Gross national expenditure in Low & middle income
Low & middle income: Gross national expenditure was 38.54 trillion constant 2015 US$ in 2025. ▲ Rising
Gross national expenditure in Low & middle income, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross national expenditure in Low & middle income stood at 38.54 trillion constant 2015 US$. That is the highest value across all 31 years on record.
The figure is up 3.9% on the previous year and up 50.1% over ten years.
Over the whole period, gross national expenditure in Low & middle income peaked at 38.54 trillion constant 2015 US$ in 2025 and was at its lowest, 8.54 trillion constant 2015 US$, in 1996.
That places Low & middle income 6th out of 39 groups with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Gross national expenditure in Low & middle income, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 8.64 trillion constant 2015 US$ | — |
| 1996 | 8.54 trillion constant 2015 US$ | -1.1% |
| 1997 | 8.87 trillion constant 2015 US$ | +3.8% |
| 1998 | 8.58 trillion constant 2015 US$ | -3.3% |
| 1999 | 8.70 trillion constant 2015 US$ | +1.4% |
| 2000 | 8.98 trillion constant 2015 US$ | +3.3% |
| 2001 | 9.26 trillion constant 2015 US$ | +3.1% |
| 2002 | 10.39 trillion constant 2015 US$ | +12.2% |
| 2003 | 10.31 trillion constant 2015 US$ | -0.8% |
| 2004 | 11.74 trillion constant 2015 US$ | +13.9% |
| 2005 | 12.47 trillion constant 2015 US$ | +6.2% |
| 2006 | 13.70 trillion constant 2015 US$ | +9.9% |
| 2007 | 15.88 trillion constant 2015 US$ | +15.9% |
| 2008 | 16.94 trillion constant 2015 US$ | +6.7% |
| 2009 | 18.02 trillion constant 2015 US$ | +6.4% |
| 2010 | 19.72 trillion constant 2015 US$ | +9.4% |
| 2011 | 21.13 trillion constant 2015 US$ | +7.2% |
| 2012 | 22.36 trillion constant 2015 US$ | +5.8% |
| 2013 | 23.57 trillion constant 2015 US$ | +5.4% |
| 2014 | 24.75 trillion constant 2015 US$ | +5.0% |
| 2015 | 25.68 trillion constant 2015 US$ | +3.8% |
| 2016 | 26.98 trillion constant 2015 US$ | +5.1% |
| 2017 | 28.46 trillion constant 2015 US$ | +5.5% |
| 2018 | 30.00 trillion constant 2015 US$ | +5.4% |
| 2019 | 31.02 trillion constant 2015 US$ | +3.4% |
| 2020 | 30.48 trillion constant 2015 US$ | -1.7% |
| 2021 | 32.77 trillion constant 2015 US$ | +7.5% |
| 2022 | 34.02 trillion constant 2015 US$ | +3.8% |
| 2023 | 35.67 trillion constant 2015 US$ | +4.9% |
| 2024 | 37.09 trillion constant 2015 US$ | +4.0% |
| 2025 | 38.54 trillion constant 2015 US$ | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.66 trillion constant 2015 US$ | 8.54 trillion constant 2015 US$ | 8.87 trillion constant 2015 US$ | 5 |
| 2000s | 12.77 trillion constant 2015 US$ | 8.98 trillion constant 2015 US$ | 18.02 trillion constant 2015 US$ | 10 |
| 2010s | 25.37 trillion constant 2015 US$ | 19.72 trillion constant 2015 US$ | 31.02 trillion constant 2015 US$ | 10 |
| 2020s | 34.76 trillion constant 2015 US$ | 30.48 trillion constant 2015 US$ | 38.54 trillion constant 2015 US$ | 6 |
Countries ranked near Low & middle income
- 3 Japan 4.69 trillion constant 2015 US$ compare
- 4 India 3.74 trillion constant 2015 US$ compare
- 5 Germany 3.62 trillion constant 2015 US$ compare
- 6 United Kingdom of Great Britain and Northern Ireland 3.41 trillion constant 2015 US$ compare
- 7 France 2.73 trillion constant 2015 US$ compare
- 8 Brazil 2.08 trillion constant 2015 US$ compare
- 9 Italy 2.02 trillion constant 2015 US$ compare
More economy & growth data for Low & middle income
- Services, value added 23.90 trillion current US$ (2025)
- Agriculture, forestry, and fishing, value added 3.4% (2025)
- Trade in services 8.2% (2025)
- Manufacturing, value added 20.1% (2025)
- Industry (including construction), value added 13.41 trillion current US$ (2025)
- Industry (including construction), value added 12.99 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 4.2% (2025)
- Industry (including construction), value added 32.3% (2025)
- GDP 41.48 trillion current US$ (2025)
- Inflation, GDP deflator 4.3% (2025)
Frequently asked questions
- What is gross national expenditure in Low & middle income?
- Gross national expenditure in Low & middle income was 38.54 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Low & middle income?
- The highest recorded value was 38.54 trillion constant 2015 US$ in 2025.
- What is the lowest gross national expenditure recorded in Low & middle income?
- The lowest recorded value was 8.54 trillion constant 2015 US$ in 1996.
- How does Low & middle income rank for gross national expenditure?
- Low & middle income ranks 6th out of 39 groups with data for 2025.
- Is gross national expenditure rising or falling in Low & middle income?
- Over the last ten years it is up 50.1%. The long-run trend across the full record is rising.
- Where does this Low & middle 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.
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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.