Gross national expenditure in East Asia & Pacific
East Asia & Pacific: Gross national expenditure was 31.17 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
31.17 trillion current US$
Change on year
up 1.2%
Rank
12th
of 41 groups
All-time high
31.17 trillion current US$
in 2024
All-time low
202.76 billion current US$
in 1962
Years of data
65
1960–2024
Gross national expenditure in East Asia & Pacific, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross national expenditure in East Asia & Pacific stood at 31.17 trillion current US$. That is the highest value across all 65 years on record.
That represents a change of up 1.2% on the previous year and up 40.9% over ten years.
Over the whole period, gross national expenditure in East Asia & Pacific peaked at 31.17 trillion current US$ in 2024 and was at its lowest, 202.76 billion current US$, in 1962.
That places East Asia & Pacific 12th out of 41 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in East Asia & Pacific, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 232.77 billion current US$ | — |
| 1961 | 210.30 billion current US$ | -9.7% |
| 1962 | 202.76 billion current US$ | -3.6% |
| 1963 | 226.17 billion current US$ | +11.5% |
| 1964 | 247.08 billion current US$ | +9.2% |
| 1965 | 276.31 billion current US$ | +11.8% |
| 1966 | 306.63 billion current US$ | +11.0% |
| 1967 | 307.77 billion current US$ | +0.4% |
| 1968 | 325.28 billion current US$ | +5.7% |
| 1969 | 359.31 billion current US$ | +10.5% |
| 1970 | 415.70 billion current US$ | +15.7% |
| 1971 | 457.15 billion current US$ | +10.0% |
| 1972 | 567.50 billion current US$ | +24.1% |
| 1973 | 761.08 billion current US$ | +34.1% |
| 1974 | 883.38 billion current US$ | +16.1% |
| 1975 | 959.13 billion current US$ | +8.6% |
| 1976 | 1.05 trillion current US$ | +9.2% |
| 1977 | 1.24 trillion current US$ | +18.3% |
| 1978 | 1.57 trillion current US$ | +27.1% |
| 1979 | 1.74 trillion current US$ | +10.4% |
| 1980 | 1.87 trillion current US$ | +7.7% |
| 1981 | 2.06 trillion current US$ | +9.8% |
| 1982 | 2.01 trillion current US$ | -2.1% |
| 1983 | 2.11 trillion current US$ | +4.8% |
| 1984 | 2.23 trillion current US$ | +5.9% |
| 1985 | 2.37 trillion current US$ | +6.1% |
| 1986 | 3.06 trillion current US$ | +29.3% |
| 1987 | 3.57 trillion current US$ | +16.8% |
| 1988 | 4.38 trillion current US$ | +22.4% |
| 1989 | 4.63 trillion current US$ | +5.8% |
| 1990 | 4.87 trillion current US$ | +5.3% |
| 1991 | 5.47 trillion current US$ | +12.2% |
| 1992 | 5.95 trillion current US$ | +8.7% |
| 1993 | 6.66 trillion current US$ | +12.1% |
| 1994 | 7.44 trillion current US$ | +11.7% |
| 1995 | 8.48 trillion current US$ | +14.0% |
| 1996 | 8.23 trillion current US$ | -3.0% |
| 1997 | 7.79 trillion current US$ | -5.4% |
| 1998 | 6.82 trillion current US$ | -12.4% |
| 1999 | 7.66 trillion current US$ | +12.3% |
| 2000 | 8.33 trillion current US$ | +8.7% |
| 2001 | 7.77 trillion current US$ | -6.7% |
| 2002 | 7.85 trillion current US$ | +1.1% |
| 2003 | 8.62 trillion current US$ | +9.8% |
| 2004 | 9.64 trillion current US$ | +11.7% |
| 2005 | 10.25 trillion current US$ | +6.3% |
| 2006 | 10.78 trillion current US$ | +5.1% |
| 2007 | 11.94 trillion current US$ | +10.8% |
| 2008 | 13.90 trillion current US$ | +16.5% |
| 2009 | 14.35 trillion current US$ | +3.2% |
| 2010 | 16.73 trillion current US$ | +16.6% |
| 2011 | 19.59 trillion current US$ | +17.1% |
| 2012 | 21.12 trillion current US$ | +7.8% |
| 2013 | 21.43 trillion current US$ | +1.4% |
| 2014 | 22.12 trillion current US$ | +3.2% |
| 2015 | 21.80 trillion current US$ | -1.5% |
| 2016 | 22.62 trillion current US$ | +3.8% |
| 2017 | 24.16 trillion current US$ | +6.8% |
| 2018 | 26.53 trillion current US$ | +9.9% |
| 2019 | 27.14 trillion current US$ | +2.3% |
| 2020 | 27.14 trillion current US$ | +0.0% |
| 2021 | 31.01 trillion current US$ | +14.2% |
| 2022 | 30.55 trillion current US$ | -1.5% |
| 2023 | 30.81 trillion current US$ | +0.8% |
| 2024 | 31.17 trillion current US$ | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 269.44 billion current US$ | 202.76 billion current US$ | 359.31 billion current US$ | 10 |
| 1970s | 964.34 billion current US$ | 415.70 billion current US$ | 1.74 trillion current US$ | 10 |
| 1980s | 2.83 trillion current US$ | 1.87 trillion current US$ | 4.63 trillion current US$ | 10 |
| 1990s | 6.94 trillion current US$ | 4.87 trillion current US$ | 8.48 trillion current US$ | 10 |
| 2000s | 10.34 trillion current US$ | 7.77 trillion current US$ | 14.35 trillion current US$ | 10 |
| 2010s | 22.32 trillion current US$ | 16.73 trillion current US$ | 27.14 trillion current US$ | 10 |
| 2020s | 30.14 trillion current US$ | 27.14 trillion current US$ | 31.17 trillion current US$ | 5 |
Countries ranked near East Asia & Pacific
- 9 Russia 2.47 trillion current US$ compare
- 10 Canada 2.34 trillion current US$ compare
- 11 Brazil 2.27 trillion current US$ compare
- 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 South Korea 1.78 trillion current US$ compare
More economy & growth data for East Asia & Pacific
- Services, value added 4.7% (2025)
- Industry (including construction), value added 11.12 trillion current US$ (2025)
- Industry (including construction), value added 11.37 trillion constant 2015 US$ (2025)
- Trade in services 10.7% (2025)
- Industry (including construction), value added 33.1% (2025)
- Services, value added 20.13 trillion current US$ (2025)
- Services, value added 19.57 trillion constant 2015 US$ (2025)
- GDP growth 4.0% (2025)
- GDP 33.02 trillion constant 2015 US$ (2025)
- GDP 33.66 trillion current US$ (2025)
Frequently asked questions
- What is gross national expenditure in East Asia & Pacific?
- Gross national expenditure in East Asia & Pacific was 31.17 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?
- The highest recorded value was 31.17 trillion current US$ in 2024.
- What is the lowest gross national expenditure recorded in East Asia & Pacific?
- The lowest recorded value was 202.76 billion current US$ in 1962.
- How does East Asia & Pacific rank for gross national expenditure?
- East Asia & Pacific ranks 12th out of 41 groups with data for 2024.
- Is gross national expenditure rising or falling in East Asia & Pacific?
- Over the last ten years it is up 40.9%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific 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.