Gross national expenditure in High income

High income: Gross national expenditure was 71.25 trillion current US$ in 2024. ◆ Volatile

Latest (2024)
71.25 trillion current US$
Change on year
up 4.1%
All-time high
71.25 trillion current US$
in 2024
All-time low
2.51 trillion current US$
in 1970
Years of data
55
1970–2024

Gross national expenditure in High income, 1970–2024

020.0T40.0T60.0T80.0T197019972024

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

DecadeAverage LowestHighest 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

All data for High income →

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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About this data

Indicator
Gross national expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
228 places, 10,837 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.