Final consumption expenditure in North America
North America: Final consumption expenditure was 25.64 trillion current US$ in 2024. ◆ Volatile
Final consumption expenditure in North America, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for final consumption expenditure in North America is 25.64 trillion current US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 5.6% on the previous year and up 62.1% over ten years.
Over the whole period, final consumption expenditure in North America peaked at 25.64 trillion current US$ in 2024 and was at its lowest, 907.86 billion current US$, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.45 trillion current US$ | 907.86 billion current US$ | 2.17 trillion current US$ | 10 |
| 1980s | 3.57 trillion current US$ | 2.41 trillion current US$ | 4.89 trillion current US$ | 10 |
| 1990s | 6.52 trillion current US$ | 5.23 trillion current US$ | 8.15 trillion current US$ | 10 |
| 2000s | 11.24 trillion current US$ | 8.76 trillion current US$ | 13.56 trillion current US$ | 10 |
| 2010s | 16.18 trillion current US$ | 14.04 trillion current US$ | 18.82 trillion current US$ | 10 |
| 2020s | 22.52 trillion current US$ | 18.73 trillion current US$ | 25.64 trillion current US$ | 5 |
More economy & growth data for North America
- Households and NPISHs Final consumption expenditure 21.16 trillion current US$ (2024)
- Final consumption expenditure 20.19 trillion constant 2015 US$ (2024)
- Households and NPISHs final consumption expenditure 67.0% (2024)
- Imports of goods and services 5.0% (2024)
- Imports of goods and services 15.4% (2024)
- Households and NPISHs Final consumption expenditure per capita growth 1.7% (2024)
- Households and NPISHs Final consumption expenditure per capita 43,939 constant 2015 US$ (2024)
- Households and NPISHs Final consumption expenditure 2.9% (2024)
- Households and NPISHs Final consumption expenditure 16.76 trillion constant 2015 US$ (2024)
- Manufacturing, value added 2.69 trillion current US$ (2021)
Frequently asked questions
- What is final consumption expenditure in North America?
- Final consumption expenditure in North America was 25.64 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in North America?
- The highest recorded value was 25.64 trillion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in North America?
- The lowest recorded value was 907.86 billion current US$ in 1970.
- Is final consumption expenditure rising or falling in North America?
- Over the last ten years it is up 62.1%. The long-run trend across the full record is volatile.
- Where does this North America data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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.