Gross national expenditure (current US$), annual growth rate (current) in Low & middle income
Low & middle income: Gross national expenditure (current US$), annual growth rate (current) was 4.08 % change on previous year in 2024. ◆ Volatile
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 (current) 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% |
Biggest year-on-year movements
Years where Gross national expenditure (current US$), annual growth rate (current) in Low & middle income changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +1291.2% | 0.8884 % change on previous year | 12.36 % change on previous year |
| 2010 | +927.0% | 2.08 % change on previous year | 21.36 % change on previous year |
| 1988 | +751.1% | 1.07 % change on previous year | 9.08 % change on previous year |
| 2000 | +727.9% | -1.22 % change on previous year | 7.68 % change on previous year |
| 2021 | +631.1% | -3.31 % change on previous year | 17.56 % change on previous year |
| 2017 | +621.3% | 1.31 % change on previous year | 9.43 % change on previous year |
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 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
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 267.99 billion BoP, current US$ (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 3.39 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.3319 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 1,950 current US$ per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 2.74 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.301 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 1,838 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 5.36 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2434 current US$ per US$ of GDP (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.