Household consumption — all countries

Household consumption — North America

Household consumption in North America in 2024 — 21,162,194,720,246 US$. Since 1970, the indicator has risen by 2,938.4%.

2024 21.16T US$ +5.51% vs 2023
World rank
Period maximum 21.16T US$2024
Period minimum 696B US$1970

Trend over time

1970–2024 · US$

Household consumption — North America, 1970–2024010T20T30T19701976198219881994200020062012201820241970: 696,497,575,115 US$1971: 756,007,032,047 US$1972: 832,156,061,472 US$1973: 921,975,274,747 US$1974: 1,016,430,873,010 US$1975: 1,126,415,036,075 US$1976: 1,260,110,610,931 US$1977: 1,390,143,599,552 US$1978: 1,543,254,260,041 US$1979: 1,716,995,411,693 US$1980: 1,898,518,146,035 US$1981: 2,096,575,820,628 US$1982: 2,240,640,776,424 US$1983: 2,467,666,769,781 US$1984: 2,684,801,712,440 US$1985: 2,911,836,734,936 US$1986: 3,097,410,529,069 US$1987: 3,315,421,424,241 US$1988: 3,608,486,475,222 US$1989: 3,889,023,158,468 US$1990: 4,143,027,281,176 US$1991: 4,295,527,024,456 US$1992: 4,541,823,066,546 US$1993: 4,787,167,010,777 US$1994: 5,050,568,931,104 US$1995: 5,302,380,792,312 US$1996: 5,602,000,742,215 US$1997: 5,911,000,048,709 US$1998: 6,240,926,362,895 US$1999: 6,667,241,463,863 US$2000: 7,175,373,244,983 US$2001: 7,483,059,176,107 US$2002: 7,777,198,494,970 US$2003: 8,241,684,019,042 US$2004: 8,796,242,626,735 US$2005: 9,408,803,327,613 US$2006: 9,998,002,676,696 US$2007: 10,553,445,259,005 US$2008: 10,898,952,956,497 US$2009: 10,685,660,593,822 US$2010: 11,185,287,642,175 US$2011: 11,704,500,016,977 US$2012: 12,074,729,711,609 US$2013: 12,424,740,449,322 US$2014: 12,885,134,552,573 US$2015: 13,200,477,428,032 US$2016: 13,623,854,625,492 US$2017: 14,250,321,036,022 US$2018: 14,936,706,755,328 US$2019: 15,448,200,011,726 US$2020: 15,175,464,166,822 US$2021: 17,218,530,801,640 US$2022: 18,886,440,957,894 US$2023: 20,057,140,480,750 US$2024: 21,162,194,720,246 US$
Change over the period: +20.47T (+2,938.37%) Average annual rate: 6.53 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: North America

North America 21.16T US$
World 63.19T US$
Household consumption — North America, by year North America All countries CSV XLSX
Year US$ Change Change, %
2024 21.16T +1.11T +5.51%
2023 20.06T +1.17T +6.2%
2022 18.89T +1.67T +9.69%
2021 17.22T +2.04T +13.46%
2020 15.18T −273B −1.77%
2019 15.45T +511B +3.42%
2018 14.94T +686B +4.82%
2017 14.25T +626B +4.6%
2016 13.62T +423B +3.21%
2015 13.2T +315B +2.45%
2014 12.89T +460B +3.71%
2013 12.42T +350B +2.9%
2012 12.07T +370B +3.16%
2011 11.7T +519B +4.64%
2010 11.19T +500B +4.68%
2009 10.69T −213B −1.96%
2008 10.9T +346B +3.27%
2007 10.55T +555B +5.56%
2006 10T +589B +6.26%
2005 9.41T +613B +6.96%
2004 8.8T +555B +6.73%
2003 8.24T +464B +5.97%
2002 7.78T +294B +3.93%
2001 7.48T +308B +4.29%
2000 7.18T +508B +7.62%
1999 6.67T +426B +6.83%
1998 6.24T +330B +5.58%
1997 5.91T +309B +5.52%
1996 5.6T +300B +5.65%
1995 5.3T +252B +4.99%
1994 5.05T +263B +5.5%
1993 4.79T +245B +5.4%
1992 4.54T +246B +5.73%
1991 4.3T +152B +3.68%
1990 4.14T +254B +6.53%
1989 3.89T +281B +7.77%
1988 3.61T +293B +8.84%
1987 3.32T +218B +7.04%
1986 3.1T +186B +6.37%
1985 2.91T +227B +8.46%
1984 2.68T +217B +8.8%
1983 2.47T +227B +10.13%
1982 2.24T +144B +6.87%
1981 2.1T +198B +10.43%
1980 1.9T +182B +10.57%
1979 1.72T +174B +11.26%
1978 1.54T +153B +11.01%
1977 1.39T +130B +10.32%
1976 1.26T +134B +11.87%
1975 1.13T +110B +10.82%
1974 1.02T +94.46B +10.24%
1973 922B +89.82B +10.79%
1972 832B +76.15B +10.07%
1971 756B +59.51B +8.54%
1970 696B

About the indicator

Household final consumption expenditure in current US dollars — everything people buy for themselves, from food and housing to services. This is the largest part of GDP in almost any country, usually between half and three quarters, and in absolute terms it sets the size of the consumer market. For gauging the capacity of a market the indicator is more useful than GDP: it includes neither government spending nor investment nor exports.

Important: It includes the imputed value of living in owner-occupied housing and other imputed services — computed quantities that statistical offices estimate unevenly.

Source: World Development Indicators (World Bank), license CC BY 4.0.