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Economy > Gross national expenditure Stats: compare key data on Italy & United States

Definitions

  • Constant LCU: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency.
  • Current LCU: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.
  • Current US$: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars.
  • Current US$ > Per $ GDP: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Current US$ > Per capita: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Current US$ per capita: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Figures expressed per capita for the same year.
STAT Italy United States HISTORY
Constant LCU 1240166000000 11305200000000
Current LCU 1417957000000 12303200000000
Current US$ 1.76 trillion$
Ranked 5th.
12.3 trillion$
Ranked 1st. 7 times more than Italy

Current US$ > Per $ GDP 1$ per $1 of GDP
Ranked 97th.
1.05$ per $1 of GDP
Ranked 76th. 5% more than Italy

Current US$ > Per capita 30,088.68$ per capita
Ranked 14th.
41,896.73$ per capita
Ranked 6th. 39% more than Italy

Current US$ per capita 30,088.69$
Ranked 14th.
42,018.37$
Ranked 6th. 40% more than Italy

SOURCES: World Development Indicators database; World Development Indicators database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.

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