Gross national expenditure (current LCU), annual growth rate in United States of America
United States of America: Gross national expenditure (current LCU), annual growth rate was 5.59 % change on previous year in 2024. ◆ Volatile
Gross national expenditure (current LCU), annual growth rate in United States of America, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross national expenditure (current lcu), annual growth rate in United States of America stood at 5.59 % change on previous year.
That represents a change of down 6.0% on the previous year and up 28.0% over ten years.
Over the whole period, gross national expenditure (current lcu), annual growth rate in United States of America peaked at 12.92 % change on previous year in 1978 and was at its lowest, -3.96 % change on previous year, in 2009.
That places United States of America 118th out of 185 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current LCU), annual growth rate in United States of America, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.87 % change on previous year | — |
| 1972 | 10.16 % change on previous year | +14.5% |
| 1973 | 10.82 % change on previous year | +6.5% |
| 1974 | 8.78 % change on previous year | -18.9% |
| 1975 | 7.95 % change on previous year | -9.5% |
| 1976 | 12.35 % change on previous year | +55.4% |
| 1977 | 12.26 % change on previous year | -0.7% |
| 1978 | 12.92 % change on previous year | +5.4% |
| 1979 | 11.48 % change on previous year | -11.2% |
| 1980 | 8.32 % change on previous year | -27.5% |
| 1981 | 12.17 % change on previous year | +46.2% |
| 1982 | 4.48 % change on previous year | -63.2% |
| 1983 | 9.57 % change on previous year | +113.7% |
| 1984 | 12.34 % change on previous year | +28.9% |
| 1985 | 7.55 % change on previous year | -38.8% |
| 1986 | 5.81 % change on previous year | -23.1% |
| 1987 | 6.12 % change on previous year | +5.5% |
| 1988 | 6.92 % change on previous year | +13.0% |
| 1989 | 7.15 % change on previous year | +3.4% |
| 1990 | 5.46 % change on previous year | -23.7% |
| 1991 | 2.41 % change on previous year | -55.8% |
| 1992 | 5.95 % change on previous year | +146.8% |
| 1993 | 5.62 % change on previous year | -5.5% |
| 1994 | 6.59 % change on previous year | +17.1% |
| 1995 | 4.74 % change on previous year | -28.0% |
| 1996 | 5.69 % change on previous year | +20.1% |
| 1997 | 6.24 % change on previous year | +9.7% |
| 1998 | 6.29 % change on previous year | +0.8% |
| 1999 | 7.21 % change on previous year | +14.6% |
| 2000 | 7.49 % change on previous year | +3.9% |
| 2001 | 3.07 % change on previous year | -59.0% |
| 2002 | 3.74 % change on previous year | +21.8% |
| 2003 | 5.36 % change on previous year | +43.2% |
| 2004 | 7.29 % change on previous year | +35.9% |
| 2005 | 7.22 % change on previous year | -0.9% |
| 2006 | 5.97 % change on previous year | -17.3% |
| 2007 | 4.17 % change on previous year | -30.3% |
| 2008 | 1.98 % change on previous year | -52.6% |
| 2009 | -3.96 % change on previous year | -300.2% |
| 2010 | 4.59 % change on previous year | -216.1% |
| 2011 | 3.84 % change on previous year | -16.4% |
| 2012 | 3.87 % change on previous year | +0.9% |
| 2013 | 3.29 % change on previous year | -14.9% |
| 2014 | 4.37 % change on previous year | +32.6% |
| 2015 | 3.88 % change on previous year | -11.2% |
| 2016 | 2.6 % change on previous year | -33.0% |
| 2017 | 4.39 % change on previous year | +68.9% |
| 2018 | 5.43 % change on previous year | +23.7% |
| 2019 | 4.08 % change on previous year | -24.8% |
| 2020 | -0.5584 % change on previous year | -113.7% |
| 2021 | 11.74 % change on previous year | -2201.7% |
| 2022 | 9.84 % change on previous year | -16.2% |
| 2023 | 5.95 % change on previous year | -39.5% |
| 2024 | 5.59 % change on previous year | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.62 % change on previous year | 7.95 % change on previous year | 12.92 % change on previous year | 9 |
| 1980s | 8.04 % change on previous year | 4.48 % change on previous year | 12.34 % change on previous year | 10 |
| 1990s | 5.62 % change on previous year | 2.41 % change on previous year | 7.21 % change on previous year | 10 |
| 2000s | 4.23 % change on previous year | -3.96 % change on previous year | 7.49 % change on previous year | 10 |
| 2010s | 4.03 % change on previous year | 2.6 % change on previous year | 5.43 % change on previous year | 10 |
| 2020s | 6.51 % change on previous year | -0.5584 % change on previous year | 11.74 % change on previous year | 5 |
Countries ranked near United States of America
- 115 Afghanistan 5.79 % change on previous year compare
- 116 United Kingdom of Great Britain and Northern Ireland 5.67 % change on previous year compare
- 117 Hong Kong, China 5.62 % change on previous year compare
- 119 Libya 5.56 % change on previous year compare
- 120 Slovenia 5.46 % change on previous year compare
- 121 Israel 5.4 % change on previous year compare
More economy & growth data for United States of America
- 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)
- Final consumption expenditure (constant 2015 US$), per capita 54,931 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 5.59 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.03 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 88,812 current US$ per person (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.03 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 88,812 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.1 % change on previous year (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.8123 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure (current lcu), annual growth rate in United States of America?
- Gross national expenditure (current lcu), annual growth rate in United States of America was 5.59 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current lcu), annual growth rate recorded in United States of America?
- The highest recorded value was 12.92 % change on previous year in 1978.
- What is the lowest gross national expenditure (current lcu), annual growth rate recorded in United States of America?
- The lowest recorded value was -3.96 % change on previous year in 2009.
- How does United States of America rank for gross national expenditure (current lcu), annual growth rate?
- United States of America ranks 118th out of 185 countries with data for 2024.
- Is gross national expenditure (current lcu), annual growth rate rising or falling in United States of America?
- Over the last ten years it is up 28.0%. The long-run trend across the full record is volatile.
- Where does this United States of America data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.