Gross national expenditure in United States

United States: Gross national expenditure was 30.20 trillion current US$ in 2024. ◆ Volatile

Latest (2024)
30.20 trillion current US$
Change on year
up 5.6%
World rank
1st
of 185 countries
All-time high
30.20 trillion current US$
in 2024
All-time low
1.07 trillion current US$
in 1970
Years of data
55
1970–2024

Gross national expenditure in United States, 1970–2024

010.0T20.0T30.0T197019972024

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

Analysis

United States recorded 30.20 trillion current US$ for gross national expenditure in 2024. That is the highest value across all 55 years on record.

The figure is up 5.6% on the previous year and up 66.7% over ten years.

Over the whole period, gross national expenditure in United States peaked at 30.20 trillion current US$ in 2024 and was at its lowest, 1.07 trillion current US$, in 1970.

United States ranks 1st of 185 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.72 trillion current US$ 1.07 trillion current US$ 2.65 trillion current US$ 10
1980s 4.25 trillion current US$ 2.87 trillion current US$ 5.73 trillion current US$ 10
1990s 7.68 trillion current US$ 6.04 trillion current US$ 9.89 trillion current US$ 10
2000s 13.18 trillion current US$ 10.63 trillion current US$ 15.51 trillion current US$ 10
2010s 18.57 trillion current US$ 15.58 trillion current US$ 22.12 trillion current US$ 10
2020s 26.47 trillion current US$ 21.99 trillion current US$ 30.20 trillion current US$ 5

Countries ranked near United States

  1. 2 China 18.20 trillion current US$ compare
  2. 3 Germany 4.93 trillion current US$ compare
  3. 4 Japan 4.23 trillion current US$ compare

See the full ranking of 228 places →

More economy & growth data for United States

All data for United States →

Frequently asked questions

What is gross national expenditure in United States?
Gross national expenditure in United States was 30.20 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 United States?
The highest recorded value was 30.20 trillion current US$ in 2024.
What is the lowest gross national expenditure recorded in United States?
The lowest recorded value was 1.07 trillion current US$ in 1970.
How does United States rank for gross national expenditure?
United States ranks 1st out of 185 countries with data for 2024.
Is gross national expenditure rising or falling in United States?
Over the last ten years it is up 66.7%. The long-run trend across the full record is volatile.
Where does this United States 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.