Goods, Debit/Expenditure in Western Hemisphere
Western Hemisphere: Goods, Debit/Expenditure was 1.43 trillion in 2024. β² Rising
Goods, Debit/Expenditure in Western Hemisphere, 2005β2024
Source: International Monetary Fund.
Analysis
In 2024, goods, debit/expenditure in Western Hemisphere stood at 1.43 trillion.
The figure is up 3.2% on the previous year and up 29.6% over ten years.
Over the whole period, goods, debit/expenditure in Western Hemisphere peaked at 1.46 trillion in 2022 and was at its lowest, 501.61 billion, in 2005.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 669.19 billion | 501.61 billion | 872.67 billion | 5 |
| 2010s | 1.02 trillion | 849.55 billion | 1.12 trillion | 10 |
| 2020s | 1.28 trillion | 889.16 billion | 1.46 trillion | 5 |
Countries ranked near Western Hemisphere
- 5 France 733.29 billion compare
- 6 India 726.89 billion compare
- 7 Japan 718.74 billion compare
- 8 Mexico 636.92 billion compare
- 9 Hong Kong (China) 633.12 billion compare
- 10 Netherlands, The 605.52 billion compare
- 11 Korea, Republic of 596.07 billion compare
More trade data for Western Hemisphere
- Total current account debit/expenditure, Debit/Expenditure 2.17 trillion (2024)
- Primary income, Debit/Expenditure 365.08 billion (2024)
- Services, Debit/Expenditure 338.90 billion (2024)
- Secondary income, Debit/Expenditure 36.86 billion (2024)
- Total capital account debit/expenditure, Debit/Expenditure 19.05 billion (2024)
Frequently asked questions
- What is goods, debit/expenditure in Western Hemisphere?
- Goods, debit/expenditure in Western Hemisphere was 1.43 trillion in 2024, according to International Monetary Fund.
- What is the highest goods, debit/expenditure recorded in Western Hemisphere?
- The highest recorded value was 1.46 trillion in 2022.
- What is the lowest goods, debit/expenditure recorded in Western Hemisphere?
- The lowest recorded value was 501.61 billion in 2005.
- How does Western Hemisphere rank for goods, debit/expenditure?
- Western Hemisphere ranks 8th out of 9 groups with data for 2024.
- Is goods, debit/expenditure rising or falling in Western Hemisphere?
- Over the last ten years it is up 29.6%. The long-run trend across the full record is rising.
- Where does this Western Hemisphere data come from?
- The figures come from International Monetary Fund, published as part of Goods, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.