Gross national expenditure in Late-demographic dividend
Late-demographic dividend: Gross national expenditure was 28.77 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
28.77 trillion current US$
Change on year
up 3.1%
Rank
13th
of 41 groups
All-time high
28.77 trillion current US$
in 2024
All-time low
179.02 billion current US$
in 1961
Years of data
65
1960–2024
Gross national expenditure in Late-demographic dividend, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross national expenditure in Late-demographic dividend is 28.77 trillion current US$, measured in 2024. That is the highest value across all 65 years on record.
The figure is up 3.1% on the previous year and up 48.7% over ten years.
Over the whole period, gross national expenditure in Late-demographic dividend peaked at 28.77 trillion current US$ in 2024 and was at its lowest, 179.02 billion current US$, in 1961.
Late-demographic dividend ranks 13th of 41 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Late-demographic dividend, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 194.19 billion current US$ | — |
| 1961 | 179.02 billion current US$ | -7.8% |
| 1962 | 184.80 billion current US$ | +3.2% |
| 1963 | 201.66 billion current US$ | +9.1% |
| 1964 | 215.56 billion current US$ | +6.9% |
| 1965 | 233.79 billion current US$ | +8.5% |
| 1966 | 265.75 billion current US$ | +13.7% |
| 1967 | 266.67 billion current US$ | +0.3% |
| 1968 | 277.12 billion current US$ | +3.9% |
| 1969 | 302.95 billion current US$ | +9.3% |
| 1970 | 352.21 billion current US$ | +16.3% |
| 1971 | 393.61 billion current US$ | +11.8% |
| 1972 | 447.20 billion current US$ | +13.6% |
| 1973 | 569.39 billion current US$ | +27.3% |
| 1974 | 668.26 billion current US$ | +17.4% |
| 1975 | 738.52 billion current US$ | +10.5% |
| 1976 | 802.20 billion current US$ | +8.6% |
| 1977 | 922.04 billion current US$ | +14.9% |
| 1978 | 971.70 billion current US$ | +5.4% |
| 1979 | 1.15 trillion current US$ | +18.1% |
| 1980 | 1.29 trillion current US$ | +12.0% |
| 1981 | 1.37 trillion current US$ | +6.7% |
| 1982 | 1.40 trillion current US$ | +2.2% |
| 1983 | 1.29 trillion current US$ | -8.0% |
| 1984 | 1.35 trillion current US$ | +4.7% |
| 1985 | 1.47 trillion current US$ | +9.1% |
| 1986 | 1.57 trillion current US$ | +6.5% |
| 1987 | 1.60 trillion current US$ | +1.8% |
| 1988 | 1.80 trillion current US$ | +12.5% |
| 1989 | 1.92 trillion current US$ | +6.9% |
| 1990 | 1.99 trillion current US$ | +3.5% |
| 1991 | 1.98 trillion current US$ | -0.2% |
| 1992 | 1.93 trillion current US$ | -2.4% |
| 1993 | 2.07 trillion current US$ | +7.2% |
| 1994 | 2.43 trillion current US$ | +17.0% |
| 1995 | 3.04 trillion current US$ | +25.2% |
| 1996 | 3.35 trillion current US$ | +10.2% |
| 1997 | 3.49 trillion current US$ | +4.1% |
| 1998 | 3.31 trillion current US$ | -5.0% |
| 1999 | 3.00 trillion current US$ | -9.4% |
| 2000 | 3.27 trillion current US$ | +8.9% |
| 2001 | 3.41 trillion current US$ | +4.3% |
| 2002 | 3.60 trillion current US$ | +5.4% |
| 2003 | 4.08 trillion current US$ | +13.6% |
| 2004 | 4.88 trillion current US$ | +19.5% |
| 2005 | 5.81 trillion current US$ | +19.1% |
| 2006 | 6.95 trillion current US$ | +19.6% |
| 2007 | 8.85 trillion current US$ | +27.4% |
| 2008 | 11.10 trillion current US$ | +25.4% |
| 2009 | 10.90 trillion current US$ | -1.7% |
| 2010 | 13.03 trillion current US$ | +19.5% |
| 2011 | 15.89 trillion current US$ | +21.9% |
| 2012 | 17.09 trillion current US$ | +7.5% |
| 2013 | 18.55 trillion current US$ | +8.6% |
| 2014 | 19.35 trillion current US$ | +4.3% |
| 2015 | 18.11 trillion current US$ | -6.4% |
| 2016 | 18.28 trillion current US$ | +0.9% |
| 2017 | 20.25 trillion current US$ | +10.8% |
| 2018 | 22.24 trillion current US$ | +9.9% |
| 2019 | 22.88 trillion current US$ | +2.8% |
| 2020 | 22.32 trillion current US$ | -2.4% |
| 2021 | 26.25 trillion current US$ | +17.6% |
| 2022 | 27.17 trillion current US$ | +3.5% |
| 2023 | 27.91 trillion current US$ | +2.7% |
| 2024 | 28.77 trillion current US$ | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 232.15 billion current US$ | 179.02 billion current US$ | 302.95 billion current US$ | 10 |
| 1970s | 701.27 billion current US$ | 352.21 billion current US$ | 1.15 trillion current US$ | 10 |
| 1980s | 1.50 trillion current US$ | 1.29 trillion current US$ | 1.92 trillion current US$ | 10 |
| 1990s | 2.66 trillion current US$ | 1.93 trillion current US$ | 3.49 trillion current US$ | 10 |
| 2000s | 6.28 trillion current US$ | 3.27 trillion current US$ | 11.10 trillion current US$ | 10 |
| 2010s | 18.57 trillion current US$ | 13.03 trillion current US$ | 22.88 trillion current US$ | 10 |
| 2020s | 26.48 trillion current US$ | 22.32 trillion current US$ | 28.77 trillion current US$ | 5 |
Countries ranked near Late-demographic dividend
- 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 Republic of Korea 1.78 trillion current US$ compare
- 16 Türkiye 1.60 trillion current US$ compare
More economy & growth data for Late-demographic dividend
- Manufacturing, value added 6.69 trillion current US$ (2025)
- Imports of goods and services 8.49 trillion current US$ (2025)
- Imports of goods and services 26.6% (2025)
- External balance on goods and services 4.7% (2025)
- Trade in services 8.0% (2025)
- Agriculture, forestry, and fishing, value added 1.81 trillion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 4.3% (2025)
- Industry (including construction), value added 10.08 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 33.3% (2025)
- Industry (including construction), value added 4.6% (2025)
Frequently asked questions
- What is gross national expenditure in Late-demographic dividend?
- Gross national expenditure in Late-demographic dividend was 28.77 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 Late-demographic dividend?
- The highest recorded value was 28.77 trillion current US$ in 2024.
- What is the lowest gross national expenditure recorded in Late-demographic dividend?
- The lowest recorded value was 179.02 billion current US$ in 1961.
- How does Late-demographic dividend rank for gross national expenditure?
- Late-demographic dividend ranks 13th out of 41 groups with data for 2024.
- Is gross national expenditure rising or falling in Late-demographic dividend?
- Over the last ten years it is up 48.7%. The long-run trend across the full record is volatile.
- Where does this Late-demographic dividend 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.