Key information about United States Private Consumption: % of GDP

• United States Private Consumption accounted for 68.8 % of its Nominal GDP in Dec 2024, compared with a ratio of 67.7 % in the previous quarter.
• US Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1947 to Dec 2024, with an average share of 63.5 %.
• The data reached an all-time high of 68.8 % in Dec 2024 and a record low of 57.7 % in Mar 1952.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The Bureau of Economic Analysis provides Private Consumption Expenditure in USD and Nominal GDP in USD.


Related information about United States Private Consumption: % of GDP

• In the latest reports, US GDP expanded 1.8 % YoY in Mar 2023.
• Its Nominal GDP reached 6,632.4 USD bn in Mar 2023.
• US GDP Per Capita reached 59,484.0 USD in Dec 2017.
• Its Gross Savings Rate was measured at 16.0 % in Mar 2023.

Key information about European Union Private Consumption: % of GDP

• European Union Private Consumption accounted for 51.9 % of its Nominal GDP in Dec 2024, compared with a ratio of 53.2 % in the previous quarter.
• EU Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1995 to Dec 2024, with an average share of 55.2 %.
• The data reached an all-time high of 56.9 % in Mar 1997 and a record low of 50.0 % in Dec 2020.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Eurostat provides Private Consumption Expenditure in EUR and Nominal GDP in EUR. European Union stands for EU27 excluding UK.


Related information about European Union Private Consumption: % of GDP

• In the latest reports, EU GDP expanded 1.0 % YoY in Mar 2023.
• Its Nominal GDP reached 4,430.4 USD bn in Mar 2023.
• EU GDP Per Capita reached 38,468.8 USD in Dec 2021.
• Its Gross Savings Rate was measured at 25.7 % in Dec 2024.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Japan (NAEXKP03JPA659S) from 1995 to 2024 about Japan, consumption expenditures, consumption, government, real, and GDP.

Government spending in the United States was last recorded at 39.7 percent of GDP in 2024 . This dataset provides - United States Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Households and NPISHs final consumption expenditure (% of GDP) in North America was reported at 67.11% in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. North America - Households and NPISHs final consumption expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Graph and download economic data for Shares of gross domestic product: Personal consumption expenditures (DPCERE1Q156NBEA) from Q1 1947 to Q2 2025 about Shares of GDP, PCE, consumption expenditures, consumption, personal, GDP, and USA.

Government spending In the Euro Area was last recorded at 49.6 percent of GDP in 2024 . This dataset provides the latest reported value for - Euro Area Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Vietnam Private Consumption: % of GDP

• Vietnam Private Consumption accounted for 53.9 % of its Nominal GDP in Dec 2024, compared with a ratio of 54.3 % in the previous year.
• Vietnam Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 2010 to Dec 2024, with an average share of 56.8 %.
• The data reached an all-time high of 59.3 % in Dec 2015 and a record low of 53.9 % in Dec 2024.

CEIC calculates Private Consumption as % of Nominal GDP from annual Private Consumption Expenditure and annual Nominal GDP. General Statistics Office provides Private Consumption Expenditure and Nominal GDP in local currency.


Related information about Vietnam Private Consumption: % of GDP

• In the latest reports, Vietnam GDP expanded 13.1 % YoY in Dec 2024.
• Its Nominal GDP reached 362.6 USD bn in Dec 2021.
• Vietnam GDP Per Capita reached 3,716.8 USD in Dec 2021.
• Its Gross Savings Rate was measured at 37.2 % in Dec 2024.

Energy consumption per Real Dollar of GDP in the United States presented a trend of decline, despite some fluctuation. In 2024, the U.S. energy consumption per Real Dollar of GDP stood at 4.04 thousand British thermal units per chained dollar, a slight decrease compared to the previous year, wherein the value stood at 4.13 thousand British thermal units per chained dollar.

