Gross national expenditure (constant 2015 US$), annual growth rate in OECD members

OECD members: Gross national expenditure (constant 2015 US$), annual growth rate was 1.84 % change on previous year in 2024. ◆ Volatile

Latest (2024)
1.84 % change on previous year
Change on year
up 56.1%
Rank
41st
of 41 groups
All-time high
6.33 % change on previous year
in 2021
All-time low
-3.97 % change on previous year
in 2020
Years of data
54
1971–2024

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

-5-2.502.557.5197119972024

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

Analysis

OECD members recorded 1.84 % change on previous year for gross national expenditure (constant 2015 us$), annual growth rate in 2024.

Compared with earlier readings it is up 56.1% on the previous year and down 20.2% over ten years.

Over the whole period, gross national expenditure (constant 2015 us$), annual growth rate in OECD members peaked at 6.33 % change on previous year in 2021 and was at its lowest, -3.97 % change on previous year, in 2020.

That places OECD members 41st 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 OECD members, year by year

Annual values for Gross national expenditure (constant 2015 US$), annual growth rate in OECD members, 1971 to 2024.
Year % change on previous year Change
1971 3.6 % change on previous year
1972 5.38 % change on previous year +49.2%
1973 6 % change on previous year +11.7%
1974 0.5057 % change on previous year -91.6%
1975 -0.0563 % change on previous year -111.1%
1976 4.88 % change on previous year -8753.9%
1977 3.24 % change on previous year -33.6%
1978 4.21 % change on previous year +30.0%
1979 4.06 % change on previous year -3.6%
1980 0.7298 % change on previous year -82.0%
1981 1.16 % change on previous year +59.4%
1982 0.1235 % change on previous year -89.4%
1983 2.79 % change on previous year +2158.3%
1984 4.5 % change on previous year +61.4%
1985 3.83 % change on previous year -15.0%
1986 3.7 % change on previous year -3.2%
1987 3.67 % change on previous year -1.0%
1988 4.71 % change on previous year +28.5%
1989 3.94 % change on previous year -16.3%
1990 2.94 % change on previous year -25.5%
1991 1.02 % change on previous year -65.3%
1992 2.14 % change on previous year +109.8%
1993 1.04 % change on previous year -51.2%
1994 3.45 % change on previous year +230.7%
1995 2.3 % change on previous year -33.4%
1996 3.09 % change on previous year +34.4%
1997 3.35 % change on previous year +8.5%
1998 3.24 % change on previous year -3.1%
1999 4.01 % change on previous year +23.5%
2000 4.17 % change on previous year +4.1%
2001 1.55 % change on previous year -62.9%
2002 1.56 % change on previous year +0.8%
2003 2.27 % change on previous year +45.1%
2004 3.07 % change on previous year +35.2%
2005 2.94 % change on previous year -4.0%
2006 2.88 % change on previous year -2.0%
2007 2.29 % change on previous year -20.5%
2008 -0.1079 % change on previous year -104.7%
2009 -3.66 % change on previous year +3289.6%
2010 2.88 % change on previous year -178.8%
2011 1.52 % change on previous year -47.3%
2012 0.8811 % change on previous year -42.0%
2013 1.33 % change on previous year +51.4%
2014 2.31 % change on previous year +73.0%
2015 2.83 % change on previous year +22.7%
2016 1.92 % change on previous year -32.0%
2017 2.51 % change on previous year +30.6%
2018 2.43 % change on previous year -3.4%
2019 2.05 % change on previous year -15.5%
2020 -3.97 % change on previous year -293.5%
2021 6.33 % change on previous year -259.7%
2022 3.39 % change on previous year -46.4%
2023 1.18 % change on previous year -65.2%
2024 1.84 % change on previous year +56.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.53 % change on previous year -0.0563 % change on previous year 6 % change on previous year 9
1980s 2.92 % change on previous year 0.1235 % change on previous year 4.71 % change on previous year 10
1990s 2.66 % change on previous year 1.02 % change on previous year 4.01 % change on previous year 10
2000s 1.7 % change on previous year -3.66 % change on previous year 4.17 % change on previous year 10
2010s 2.07 % change on previous year 0.8811 % change on previous year 2.88 % change on previous year 10
2020s 1.76 % change on previous year -3.97 % change on previous year 6.33 % change on previous year 5

Countries ranked near OECD members

  1. 38 Sri Lanka 6.39 % change on previous year compare
  2. 39 Mauritania 6.31 % change on previous year compare
  3. 40 Malaysia 6.25 % change on previous year compare
  4. 41 Botswana 6.17 % change on previous year compare
  5. 42 Lithuania 5.95 % change on previous year compare
  6. 43 Cape Verde 5.91 % change on previous year compare
  7. 44 Ghana 5.84 % change on previous year compare

See the full ranking of 204 places →

More economy & growth data for OECD members

All data for OECD members →

Frequently asked questions

What is gross national expenditure (constant 2015 us$), annual growth rate in OECD members?
Gross national expenditure (constant 2015 us$), annual growth rate in OECD members was 1.84 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross national expenditure (constant 2015 us$), annual growth rate recorded in OECD members?
The highest recorded value was 6.33 % change on previous year in 2021.
What is the lowest gross national expenditure (constant 2015 us$), annual growth rate recorded in OECD members?
The lowest recorded value was -3.97 % change on previous year in 2020.
How does OECD members rank for gross national expenditure (constant 2015 us$), annual growth rate?
OECD members ranks 41st out of 41 groups with data for 2024.
Is gross national expenditure (constant 2015 us$), annual growth rate rising or falling in OECD members?
Over the last ten years it is down 20.2%. The long-run trend across the full record is volatile.
Where does this OECD members 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 OECD members. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-constant-2015-us-annual-growth-rate/oecd-members/

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<a href="https://economy.statizoid.com/stat/gross-national-expenditure-constant-2015-us-annual-growth-rate/oecd-members/">Gross national expenditure (constant 2015 US$), annual growth rate in OECD members</a> — Statizoid

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.