Households and NPISHs Final consumption expenditure in North America
North America: Households and NPISHs Final consumption expenditure was 16.76 trillion constant 2015 US$ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure in North America, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for households and npishs final consumption expenditure in North America is 16.76 trillion constant 2015 US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 2.9% on the previous year and up 31.1% over ten years.
Over the whole period, households and npishs final consumption expenditure in North America peaked at 16.76 trillion constant 2015 US$ in 2024 and was at its lowest, 3.42 trillion constant 2015 US$, in 1970.
That places North America 9th out of 42 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Households and NPISHs Final consumption expenditure in North America, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 3.42 trillion constant 2015 US$ | — |
| 1971 | 3.55 trillion constant 2015 US$ | +4.0% |
| 1972 | 3.77 trillion constant 2015 US$ | +6.2% |
| 1973 | 3.96 trillion constant 2015 US$ | +5.1% |
| 1974 | 3.95 trillion constant 2015 US$ | -0.4% |
| 1975 | 4.04 trillion constant 2015 US$ | +2.4% |
| 1976 | 4.26 trillion constant 2015 US$ | +5.5% |
| 1977 | 4.44 trillion constant 2015 US$ | +4.1% |
| 1978 | 4.63 trillion constant 2015 US$ | +4.3% |
| 1979 | 4.74 trillion constant 2015 US$ | +2.4% |
| 1980 | 4.73 trillion constant 2015 US$ | -0.2% |
| 1981 | 4.80 trillion constant 2015 US$ | +1.4% |
| 1982 | 4.85 trillion constant 2015 US$ | +1.2% |
| 1983 | 5.11 trillion constant 2015 US$ | +5.4% |
| 1984 | 5.38 trillion constant 2015 US$ | +5.2% |
| 1985 | 5.66 trillion constant 2015 US$ | +5.2% |
| 1986 | 5.89 trillion constant 2015 US$ | +4.1% |
| 1987 | 6.09 trillion constant 2015 US$ | +3.4% |
| 1988 | 6.34 trillion constant 2015 US$ | +4.2% |
| 1989 | 6.53 trillion constant 2015 US$ | +2.9% |
| 1990 | 6.66 trillion constant 2015 US$ | +2.0% |
| 1991 | 6.66 trillion constant 2015 US$ | +0.1% |
| 1992 | 6.90 trillion constant 2015 US$ | +3.5% |
| 1993 | 7.13 trillion constant 2015 US$ | +3.4% |
| 1994 | 7.40 trillion constant 2015 US$ | +3.8% |
| 1995 | 7.62 trillion constant 2015 US$ | +2.9% |
| 1996 | 7.88 trillion constant 2015 US$ | +3.4% |
| 1997 | 8.18 trillion constant 2015 US$ | +3.8% |
| 1998 | 8.60 trillion constant 2015 US$ | +5.1% |
| 1999 | 9.06 trillion constant 2015 US$ | +5.3% |
| 2000 | 9.51 trillion constant 2015 US$ | +5.0% |
| 2001 | 9.75 trillion constant 2015 US$ | +2.5% |
| 2002 | 10.00 trillion constant 2015 US$ | +2.6% |
| 2003 | 10.32 trillion constant 2015 US$ | +3.1% |
| 2004 | 10.70 trillion constant 2015 US$ | +3.7% |
| 2005 | 11.08 trillion constant 2015 US$ | +3.6% |
| 2006 | 11.41 trillion constant 2015 US$ | +3.0% |
| 2007 | 11.70 trillion constant 2015 US$ | +2.6% |
| 2008 | 11.74 trillion constant 2015 US$ | +0.3% |
| 2009 | 11.60 trillion constant 2015 US$ | -1.2% |
| 2010 | 11.83 trillion constant 2015 US$ | +2.0% |
| 2011 | 12.04 trillion constant 2015 US$ | +1.7% |
| 2012 | 12.21 trillion constant 2015 US$ | +1.4% |
| 2013 | 12.43 trillion constant 2015 US$ | +1.8% |
| 2014 | 12.78 trillion constant 2015 US$ | +2.8% |
| 2015 | 13.20 trillion constant 2015 US$ | +3.3% |
| 2016 | 13.52 trillion constant 2015 US$ | +2.4% |
| 2017 | 13.89 trillion constant 2015 US$ | +2.7% |
| 2018 | 14.27 trillion constant 2015 US$ | +2.7% |
| 2019 | 14.57 trillion constant 2015 US$ | +2.1% |
| 2020 | 14.16 trillion constant 2015 US$ | -2.8% |
| 2021 | 15.38 trillion constant 2015 US$ | +8.6% |
| 2022 | 15.88 trillion constant 2015 US$ | +3.2% |
| 2023 | 16.28 trillion constant 2015 US$ | +2.5% |
| 2024 | 16.76 trillion constant 2015 US$ | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.08 trillion constant 2015 US$ | 3.42 trillion constant 2015 US$ | 4.74 trillion constant 2015 US$ | 10 |
| 1980s | 5.54 trillion constant 2015 US$ | 4.73 trillion constant 2015 US$ | 6.53 trillion constant 2015 US$ | 10 |
| 1990s | 7.61 trillion constant 2015 US$ | 6.66 trillion constant 2015 US$ | 9.06 trillion constant 2015 US$ | 10 |
| 2000s | 10.78 trillion constant 2015 US$ | 9.51 trillion constant 2015 US$ | 11.74 trillion constant 2015 US$ | 10 |
| 2010s | 13.07 trillion constant 2015 US$ | 11.83 trillion constant 2015 US$ | 14.57 trillion constant 2015 US$ | 10 |
| 2020s | 15.69 trillion constant 2015 US$ | 14.16 trillion constant 2015 US$ | 16.76 trillion constant 2015 US$ | 5 |
Countries ranked near North America
- 6 Germany 2.01 trillion constant 2015 US$ compare
- 7 France 1.46 trillion constant 2015 US$ compare
- 8 Brazil 1.34 trillion constant 2015 US$ compare
- 9 Italy 1.18 trillion constant 2015 US$ compare
- 10 Canada 1.12 trillion constant 2015 US$ compare
- 11 Mexico 985.78 billion constant 2015 US$ compare
- 12 Russian Federation 954.76 billion constant 2015 US$ compare
More economy & growth data for North America
- Imports of goods and services 4.86 trillion current US$ (2024)
- Gross fixed capital formation 21.5% (2024)
- Gross capital formation 6.84 trillion current US$ (2024)
- Gross capital formation 5.52 trillion constant 2015 US$ (2024)
- Gross capital formation 3.2% (2024)
- Gross capital formation 21.6% (2024)
- Imports of goods and services 15.4% (2024)
- Trade 28.5% (2024)
- External balance on goods and services -2.8% (2024)
- Gross fixed capital formation 3.3% (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure in North America?
- Households and npishs final consumption expenditure in North America was 16.76 trillion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in North America?
- The highest recorded value was 16.76 trillion constant 2015 US$ in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in North America?
- The lowest recorded value was 3.42 trillion constant 2015 US$ in 1970.
- How does North America rank for households and npishs final consumption expenditure?
- North America ranks 9th out of 42 groups with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in North America?
- Over the last ten years it is up 31.1%. The long-run trend across the full record is rising.
- Where does this North America data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Households and NPISHs Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.