Gross national expenditure in High income
High income: Gross national expenditure was 71.25 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
71.25 trillion current US$
Change on year
up 4.1%
Rank
2nd
of 41 groups
All-time high
71.25 trillion current US$
in 2024
All-time low
2.51 trillion current US$
in 1970
Years of data
55
1970–2024
Gross national expenditure in High income, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
High income recorded 71.25 trillion current US$ for gross national expenditure in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 4.1% on the previous year and up 34.6% over ten years.
Over the whole period, gross national expenditure in High income peaked at 71.25 trillion current US$ in 2024 and was at its lowest, 2.51 trillion current US$, in 1970.
That places High income 2nd out of 41 groups with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in High income, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 2.51 trillion current US$ | — |
| 1971 | 2.78 trillion current US$ | +11.0% |
| 1972 | 3.23 trillion current US$ | +16.1% |
| 1973 | 3.92 trillion current US$ | +21.4% |
| 1974 | 4.45 trillion current US$ | +13.3% |
| 1975 | 4.92 trillion current US$ | +10.7% |
| 1976 | 5.38 trillion current US$ | +9.3% |
| 1977 | 6.10 trillion current US$ | +13.3% |
| 1978 | 7.31 trillion current US$ | +19.9% |
| 1979 | 8.49 trillion current US$ | +16.2% |
| 1980 | 9.45 trillion current US$ | +11.3% |
| 1981 | 9.52 trillion current US$ | +0.7% |
| 1982 | 9.46 trillion current US$ | -0.7% |
| 1983 | 9.78 trillion current US$ | +3.4% |
| 1984 | 10.21 trillion current US$ | +4.4% |
| 1985 | 10.72 trillion current US$ | +4.9% |
| 1986 | 13.00 trillion current US$ | +21.3% |
| 1987 | 15.09 trillion current US$ | +16.1% |
| 1988 | 17.02 trillion current US$ | +12.8% |
| 1989 | 17.77 trillion current US$ | +4.4% |
| 1990 | 19.88 trillion current US$ | +11.9% |
| 1991 | 20.87 trillion current US$ | +5.0% |
| 1992 | 22.24 trillion current US$ | +6.5% |
| 1993 | 22.36 trillion current US$ | +0.6% |
| 1994 | 23.92 trillion current US$ | +7.0% |
| 1995 | 26.40 trillion current US$ | +10.4% |
| 1996 | 26.63 trillion current US$ | +0.9% |
| 1997 | 26.15 trillion current US$ | -1.8% |
| 1998 | 26.12 trillion current US$ | -0.1% |
| 1999 | 27.46 trillion current US$ | +5.1% |
| 2000 | 28.20 trillion current US$ | +2.7% |
| 2001 | 27.97 trillion current US$ | -0.8% |
| 2002 | 29.15 trillion current US$ | +4.2% |
| 2003 | 32.72 trillion current US$ | +12.2% |
| 2004 | 36.49 trillion current US$ | +11.5% |
| 2005 | 38.80 trillion current US$ | +6.3% |
| 2006 | 41.19 trillion current US$ | +6.2% |
| 2007 | 45.22 trillion current US$ | +9.8% |
| 2008 | 48.54 trillion current US$ | +7.3% |
| 2009 | 44.92 trillion current US$ | -7.5% |
| 2010 | 47.23 trillion current US$ | +5.2% |
| 2011 | 51.27 trillion current US$ | +8.6% |
| 2012 | 51.34 trillion current US$ | +0.1% |
| 2013 | 51.96 trillion current US$ | +1.2% |
| 2014 | 52.93 trillion current US$ | +1.9% |
| 2015 | 49.59 trillion current US$ | -6.3% |
| 2016 | 50.54 trillion current US$ | +1.9% |
| 2017 | 53.07 trillion current US$ | +5.0% |
| 2018 | 56.37 trillion current US$ | +6.2% |
| 2019 | 57.12 trillion current US$ | +1.3% |
| 2020 | 55.90 trillion current US$ | -2.1% |
| 2021 | 62.57 trillion current US$ | +11.9% |
| 2022 | 65.13 trillion current US$ | +4.1% |
| 2023 | 68.44 trillion current US$ | +5.1% |
| 2024 | 71.25 trillion current US$ | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.91 trillion current US$ | 2.51 trillion current US$ | 8.49 trillion current US$ | 10 |
| 1980s | 12.20 trillion current US$ | 9.45 trillion current US$ | 17.77 trillion current US$ | 10 |
| 1990s | 24.20 trillion current US$ | 19.88 trillion current US$ | 27.46 trillion current US$ | 10 |
| 2000s | 37.32 trillion current US$ | 27.97 trillion current US$ | 48.54 trillion current US$ | 10 |
| 2010s | 52.14 trillion current US$ | 47.23 trillion current US$ | 57.12 trillion current US$ | 10 |
| 2020s | 64.66 trillion current US$ | 55.90 trillion current US$ | 71.25 trillion current US$ | 5 |
Countries ranked near High income
- 1 United States of America 30.20 trillion current US$ compare
- 2 China 18.20 trillion current US$ compare
- 3 Germany 4.93 trillion current US$ compare
- 4 Japan 4.23 trillion current US$ compare
- 5 United Kingdom of Great Britain and Northern Ireland 4.06 trillion current US$ compare
More economy & growth data for High income
- Exports of goods and services 31.7% (2025)
- Final consumption expenditure 2.3% (2024)
- Gross national expenditure 59.50 trillion constant 2015 US$ (2024)
- Exports of goods and services 24.41 trillion current US$ (2025)
- Exports of goods and services 19.91 trillion constant 2015 US$ (2025)
- Exports of goods and services 4.4% (2025)
- Gross fixed capital formation 13.45 trillion constant 2015 US$ (2024)
- Gross fixed capital formation 22.2% (2024)
- Gross fixed capital formation 1.4% (2024)
- Final consumption expenditure 45.91 trillion constant 2015 US$ (2024)
Frequently asked questions
- What is gross national expenditure in High income?
- Gross national expenditure in High income was 71.25 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 High income?
- The highest recorded value was 71.25 trillion current US$ in 2024.
- What is the lowest gross national expenditure recorded in High income?
- The lowest recorded value was 2.51 trillion current US$ in 1970.
- How does High income rank for gross national expenditure?
- High income ranks 2nd out of 41 groups with data for 2024.
- Is gross national expenditure rising or falling in High income?
- Over the last ten years it is up 34.6%. The long-run trend across the full record is volatile.
- Where does this High income 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.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.