Households and NPISHs Final consumption expenditure per capita, PPP in United States of America
United States of America: Households and NPISHs Final consumption expenditure per capita, PPP was 51,564 constant 2021 international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure per capita, PPP in United States of America, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in constant 2021 international $.
Analysis
The most recent figure for households and npishs final consumption expenditure per capita, ppp in United States of America is 51,564 constant 2021 international $, measured in 2024. That is the highest value across all 35 years on record.
The figure is up 2.0% on the previous year and up 23.6% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in United States of America peaked at 51,564 constant 2021 international $ in 2024 and was at its lowest, 27,498 constant 2021 international $, in 1991.
That places United States of America 1st out of 170 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 35 years of available data.
Households and NPISHs Final consumption expenditure per capita, PPP in United States of America, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1990 | 27,818 constant 2021 international $ | — |
| 1991 | 27,498 constant 2021 international $ | -1.1% |
| 1992 | 28,117 constant 2021 international $ | +2.3% |
| 1993 | 28,716 constant 2021 international $ | +2.1% |
| 1994 | 29,465 constant 2021 international $ | +2.6% |
| 1995 | 29,975 constant 2021 international $ | +1.7% |
| 1996 | 30,656 constant 2021 international $ | +2.3% |
| 1997 | 31,430 constant 2021 international $ | +2.5% |
| 1998 | 32,716 constant 2021 international $ | +4.1% |
| 1999 | 34,082 constant 2021 international $ | +4.2% |
| 2000 | 35,403 constant 2021 international $ | +3.9% |
| 2001 | 35,922 constant 2021 international $ | +1.5% |
| 2002 | 36,496 constant 2021 international $ | +1.6% |
| 2003 | 37,328 constant 2021 international $ | +2.3% |
| 2004 | 38,379 constant 2021 international $ | +2.8% |
| 2005 | 39,373 constant 2021 international $ | +2.6% |
| 2006 | 40,125 constant 2021 international $ | +1.9% |
| 2007 | 40,712 constant 2021 international $ | +1.5% |
| 2008 | 40,389 constant 2021 international $ | -0.8% |
| 2009 | 39,514 constant 2021 international $ | -2.2% |
| 2010 | 39,928 constant 2021 international $ | +1.0% |
| 2011 | 40,286 constant 2021 international $ | +0.9% |
| 2012 | 40,512 constant 2021 international $ | +0.6% |
| 2013 | 40,908 constant 2021 international $ | +1.0% |
| 2014 | 41,733 constant 2021 international $ | +2.0% |
| 2015 | 42,797 constant 2021 international $ | +2.6% |
| 2016 | 43,505 constant 2021 international $ | +1.7% |
| 2017 | 44,344 constant 2021 international $ | +1.9% |
| 2018 | 45,293 constant 2021 international $ | +2.1% |
| 2019 | 46,028 constant 2021 international $ | +1.6% |
| 2020 | 44,686 constant 2021 international $ | -2.9% |
| 2021 | 48,539 constant 2021 international $ | +8.6% |
| 2022 | 49,713 constant 2021 international $ | +2.4% |
| 2023 | 50,571 constant 2021 international $ | +1.7% |
| 2024 | 51,564 constant 2021 international $ | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30,047 constant 2021 international $ | 27,498 constant 2021 international $ | 34,082 constant 2021 international $ | 10 |
| 2000s | 38,364 constant 2021 international $ | 35,403 constant 2021 international $ | 40,712 constant 2021 international $ | 10 |
| 2010s | 42,533 constant 2021 international $ | 39,928 constant 2021 international $ | 46,028 constant 2021 international $ | 10 |
| 2020s | 49,014 constant 2021 international $ | 44,686 constant 2021 international $ | 51,564 constant 2021 international $ | 5 |
Countries ranked near United States of America
- 2 Hong Kong, China 41,249 constant 2021 international $ compare
- 3 Bermuda 40,684 constant 2021 international $ compare
- 4 Luxembourg 39,202 constant 2021 international $ compare
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)
- Exports of goods and services (current LCU), annual growth rate 4.62 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.1097 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 9,457 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.64 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.0894 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 7,704 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 5.21 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2135 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in United States of America?
- Households and npishs final consumption expenditure per capita, ppp in United States of America was 51,564 constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in United States of America?
- The highest recorded value was 51,564 constant 2021 international $ in 2024.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in United States of America?
- The lowest recorded value was 27,498 constant 2021 international $ in 1991.
- How does United States of America rank for households and npishs final consumption expenditure per capita, ppp?
- United States of America ranks 1st out of 170 countries with data for 2024.
- Is households and npishs final consumption expenditure per capita, ppp rising or falling in United States of America?
- Over the last ten years it is up 23.6%. The long-run trend across the full record is rising.
- Where does this United States of America data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure 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. The core indicator has been divided by the general population to achieve a per capita estimate. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.