Household consumption (% of GDP) in Northern America in 2024 — 67%. Since 2010, the indicator has fallen by 0.1 pp.
2010–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Northern America
| Year | % | Change, pp |
|---|---|---|
| 2024 | 67 | +0.2 pp |
| 2023 | 66.8 | −0 pp |
| 2022 | 66.8 | −0 pp |
| 2021 | 66.9 | +1 pp |
| 2020 | 65.9 | −0.5 pp |
| 2019 | 66.3 | −0.4 pp |
| 2018 | 66.7 | −0.3 pp |
| 2017 | 67 | +0 pp |
| 2016 | 67 | +0.5 pp |
| 2015 | 66.5 | +0.1 pp |
| 2014 | 66.3 | +0 pp |
| 2013 | 66.3 | −0.4 pp |
| 2012 | 66.8 | −0.5 pp |
| 2011 | 67.3 | +0.2 pp |
| 2010 | 67.1 | — |
Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much money the residents of a country spend in a year on goods and services for themselves.
Economy Gross capital formation (% of GDP)Investment in fixed assets and inventories as a percent of GDP — the base of future growth.
Economy Government consumption (% of GDP)The share of GDP taken by government final consumption spending.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP growthThe annual growth rate of GDP in constant prices — with inflation stripped out.