Gross national expenditure (current US$) in United States
United States: Gross national expenditure (current US$) was 30.20 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
30.20 trillion current US$
Change on year
up 5.6%
World rank
1st
of 186 countries
All-time high
30.20 trillion current US$
in 2024
All-time low
1.07 trillion current US$
in 1970
Years of data
55
1970–2024
Gross national expenditure in United States, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
United States recorded 30.20 trillion current US$ for gross national expenditure in 2024. That is the highest value across all 55 years on record.
The figure is up 5.6% on the previous year and up 66.7% over ten years.
Over the whole period, gross national expenditure in United States peaked at 30.20 trillion current US$ in 2024 and was at its lowest, 1.07 trillion current US$, in 1970.
United States ranks 1st of 186 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$) in United States, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 1.07 trillion current US$ | — |
| 1971 | 1.16 trillion current US$ | +8.9% |
| 1972 | 1.28 trillion current US$ | +10.2% |
| 1973 | 1.42 trillion current US$ | +10.8% |
| 1974 | 1.55 trillion current US$ | +8.8% |
| 1975 | 1.67 trillion current US$ | +7.9% |
| 1976 | 1.88 trillion current US$ | +12.3% |
| 1977 | 2.10 trillion current US$ | +12.3% |
| 1978 | 2.38 trillion current US$ | +12.9% |
| 1979 | 2.65 trillion current US$ | +11.5% |
| 1980 | 2.87 trillion current US$ | +8.3% |
| 1981 | 3.22 trillion current US$ | +12.2% |
| 1982 | 3.36 trillion current US$ | +4.5% |
| 1983 | 3.69 trillion current US$ | +9.6% |
| 1984 | 4.14 trillion current US$ | +12.3% |
| 1985 | 4.45 trillion current US$ | +7.6% |
| 1986 | 4.71 trillion current US$ | +5.8% |
| 1987 | 5.00 trillion current US$ | +6.1% |
| 1988 | 5.35 trillion current US$ | +6.9% |
| 1989 | 5.73 trillion current US$ | +7.2% |
| 1990 | 6.04 trillion current US$ | +5.5% |
| 1991 | 6.19 trillion current US$ | +2.4% |
| 1992 | 6.56 trillion current US$ | +6.0% |
| 1993 | 6.92 trillion current US$ | +5.6% |
| 1994 | 7.38 trillion current US$ | +6.6% |
| 1995 | 7.73 trillion current US$ | +4.7% |
| 1996 | 8.17 trillion current US$ | +5.7% |
| 1997 | 8.68 trillion current US$ | +6.2% |
| 1998 | 9.23 trillion current US$ | +6.3% |
| 1999 | 9.89 trillion current US$ | +7.2% |
| 2000 | 10.63 trillion current US$ | +7.5% |
| 2001 | 10.96 trillion current US$ | +3.1% |
| 2002 | 11.37 trillion current US$ | +3.7% |
| 2003 | 11.98 trillion current US$ | +5.4% |
| 2004 | 12.85 trillion current US$ | +7.3% |
| 2005 | 13.78 trillion current US$ | +7.2% |
| 2006 | 14.60 trillion current US$ | +6.0% |
| 2007 | 15.21 trillion current US$ | +4.2% |
| 2008 | 15.51 trillion current US$ | +2.0% |
| 2009 | 14.90 trillion current US$ | -4.0% |
| 2010 | 15.58 trillion current US$ | +4.6% |
| 2011 | 16.18 trillion current US$ | +3.8% |
| 2012 | 16.81 trillion current US$ | +3.9% |
| 2013 | 17.36 trillion current US$ | +3.3% |
| 2014 | 18.12 trillion current US$ | +4.4% |
| 2015 | 18.82 trillion current US$ | +3.9% |
| 2016 | 19.31 trillion current US$ | +2.6% |
| 2017 | 20.16 trillion current US$ | +4.4% |
| 2018 | 21.25 trillion current US$ | +5.4% |
| 2019 | 22.12 trillion current US$ | +4.1% |
| 2020 | 21.99 trillion current US$ | -0.6% |
| 2021 | 24.57 trillion current US$ | +11.7% |
| 2022 | 26.99 trillion current US$ | +9.8% |
| 2023 | 28.60 trillion current US$ | +5.9% |
| 2024 | 30.20 trillion current US$ | +5.6% |
United States compared with similar countries
- United States's 30.20 trillion current US$ is above the median for high income countries, which is 195.11 billion current US$, 154.8× the median. (66 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.72 trillion current US$ | 1.07 trillion current US$ | 2.65 trillion current US$ | 10 |
| 1980s | 4.25 trillion current US$ | 2.87 trillion current US$ | 5.73 trillion current US$ | 10 |
| 1990s | 7.68 trillion current US$ | 6.04 trillion current US$ | 9.89 trillion current US$ | 10 |
| 2000s | 13.18 trillion current US$ | 10.63 trillion current US$ | 15.51 trillion current US$ | 10 |
| 2010s | 18.57 trillion current US$ | 15.58 trillion current US$ | 22.12 trillion current US$ | 10 |
| 2020s | 26.47 trillion current US$ | 21.99 trillion current US$ | 30.20 trillion current US$ | 5 |
Countries ranked near United States
More economy & growth data for United States
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.26 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0057 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 509.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.7205 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0041 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 371.72 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 0.9623 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure in United States?
- Gross national expenditure in United States was 30.20 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 United States?
- The highest recorded value was 30.20 trillion current US$ in 2024.
- What is the lowest gross national expenditure recorded in United States?
- The lowest recorded value was 1.07 trillion current US$ in 1970.
- How does United States rank for gross national expenditure?
- United States ranks 1st out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in United States?
- Over the last ten years it is up 66.7%. The long-run trend across the full record is volatile.
- Where does this United States 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.