Gross national expenditure in Middle income
Middle income: Gross national expenditure was 39.19 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
39.19 trillion current US$
Change on year
up 4.0%
Rank
8th
of 41 groups
All-time high
39.19 trillion current US$
in 2024
All-time low
261.44 billion current US$
in 1960
Years of data
65
1960–2024
Gross national expenditure in Middle income, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Middle income recorded 39.19 trillion current US$ for gross national expenditure in 2024. That is the highest value across all 65 years on record.
That represents a change of up 4.0% on the previous year and up 50.2% over ten years.
Over the whole period, gross national expenditure in Middle income peaked at 39.19 trillion current US$ in 2024 and was at its lowest, 261.44 billion current US$, in 1960.
That places Middle income 8th out of 41 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Middle income, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 261.44 billion current US$ | — |
| 1961 | 262.41 billion current US$ | +0.4% |
| 1962 | 269.86 billion current US$ | +2.8% |
| 1963 | 297.18 billion current US$ | +10.1% |
| 1964 | 333.41 billion current US$ | +12.2% |
| 1965 | 362.73 billion current US$ | +8.8% |
| 1966 | 373.41 billion current US$ | +2.9% |
| 1967 | 386.12 billion current US$ | +3.4% |
| 1968 | 408.92 billion current US$ | +5.9% |
| 1969 | 451.37 billion current US$ | +10.4% |
| 1970 | 501.89 billion current US$ | +11.2% |
| 1971 | 550.17 billion current US$ | +9.6% |
| 1972 | 609.77 billion current US$ | +10.8% |
| 1973 | 764.22 billion current US$ | +25.3% |
| 1974 | 974.17 billion current US$ | +27.5% |
| 1975 | 1.10 trillion current US$ | +13.2% |
| 1976 | 1.17 trillion current US$ | +6.2% |
| 1977 | 1.33 trillion current US$ | +13.2% |
| 1978 | 1.48 trillion current US$ | +11.9% |
| 1979 | 1.68 trillion current US$ | +13.6% |
| 1980 | 2.00 trillion current US$ | +18.8% |
| 1981 | 2.22 trillion current US$ | +10.8% |
| 1982 | 2.19 trillion current US$ | -1.1% |
| 1983 | 2.15 trillion current US$ | -2.0% |
| 1984 | 2.21 trillion current US$ | +2.9% |
| 1985 | 2.29 trillion current US$ | +3.5% |
| 1986 | 2.42 trillion current US$ | +5.6% |
| 1987 | 2.44 trillion current US$ | +0.8% |
| 1988 | 2.66 trillion current US$ | +9.1% |
| 1989 | 2.83 trillion current US$ | +6.4% |
| 1990 | 3.26 trillion current US$ | +15.3% |
| 1991 | 3.15 trillion current US$ | -3.3% |
| 1992 | 3.39 trillion current US$ | +7.5% |
| 1993 | 3.65 trillion current US$ | +7.8% |
| 1994 | 4.09 trillion current US$ | +11.9% |
| 1995 | 4.68 trillion current US$ | +14.5% |
| 1996 | 5.15 trillion current US$ | +10.0% |
| 1997 | 5.44 trillion current US$ | +5.6% |
| 1998 | 5.31 trillion current US$ | -2.5% |
| 1999 | 5.24 trillion current US$ | -1.2% |
| 2000 | 5.63 trillion current US$ | +7.5% |
| 2001 | 5.68 trillion current US$ | +0.8% |
| 2002 | 5.72 trillion current US$ | +0.7% |
| 2003 | 6.43 trillion current US$ | +12.3% |
| 2004 | 7.52 trillion current US$ | +17.0% |
| 2005 | 8.79 trillion current US$ | +16.9% |
| 2006 | 10.21 trillion current US$ | +16.2% |
| 2007 | 12.61 trillion current US$ | +23.4% |
| 2008 | 14.99 trillion current US$ | +18.9% |
| 2009 | 15.30 trillion current US$ | +2.1% |
| 2010 | 18.61 trillion current US$ | +21.6% |
| 2011 | 22.05 trillion current US$ | +18.5% |
| 2012 | 23.56 trillion current US$ | +6.8% |
| 2013 | 24.98 trillion current US$ | +6.1% |
| 2014 | 26.08 trillion current US$ | +4.4% |
| 2015 | 25.24 trillion current US$ | -3.2% |
| 2016 | 25.60 trillion current US$ | +1.4% |
| 2017 | 28.03 trillion current US$ | +9.5% |
| 2018 | 29.94 trillion current US$ | +6.8% |
| 2019 | 30.58 trillion current US$ | +2.1% |
| 2020 | 29.55 trillion current US$ | -3.3% |
| 2021 | 34.78 trillion current US$ | +17.7% |
| 2022 | 36.24 trillion current US$ | +4.2% |
| 2023 | 37.68 trillion current US$ | +4.0% |
| 2024 | 39.19 trillion current US$ | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 340.69 billion current US$ | 261.44 billion current US$ | 451.37 billion current US$ | 10 |
| 1970s | 1.02 trillion current US$ | 501.89 billion current US$ | 1.68 trillion current US$ | 10 |
| 1980s | 2.34 trillion current US$ | 2.00 trillion current US$ | 2.83 trillion current US$ | 10 |
| 1990s | 4.34 trillion current US$ | 3.15 trillion current US$ | 5.44 trillion current US$ | 10 |
| 2000s | 9.29 trillion current US$ | 5.63 trillion current US$ | 15.30 trillion current US$ | 10 |
| 2010s | 25.47 trillion current US$ | 18.61 trillion current US$ | 30.58 trillion current US$ | 10 |
| 2020s | 35.49 trillion current US$ | 29.55 trillion current US$ | 39.19 trillion current US$ | 5 |
Countries ranked near Middle income
- 5 United Kingdom of Great Britain and Northern Ireland 4.06 trillion current US$ compare
- 6 India 4.04 trillion current US$ compare
- 7 France 3.38 trillion current US$ compare
- 8 Italy 2.50 trillion current US$ compare
- 9 Russian Federation 2.47 trillion current US$ compare
- 10 Canada 2.34 trillion current US$ compare
- 11 Brazil 2.27 trillion current US$ compare
More economy & growth data for Middle income
- Manufacturing, value added 8.27 trillion current US$ (2025)
- Imports of goods and services 9.88 trillion current US$ (2025)
- Imports of goods and services 24.2% (2025)
- Trade in services 8.2% (2025)
- Trade 48.5% (2025)
- Agriculture, forestry, and fishing, value added 3.31 trillion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 3.3% (2025)
- Industry (including construction), value added 12.84 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 32.4% (2025)
- Industry (including construction), value added 4.2% (2025)
Frequently asked questions
- What is gross national expenditure in Middle income?
- Gross national expenditure in Middle income was 39.19 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 Middle income?
- The highest recorded value was 39.19 trillion current US$ in 2024.
- What is the lowest gross national expenditure recorded in Middle income?
- The lowest recorded value was 261.44 billion current US$ in 1960.
- How does Middle income rank for gross national expenditure?
- Middle income ranks 8th out of 41 groups with data for 2024.
- Is gross national expenditure rising or falling in Middle income?
- Over the last ten years it is up 50.2%. The long-run trend across the full record is volatile.
- Where does this Middle 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 — 65 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.