U.S. Consumer Spending 1960-2024

Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.
  • U.S. consumer spending for 2022 was $17,511.75B, a 9.16% increase from 2021.
  • U.S. consumer spending for 2021 was $16,042.96B, a 12.93% increase from 2020.
  • U.S. consumer spending for 2020 was $14,206.23B, a 1.47% decline from 2019.
  • U.S. consumer spending for 2019 was $14,417.61B, a 3.47% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $17,511.75B
Japan $2,365.53B
Germany $2,084.30B
United Kingdom $1,910.84B
France $1,483.82B
Italy $1,222.25B
Canada $1,162.65B
Australia $824.30B
Spain $807.28B
South Korea $804.83B
Netherlands $432.88B
Argentina $413.52B
Switzerland $412.39B
Poland $398.21B
Saudi Arabia $397.02B
Belgium $295.77B
Sweden $258.56B
Israel $258.34B
Austria $241.15B
Hong Kong $240.28B
Chile $192.22B
Norway $188.89B
Denmark $173.06B
Portugal $163.82B
Greece $148.98B
Finland $145.61B
New Zealand $142.70B
Singapore $139.34B
Czech Republic $135.60B
Ireland $130.72B
Hungary $88.62B
Puerto Rico $82.42B
Slovak Republic $71.01B
Qatar $45.96B
Croatia $42.02B
Lithuania $41.43B
Slovenia $32.42B
Luxembourg $24.96B
Latvia $24.43B
Estonia $19.04B
Cyprus $17.49B
Iceland $14.50B
Macao $12.19B
Bahamas $8.80B
Malta $7.68B
Barbados $4.36B
French Polynesia $4.16B
Brunei $3.88B
Bermuda $3.68B
Aruba $1.91B
Faroe Islands $1.47B
Seychelles $0.59B
Antigua and Barbuda $0.00B
Isle of Man $0.00B
Kuwait $0.00B
Palau $0.00B
San Marino $0.00B
Uruguay $0.00B
Monaco $0.00B
Panama $0.00B
Trinidad and Tobago $0.00B
UAE $0.00B
Cayman Islands $0.00B
St. Kitts and Nevis $0.00B
St. Martin (French part) $0.00B
Oman $0.00B
Turks and Caicos Islands $0.00B
Andorra $0.00B
Curacao $0.00B
Bahrain $0.00B
Guam $0.00B
Sint Maarten (Dutch part) $0.00B
Channel Islands $0.00B
Greenland $0.00B
Virgin Islands (U.S.) $0.00B
New Caledonia $0.00B
British Virgin Islands $0.00B
Gibraltar $0.00B
Liechtenstein $0.00B
Northern Mariana Islands $0.00B
U.S. Consumer Spending - Historical Data
Year Spending Per Capita Growth Rate
2022 $17,511.75B $44,056 2.53%
2021 $16,042.96B $43,130 8.41%
2020 $14,206.23B $39,849 -2.52%
2019 $14,417.61B $41,276 2.00%
2018 $13,934.44B $40,650 2.74%
2017 $13,290.63B $39,775 2.64%
2016 $12,726.85B $38,998 2.45%
2015 $12,297.44B $38,341 3.37%
2014 $11,874.45B $37,364 2.83%
2013 $11,388.23B $36,603 1.74%
2012 $11,047.36B $36,226 1.37%
2011 $10,698.86B $36,000 1.70%
2010 $10,260.26B $35,656 1.91%
2009 $9,891.22B $35,281 -1.31%
2008 $10,050.08B $36,062 0.15%
2007 $9,746.59B $36,351 2.43%
2006 $9,277.24B $35,827 2.90%
2005 $8,769.07B $35,155 3.54%
2004 $8,231.96B $34,267 3.77%
2003 $7,740.75B $33,330 3.16%
2002 $7,348.94B $32,586 2.54%
2001 $7,073.80B $32,074 2.48%
2000 $6,767.18B $31,611 5.04%
1999 $6,283.76B $30,431 5.38%
1998 $5,877.25B $29,211 5.31%
1997 $5,536.79B $28,063 3.77%
1996 $5,244.60B $27,372 3.47%
1995 $4,962.59B $26,764 2.95%
1994 $4,720.97B $26,308 3.87%
1993 $4,451.98B $25,640 3.48%
1992 $4,197.56B $25,105 3.68%
1991 $3,943.45B $24,552 0.18%
1990 $3,808.99B $24,838 2.01%
1989 $3,576.76B $24,624 2.92%
1988 $3,330.01B $24,153 4.18%
1987 $3,076.28B $23,397 3.39%
1986 $2,886.28B $22,833 4.13%
1985 $2,712.83B $22,131 5.18%
1984 $2,492.34B $21,229 5.26%
1983 $2,281.61B $20,344 5.66%
1982 $2,071.26B $19,431 1.46%
1981 $1,933.95B $19,334 1.39%
1980 $1,750.67B $19,257 -0.31%
1979 $1,585.42B $19,504 2.38%
1978 $1,422.25B $19,262 4.38%
1977 $1,273.98B $18,651 4.23%
1976 $1,147.67B $18,076 5.57%
1975 $1,030.55B $17,285 2.27%
1974 $930.16B $17,069 -0.84%
1973 $849.58B $17,372 4.95%
1972 $768.15B $16,711 6.12%
1971 $699.94B $15,916 3.82%
1970 $646.72B $15,526 0.00%
1969 $B $0 0.00%
1968 $B $0 0.00%
1967 $B $0 0.00%
1966 $B $0 0.00%
1965 $B $0 0.00%
1964 $B $0 0.00%
1963 $B $0 0.00%
1962 $B $0 0.00%
1961 $B $0 0.00%
1960 $B $0 0.00%