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 44 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

020.0T40.0T60.0T197019972024

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 44 groups on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest 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

  1. 1 United States 30.20 trillion current US$ compare
  2. 2 China 18.20 trillion current US$ compare
  3. 3 Germany 4.93 trillion current US$ compare
  4. 4 Japan 4.23 trillion current US$ compare
  5. 5 United Kingdom 4.06 trillion current US$ compare
  6. 6 India 4.04 trillion current US$ compare

See the full ranking of 228 places →

More economy & growth data for OECD members

All data for OECD members →

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 44 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

Indicator
Gross national expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
228 places, 10,837 data points, 1960–2025
Last refreshed

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.