Gross national expenditure in United States
United States: Gross national expenditure was 23.80 trillion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
23.80 trillion constant 2015 US$
Change on year
up 3.1%
World rank
1st
of 162 countries
All-time high
23.80 trillion constant 2015 US$
in 2024
All-time low
5.29 trillion constant 2015 US$
in 1970
Years of data
55
1970–2024
Gross national expenditure in United States, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross national expenditure in United States stood at 23.80 trillion constant 2015 US$. That is the highest value across all 55 years on record.
That represents a change of up 3.1% on the previous year and up 31.0% over ten years.
Over the whole period, gross national expenditure in United States peaked at 23.80 trillion constant 2015 US$ in 2024 and was at its lowest, 5.29 trillion constant 2015 US$, in 1970.
United States ranks 1st of 162 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross national expenditure in United States, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 5.29 trillion constant 2015 US$ | — |
| 1971 | 5.47 trillion constant 2015 US$ | +3.3% |
| 1972 | 5.76 trillion constant 2015 US$ | +5.3% |
| 1973 | 6.02 trillion constant 2015 US$ | +4.5% |
| 1974 | 5.96 trillion constant 2015 US$ | -1.0% |
| 1975 | 5.95 trillion constant 2015 US$ | -0.2% |
| 1976 | 6.30 trillion constant 2015 US$ | +5.9% |
| 1977 | 6.61 trillion constant 2015 US$ | +4.9% |
| 1978 | 6.94 trillion constant 2015 US$ | +5.0% |
| 1979 | 7.10 trillion constant 2015 US$ | +2.4% |
| 1980 | 7.01 trillion constant 2015 US$ | -1.3% |
| 1981 | 7.17 trillion constant 2015 US$ | +2.3% |
| 1982 | 7.14 trillion constant 2015 US$ | -0.4% |
| 1983 | 7.54 trillion constant 2015 US$ | +5.7% |
| 1984 | 8.12 trillion constant 2015 US$ | +7.6% |
| 1985 | 8.49 trillion constant 2015 US$ | +4.6% |
| 1986 | 8.81 trillion constant 2015 US$ | +3.8% |
| 1987 | 9.09 trillion constant 2015 US$ | +3.2% |
| 1988 | 9.40 trillion constant 2015 US$ | +3.4% |
| 1989 | 9.68 trillion constant 2015 US$ | +3.1% |
| 1990 | 9.84 trillion constant 2015 US$ | +1.6% |
| 1991 | 9.79 trillion constant 2015 US$ | -0.5% |
| 1992 | 10.13 trillion constant 2015 US$ | +3.5% |
| 1993 | 10.45 trillion constant 2015 US$ | +3.2% |
| 1994 | 10.90 trillion constant 2015 US$ | +4.2% |
| 1995 | 11.17 trillion constant 2015 US$ | +2.5% |
| 1996 | 11.59 trillion constant 2015 US$ | +3.8% |
| 1997 | 12.12 trillion constant 2015 US$ | +4.6% |
| 1998 | 12.78 trillion constant 2015 US$ | +5.5% |
| 1999 | 13.49 trillion constant 2015 US$ | +5.5% |
| 2000 | 14.13 trillion constant 2015 US$ | +4.8% |
| 2001 | 14.31 trillion constant 2015 US$ | +1.3% |
| 2002 | 14.64 trillion constant 2015 US$ | +2.3% |
| 2003 | 15.10 trillion constant 2015 US$ | +3.1% |
| 2004 | 15.74 trillion constant 2015 US$ | +4.2% |
| 2005 | 16.30 trillion constant 2015 US$ | +3.6% |
| 2006 | 16.74 trillion constant 2015 US$ | +2.7% |
| 2007 | 16.98 trillion constant 2015 US$ | +1.5% |
| 2008 | 16.84 trillion constant 2015 US$ | -0.8% |
| 2009 | 16.28 trillion constant 2015 US$ | -3.4% |
| 2010 | 16.76 trillion constant 2015 US$ | +3.0% |
| 2011 | 17.00 trillion constant 2015 US$ | +1.4% |
| 2012 | 17.35 trillion constant 2015 US$ | +2.1% |
| 2013 | 17.67 trillion constant 2015 US$ | +1.9% |
| 2014 | 18.16 trillion constant 2015 US$ | +2.8% |
| 2015 | 18.82 trillion constant 2015 US$ | +3.6% |
| 2016 | 19.18 trillion constant 2015 US$ | +1.9% |
| 2017 | 19.68 trillion constant 2015 US$ | +2.6% |
| 2018 | 20.30 trillion constant 2015 US$ | +3.1% |
| 2019 | 20.83 trillion constant 2015 US$ | +2.6% |
| 2020 | 20.45 trillion constant 2015 US$ | -1.8% |
| 2021 | 21.92 trillion constant 2015 US$ | +7.2% |
| 2022 | 22.54 trillion constant 2015 US$ | +2.8% |
| 2023 | 23.08 trillion constant 2015 US$ | +2.4% |
| 2024 | 23.80 trillion constant 2015 US$ | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.14 trillion constant 2015 US$ | 5.29 trillion constant 2015 US$ | 7.10 trillion constant 2015 US$ | 10 |
| 1980s | 8.24 trillion constant 2015 US$ | 7.01 trillion constant 2015 US$ | 9.68 trillion constant 2015 US$ | 10 |
| 1990s | 11.22 trillion constant 2015 US$ | 9.79 trillion constant 2015 US$ | 13.49 trillion constant 2015 US$ | 10 |
| 2000s | 15.71 trillion constant 2015 US$ | 14.13 trillion constant 2015 US$ | 16.98 trillion constant 2015 US$ | 10 |
| 2010s | 18.58 trillion constant 2015 US$ | 16.76 trillion constant 2015 US$ | 20.83 trillion constant 2015 US$ | 10 |
| 2020s | 22.36 trillion constant 2015 US$ | 20.45 trillion constant 2015 US$ | 23.80 trillion constant 2015 US$ | 5 |
Countries ranked near United States
More economy & growth data for United States
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.53 % change on previous year (2021)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9477 current US$ per US$ of GDP (2021)
- Gross value added at basic prices (GVA) (current US$), per capita 67,708 current US$ per person (2021)
- Gross value added at basic prices (GVA) (current LCU), annual growth 10.53 % change on previous year (2021)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9477 current LCU per US$ of GDP (2021)
- Gross value added at basic prices (GVA) (current LCU), per capita 67,708 current LCU per person (2021)
- GDP (current US$), annual growth rate 5.02 % change on previous year (2025)
- GDP (current US$), per capita 90,026 current US$ per person (2025)
Frequently asked questions
- What is gross national expenditure in United States?
- Gross national expenditure in United States was 23.80 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 United States?
- The highest recorded value was 23.80 trillion constant 2015 US$ in 2024.
- What is the lowest gross national expenditure recorded in United States?
- The lowest recorded value was 5.29 trillion constant 2015 US$ in 1970.
- How does United States rank for gross national expenditure?
- United States ranks 1st out of 162 countries with data for 2024.
- Is gross national expenditure rising or falling in United States?
- Over the last ten years it is up 31.0%. The long-run trend across the full record is rising.
- Where does this United States 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.