Gross national expenditure in United States of America
United States of America: Gross national expenditure 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 185 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 of America, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
United States of America recorded 30.20 trillion current US$ 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 of America peaked at 30.20 trillion current US$ in 2024 and was at its lowest, 1.07 trillion current US$, in 1970.
United States of America ranks 1st of 185 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in United States of America, year by year
| Year | current US$ | 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% |
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 of America
More economy & growth data for United States of America
- 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)
- GNI, Atlas method (current US$), annual growth rate 7.67 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9864 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 88,805 current US$ per person (2025)
- GNI (current US$), annual growth rate 5.49 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.994 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 89,488 current US$ per person (2025)
- GNI (current LCU), annual growth rate 5.49 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.994 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure in United States of America?
- Gross national expenditure in United States of America 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 of America?
- The highest recorded value was 30.20 trillion current US$ in 2024.
- What is the lowest gross national expenditure recorded in United States of America?
- The lowest recorded value was 1.07 trillion current US$ in 1970.
- How does United States of America rank for gross national expenditure?
- United States of America ranks 1st out of 185 countries with data for 2024.
- Is gross national expenditure rising or falling in United States of America?
- 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 of America 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.