Gross national expenditure in High income
High income: Gross national expenditure was 71.25 trillion current US$ in 2024. ◆ Volatile
Gross national expenditure in High income, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
High income recorded 71.25 trillion current US$ for gross national expenditure in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 4.1% on the previous year and up 34.6% over ten years.
Over the whole period, gross national expenditure in High income peaked at 71.25 trillion current US$ in 2024 and was at its lowest, 2.51 trillion current US$, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.91 trillion current US$ | 2.51 trillion current US$ | 8.49 trillion current US$ | 10 |
| 1980s | 12.20 trillion current US$ | 9.45 trillion current US$ | 17.77 trillion current US$ | 10 |
| 1990s | 24.20 trillion current US$ | 19.88 trillion current US$ | 27.46 trillion current US$ | 10 |
| 2000s | 37.32 trillion current US$ | 27.97 trillion current US$ | 48.54 trillion current US$ | 10 |
| 2010s | 52.14 trillion current US$ | 47.23 trillion current US$ | 57.12 trillion current US$ | 10 |
| 2020s | 64.66 trillion current US$ | 55.90 trillion current US$ | 71.25 trillion current US$ | 5 |
More economy & growth data for High income
- Final consumption expenditure 45.91 trillion constant 2015 US$ (2024)
- Manufacturing, value added 8.09 trillion constant 2015 US$ (2024)
- Manufacturing, value added 8.66 trillion current US$ (2024)
- Households and NPISHs final consumption expenditure 58.6% (2024)
- Final consumption expenditure 54.90 trillion current US$ (2024)
- Gross national expenditure 59.50 trillion constant 2015 US$ (2024)
- Exports of goods and services 19.91 trillion constant 2015 US$ (2025)
- Exports of goods and services 24.41 trillion current US$ (2025)
- Households and NPISHs Final consumption expenditure per capita growth 1.4% (2024)
- Final consumption expenditure 2.3% (2024)
Frequently asked questions
- What is gross national expenditure in High income?
- Gross national expenditure in High income was 71.25 trillion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in High income?
- The highest recorded value was 71.25 trillion current US$ in 2024.
- What is the lowest gross national expenditure recorded in High income?
- The lowest recorded value was 2.51 trillion current US$ in 1970.
- Is gross national expenditure rising or falling in High income?
- Over the last ten years it is up 34.6%. The long-run trend across the full record is volatile.
- Where does this High income data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.