Gross national expenditure in OECD members
OECD members: Gross national expenditure was 56.77 trillion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
56.77 trillion constant 2015 US$
Change on year
up 1.8%
Rank
3rd
of 39 groups
All-time high
56.77 trillion constant 2015 US$
in 2024
All-time low
15.26 trillion constant 2015 US$
in 1970
Years of data
55
1970–2024
Gross national expenditure in OECD members, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross national expenditure in OECD members is 56.77 trillion constant 2015 US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 1.8% on the previous year and up 22.2% over ten years.
Over the whole period, gross national expenditure in OECD members peaked at 56.77 trillion constant 2015 US$ in 2024 and was at its lowest, 15.26 trillion constant 2015 US$, in 1970.
OECD members ranks 3rd of 39 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross national expenditure in OECD members, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 15.26 trillion constant 2015 US$ | — |
| 1971 | 15.81 trillion constant 2015 US$ | +3.6% |
| 1972 | 16.66 trillion constant 2015 US$ | +5.4% |
| 1973 | 17.66 trillion constant 2015 US$ | +6.0% |
| 1974 | 17.75 trillion constant 2015 US$ | +0.5% |
| 1975 | 17.74 trillion constant 2015 US$ | -0.1% |
| 1976 | 18.60 trillion constant 2015 US$ | +4.9% |
| 1977 | 19.21 trillion constant 2015 US$ | +3.2% |
| 1978 | 20.01 trillion constant 2015 US$ | +4.2% |
| 1979 | 20.83 trillion constant 2015 US$ | +4.1% |
| 1980 | 20.98 trillion constant 2015 US$ | +0.7% |
| 1981 | 21.22 trillion constant 2015 US$ | +1.2% |
| 1982 | 21.25 trillion constant 2015 US$ | +0.1% |
| 1983 | 21.84 trillion constant 2015 US$ | +2.8% |
| 1984 | 22.82 trillion constant 2015 US$ | +4.5% |
| 1985 | 23.70 trillion constant 2015 US$ | +3.8% |
| 1986 | 24.58 trillion constant 2015 US$ | +3.7% |
| 1987 | 25.48 trillion constant 2015 US$ | +3.7% |
| 1988 | 26.68 trillion constant 2015 US$ | +4.7% |
| 1989 | 27.73 trillion constant 2015 US$ | +3.9% |
| 1990 | 28.54 trillion constant 2015 US$ | +2.9% |
| 1991 | 28.83 trillion constant 2015 US$ | +1.0% |
| 1992 | 29.45 trillion constant 2015 US$ | +2.1% |
| 1993 | 29.76 trillion constant 2015 US$ | +1.0% |
| 1994 | 30.79 trillion constant 2015 US$ | +3.4% |
| 1995 | 31.49 trillion constant 2015 US$ | +2.3% |
| 1996 | 32.46 trillion constant 2015 US$ | +3.1% |
| 1997 | 33.55 trillion constant 2015 US$ | +3.3% |
| 1998 | 34.64 trillion constant 2015 US$ | +3.2% |
| 1999 | 36.03 trillion constant 2015 US$ | +4.0% |
| 2000 | 37.53 trillion constant 2015 US$ | +4.2% |
| 2001 | 38.11 trillion constant 2015 US$ | +1.5% |
| 2002 | 38.71 trillion constant 2015 US$ | +1.6% |
| 2003 | 39.59 trillion constant 2015 US$ | +2.3% |
| 2004 | 40.80 trillion constant 2015 US$ | +3.1% |
| 2005 | 42.00 trillion constant 2015 US$ | +2.9% |
| 2006 | 43.21 trillion constant 2015 US$ | +2.9% |
| 2007 | 44.20 trillion constant 2015 US$ | +2.3% |
| 2008 | 44.15 trillion constant 2015 US$ | -0.1% |
| 2009 | 42.54 trillion constant 2015 US$ | -3.7% |
| 2010 | 43.77 trillion constant 2015 US$ | +2.9% |
| 2011 | 44.43 trillion constant 2015 US$ | +1.5% |
| 2012 | 44.82 trillion constant 2015 US$ | +0.9% |
| 2013 | 45.42 trillion constant 2015 US$ | +1.3% |
| 2014 | 46.47 trillion constant 2015 US$ | +2.3% |
| 2015 | 47.78 trillion constant 2015 US$ | +2.8% |
| 2016 | 48.70 trillion constant 2015 US$ | +1.9% |
| 2017 | 49.93 trillion constant 2015 US$ | +2.5% |
| 2018 | 51.14 trillion constant 2015 US$ | +2.4% |
| 2019 | 52.19 trillion constant 2015 US$ | +2.0% |
| 2020 | 50.12 trillion constant 2015 US$ | -4.0% |
| 2021 | 53.29 trillion constant 2015 US$ | +6.3% |
| 2022 | 55.10 trillion constant 2015 US$ | +3.4% |
| 2023 | 55.75 trillion constant 2015 US$ | +1.2% |
| 2024 | 56.77 trillion constant 2015 US$ | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.95 trillion constant 2015 US$ | 15.26 trillion constant 2015 US$ | 20.83 trillion constant 2015 US$ | 10 |
| 1980s | 23.63 trillion constant 2015 US$ | 20.98 trillion constant 2015 US$ | 27.73 trillion constant 2015 US$ | 10 |
| 1990s | 31.55 trillion constant 2015 US$ | 28.54 trillion constant 2015 US$ | 36.03 trillion constant 2015 US$ | 10 |
| 2000s | 41.08 trillion constant 2015 US$ | 37.53 trillion constant 2015 US$ | 44.20 trillion constant 2015 US$ | 10 |
| 2010s | 47.46 trillion constant 2015 US$ | 43.77 trillion constant 2015 US$ | 52.19 trillion constant 2015 US$ | 10 |
| 2020s | 54.20 trillion constant 2015 US$ | 50.12 trillion constant 2015 US$ | 56.77 trillion constant 2015 US$ | 5 |
Countries ranked near OECD members
- 1 United States of America 23.80 trillion constant 2015 US$ compare
- 2 China 18.08 trillion constant 2015 US$ compare
- 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
More economy & growth data for OECD members
- Manufacturing, value added 7.62 trillion current US$ (2022)
- Imports of goods and services 3.8% (2025)
- Imports of goods and services 28.3% (2025)
- External balance on goods and services -0.1% (2025)
- Trade 56.9% (2024)
- Agriculture, forestry, and fishing, value added 731.26 billion constant 2015 US$ (2024)
- Trade in services 14.9% (2025)
- Industry (including construction), value added -0.8% (2024)
- Industry (including construction), value added 11.64 trillion constant 2015 US$ (2024)
- Industry (including construction), value added 12.98 trillion current US$ (2022)
Frequently asked questions
- What is gross national expenditure in OECD members?
- Gross national expenditure in OECD members was 56.77 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 OECD members?
- The highest recorded value was 56.77 trillion constant 2015 US$ in 2024.
- What is the lowest gross national expenditure recorded in OECD members?
- The lowest recorded value was 15.26 trillion constant 2015 US$ in 1970.
- How does OECD members rank for gross national expenditure?
- OECD members ranks 3rd out of 39 groups with data for 2024.
- Is gross national expenditure rising or falling in OECD members?
- Over the last ten years it is up 22.2%. The long-run trend across the full record is rising.
- Where does this OECD members 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.