Gross national expenditure (current US$), annual growth rate in High income
High income: Gross national expenditure (current US$), annual growth rate was 4.12 % change on previous year in 2024. ◆ Volatile
Latest (2024)
4.12 % change on previous year
Change on year
down 18.9%
Rank
28th
of 43 groups
All-time high
21.4 % change on previous year
in 1973
All-time low
-7.46 % change on previous year
in 2009
Years of data
54
1971–2024
Gross national expenditure (current US$), annual growth rate in High income, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross national expenditure (current us$), annual growth rate in High income stood at 4.12 % change on previous year.
The figure is down 18.9% on the previous year and up 120.0% over ten years.
Over the whole period, gross national expenditure (current us$), annual growth rate in High income peaked at 21.4 % change on previous year in 1973 and was at its lowest, -7.46 % change on previous year, in 2009.
High income ranks 28th of 43 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$), annual growth rate in High income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.96 % change on previous year | — |
| 1972 | 16.1 % change on previous year | +46.8% |
| 1973 | 21.4 % change on previous year | +32.9% |
| 1974 | 13.33 % change on previous year | -37.7% |
| 1975 | 10.7 % change on previous year | -19.8% |
| 1976 | 9.33 % change on previous year | -12.8% |
| 1977 | 13.28 % change on previous year | +42.3% |
| 1978 | 19.86 % change on previous year | +49.6% |
| 1979 | 16.17 % change on previous year | -18.6% |
| 1980 | 11.35 % change on previous year | -29.8% |
| 1981 | 0.7191 % change on previous year | -93.7% |
| 1982 | -0.6747 % change on previous year | -193.8% |
| 1983 | 3.43 % change on previous year | -607.8% |
| 1984 | 4.42 % change on previous year | +29.0% |
| 1985 | 4.94 % change on previous year | +11.9% |
| 1986 | 21.32 % change on previous year | +331.5% |
| 1987 | 16.07 % change on previous year | -24.6% |
| 1988 | 12.79 % change on previous year | -20.4% |
| 1989 | 4.36 % change on previous year | -65.9% |
| 1990 | 11.91 % change on previous year | +173.2% |
| 1991 | 4.98 % change on previous year | -58.2% |
| 1992 | 6.52 % change on previous year | +31.0% |
| 1993 | 0.5523 % change on previous year | -91.5% |
| 1994 | 6.99 % change on previous year | +1166.3% |
| 1995 | 10.36 % change on previous year | +48.1% |
| 1996 | 0.8648 % change on previous year | -91.7% |
| 1997 | -1.79 % change on previous year | -306.6% |
| 1998 | -0.125 % change on previous year | -93.0% |
| 1999 | 5.12 % change on previous year | -4197.2% |
| 2000 | 2.69 % change on previous year | -47.4% |
| 2001 | -0.8114 % change on previous year | -130.1% |
| 2002 | 4.22 % change on previous year | -619.9% |
| 2003 | 12.24 % change on previous year | +190.1% |
| 2004 | 11.54 % change on previous year | -5.7% |
| 2005 | 6.34 % change on previous year | -45.0% |
| 2006 | 6.15 % change on previous year | -3.0% |
| 2007 | 9.79 % change on previous year | +59.2% |
| 2008 | 7.32 % change on previous year | -25.2% |
| 2009 | -7.46 % change on previous year | -201.9% |
| 2010 | 5.15 % change on previous year | -169.1% |
| 2011 | 8.56 % change on previous year | +66.3% |
| 2012 | 0.1266 % change on previous year | -98.5% |
| 2013 | 1.2 % change on previous year | +851.2% |
| 2014 | 1.87 % change on previous year | +55.4% |
| 2015 | -6.31 % change on previous year | -437.1% |
| 2016 | 1.92 % change on previous year | -130.4% |
| 2017 | 5.01 % change on previous year | +160.8% |
| 2018 | 6.2 % change on previous year | +23.8% |
| 2019 | 1.34 % change on previous year | -78.3% |
| 2020 | -2.15 % change on previous year | -259.9% |
| 2021 | 11.93 % change on previous year | -655.6% |
| 2022 | 4.1 % change on previous year | -65.7% |
| 2023 | 5.08 % change on previous year | +23.9% |
| 2024 | 4.12 % change on previous year | -18.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.57 % change on previous year | 9.33 % change on previous year | 21.4 % change on previous year | 9 |
| 1980s | 7.87 % change on previous year | -0.6747 % change on previous year | 21.32 % change on previous year | 10 |
| 1990s | 4.54 % change on previous year | -1.79 % change on previous year | 11.91 % change on previous year | 10 |
| 2000s | 5.2 % change on previous year | -7.46 % change on previous year | 12.24 % change on previous year | 10 |
| 2010s | 2.51 % change on previous year | -6.31 % change on previous year | 8.56 % change on previous year | 10 |
| 2020s | 4.62 % change on previous year | -2.15 % change on previous year | 11.93 % change on previous year | 5 |
Countries ranked near High income
- 25 Uganda 16.18 % change on previous year compare
- 26 Armenia 15.62 % change on previous year compare
- 27 Uzbekistan 15.34 % change on previous year compare
- 28 Zimbabwe 15.07 % change on previous year compare
- 29 Republic of Moldova 14.81 % change on previous year compare
- 30 Morocco 14.57 % change on previous year compare
- 31 Montenegro 14.5 % change on previous year compare
More economy & growth data for High income
- Gross domestic savings (current US$), per capita 12,187 current US$ per person (2024)
- GDP (constant 2015 US$), annual growth rate 1.91 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7899 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 42,653 constant 2015 US$ per person (2025)
- Gross domestic savings (current US$), annual growth rate 3.51 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.2394 current US$ per US$ of GDP (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9807 current US$ per US$ of GDP (2025)
- GNI (current US$), annual growth rate 6.77 % change on previous year (2025)
- GNI, Atlas method (current US$), per capita 52,957 current US$ per person (2025)
- GDP (current US$), per capita 53,997 current US$ per person (2025)
Frequently asked questions
- What is gross national expenditure (current us$), annual growth rate in High income?
- Gross national expenditure (current us$), annual growth rate in High income was 4.12 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current us$), annual growth rate recorded in High income?
- The highest recorded value was 21.4 % change on previous year in 1973.
- What is the lowest gross national expenditure (current us$), annual growth rate recorded in High income?
- The lowest recorded value was -7.46 % change on previous year in 2009.
- How does High income rank for gross national expenditure (current us$), annual growth rate?
- High income ranks 28th out of 43 groups with data for 2024.
- Is gross national expenditure (current us$), annual growth rate rising or falling in High income?
- Over the last ten years it is up 120.0%. The long-run trend across the full record is volatile.
- Where does this High income data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross national expenditure (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.