United States - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in United States was $17,125,600,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $17,402,600,000,000 in 2019 and $839,510,000,000 in 1970.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $839,510,000,000
1971 $908,897,000,000
1972 $993,651,000,000
1973 $1,088,700,000,000
1974 $1,195,370,000,000
1975 $1,327,270,000,000
1976 $1,462,170,000,000
1977 $1,615,140,000,000
1978 $1,793,020,000,000
1979 $1,990,130,000,000
1980 $2,204,320,000,000
1981 $2,440,990,000,000
1982 $2,625,790,000,000
1983 $2,877,000,000,000
1984 $3,127,070,000,000
1985 $3,403,470,000,000
1986 $3,624,270,000,000
1987 $3,853,170,000,000
1988 $4,150,470,000,000
1989 $4,458,190,000,000
1990 $4,757,180,000,000
1991 $4,948,310,000,000
1992 $5,245,940,000,000
1993 $5,525,020,000,000
1994 $5,829,070,000,000
1995 $6,104,330,000,000
1996 $6,417,480,000,000
1997 $6,757,320,000,000
1998 $7,144,860,000,000
1999 $7,635,190,000,000
2000 $8,204,770,000,000
2001 $8,611,950,000,000
2002 $8,994,760,000,000
2003 $9,487,130,000,000
2004 $10,083,900,000,000
2005 $10,731,100,000,000
2006 $11,350,200,000,000
2007 $11,945,100,000,000
2008 $12,403,500,000,000
2009 $12,324,600,000,000
2010 $12,771,300,000,000
2011 $13,210,200,000,000
2012 $13,562,800,000,000
2013 $13,896,200,000,000
2014 $14,414,000,000,000
2015 $14,872,500,000,000
2016 $15,356,400,000,000
2017 $15,969,800,000,000
2018 $16,782,900,000,000
2019 $17,402,600,000,000
2020 $17,125,600,000,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in United States was 17,125,600,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 17,402,600,000,000 in 2019 and a minimum value of 839,510,000,000 in 1970.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 839,510,000,000
1971 908,897,000,000
1972 993,651,000,000
1973 1,088,700,000,000
1974 1,195,370,000,000
1975 1,327,270,000,000
1976 1,462,170,000,000
1977 1,615,140,000,000
1978 1,793,020,000,000
1979 1,990,130,000,000
1980 2,204,320,000,000
1981 2,440,990,000,000
1982 2,625,790,000,000
1983 2,877,000,000,000
1984 3,127,070,000,000
1985 3,403,470,000,000
1986 3,624,270,000,000
1987 3,853,170,000,000
1988 4,150,470,000,000
1989 4,458,190,000,000
1990 4,757,180,000,000
1991 4,948,310,000,000
1992 5,245,940,000,000
1993 5,525,020,000,000
1994 5,829,070,000,000
1995 6,104,330,000,000
1996 6,417,480,000,000
1997 6,757,320,000,000
1998 7,144,860,000,000
1999 7,635,190,000,000
2000 8,204,770,000,000
2001 8,611,950,000,000
2002 8,994,760,000,000
2003 9,487,130,000,000
2004 10,083,900,000,000
2005 10,731,100,000,000
2006 11,350,200,000,000
2007 11,945,100,000,000
2008 12,403,500,000,000
2009 12,324,600,000,000
2010 12,771,300,000,000
2011 13,210,200,000,000
2012 13,562,800,000,000
2013 13,896,200,000,000
2014 14,414,000,000,000
2015 14,872,500,000,000
2016 15,356,400,000,000
2017 15,969,800,000,000
2018 16,782,900,000,000
2019 17,402,600,000,000
2020 17,125,600,000,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in United States was 15,825,000,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 16,278,900,000,000 in 2019 and 4,454,570,000,000 in 1970.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 4,454,570,000,000
1971 4,585,930,000,000
1972 4,805,090,000,000
1973 4,979,210,000,000
1974 4,970,070,000,000
1975 5,084,680,000,000
1976 5,304,610,000,000
1977 5,500,840,000,000
1978 5,711,430,000,000
1979 5,828,190,000,000
1980 5,831,420,000,000
1981 5,914,870,000,000
1982 6,012,150,000,000
1983 6,319,050,000,000
1984 6,602,050,000,000
1985 6,938,920,000,000
1986 7,231,850,000,000
1987 7,456,210,000,000
1988 7,734,730,000,000
1989 7,962,690,000,000
1990 8,134,560,000,000
1991 8,174,680,000,000
1992 8,425,030,000,000
