Gross national expenditure in OECD members
OECD members: Gross national expenditure was 68.20 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
68.20 trillion current US$
Change on year
up 4.2%
Rank
3rd
of 43 groups
All-time high
68.20 trillion current US$
in 2024
All-time low
2.43 trillion current US$
in 1970
Years of data
55
1970–2024
Gross national expenditure in OECD members, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross national expenditure in OECD members is 68.20 trillion current US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 4.2% on the previous year and up 34.4% over ten years.
Over the whole period, gross national expenditure in OECD members peaked at 68.20 trillion current US$ in 2024 and was at its lowest, 2.43 trillion current US$, in 1970.
OECD members ranks 3rd of 43 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in OECD members, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 2.43 trillion current US$ | — |
| 1971 | 2.69 trillion current US$ | +10.8% |
| 1972 | 3.12 trillion current US$ | +16.2% |
| 1973 | 3.80 trillion current US$ | +21.5% |
| 1974 | 4.29 trillion current US$ | +13.1% |
| 1975 | 4.77 trillion current US$ | +11.1% |
| 1976 | 5.19 trillion current US$ | +8.8% |
| 1977 | 5.85 trillion current US$ | +12.7% |
| 1978 | 7.00 trillion current US$ | +19.7% |
| 1979 | 8.15 trillion current US$ | +16.4% |
| 1980 | 9.08 trillion current US$ | +11.4% |
| 1981 | 9.18 trillion current US$ | +1.0% |
| 1982 | 9.00 trillion current US$ | -1.9% |
| 1983 | 9.28 trillion current US$ | +3.1% |
| 1984 | 9.72 trillion current US$ | +4.7% |
| 1985 | 10.23 trillion current US$ | +5.3% |
| 1986 | 12.37 trillion current US$ | +21.0% |
| 1987 | 14.37 trillion current US$ | +16.1% |
| 1988 | 16.23 trillion current US$ | +12.9% |
| 1989 | 17.03 trillion current US$ | +4.9% |
| 1990 | 19.17 trillion current US$ | +12.6% |
| 1991 | 20.17 trillion current US$ | +5.2% |
| 1992 | 21.65 trillion current US$ | +7.3% |
| 1993 | 21.92 trillion current US$ | +1.3% |
| 1994 | 23.43 trillion current US$ | +6.9% |
| 1995 | 25.71 trillion current US$ | +9.7% |
| 1996 | 25.98 trillion current US$ | +1.1% |
| 1997 | 25.54 trillion current US$ | -1.7% |
| 1998 | 25.73 trillion current US$ | +0.7% |
| 1999 | 27.18 trillion current US$ | +5.6% |
| 2000 | 27.97 trillion current US$ | +2.9% |
| 2001 | 27.67 trillion current US$ | -1.1% |
| 2002 | 28.85 trillion current US$ | +4.3% |
| 2003 | 32.31 trillion current US$ | +12.0% |
| 2004 | 35.96 trillion current US$ | +11.3% |
| 2005 | 38.21 trillion current US$ | +6.3% |
| 2006 | 40.37 trillion current US$ | +5.7% |
| 2007 | 44.06 trillion current US$ | +9.1% |
| 2008 | 46.90 trillion current US$ | +6.5% |
| 2009 | 43.46 trillion current US$ | -7.3% |
| 2010 | 45.74 trillion current US$ | +5.2% |
| 2011 | 49.32 trillion current US$ | +7.8% |
| 2012 | 49.15 trillion current US$ | -0.4% |
| 2013 | 49.69 trillion current US$ | +1.1% |
| 2014 | 50.73 trillion current US$ | +2.1% |
| 2015 | 47.78 trillion current US$ | -5.8% |
| 2016 | 48.65 trillion current US$ | +1.8% |
| 2017 | 50.82 trillion current US$ | +4.5% |
| 2018 | 53.83 trillion current US$ | +5.9% |
| 2019 | 54.42 trillion current US$ | +1.1% |
| 2020 | 53.26 trillion current US$ | -2.1% |
| 2021 | 59.60 trillion current US$ | +11.9% |
| 2022 | 61.83 trillion current US$ | +3.7% |
| 2023 | 65.45 trillion current US$ | +5.9% |
| 2024 | 68.20 trillion current US$ | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.73 trillion current US$ | 2.43 trillion current US$ | 8.15 trillion current US$ | 10 |
| 1980s | 11.65 trillion current US$ | 9.00 trillion current US$ | 17.03 trillion current US$ | 10 |
| 1990s | 23.65 trillion current US$ | 19.17 trillion current US$ | 27.18 trillion current US$ | 10 |
| 2000s | 36.58 trillion current US$ | 27.67 trillion current US$ | 46.90 trillion current US$ | 10 |
| 2010s | 50.01 trillion current US$ | 45.74 trillion current US$ | 54.42 trillion current US$ | 10 |
| 2020s | 61.67 trillion current US$ | 53.26 trillion current US$ | 68.20 trillion current US$ | 5 |
Countries ranked near OECD members
More economy & growth data for OECD members
- Foreign direct investment, net outflows (BoP, current US$), per capita 779.17 BoP, current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1456 constant 2015 US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0151 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2.7 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 8,471 current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1733 current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0107 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 2.6 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 777.22 billion BoP, current US$ (2025)
- General government final consumption expenditure (constant 2015 US$) 7,116 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross national expenditure in OECD members?
- Gross national expenditure in OECD members was 68.20 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 OECD members?
- The highest recorded value was 68.20 trillion current US$ in 2024.
- What is the lowest gross national expenditure recorded in OECD members?
- The lowest recorded value was 2.43 trillion current US$ in 1970.
- How does OECD members rank for gross national expenditure?
- OECD members ranks 3rd out of 43 groups with data for 2024.
- Is gross national expenditure rising or falling in OECD members?
- Over the last ten years it is up 34.4%. The long-run trend across the full record is volatile.
- Where does this OECD members 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.