Households and NPISHs Final consumption expenditure in United States of America
United States of America: Households and NPISHs Final consumption expenditure was 15.65 trillion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
15.65 trillion constant 2015 US$
Change on year
up 2.9%
World rank
1st
of 172 countries
All-time high
15.65 trillion constant 2015 US$
in 2024
All-time low
3.18 trillion constant 2015 US$
in 1970
Years of data
55
1970–2024
Households and NPISHs Final consumption expenditure in United States of America, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, households and npishs final consumption expenditure in United States of America stood at 15.65 trillion constant 2015 US$. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.9% on the previous year and up 31.6% over ten years.
Over the whole period, households and npishs final consumption expenditure in United States of America peaked at 15.65 trillion constant 2015 US$ in 2024 and was at its lowest, 3.18 trillion constant 2015 US$, in 1970.
That places United States of America 1st out of 172 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Households and NPISHs Final consumption expenditure in United States of America, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 3.18 trillion constant 2015 US$ | — |
| 1971 | 3.31 trillion constant 2015 US$ | +3.8% |
| 1972 | 3.51 trillion constant 2015 US$ | +6.1% |
| 1973 | 3.68 trillion constant 2015 US$ | +4.9% |
| 1974 | 3.65 trillion constant 2015 US$ | -0.8% |
| 1975 | 3.73 trillion constant 2015 US$ | +2.3% |
| 1976 | 3.94 trillion constant 2015 US$ | +5.6% |
| 1977 | 4.11 trillion constant 2015 US$ | +4.2% |
| 1978 | 4.29 trillion constant 2015 US$ | +4.4% |
| 1979 | 4.39 trillion constant 2015 US$ | +2.4% |
| 1980 | 4.38 trillion constant 2015 US$ | -0.3% |
| 1981 | 4.44 trillion constant 2015 US$ | +1.4% |
| 1982 | 4.50 trillion constant 2015 US$ | +1.5% |
| 1983 | 4.76 trillion constant 2015 US$ | +5.7% |
| 1984 | 5.01 trillion constant 2015 US$ | +5.3% |
| 1985 | 5.27 trillion constant 2015 US$ | +5.2% |
| 1986 | 5.48 trillion constant 2015 US$ | +4.1% |
| 1987 | 5.67 trillion constant 2015 US$ | +3.4% |
| 1988 | 5.91 trillion constant 2015 US$ | +4.2% |
| 1989 | 6.08 trillion constant 2015 US$ | +2.9% |
| 1990 | 6.20 trillion constant 2015 US$ | +2.0% |
| 1991 | 6.21 trillion constant 2015 US$ | +0.2% |
| 1992 | 6.44 trillion constant 2015 US$ | +3.7% |
| 1993 | 6.66 trillion constant 2015 US$ | +3.5% |
| 1994 | 6.92 trillion constant 2015 US$ | +3.9% |
| 1995 | 7.13 trillion constant 2015 US$ | +3.0% |
| 1996 | 7.37 trillion constant 2015 US$ | +3.5% |
| 1997 | 7.65 trillion constant 2015 US$ | +3.8% |
| 1998 | 8.06 trillion constant 2015 US$ | +5.3% |
| 1999 | 8.49 trillion constant 2015 US$ | +5.4% |
| 2000 | 8.92 trillion constant 2015 US$ | +5.0% |
| 2001 | 9.14 trillion constant 2015 US$ | +2.5% |
| 2002 | 9.37 trillion constant 2015 US$ | +2.5% |
| 2003 | 9.67 trillion constant 2015 US$ | +3.2% |
| 2004 | 10.03 trillion constant 2015 US$ | +3.8% |
| 2005 | 10.39 trillion constant 2015 US$ | +3.5% |
| 2006 | 10.69 trillion constant 2015 US$ | +2.9% |
| 2007 | 10.95 trillion constant 2015 US$ | +2.4% |
| 2008 | 10.97 trillion constant 2015 US$ | +0.1% |
| 2009 | 10.82 trillion constant 2015 US$ | -1.3% |
| 2010 | 11.03 trillion constant 2015 US$ | +1.9% |
| 2011 | 11.22 trillion constant 2015 US$ | +1.7% |
| 2012 | 11.37 trillion constant 2015 US$ | +1.4% |
| 2013 | 11.57 trillion constant 2015 US$ | +1.7% |
| 2014 | 11.90 trillion constant 2015 US$ | +2.8% |
| 2015 | 12.30 trillion constant 2015 US$ | +3.4% |
| 2016 | 12.60 trillion constant 2015 US$ | +2.5% |
| 2017 | 12.93 trillion constant 2015 US$ | +2.6% |
| 2018 | 13.29 trillion constant 2015 US$ | +2.7% |
| 2019 | 13.57 trillion constant 2015 US$ | +2.1% |
| 2020 | 13.23 trillion constant 2015 US$ | -2.5% |
| 2021 | 14.39 trillion constant 2015 US$ | +8.8% |
| 2022 | 14.83 trillion constant 2015 US$ | +3.0% |
| 2023 | 15.21 trillion constant 2015 US$ | +2.6% |
| 2024 | 15.65 trillion constant 2015 US$ | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.78 trillion constant 2015 US$ | 3.18 trillion constant 2015 US$ | 4.39 trillion constant 2015 US$ | 10 |
| 1980s | 5.15 trillion constant 2015 US$ | 4.38 trillion constant 2015 US$ | 6.08 trillion constant 2015 US$ | 10 |
| 1990s | 7.11 trillion constant 2015 US$ | 6.20 trillion constant 2015 US$ | 8.49 trillion constant 2015 US$ | 10 |
| 2000s | 10.10 trillion constant 2015 US$ | 8.92 trillion constant 2015 US$ | 10.97 trillion constant 2015 US$ | 10 |
| 2010s | 12.18 trillion constant 2015 US$ | 11.03 trillion constant 2015 US$ | 13.57 trillion constant 2015 US$ | 10 |
| 2020s | 14.66 trillion constant 2015 US$ | 13.23 trillion constant 2015 US$ | 15.65 trillion constant 2015 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 5.77 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.1267 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 10,921 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -14.24 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -14.24 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 11.96 % change on previous year (2021)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0094 current LCU per US$ of GDP (2021)
- Agriculture, forestry, and fishing, value added (current LCU), per 673.66 current LCU per person (2021)
Frequently asked questions
- What is households and npishs final consumption expenditure in United States of America?
- Households and npishs final consumption expenditure in United States of America was 15.65 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 United States of America?
- The highest recorded value was 15.65 trillion constant 2015 US$ in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in United States of America?
- The lowest recorded value was 3.18 trillion constant 2015 US$ in 1970.
- How does United States of America rank for households and npishs final consumption expenditure?
- United States of America ranks 1st out of 172 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in United States of America?
- Over the last ten years it is up 31.6%. The long-run trend across the full record is rising.
- 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 Households and NPISHs Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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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.