1993 8,658,970,000,000
1994 8,937,840,000,000
1995 9,155,910,000,000
1996 9,421,880,000,000
1997 9,743,420,000,000
1998 10,200,100,000,000
1999 10,701,300,000,000
2000 11,173,400,000,000
2001 11,471,400,000,000
2002 11,789,800,000,000
2003 12,131,300,000,000
2004 12,538,500,000,000
2005 12,919,700,000,000
2006 13,254,100,000,000
2007 13,556,100,000,000
2008 13,634,200,000,000
2009 13,599,900,000,000
2010 13,808,000,000,000
2011 13,913,100,000,000
2012 14,028,700,000,000
2013 14,149,100,000,000
2014 14,442,300,000,000
2015 14,872,500,000,000
2016 15,225,000,000,000
2017 15,530,800,000,000
2018 15,934,300,000,000
2019 16,278,900,000,000
2020 15,825,000,000,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in United States was -2.79 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 5.10 in 1983 and a minimum value of -2.79 in 2020.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1971 2.95
1972 4.78
1973 3.62
1974 -0.18
1975 2.31
1976 4.33
1977 3.70
1978 3.83
1979 2.04
1980 0.06
1981 1.43
1982 1.64
1983 5.10
1984 4.48
1985 5.10
1986 4.22
1987 3.10
1988 3.74
1989 2.95
1990 2.16
1991 0.49
1992 3.06
1993 2.78
1994 3.22
1995 2.44
1996 2.90
1997 3.41
1998 4.69
1999 4.91
2000 4.41
2001 2.67
2002 2.78
2003 2.90
2004 3.36
2005 3.04
2006 2.59
2007 2.28
2008 0.58
2009 -0.25
2010 1.53
2011 0.76
2012 0.83
2013 0.86
2014 2.07
2015 2.98
2016 2.37
2017 2.01
2018 2.60
2019 2.16
2020 -2.79

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in United States was 15,825,000,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 16,278,900,000,000 in 2019 and a minimum value of 4,454,570,000,000 in 1970.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 4,454,570,000,000
1971 4,585,930,000,000
1972 4,805,090,000,000
1973 4,979,210,000,000
1974 4,970,070,000,000
1975 5,084,680,000,000
1976 5,304,610,000,000
1977 5,500,840,000,000
1978 5,711,430,000,000
1979 5,828,190,000,000
1980 5,831,420,000,000
1981 5,914,870,000,000
1982 6,012,150,000,000
1983 6,319,050,000,000
1984 6,602,050,000,000
1985 6,938,920,000,000
1986 7,231,850,000,000
1987 7,456,210,000,000
1988 7,734,730,000,000
1989 7,962,690,000,000
1990 8,134,560,000,000
1991 8,174,680,000,000
1992 8,425,030,000,000
1993 8,658,970,000,000
1994 8,937,840,000,000
1995 9,155,910,000,000
1996 9,421,880,000,000
1997 9,743,420,000,000
1998 10,200,100,000,000
1999 10,701,300,000,000
2000 11,173,400,000,000
2001 11,471,400,000,000
2002 11,789,800,000,000
2003 12,131,300,000,000
2004 12,538,500,000,000
2005 12,919,700,000,000
2006 13,254,100,000,000
2007 13,556,100,000,000
2008 13,634,200,000,000
2009 13,599,900,000,000
2010 13,808,000,000,000
2011 13,913,100,000,000
2012 14,028,700,000,000
2013 14,149,100,000,000
2014 14,442,300,000,000
2015 14,872,500,000,000
2016 15,225,000,000,000
2017 15,530,800,000,000
2018 15,934,300,000,000
2019 16,278,900,000,000
2020 15,825,000,000,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in United States was 81.73 as of 2020. Its highest value over the past 50 years was 85.30 in 2009, while its lowest value was 75.75 in 1979.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 78.22
1971 78.03
1972 77.68
1973 76.38
1974 77.36
1975 78.77
1976 78.05
1977 77.58
1978 76.25
1979 75.75
1980 77.15
1981 76.11
1982 78.53
1983 79.17
1984 77.45
1985 78.44
1986 79.14
1987 79.36
1988 79.26
1989 79.02
1990 79.78
1991 80.35
1992 80.46
1993 80.56
1994 79.99
1995 79.90
1996 79.49
1997 78.78
1998 78.84
1999 79.28
2000 80.03
2001 81.38
2002 82.25
2003 82.80
2004 82.56
2005 82.31
2006 82.16
2007 82.65
2008 84.30
2009 85.30
2010 85.19
2011 84.99
2012 83.74
2013 82.79
2014 82.24
2015 81.55
2016 81.92
2017 81.72
2018 81.42
2019 81.19
2020 81.73

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts