Gross national expenditure (constant 2015 US$), annual growth rate in World
World: Gross national expenditure (constant 2015 US$), annual growth rate was 2.75 % change on previous year in 2024. ◆ Volatile
Latest (2024)
2.75 % change on previous year
Change on year
up 1.2%
Rank
30th
of 41 groups
All-time high
6.81 % change on previous year
in 2021
All-time low
-3.12 % change on previous year
in 2020
Years of data
54
1971–2024
Gross national expenditure (constant 2015 US$), annual growth rate in World, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
World recorded 2.75 % change on previous year for gross national expenditure (constant 2015 us$), annual growth rate in 2024.
That represents a change of up 1.2% on the previous year and down 14.1% over ten years.
Over the whole period, gross national expenditure (constant 2015 us$), annual growth rate in World peaked at 6.81 % change on previous year in 2021 and was at its lowest, -3.12 % change on previous year, in 2020.
World ranks 30th of 41 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (constant 2015 US$), annual growth rate in World, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 3.94 % change on previous year | — |
| 1972 | 5.47 % change on previous year | +38.8% |
| 1973 | 6.16 % change on previous year | +12.8% |
| 1974 | 1.53 % change on previous year | -75.2% |
| 1975 | 0.7489 % change on previous year | -51.0% |
| 1976 | 5.3 % change on previous year | +608.1% |
| 1977 | 3.4 % change on previous year | -35.9% |
| 1978 | 3.9 % change on previous year | +14.8% |
| 1979 | 3.78 % change on previous year | -3.1% |
| 1980 | 1.55 % change on previous year | -59.0% |
| 1981 | 0.9629 % change on previous year | -37.8% |
| 1982 | 0.1935 % change on previous year | -79.9% |
| 1983 | 4.43 % change on previous year | +2189.1% |
| 1984 | 5.15 % change on previous year | +16.2% |
| 1985 | 4.83 % change on previous year | -6.2% |
| 1986 | 3.48 % change on previous year | -27.9% |
| 1987 | 2.7 % change on previous year | -22.4% |
| 1988 | 2.03 % change on previous year | -24.9% |
| 1989 | 3.94 % change on previous year | +94.4% |
| 1990 | 3.91 % change on previous year | -0.7% |
| 1991 | 0.3513 % change on previous year | -91.0% |
| 1992 | 1.34 % change on previous year | +280.7% |
| 1993 | 1.23 % change on previous year | -8.0% |
| 1994 | 3.69 % change on previous year | +199.5% |
| 1995 | 2.6 % change on previous year | -29.4% |
| 1996 | 2.16 % change on previous year | -17.0% |
| 1997 | 3.37 % change on previous year | +56.0% |
| 1998 | 1.65 % change on previous year | -51.0% |
| 1999 | 3.45 % change on previous year | +109.2% |
| 2000 | 4.16 % change on previous year | +20.5% |
| 2001 | 1.91 % change on previous year | -53.9% |
| 2002 | 3.59 % change on previous year | +87.4% |
| 2003 | 1.79 % change on previous year | -50.2% |
| 2004 | 5.43 % change on previous year | +203.8% |
| 2005 | 3.81 % change on previous year | -29.8% |
| 2006 | 4.67 % change on previous year | +22.4% |
| 2007 | 5.78 % change on previous year | +23.8% |
| 2008 | 1.91 % change on previous year | -66.9% |
| 2009 | -1.3 % change on previous year | -168.2% |
| 2010 | 4.74 % change on previous year | -463.0% |
| 2011 | 3.36 % change on previous year | -29.0% |
| 2012 | 2.52 % change on previous year | -25.1% |
| 2013 | 2.7 % change on previous year | +7.0% |
| 2014 | 3.2 % change on previous year | +18.7% |
| 2015 | 2.88 % change on previous year | -10.0% |
| 2016 | 2.84 % change on previous year | -1.3% |
| 2017 | 3.6 % change on previous year | +26.6% |
| 2018 | 3.48 % change on previous year | -3.3% |
| 2019 | 2.64 % change on previous year | -24.0% |
| 2020 | -3.12 % change on previous year | -217.9% |
| 2021 | 6.81 % change on previous year | -318.4% |
| 2022 | 3.61 % change on previous year | -47.0% |
| 2023 | 2.72 % change on previous year | -24.7% |
| 2024 | 2.75 % change on previous year | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.8 % change on previous year | 0.7489 % change on previous year | 6.16 % change on previous year | 9 |
| 1980s | 2.93 % change on previous year | 0.1935 % change on previous year | 5.15 % change on previous year | 10 |
| 1990s | 2.37 % change on previous year | 0.3513 % change on previous year | 3.91 % change on previous year | 10 |
| 2000s | 3.17 % change on previous year | -1.3 % change on previous year | 5.78 % change on previous year | 10 |
| 2010s | 3.2 % change on previous year | 2.52 % change on previous year | 4.74 % change on previous year | 10 |
| 2020s | 2.55 % change on previous year | -3.12 % change on previous year | 6.81 % change on previous year | 5 |
Countries ranked near World
- 27 Timor-Leste 7.4 % change on previous year compare
- 28 India 7.17 % change on previous year compare
- 29 Egypt 7.11 % change on previous year compare
- 30 Georgia 6.99 % change on previous year compare
- 31 Algeria 6.98 % change on previous year compare
- 32 Tanzania, United Republic of 6.94 % change on previous year compare
- 33 Cameroon 6.76 % change on previous year compare
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- Final consumption expenditure (constant 2015 US$), per capita 8,712 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 4.1 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 0.9941 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 13,636 current US$ per person (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.8627 constant 2015 US$ per US$ of GDP (2024)
- Gross national expenditure (constant 2015 US$), per capita 11,834 constant 2015 US$ per person (2024)
- Exports of goods and services (current US$), annual growth rate 7.45 % change on previous year (2025)
- Exports of goods and services (current US$), per unit of GDP 0.2948 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure (constant 2015 us$), annual growth rate in World?
- Gross national expenditure (constant 2015 us$), annual growth rate in World was 2.75 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant 2015 us$), annual growth rate recorded in World?
- The highest recorded value was 6.81 % change on previous year in 2021.
- What is the lowest gross national expenditure (constant 2015 us$), annual growth rate recorded in World?
- The lowest recorded value was -3.12 % change on previous year in 2020.
- How does World rank for gross national expenditure (constant 2015 us$), annual growth rate?
- World ranks 30th out of 41 groups with data for 2024.
- Is gross national expenditure (constant 2015 us$), annual growth rate rising or falling in World?
- Over the last ten years it is down 14.1%. The long-run trend across the full record is volatile.
- Where does this World data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
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
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.