Gross national expenditure (current US$), annual growth rate in Upper middle income
Upper middle income: Gross national expenditure (current US$), annual growth rate was 3.39 % change on previous year in 2024. ◆ Volatile
Latest (2024)
3.39 % change on previous year
Change on year
down 25.3%
Rank
36th
of 43 groups
All-time high
29.46 % change on previous year
in 1973
All-time low
-3.78 % change on previous year
in 2015
Years of data
64
1961–2024
Gross national expenditure (current US$), annual growth rate in Upper middle income, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national expenditure (current us$), annual growth rate in Upper middle income is 3.39 % change on previous year, measured in 2024.
Compared with earlier readings it is down 25.3% on the previous year and down 17.4% over ten years.
Over the whole period, gross national expenditure (current us$), annual growth rate in Upper middle income peaked at 29.46 % change on previous year in 1973 and was at its lowest, -3.78 % change on previous year, in 2015.
That places Upper middle income 36th out of 43 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$), annual growth rate in Upper middle income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -2.56 % change on previous year | — |
| 1962 | 1.68 % change on previous year | -165.6% |
| 1963 | 9.59 % change on previous year | +470.9% |
| 1964 | 12.24 % change on previous year | +27.6% |
| 1965 | 9.62 % change on previous year | -21.4% |
| 1966 | 11.25 % change on previous year | +16.9% |
| 1967 | 0.9233 % change on previous year | -91.8% |
| 1968 | 6.72 % change on previous year | +628.3% |
| 1969 | 11.27 % change on previous year | +67.6% |
| 1970 | 12.1 % change on previous year | +7.4% |
| 1971 | 9.8 % change on previous year | -19.0% |
| 1972 | 13.51 % change on previous year | +37.9% |
| 1973 | 29.46 % change on previous year | +118.0% |
| 1974 | 28.74 % change on previous year | -2.5% |
| 1975 | 14.05 % change on previous year | -51.1% |
| 1976 | 7.38 % change on previous year | -47.5% |
| 1977 | 11.81 % change on previous year | +60.0% |
| 1978 | 10.39 % change on previous year | -12.0% |
| 1979 | 13.65 % change on previous year | +31.5% |
| 1980 | 18.84 % change on previous year | +38.0% |
| 1981 | 12.08 % change on previous year | -35.9% |
| 1982 | -2.59 % change on previous year | -121.4% |
| 1983 | -2.69 % change on previous year | +3.7% |
| 1984 | 5.17 % change on previous year | -292.5% |
| 1985 | 2.06 % change on previous year | -60.1% |
| 1986 | 4.88 % change on previous year | +136.7% |
| 1987 | -0.7217 % change on previous year | -114.8% |
| 1988 | 9.66 % change on previous year | -1438.6% |
| 1989 | 9.82 % change on previous year | +1.6% |
| 1990 | 17.82 % change on previous year | +81.5% |
| 1991 | -1.74 % change on previous year | -109.8% |
| 1992 | 7.72 % change on previous year | -543.7% |
| 1993 | 10.13 % change on previous year | +31.2% |
| 1994 | 12.51 % change on previous year | +23.5% |
| 1995 | 14.76 % change on previous year | +18.0% |
| 1996 | 10.53 % change on previous year | -28.7% |
| 1997 | 5.44 % change on previous year | -48.3% |
| 1998 | -3.62 % change on previous year | -166.6% |
| 1999 | -3.37 % change on previous year | -6.8% |
| 2000 | 8.75 % change on previous year | -359.4% |
| 2001 | 0.1457 % change on previous year | -98.3% |
| 2002 | 0.4728 % change on previous year | +224.6% |
| 2003 | 12.04 % change on previous year | +2446.6% |
| 2004 | 17.53 % change on previous year | +45.6% |
| 2005 | 17.43 % change on previous year | -0.6% |
| 2006 | 16.71 % change on previous year | -4.2% |
| 2007 | 22.74 % change on previous year | +36.1% |
| 2008 | 21.74 % change on previous year | -4.4% |
| 2009 | 0.794 % change on previous year | -96.3% |
| 2010 | 22.52 % change on previous year | +2736.0% |
| 2011 | 20.03 % change on previous year | -11.0% |
| 2012 | 7.35 % change on previous year | -63.3% |
| 2013 | 7.2 % change on previous year | -2.1% |
| 2014 | 4.1 % change on previous year | -43.0% |
| 2015 | -3.78 % change on previous year | -192.2% |
| 2016 | 0.7105 % change on previous year | -118.8% |
| 2017 | 9.39 % change on previous year | +1220.9% |
| 2018 | 7.38 % change on previous year | -21.3% |
| 2019 | 1.92 % change on previous year | -74.0% |
| 2020 | -3.27 % change on previous year | -270.9% |
| 2021 | 17.67 % change on previous year | -639.7% |
| 2022 | 3.92 % change on previous year | -77.8% |
| 2023 | 4.54 % change on previous year | +15.8% |
| 2024 | 3.39 % change on previous year | -25.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.75 % change on previous year | -2.56 % change on previous year | 12.24 % change on previous year | 9 |
| 1970s | 15.09 % change on previous year | 7.38 % change on previous year | 29.46 % change on previous year | 10 |
| 1980s | 5.65 % change on previous year | -2.69 % change on previous year | 18.84 % change on previous year | 10 |
| 1990s | 7.02 % change on previous year | -3.62 % change on previous year | 17.82 % change on previous year | 10 |
| 2000s | 11.84 % change on previous year | 0.1457 % change on previous year | 22.74 % change on previous year | 10 |
| 2010s | 7.68 % change on previous year | -3.78 % change on previous year | 22.52 % change on previous year | 10 |
| 2020s | 5.25 % change on previous year | -3.27 % change on previous year | 17.67 % change on previous year | 5 |
Countries ranked near Upper middle income
- 33 Iraq 14.25 % change on previous year compare
- 34 Poland 14.15 % change on previous year compare
- 35 Cameroon 14.06 % change on previous year compare
- 36 Papua New Guinea 13.86 % change on previous year compare
- 37 Latvia 13.75 % change on previous year compare
- 38 Madagascar 13.62 % change on previous year compare
- 39 North Macedonia 13.46 % change on previous year compare
More economy & growth data for Upper middle income
- Industry (including construction), value added (constant 2015 US$) 3,432 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added 2.16 trillion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 3.6% (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3152 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added 10.96 trillion current US$ (2025)
- Industry (including construction), value added 10.57 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 3.7% (2025)
- Industry (including construction), value added 32.7% (2025)
- Services, value added (current US$), per unit of GDP 0.5694 current US$ per US$ of GDP (2025)
- Services, value added (current US$), annual growth rate 6.12 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure (current us$), annual growth rate in Upper middle income?
- Gross national expenditure (current us$), annual growth rate in Upper middle income was 3.39 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current us$), annual growth rate recorded in Upper middle income?
- The highest recorded value was 29.46 % change on previous year in 1973.
- What is the lowest gross national expenditure (current us$), annual growth rate recorded in Upper middle income?
- The lowest recorded value was -3.78 % change on previous year in 2015.
- How does Upper middle income rank for gross national expenditure (current us$), annual growth rate?
- Upper middle income ranks 36th out of 43 groups with data for 2024.
- Is gross national expenditure (current us$), annual growth rate rising or falling in Upper middle income?
- Over the last ten years it is down 17.4%. The long-run trend across the full record is volatile.
- Where does this Upper middle income data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (current US$), 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.