Gross national expenditure in World

World: Gross national expenditure was 96.34 trillion constant 2015 US$ in 2024. ▲ Rising

Latest (2024)
96.34 trillion constant 2015 US$
Change on year
up 2.7%
All-time high
96.34 trillion constant 2015 US$
in 2024
All-time low
19.37 trillion constant 2015 US$
in 1970
Years of data
55
1970–2024

Gross national expenditure in World, 1970–2024

20.0T40.0T60.0T80.0T100.0T197019972024

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

World recorded 96.34 trillion constant 2015 US$ for gross national expenditure in 2024. That is the highest value across all 55 years on record.

That represents a change of up 2.7% on the previous year and up 31.7% over ten years.

Over the whole period, gross national expenditure in World peaked at 96.34 trillion constant 2015 US$ in 2024 and was at its lowest, 19.37 trillion constant 2015 US$, in 1970.

The long-run direction has been consistently rising across the 55 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 23.18 trillion constant 2015 US$ 19.37 trillion constant 2015 US$ 27.07 trillion constant 2015 US$ 10
1980s 31.26 trillion constant 2015 US$ 27.49 trillion constant 2015 US$ 36.07 trillion constant 2015 US$ 10
1990s 40.78 trillion constant 2015 US$ 37.49 trillion constant 2015 US$ 45.59 trillion constant 2015 US$ 10
2000s 55.21 trillion constant 2015 US$ 47.48 trillion constant 2015 US$ 63.00 trillion constant 2015 US$ 10
2010s 74.64 trillion constant 2015 US$ 65.13 trillion constant 2015 US$ 85.15 trillion constant 2015 US$ 10
2020s 90.40 trillion constant 2015 US$ 82.49 trillion constant 2015 US$ 96.34 trillion constant 2015 US$ 5

More economy & growth data for World

All data for World →

Frequently asked questions

What is gross national expenditure in World?
Gross national expenditure in World was 96.34 trillion constant 2015 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 96.34 trillion constant 2015 US$ in 2024.
What is the lowest gross national expenditure recorded in World?
The lowest recorded value was 19.37 trillion constant 2015 US$ in 1970.
Is gross national expenditure rising or falling in World?
Over the last ten years it is up 31.7%. The long-run trend across the full record is rising.
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 (constant 2015 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

Indicator
Gross national expenditure (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
203 places, 8,391 data points, 1960–2025
Last refreshed

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 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.