20 19 American consumption as a percentage of gdp
In 20 19, American consumption accounted for 70% of gdp. In 20 19, American GDP was 70% for personal consumption, 0/8% for business investment, 0/7% for government expenditure and negative 5% for net exports. For many years, the United States has been firmly in the position of the world's largest economy. In 20 19, the retail sales of the United States was about 4.9 trillion dollars, and the consumption alone accounted for 70% of the total GDP of the United States. The United States has a population of 330 million, and the total retail sales of consumer goods in 20 19 is about $270 billion higher than that in China.