Gross national expenditure (constant 2015 US$) in World
World: Gross national expenditure (constant 2015 US$) was 96.34 trillion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
96.34 trillion constant 2015 US$
Change on year
up 2.7%
Rank
1st
of 41 groups
All-time high
96.34 trillion constant 2015 US$
in 2024
All-time low
19.37 trillion constant 2015 US$
in 1970
Years of data
55
1970–2024
Gross national expenditure in World, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
World recorded 96.34 trillion constant 2015 US$ for gross national expenditure in 2024. That is the highest value across all 55 years on record.
That represents a change of up 2.7% on the previous year and up 31.7% over ten years.
Over the whole period, gross national expenditure in World peaked at 96.34 trillion constant 2015 US$ in 2024 and was at its lowest, 19.37 trillion constant 2015 US$, in 1970.
That places World 1st out of 41 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross national expenditure (constant 2015 US$) in World, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 19.37 trillion constant 2015 US$ | — |
| 1971 | 20.13 trillion constant 2015 US$ | +3.9% |
| 1972 | 21.23 trillion constant 2015 US$ | +5.5% |
| 1973 | 22.54 trillion constant 2015 US$ | +6.2% |
| 1974 | 22.89 trillion constant 2015 US$ | +1.5% |
| 1975 | 23.06 trillion constant 2015 US$ | +0.7% |
| 1976 | 24.28 trillion constant 2015 US$ | +5.3% |
| 1977 | 25.11 trillion constant 2015 US$ | +3.4% |
| 1978 | 26.08 trillion constant 2015 US$ | +3.9% |
| 1979 | 27.07 trillion constant 2015 US$ | +3.8% |
| 1980 | 27.49 trillion constant 2015 US$ | +1.5% |
| 1981 | 27.75 trillion constant 2015 US$ | +1.0% |
| 1982 | 27.81 trillion constant 2015 US$ | +0.2% |
| 1983 | 29.04 trillion constant 2015 US$ | +4.4% |
| 1984 | 30.53 trillion constant 2015 US$ | +5.1% |
| 1985 | 32.01 trillion constant 2015 US$ | +4.8% |
| 1986 | 33.12 trillion constant 2015 US$ | +3.5% |
| 1987 | 34.02 trillion constant 2015 US$ | +2.7% |
| 1988 | 34.71 trillion constant 2015 US$ | +2.0% |
| 1989 | 36.07 trillion constant 2015 US$ | +3.9% |
| 1990 | 37.49 trillion constant 2015 US$ | +3.9% |
| 1991 | 37.62 trillion constant 2015 US$ | +0.4% |
| 1992 | 38.12 trillion constant 2015 US$ | +1.3% |
| 1993 | 38.59 trillion constant 2015 US$ | +1.2% |
| 1994 | 40.01 trillion constant 2015 US$ | +3.7% |
| 1995 | 41.05 trillion constant 2015 US$ | +2.6% |
| 1996 | 41.94 trillion constant 2015 US$ | +2.2% |
| 1997 | 43.35 trillion constant 2015 US$ | +3.4% |
| 1998 | 44.07 trillion constant 2015 US$ | +1.6% |
| 1999 | 45.59 trillion constant 2015 US$ | +3.4% |
| 2000 | 47.48 trillion constant 2015 US$ | +4.2% |
| 2001 | 48.39 trillion constant 2015 US$ | +1.9% |
| 2002 | 50.12 trillion constant 2015 US$ | +3.6% |
| 2003 | 51.02 trillion constant 2015 US$ | +1.8% |
| 2004 | 53.79 trillion constant 2015 US$ | +5.4% |
| 2005 | 55.84 trillion constant 2015 US$ | +3.8% |
| 2006 | 58.44 trillion constant 2015 US$ | +4.7% |
| 2007 | 61.82 trillion constant 2015 US$ | +5.8% |
| 2008 | 63.00 trillion constant 2015 US$ | +1.9% |
| 2009 | 62.18 trillion constant 2015 US$ | -1.3% |
| 2010 | 65.13 trillion constant 2015 US$ | +4.7% |
| 2011 | 67.32 trillion constant 2015 US$ | +3.4% |
| 2012 | 69.01 trillion constant 2015 US$ | +2.5% |
| 2013 | 70.87 trillion constant 2015 US$ | +2.7% |
| 2014 | 73.14 trillion constant 2015 US$ | +3.2% |
| 2015 | 75.25 trillion constant 2015 US$ | +2.9% |
| 2016 | 77.38 trillion constant 2015 US$ | +2.8% |
| 2017 | 80.17 trillion constant 2015 US$ | +3.6% |
| 2018 | 82.95 trillion constant 2015 US$ | +3.5% |
| 2019 | 85.15 trillion constant 2015 US$ | +2.6% |
| 2020 | 82.49 trillion constant 2015 US$ | -3.1% |
| 2021 | 88.11 trillion constant 2015 US$ | +6.8% |
| 2022 | 91.29 trillion constant 2015 US$ | +3.6% |
| 2023 | 93.77 trillion constant 2015 US$ | +2.7% |
| 2024 | 96.34 trillion constant 2015 US$ | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.18 trillion constant 2015 US$ | 19.37 trillion constant 2015 US$ | 27.07 trillion constant 2015 US$ | 10 |
| 1980s | 31.26 trillion constant 2015 US$ | 27.49 trillion constant 2015 US$ | 36.07 trillion constant 2015 US$ | 10 |
| 1990s | 40.78 trillion constant 2015 US$ | 37.49 trillion constant 2015 US$ | 45.59 trillion constant 2015 US$ | 10 |
| 2000s | 55.21 trillion constant 2015 US$ | 47.48 trillion constant 2015 US$ | 63.00 trillion constant 2015 US$ | 10 |
| 2010s | 74.64 trillion constant 2015 US$ | 65.13 trillion constant 2015 US$ | 85.15 trillion constant 2015 US$ | 10 |
| 2020s | 90.40 trillion constant 2015 US$ | 82.49 trillion constant 2015 US$ | 96.34 trillion constant 2015 US$ | 5 |
Countries ranked near World
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- SDRs holdings, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0076 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 110.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0002 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0056 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 80.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.2 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0052 units per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure in World?
- Gross national expenditure in World was 96.34 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 World?
- The highest recorded value was 96.34 trillion constant 2015 US$ in 2024.
- What is the lowest gross national expenditure recorded in World?
- The lowest recorded value was 19.37 trillion constant 2015 US$ in 1970.
- How does World rank for gross national expenditure?
- World ranks 1st out of 41 groups with data for 2024.
- Is gross national expenditure rising or falling in World?
- Over the last ten years it is up 31.7%. The long-run trend across the full record is rising.
- Where does this World 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.