General government final consumption expenditure (% of GDP) in Indonesia was reported at 7.7309 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Indonesia - General government final consumption expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Consumption as percent of GDP in India, June, 2025 The most recent value is 60.27 percent as of Q2 2025, an increase compared to the previous value of 58.28 percent. Historically, the average for India from Q2 2004 to Q2 2025 is 58.48 percent. The minimum of 51.69 percent was recorded in Q1 2011, while the maximum of 65.09 percent was reached in Q4 2024. | TheGlobalEconomy.com

General government final consumption expenditure (% of GDP) in United States was reported at 13.42 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - General government final consumption expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Consumption as percent of GDP in Sri Lanka, September, 2024 The most recent value is 73.35 percent as of Q3 2024, an increase compared to the previous value of 66.41 percent. Historically, the average for Sri Lanka from Q1 2019 to Q3 2024 is 65.27 percent. The minimum of 58.82 percent was recorded in Q4 2021, while the maximum of 74.86 percent was reached in Q3 2023. | TheGlobalEconomy.com

Households and NPISHs final consumption expenditure (% of GDP) in Indonesia was reported at 55.4% in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Indonesia - Households and NPISHs final consumption expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

In the second quarter of 2025, the growth of the real gross domestic product (GDP) in China ranged at *** percent compared to the same quarter of the previous year. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. GDP growth in China In 2024, China ranged second among countries with the largest gross domestic product worldwide. Since the introduction of economic reforms in 1978, the country has experienced rapid social and economic development. In 2013, it became the world’s largest trading nation, overtaking the United States. However, per capita GDP in China was still much lower than that of industrialized countries. Until 2011, the annual growth rate of China’s GDP had constantly been above nine percent. However, economic growth has cooled down since and is projected to further slow down gradually in the future. Rising domestic wages and the competitive edge of other Asian and African countries are seen as main reasons for the stuttering in China’s economic engine. One strategy of the Chinese government to overcome this transition is a gradual shift of economic focus from industrial production to services. Challenges to GDP growth Another major challenge lies in the massive environmental pollution that China’s reckless economic growth has caused over the past decades. China’s development has been powered mostly by coal consumption, which resulted in high air pollution. To counteract industrial pollution, further investments in waste management and clean technologies are necessary. In 2017, about **** percent of GDP was spent on pollution control. Surging environmental costs aside, environmental issues could also be a key to industrial transition as China placed major investments in renewable energy and clean tech projects. The consumption of green energy skyrocketed from **** exajoules in 2005 to **** million in 2022.

General government final consumption expenditure (% of GDP) in Sweden was reported at 26.02 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Sweden - General government final consumption expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Key information about US Public Consumption: % of GDP

• United States Public Consumption accounted for 13.4 % of its Nominal GDP in Dec 2024, compared with a share of 13.4 % in the previous quarter.
• US Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1947 to Dec 2024, with an average number of 15.7 %.
• The data reached an all-time high of 18.3 % in Dec 1953 and a record low of 12.3 % in Sep 1950.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. Government Consumption Expenditure is calculated as the sum of National Defence Consumption, Nondefence Consumption and State and Local Government Consumption. The Bureau of Economic Analysis provides Government Consumption Expenditure in USD and Nominal GDP in USD.


Related information about US Public Consumption: % of GDP

• In the latest reports, US GDP expanded 1.8 % YoY in Mar 2023.
• US Nominal GDP reached 6,632.4 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.3 % in Mar 2023.
• US GDP Per Capita reached 59,484.0 USD in Dec 2017.
• Its Gross Savings Rate was measured at 16.0 % in Mar 2023.
• For Nominal GDP contributions, Investment accounted for 20.7 % in Mar 2023.
• Private Consumption accounted for 68.8 % in Dec 2024.

Graph and download economic data for Real Government Consumption Expenditures (A955RX1A020NBEA) from 1970 to 2024 about consumption expenditures, consumption, government, real, GDP, and USA.

Consumption as percent of GDP in Palestine, December, 2024 The most recent value is 90.47 percent as of Q4 2024, a decline compared to the previous value of 97.37 percent. Historically, the average for Palestine from Q1 2011 to Q4 2024 is 90.89 percent. The minimum of 84.6 percent was recorded in Q4 2015, while the maximum of 102.44 percent was reached in Q4 2022. | TheGlobalEconomy.com

Consumer Spending in the United States increased to 16350.20 USD Billion in the second quarter of 2025 from 16291.80 USD Billion in the first quarter of 2025. This dataset provides the latest reported value for - United States Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.