Gross national expenditure in High income
High income: Gross national expenditure was 59.50 trillion constant 2015 US$ in 2024. ▲ Rising
Gross national expenditure in High income, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross national expenditure in High income is 59.50 trillion constant 2015 US$, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 2.0% on the previous year and up 22.9% over ten years.
Over the whole period, gross national expenditure in High income peaked at 59.50 trillion constant 2015 US$ in 2024 and was at its lowest, 15.85 trillion constant 2015 US$, in 1970.
That places High income 2nd out of 39 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross national expenditure in High income, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 15.85 trillion constant 2015 US$ | — |
| 1971 | 16.43 trillion constant 2015 US$ | +3.6% |
| 1972 | 17.30 trillion constant 2015 US$ | +5.3% |
| 1973 | 18.33 trillion constant 2015 US$ | +5.9% |
| 1974 | 18.39 trillion constant 2015 US$ | +0.3% |
| 1975 | 18.36 trillion constant 2015 US$ | -0.2% |
| 1976 | 19.29 trillion constant 2015 US$ | +5.1% |
| 1977 | 19.91 trillion constant 2015 US$ | +3.2% |
| 1978 | 20.73 trillion constant 2015 US$ | +4.1% |
| 1979 | 21.54 trillion constant 2015 US$ | +3.9% |
| 1980 | 21.65 trillion constant 2015 US$ | +0.5% |
| 1981 | 21.84 trillion constant 2015 US$ | +0.9% |
| 1982 | 21.93 trillion constant 2015 US$ | +0.4% |
| 1983 | 22.63 trillion constant 2015 US$ | +3.2% |
| 1984 | 23.65 trillion constant 2015 US$ | +4.5% |
| 1985 | 24.55 trillion constant 2015 US$ | +3.8% |
| 1986 | 25.53 trillion constant 2015 US$ | +4.0% |
| 1987 | 26.50 trillion constant 2015 US$ | +3.8% |
| 1988 | 27.78 trillion constant 2015 US$ | +4.8% |
| 1989 | 28.88 trillion constant 2015 US$ | +4.0% |
| 1990 | 29.72 trillion constant 2015 US$ | +2.9% |
| 1991 | 29.93 trillion constant 2015 US$ | +0.7% |
| 1992 | 30.21 trillion constant 2015 US$ | +1.0% |
| 1993 | 30.40 trillion constant 2015 US$ | +0.6% |
| 1994 | 31.28 trillion constant 2015 US$ | +2.9% |
| 1995 | 32.07 trillion constant 2015 US$ | +2.5% |
| 1996 | 33.02 trillion constant 2015 US$ | +3.0% |
| 1997 | 34.10 trillion constant 2015 US$ | +3.3% |
| 1998 | 35.07 trillion constant 2015 US$ | +2.8% |
| 1999 | 36.44 trillion constant 2015 US$ | +3.9% |
| 2000 | 38.03 trillion constant 2015 US$ | +4.3% |
| 2001 | 38.66 trillion constant 2015 US$ | +1.7% |
| 2002 | 39.31 trillion constant 2015 US$ | +1.7% |
| 2003 | 40.26 trillion constant 2015 US$ | +2.4% |
| 2004 | 41.63 trillion constant 2015 US$ | +3.4% |
| 2005 | 42.97 trillion constant 2015 US$ | +3.2% |
| 2006 | 44.37 trillion constant 2015 US$ | +3.3% |
| 2007 | 45.64 trillion constant 2015 US$ | +2.9% |
| 2008 | 45.81 trillion constant 2015 US$ | +0.4% |
| 2009 | 43.99 trillion constant 2015 US$ | -4.0% |
| 2010 | 45.29 trillion constant 2015 US$ | +2.9% |
| 2011 | 46.10 trillion constant 2015 US$ | +1.8% |
| 2012 | 46.61 trillion constant 2015 US$ | +1.1% |
| 2013 | 47.29 trillion constant 2015 US$ | +1.4% |
| 2014 | 48.40 trillion constant 2015 US$ | +2.4% |
| 2015 | 49.59 trillion constant 2015 US$ | +2.5% |
| 2016 | 50.46 trillion constant 2015 US$ | +1.7% |
| 2017 | 51.79 trillion constant 2015 US$ | +2.6% |
| 2018 | 53.07 trillion constant 2015 US$ | +2.5% |
| 2019 | 54.25 trillion constant 2015 US$ | +2.2% |
| 2020 | 52.16 trillion constant 2015 US$ | -3.9% |
| 2021 | 55.51 trillion constant 2015 US$ | +6.4% |
| 2022 | 57.45 trillion constant 2015 US$ | +3.5% |
| 2023 | 58.31 trillion constant 2015 US$ | +1.5% |
| 2024 | 59.50 trillion constant 2015 US$ | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.61 trillion constant 2015 US$ | 15.85 trillion constant 2015 US$ | 21.54 trillion constant 2015 US$ | 10 |
| 1980s | 24.49 trillion constant 2015 US$ | 21.65 trillion constant 2015 US$ | 28.88 trillion constant 2015 US$ | 10 |
| 1990s | 32.22 trillion constant 2015 US$ | 29.72 trillion constant 2015 US$ | 36.44 trillion constant 2015 US$ | 10 |
| 2000s | 42.07 trillion constant 2015 US$ | 38.03 trillion constant 2015 US$ | 45.81 trillion constant 2015 US$ | 10 |
| 2010s | 49.29 trillion constant 2015 US$ | 45.29 trillion constant 2015 US$ | 54.25 trillion constant 2015 US$ | 10 |
| 2020s | 56.59 trillion constant 2015 US$ | 52.16 trillion constant 2015 US$ | 59.50 trillion constant 2015 US$ | 5 |
Countries ranked near High income
More economy & growth data for High income
- Manufacturing, value added 12.0% (2024)
- External balance on goods and services 0.9% (2025)
- Trade 60.5% (2024)
- Agriculture, forestry, and fishing, value added 717.59 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added -0.3% (2024)
- Trade in services 16.0% (2025)
- Manufacturing, value added 8.09 trillion constant 2015 US$ (2024)
- Services, value added 43.80 trillion current US$ (2021)
- Industry (including construction), value added 21.3% (2024)
- Industry (including construction), value added -0.3% (2024)
Frequently asked questions
- What is gross national expenditure in High income?
- Gross national expenditure in High income was 59.50 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 High income?
- The highest recorded value was 59.50 trillion constant 2015 US$ in 2024.
- What is the lowest gross national expenditure recorded in High income?
- The lowest recorded value was 15.85 trillion constant 2015 US$ in 1970.
- How does High income rank for gross national expenditure?
- High income ranks 2nd out of 39 groups with data for 2024.
- Is gross national expenditure rising or falling in High income?
- Over the last ten years it is up 22.9%. The long-run trend across the full record is rising.
- Where does this High income 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.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.