Gross national expenditure in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Gross national expenditure was 4.81 trillion constant 2015 US$ in 2024. ▲ Rising
Gross national expenditure in Europe & Central Asia (IDA & IBRD countries), 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Europe & Central Asia (IDA & IBRD countries) recorded 4.81 trillion constant 2015 US$ for gross national expenditure in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 5.1% on the previous year and up 29.6% over ten years.
Over the whole period, gross national expenditure in Europe & Central Asia (IDA & IBRD countries) peaked at 4.81 trillion constant 2015 US$ in 2024 and was at its lowest, 1.66 trillion constant 2015 US$, in 1999.
Europe & Central Asia (IDA & IBRD countries) ranks 23rd of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Gross national expenditure in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 1.74 trillion constant 2015 US$ | — |
| 1996 | 1.72 trillion constant 2015 US$ | -1.4% |
| 1997 | 1.77 trillion constant 2015 US$ | +2.8% |
| 1998 | 1.66 trillion constant 2015 US$ | -5.9% |
| 1999 | 1.66 trillion constant 2015 US$ | -0.2% |
| 2000 | 1.84 trillion constant 2015 US$ | +10.5% |
| 2001 | 1.96 trillion constant 2015 US$ | +6.9% |
| 2002 | 2.05 trillion constant 2015 US$ | +4.3% |
| 2003 | 2.19 trillion constant 2015 US$ | +6.9% |
| 2004 | 2.39 trillion constant 2015 US$ | +9.4% |
| 2005 | 2.58 trillion constant 2015 US$ | +8.0% |
| 2006 | 2.87 trillion constant 2015 US$ | +11.0% |
| 2007 | 3.24 trillion constant 2015 US$ | +13.0% |
| 2008 | 3.48 trillion constant 2015 US$ | +7.4% |
| 2009 | 3.09 trillion constant 2015 US$ | -11.1% |
| 2010 | 3.27 trillion constant 2015 US$ | +5.9% |
| 2011 | 3.51 trillion constant 2015 US$ | +7.3% |
| 2012 | 3.65 trillion constant 2015 US$ | +4.0% |
| 2013 | 3.70 trillion constant 2015 US$ | +1.2% |
| 2014 | 3.71 trillion constant 2015 US$ | +0.5% |
| 2015 | 3.56 trillion constant 2015 US$ | -4.1% |
| 2016 | 3.58 trillion constant 2015 US$ | +0.6% |
| 2017 | 3.75 trillion constant 2015 US$ | +4.8% |
| 2018 | 3.90 trillion constant 2015 US$ | +4.0% |
| 2019 | 4.05 trillion constant 2015 US$ | +3.8% |
| 2020 | 3.93 trillion constant 2015 US$ | -3.1% |
| 2021 | 4.26 trillion constant 2015 US$ | +8.4% |
| 2022 | 4.31 trillion constant 2015 US$ | +1.2% |
| 2023 | 4.58 trillion constant 2015 US$ | +6.1% |
| 2024 | 4.81 trillion constant 2015 US$ | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.71 trillion constant 2015 US$ | 1.66 trillion constant 2015 US$ | 1.77 trillion constant 2015 US$ | 5 |
| 2000s | 2.57 trillion constant 2015 US$ | 1.84 trillion constant 2015 US$ | 3.48 trillion constant 2015 US$ | 10 |
| 2010s | 3.67 trillion constant 2015 US$ | 3.27 trillion constant 2015 US$ | 4.05 trillion constant 2015 US$ | 10 |
| 2020s | 4.38 trillion constant 2015 US$ | 3.93 trillion constant 2015 US$ | 4.81 trillion constant 2015 US$ | 5 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
- 20 Argentina 626.49 billion constant 2015 US$ compare
- 21 Sweden 558.33 billion constant 2015 US$ compare
- 22 Egypt 540.48 billion constant 2015 US$ compare
- 23 Belgium 529.23 billion constant 2015 US$ compare
- 24 Philippines 511.50 billion constant 2015 US$ compare
- 25 Pakistan 490.73 billion constant 2015 US$ compare
- 26 Iran, Islamic Republic of 488.58 billion constant 2015 US$ compare
More economy & growth data for Europe & Central Asia (IDA & IBRD countries)
- Final consumption expenditure (constant 2015 US$), annual growth rate 3.45 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5.09 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4548 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,959 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 17.58 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7451 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 11,400 current US$ per person (2025)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.5591 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), per capita 8,554 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 17.21 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure in Europe & Central Asia (IDA & IBRD countries)?
- Gross national expenditure in Europe & Central Asia (IDA & IBRD countries) was 4.81 trillion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Europe & Central Asia (IDA & IBRD countries)?
- The highest recorded value was 4.81 trillion constant 2015 US$ in 2024.
- What is the lowest gross national expenditure recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 1.66 trillion constant 2015 US$ in 1999.
- How does Europe & Central Asia (IDA & IBRD countries) rank for gross national expenditure?
- Europe & Central Asia (IDA & IBRD countries) ranks 23rd out of 41 groups with data for 2024.
- Is gross national expenditure rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is up 29.6%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia (IDA & IBRD countries) data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross 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.