the previous year and down 13.8% over ten years.

Over the whole period, gross national expenditure (constant 2015 us$), annual growth rate in High income peaked at 6.43 % change on previous year in 2021 and was at its lowest, -3.97 % change on previous year, in 2009.

That places High income 39th out of 41 groups with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross national expenditure (constant 2015 US$), annual growth rate in High income, year by year

Annual values for Gross national expenditure (constant 2015 US$), annual growth rate in High income, 1971 to 2024.
Year % change on previous year Change
1971 3.63 % change on previous year
1972 5.32 % change on previous year +46.6%
1973 5.95 % change on previous year +11.7%
1974 0.3453 % change on previous year -94.2%
1975 -0.1544 % change on previous year -144.7%
1976 5.05 % change on previous year -3372.7%
1977 3.21 % change on previous year -36.5%
1978 4.1 % change on previous year +27.8%
1979 3.94 % change on previous year -4.0%
1980 0.4716 % change on previous year -88.0%
1981 0.8791 % change on previous year +86.4%
1982 0.4122 % change on previous year -53.1%
1983 3.19 % change on previous year +674.9%
1984 4.54 % change on previous year +42.3%
1985 3.79 % change on previous year -16.6%
1986 3.97 % change on previous year +4.7%
1987 3.83 % change on previous year -3.6%
1988 4.82 % change on previous year +25.9%
1989 3.97 % change on previous year -17.7%
1990 2.89 % change on previous year -27.0%
1991 0.7002 % change on previous year -75.8%
1992 0.9607 % change on previous year +37.2%
1993 0.6123 % change on previous year -36.3%
1994 2.91 % change on previous year +374.9%
1995 2.52 % change on previous year -13.2%
1996 2.97 % change on previous year +17.7%
1997 3.25 % change on previous year +9.6%
1998 2.84 % change on previous year -12.7%
1999 3.92 % change on previous year +38.1%
2000 4.35 % change on previous year +10.8%
2001 1.66 % change on previous year -61.7%
2002 1.69 % change on previous year +1.4%
2003 2.41 % change on previous year +43.0%
2004 3.41 % change on previous year +41.5%
2005 3.2 % change on previous year -6.3%
2006 3.27 % change on previous year +2.2%
2007 2.87 % change on previous year -12.3%
2008 0.3731 % change on previous year -87.0%
2009 -3.97 % change on previous year -1163.8%
2010 2.94 % change on previous year -174.0%
2011 1.8 % change on previous year -38.6%
2012 1.1 % change on previous year -39.1%
2013 1.45 % change on previous year +31.8%
2014 2.36 % change on previous year +62.7%
2015 2.46 % change on previous year +4.1%
2016 1.75 % change on previous year -28.8%
2017 2.64 % change on previous year +51.1%
2018 2.47 % change on previous year -6.7%
2019 2.23 % change on previous year -9.5%
2020 -3.86 % change on previous year -272.9%
2021 6.43 % change on previous year -266.5%
2022 3.49 % change on previous year -45.6%
2023 1.5 % change on previous year -57.0%
2024 2.03 % change on previous year +35.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.49 % change on previous year -0.1544 % change on previous year 5.95 % change on previous year 9
1980s 2.99 % change on previous year 0.4122 % change on previous year 4.82 % change on previous year 10
1990s 2.36 % change on previous year 0.6123 % change on previous year 3.92 % change on previous year 10
2000s 1.93 % change on previous year -3.97 % change on previous year 4.35 % change on previous year 10
2010s 2.12 % change on previous year 1.1 % change on previous year 2.94 % change on previous year 10
2020s 1.92 % change on previous year -3.86 % change on previous year 6.43 % change on previous year 5

Countries ranked near High income

  1. 36 Latvia 6.59 % change on previous year compare
  2. 37 Albania 6.47 % change on previous year compare
  3. 38 Sri Lanka 6.39 % change on previous year compare
  4. 39 Mauritania 6.31 % change on previous year compare
  5. 40 Malaysia 6.25 % change on previous year compare
  6. 41 Botswana 6.17 % change on previous year compare
  7. 42 Lithuania 5.95 % change on previous year compare

See the full ranking of 204 places →

More economy & growth data for High income

All data for High income →

Frequently asked questions

What is gross national expenditure (constant 2015 us$), annual growth rate in High income?
Gross national expenditure (constant 2015 us$), annual growth rate in High income was 2.03 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross national expenditure (constant 2015 us$), annual growth rate recorded in High income?
The highest recorded value was 6.43 % change on previous year in 2021.
What is the lowest gross national expenditure (constant 2015 us$), annual growth rate recorded in High income?
The lowest recorded value was -3.97 % change on previous year in 2009.
How does High income rank for gross national expenditure (constant 2015 us$), annual growth rate?
High income ranks 39th out of 41 groups with data for 2024.
Is gross national expenditure (constant 2015 us$), annual growth rate rising or falling in High income?
Over the last ten years it is down 13.8%. The long-run trend across the full record is volatile.
Where does this High income data come from?
The figures come from Statizoid (derived), published as part of Gross national expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross national expenditure (constant 2015 US$), annual growth rate in High income. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-constant-2015-us-annual-growth-rate/high-income/

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How this figure is calculated

The year-on-year percentage change in Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross national expenditure (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
204 places, 8,205 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.