Gross national expenditure in World

World: Gross national expenditure was 111.01 trillion current US$ in 2024. ◆ Volatile

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

Gross national expenditure in World, 1970–2024

025.0T50.0T75.0T100.0T197019972024

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

Analysis

The most recent figure for gross national expenditure in World is 111.01 trillion current US$, measured in 2024. That is the highest value across all 55 years on record.

The figure is up 4.1% on the previous year and up 39.7% over ten years.

Over the whole period, gross national expenditure in World peaked at 111.01 trillion current US$ in 2024 and was at its lowest, 3.05 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 5.99 trillion current US$ 3.05 trillion current US$ 10.30 trillion current US$ 10
1980s 14.71 trillion current US$ 11.58 trillion current US$ 20.85 trillion current US$ 10
1990s 28.86 trillion current US$ 23.44 trillion current US$ 33.04 trillion current US$ 10
2000s 47.05 trillion current US$ 33.99 trillion current US$ 64.07 trillion current US$ 10
2010s 78.03 trillion current US$ 66.28 trillion current US$ 88.12 trillion current US$ 10
2020s 100.63 trillion current US$ 85.88 trillion current US$ 111.01 trillion current 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 111.01 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 World?
The highest recorded value was 111.01 trillion current US$ in 2024.
What is the lowest gross national expenditure recorded in World?
The lowest recorded value was 3.05 trillion current US$ in 1970.
Is gross national expenditure rising or falling in World?
Over the last ten years it is up 39.7%. The long-run trend across the full record is volatile.
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 (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.