Gross national expenditure (current US$), annual growth rate in Low & middle income
Low & middle income: Gross national expenditure (current US$), annual growth rate was 4.08 % change on previous year in 2024. ◆ Volatile
Latest (2024)
4.08 % change on previous year
Change on year
up 3.5%
Rank
30th
of 43 groups
All-time high
27.31 % change on previous year
in 1974
All-time low
-3.31 % change on previous year
in 2020
Years of data
64
1961–2024
Gross national expenditure (current US$), annual growth rate in Low & middle income, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross national expenditure (current us$), annual growth rate in Low & middle income stood at 4.08 % change on previous year.
Compared with earlier readings it is up 3.5% on the previous year and down 7.6% over ten years.
Over the whole period, gross national expenditure (current us$), annual growth rate in Low & middle income peaked at 27.31 % change on previous year in 1974 and was at its lowest, -3.31 % change on previous year, in 2020.
That places Low & middle income 30th out of 43 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$), annual growth rate in Low & middle income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 0.5383 % change on previous year | — |
| 1962 | 2.96 % change on previous year | +450.0% |
| 1963 | 10.11 % change on previous year | +241.5% |
| 1964 | 12.06 % change on previous year | +19.3% |
| 1965 | 8.91 % change on previous year | -26.1% |
| 1966 | 3.06 % change on previous year | -65.6% |
| 1967 | 3.53 % change on previous year | +15.1% |
| 1968 | 5.78 % change on previous year | +64.0% |
| 1969 | 10.37 % change on previous year | +79.3% |
| 1970 | 11.14 % change on previous year | +7.5% |
| 1971 | 9.59 % change on previous year | -13.9% |
| 1972 | 10.77 % change on previous year | +12.3% |
| 1973 | 25.23 % change on previous year | +134.3% |
| 1974 | 27.31 % change on previous year | +8.2% |
| 1975 | 13.27 % change on previous year | -51.4% |
| 1976 | 6.19 % change on previous year | -53.3% |
| 1977 | 13.2 % change on previous year | +113.2% |
| 1978 | 11.95 % change on previous year | -9.5% |
| 1979 | 13.6 % change on previous year | +13.8% |
| 1980 | 18.79 % change on previous year | +38.2% |
| 1981 | 10.67 % change on previous year | -43.2% |
| 1982 | -1.2 % change on previous year | -111.3% |
| 1983 | -2.11 % change on previous year | +75.2% |
| 1984 | 3.03 % change on previous year | -243.8% |
| 1985 | 3.32 % change on previous year | +9.5% |
| 1986 | 5.76 % change on previous year | +73.4% |
| 1987 | 1.07 % change on previous year | -81.5% |
| 1988 | 9.08 % change on previous year | +751.1% |
| 1989 | 6.5 % change on previous year | -28.4% |
| 1990 | 15.66 % change on previous year | +140.8% |
| 1991 | -2.83 % change on previous year | -118.1% |
| 1992 | 6.17 % change on previous year | -318.4% |
| 1993 | 7.92 % change on previous year | +28.3% |
| 1994 | 11.81 % change on previous year | +49.0% |
| 1995 | 13.94 % change on previous year | +18.1% |
| 1996 | 9.73 % change on previous year | -30.2% |
| 1997 | 5.58 % change on previous year | -42.7% |
| 1998 | -2.38 % change on previous year | -142.7% |
| 1999 | -1.22 % change on previous year | -48.7% |
| 2000 | 7.68 % change on previous year | -727.9% |
| 2001 | 0.6167 % change on previous year | -92.0% |
| 2002 | 0.8884 % change on previous year | +44.1% |
| 2003 | 12.36 % change on previous year | +1291.2% |
| 2004 | 16.97 % change on previous year | +37.3% |
| 2005 | 16.92 % change on previous year | -0.3% |
| 2006 | 16.23 % change on previous year | -4.0% |
| 2007 | 23.38 % change on previous year | +44.0% |
| 2008 | 18.95 % change on previous year | -18.9% |
| 2009 | 2.08 % change on previous year | -89.0% |
| 2010 | 21.36 % change on previous year | +927.0% |
| 2011 | 18.37 % change on previous year | -14.0% |
| 2012 | 6.84 % change on previous year | -62.8% |
| 2013 | 6.16 % change on previous year | -10.0% |
| 2014 | 4.41 % change on previous year | -28.3% |
| 2015 | -3.2 % change on previous year | -172.4% |
| 2016 | 1.31 % change on previous year | -140.9% |
| 2017 | 9.43 % change on previous year | +621.3% |
| 2018 | 6.77 % change on previous year | -28.1% |
| 2019 | 2.17 % change on previous year | -67.9% |
| 2020 | -3.31 % change on previous year | -252.0% |
| 2021 | 17.56 % change on previous year | -631.1% |
| 2022 | 4.34 % change on previous year | -75.3% |
| 2023 | 3.94 % change on previous year | -9.3% |
| 2024 | 4.08 % change on previous year | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.37 % change on previous year | 0.5383 % change on previous year | 12.06 % change on previous year | 9 |
| 1970s | 14.23 % change on previous year | 6.19 % change on previous year | 27.31 % change on previous year | 10 |
| 1980s | 5.49 % change on previous year | -2.11 % change on previous year | 18.79 % change on previous year | 10 |
| 1990s | 6.44 % change on previous year | -2.83 % change on previous year | 15.66 % change on previous year | 10 |
| 2000s | 11.61 % change on previous year | 0.6167 % change on previous year | 23.38 % change on previous year | 10 |
| 2010s | 7.36 % change on previous year | -3.2 % change on previous year | 21.36 % change on previous year | 10 |
| 2020s | 5.32 % change on previous year | -3.31 % change on previous year | 17.56 % change on previous year | 5 |
Countries ranked near Low & middle income
- 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
- 32 Benin 14.41 % change on previous year compare
- 33 Iraq 14.25 % change on previous year compare
More economy & growth data for Low & middle income
- Industry (including construction), value added 32.3% (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3132 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added 3.45 trillion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 3.4% (2025)
- Industry (including construction), value added (constant 2015 US$) 1,913 constant 2015 US$ per person (2025)
- Industry (including construction), value added 13.41 trillion current US$ (2025)
- Industry (including construction), value added 12.99 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 4.2% (2025)
- Services, value added (current US$), per unit of GDP 0.5761 current US$ per US$ of GDP (2025)
- Services, value added 57.6% (2025)
Frequently asked questions
- What is gross national expenditure (current us$), annual growth rate in Low & middle income?
- Gross national expenditure (current us$), annual growth rate in Low & middle income was 4.08 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current us$), annual growth rate recorded in Low & middle income?
- The highest recorded value was 27.31 % change on previous year in 1974.
- What is the lowest gross national expenditure (current us$), annual growth rate recorded in Low & middle income?
- The lowest recorded value was -3.31 % change on previous year in 2020.
- How does Low & middle income rank for gross national expenditure (current us$), annual growth rate?
- Low & middle income ranks 30th out of 43 groups with data for 2024.
- Is gross national expenditure (current us$), annual growth rate rising or falling in Low & middle income?
- Over the last ten years it is down 7.6%. The long-run trend across the full record is volatile.
- Where does this Low & middle income data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross national expenditure (current US$). 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.