Gross national expenditure in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Gross national expenditure was 21.65 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
21.65 trillion current US$
Change on year
up 2.2%
Rank
15th
of 43 groups
All-time high
21.65 trillion current US$
in 2024
All-time low
66.75 billion current US$
in 1962
Years of data
65
1960–2024
Gross national expenditure in East Asia & Pacific (IDA & IBRD countries), 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross national expenditure in East Asia & Pacific (IDA & IBRD countries) is 21.65 trillion current US$, measured in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 2.2% on the previous year and up 69.8% over ten years.
Over the whole period, gross national expenditure in East Asia & Pacific (IDA & IBRD countries) peaked at 21.65 trillion current US$ in 2024 and was at its lowest, 66.75 billion current US$, in 1962.
That places East Asia & Pacific (IDA & IBRD countries) 15th out of 43 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 82.73 billion current US$ | — |
| 1961 | 71.28 billion current US$ | -13.8% |
| 1962 | 66.75 billion current US$ | -6.4% |
| 1963 | 73.74 billion current US$ | +10.5% |
| 1964 | 81.86 billion current US$ | +11.0% |
| 1965 | 92.47 billion current US$ | +13.0% |
| 1966 | 103.91 billion current US$ | +12.4% |
| 1967 | 98.76 billion current US$ | -5.0% |
| 1968 | 101.22 billion current US$ | +2.5% |
| 1969 | 110.35 billion current US$ | +9.0% |
| 1970 | 129.44 billion current US$ | +17.3% |
| 1971 | 138.58 billion current US$ | +7.1% |
| 1972 | 156.37 billion current US$ | +12.8% |
| 1973 | 197.23 billion current US$ | +26.1% |
| 1974 | 220.05 billion current US$ | +11.6% |
| 1975 | 250.82 billion current US$ | +14.0% |
| 1976 | 254.05 billion current US$ | +1.3% |
| 1977 | 289.50 billion current US$ | +14.0% |
| 1978 | 279.78 billion current US$ | -3.4% |
| 1979 | 320.22 billion current US$ | +14.5% |
| 1980 | 369.62 billion current US$ | +15.4% |
| 1981 | 402.14 billion current US$ | +8.8% |
| 1982 | 425.25 billion current US$ | +5.7% |
| 1983 | 445.04 billion current US$ | +4.7% |
| 1984 | 476.16 billion current US$ | +7.0% |
| 1985 | 532.89 billion current US$ | +11.9% |
| 1986 | 516.80 billion current US$ | -3.0% |
| 1987 | 485.08 billion current US$ | -6.1% |
| 1988 | 561.29 billion current US$ | +15.7% |
| 1989 | 631.73 billion current US$ | +12.5% |
| 1990 | 678.37 billion current US$ | +7.4% |
| 1991 | 734.63 billion current US$ | +8.3% |
| 1992 | 823.13 billion current US$ | +12.0% |
| 1993 | 903.46 billion current US$ | +9.8% |
| 1994 | 1.07 trillion current US$ | +18.8% |
| 1995 | 1.33 trillion current US$ | +23.9% |
| 1996 | 1.53 trillion current US$ | +14.7% |
| 1997 | 1.54 trillion current US$ | +0.9% |
| 1998 | 1.37 trillion current US$ | -11.1% |
| 1999 | 1.52 trillion current US$ | +11.1% |
| 2000 | 1.67 trillion current US$ | +9.6% |
| 2001 | 1.80 trillion current US$ | +7.9% |
| 2002 | 1.99 trillion current US$ | +10.9% |
| 2003 | 2.28 trillion current US$ | +14.1% |
| 2004 | 2.63 trillion current US$ | +15.4% |
| 2005 | 2.99 trillion current US$ | +13.8% |
| 2006 | 3.52 trillion current US$ | +17.7% |
| 2007 | 4.42 trillion current US$ | +25.5% |
| 2008 | 5.62 trillion current US$ | +27.4% |
| 2009 | 6.28 trillion current US$ | +11.6% |
| 2010 | 7.64 trillion current US$ | +21.8% |
| 2011 | 9.44 trillion current US$ | +23.5% |
| 2012 | 10.63 trillion current US$ | +12.6% |
| 2013 | 11.81 trillion current US$ | +11.1% |
| 2014 | 12.75 trillion current US$ | +8.0% |
| 2015 | 13.18 trillion current US$ | +3.4% |
| 2016 | 13.54 trillion current US$ | +2.7% |
| 2017 | 14.82 trillion current US$ | +9.4% |
| 2018 | 16.75 trillion current US$ | +13.0% |
| 2019 | 17.34 trillion current US$ | +3.6% |
| 2020 | 17.53 trillion current US$ | +1.1% |
| 2021 | 20.75 trillion current US$ | +18.4% |
| 2022 | 20.90 trillion current US$ | +0.7% |
| 2023 | 21.18 trillion current US$ | +1.3% |
| 2024 | 21.65 trillion current US$ | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 88.31 billion current US$ | 66.75 billion current US$ | 110.35 billion current US$ | 10 |
| 1970s | 223.61 billion current US$ | 129.44 billion current US$ | 320.22 billion current US$ | 10 |
| 1980s | 484.60 billion current US$ | 369.62 billion current US$ | 631.73 billion current US$ | 10 |
| 1990s | 1.15 trillion current US$ | 678.37 billion current US$ | 1.54 trillion current US$ | 10 |
| 2000s | 3.32 trillion current US$ | 1.67 trillion current US$ | 6.28 trillion current US$ | 10 |
| 2010s | 12.79 trillion current US$ | 7.64 trillion current US$ | 17.34 trillion current US$ | 10 |
| 2020s | 20.40 trillion current US$ | 17.53 trillion current US$ | 21.65 trillion current US$ | 5 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
- 12 Mexico 1.92 trillion current US$ compare
- 13 Spain 1.83 trillion current US$ compare
- 14 Australia 1.79 trillion current US$ compare
- 15 Republic of Korea 1.78 trillion current US$ compare
- 16 Türkiye 1.60 trillion current US$ compare
- 17 Indonesia 1.35 trillion current US$ compare
- 18 Saudi Arabia 1.26 trillion current US$ compare
More economy & growth data for East Asia & Pacific (IDA & IBRD countries)
- Agriculture, forestry, and fishing, value added 1.71 trillion constant 2015 US$ (2025)
- Gross capital formation 38.6% (2024)
- Imports of goods and services 5.07 trillion current US$ (2025)
- Imports of goods and services 21.8% (2025)
- External balance on goods and services 3.7% (2025)
- Trade 46.9% (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9789 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added 8.26 trillion current US$ (2025)
- Industry (including construction), value added 4.4% (2025)
- Industry (including construction), value added 8.43 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is gross national expenditure in East Asia & Pacific (IDA & IBRD countries)?
- Gross national expenditure in East Asia & Pacific (IDA & IBRD countries) was 21.65 trillion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 21.65 trillion current US$ in 2024.
- What is the lowest gross national expenditure recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 66.75 billion current US$ in 1962.
- How does East Asia & Pacific (IDA & IBRD countries) rank for gross national expenditure?
- East Asia & Pacific (IDA & IBRD countries) ranks 15th out of 43 groups with data for 2024.
- Is gross national expenditure rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is up 69.8%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific (IDA & IBRD countries) data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.