Gross national expenditure in World
World: Gross national expenditure was 111.01 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
111.01 trillion current US$
Change on year
up 4.1%
Rank
1st
of 43 groups
All-time high
111.01 trillion current US$
in 2024
All-time low
3.05 trillion current US$
in 1970
Years of data
55
1970–2024
Gross national expenditure in World, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross national expenditure in World is 111.01 trillion current US$, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 4.1% on the previous year and up 39.7% over ten years.
Over the whole period, gross national expenditure in World peaked at 111.01 trillion current US$ in 2024 and was at its lowest, 3.05 trillion current US$, in 1970.
That places World 1st out of 43 groups with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in World, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 3.05 trillion current US$ | — |
| 1971 | 3.38 trillion current US$ | +10.8% |
| 1972 | 3.89 trillion current US$ | +15.3% |
| 1973 | 4.75 trillion current US$ | +22.0% |
| 1974 | 5.48 trillion current US$ | +15.5% |
| 1975 | 6.09 trillion current US$ | +11.1% |
| 1976 | 6.62 trillion current US$ | +8.8% |
| 1977 | 7.50 trillion current US$ | +13.3% |
| 1978 | 8.89 trillion current US$ | +18.5% |
| 1979 | 10.30 trillion current US$ | +15.8% |
| 1980 | 11.58 trillion current US$ | +12.5% |
| 1981 | 11.86 trillion current US$ | +2.4% |
| 1982 | 11.76 trillion current US$ | -0.8% |
| 1983 | 12.05 trillion current US$ | +2.4% |
| 1984 | 12.55 trillion current US$ | +4.2% |
| 1985 | 13.14 trillion current US$ | +4.7% |
| 1986 | 15.60 trillion current US$ | +18.7% |
| 1987 | 17.75 trillion current US$ | +13.8% |
| 1988 | 19.93 trillion current US$ | +12.3% |
| 1989 | 20.85 trillion current US$ | +4.6% |
| 1990 | 23.44 trillion current US$ | +12.4% |
| 1991 | 24.36 trillion current US$ | +3.9% |
| 1992 | 25.94 trillion current US$ | +6.5% |
| 1993 | 26.33 trillion current US$ | +1.5% |
| 1994 | 28.34 trillion current US$ | +7.7% |
| 1995 | 31.42 trillion current US$ | +10.9% |
| 1996 | 32.11 trillion current US$ | +2.2% |
| 1997 | 31.91 trillion current US$ | -0.6% |
| 1998 | 31.74 trillion current US$ | -0.5% |
| 1999 | 33.04 trillion current US$ | +4.1% |
| 2000 | 34.19 trillion current US$ | +3.5% |
| 2001 | 33.99 trillion current US$ | -0.6% |
| 2002 | 35.24 trillion current US$ | +3.7% |
| 2003 | 39.55 trillion current US$ | +12.3% |
| 2004 | 44.46 trillion current US$ | +12.4% |
| 2005 | 48.07 trillion current US$ | +8.1% |
| 2006 | 51.90 trillion current US$ | +8.0% |
| 2007 | 58.35 trillion current US$ | +12.4% |
| 2008 | 64.07 trillion current US$ | +9.8% |
| 2009 | 60.71 trillion current US$ | -5.3% |
| 2010 | 66.28 trillion current US$ | +9.2% |
| 2011 | 73.75 trillion current US$ | +11.3% |
| 2012 | 75.30 trillion current US$ | +2.1% |
| 2013 | 77.37 trillion current US$ | +2.7% |
| 2014 | 79.45 trillion current US$ | +2.7% |
| 2015 | 75.25 trillion current US$ | -5.3% |
| 2016 | 76.54 trillion current US$ | +1.7% |
| 2017 | 81.50 trillion current US$ | +6.5% |
| 2018 | 86.71 trillion current US$ | +6.4% |
| 2019 | 88.12 trillion current US$ | +1.6% |
| 2020 | 85.88 trillion current US$ | -2.5% |
| 2021 | 97.78 trillion current US$ | +13.9% |
| 2022 | 101.87 trillion current US$ | +4.2% |
| 2023 | 106.63 trillion current US$ | +4.7% |
| 2024 | 111.01 trillion current US$ | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.99 trillion current US$ | 3.05 trillion current US$ | 10.30 trillion current US$ | 10 |
| 1980s | 14.71 trillion current US$ | 11.58 trillion current US$ | 20.85 trillion current US$ | 10 |
| 1990s | 28.86 trillion current US$ | 23.44 trillion current US$ | 33.04 trillion current US$ | 10 |
| 2000s | 47.05 trillion current US$ | 33.99 trillion current US$ | 64.07 trillion current US$ | 10 |
| 2010s | 78.03 trillion current US$ | 66.28 trillion current US$ | 88.12 trillion current US$ | 10 |
| 2020s | 100.63 trillion current US$ | 85.88 trillion current US$ | 111.01 trillion current US$ | 5 |
Countries ranked near World
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.49 trillion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0126 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 180.85 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.35 trillion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -14.25 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0114 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 163.93 BoP, current US$ per person (2025)
- General government final consumption expenditure (current US$) 4.45 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure in World?
- Gross national expenditure in World was 111.01 trillion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in World?
- The highest recorded value was 111.01 trillion current US$ in 2024.
- What is the lowest gross national expenditure recorded in World?
- The lowest recorded value was 3.05 trillion current US$ in 1970.
- How does World rank for gross national expenditure?
- World ranks 1st out of 43 groups with data for 2024.
- Is gross national expenditure rising or falling in World?
- Over the last ten years it is up 39.7%. The long-run trend across the full record is volatile.
- Where does this World 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 — 55 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.