Australia - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Australia was $979,981,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $1,157,330,000,000 in 2013 and $12,805,470,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $12,805,470,000
1961 $13,654,380,000
1962 $14,162,840,000
1963 $15,098,000,000
1964 $16,370,250,000
1965 $17,904,580,000
1966 $19,280,990,000
1967 $20,959,790,000
1968 $23,047,370,000
1969 $25,025,200,000
1970 $27,841,860,000
1971 $30,954,190,000
1972 $35,969,630,000
1973 $44,144,780,000
1974 $60,565,950,000
1975 $70,850,740,000
1976 $77,554,520,000
1977 $81,994,730,000
1978 $89,843,220,000
1979 $100,040,000,000
1980 $109,899,000,000
1981 $130,846,000,000
1982 $143,511,000,000
1983 $138,048,000,000
1984 $145,707,000,000
1985 $134,105,000,000
1986 $137,587,000,000
1987 $143,651,000,000
1988 $173,518,000,000
1989 $215,588,000,000
1990 $225,514,000,000
1991 $245,826,000,000
1992 $253,921,000,000
1993 $240,982,000,000
1994 $245,620,000,000
1995 $279,440,000,000
1996 $303,418,000,000
1997 $325,845,000,000
1998 $300,416,000,000
1999 $296,725,000,000
2000 $315,292,000,000
2001 $289,949,000,000
2002 $298,714,000,000
2003 $355,823,000,000
2004 $464,301,000,000
2005 $522,907,000,000
2006 $555,557,000,000
2007 $632,840,000,000
2008 $779,981,000,000
2009 $671,288,000,000
2010 $850,492,000,000
2011 $1,013,410,000,000
2012 $1,120,260,000,000
2013 $1,157,330,000,000
2014 $1,079,250,000,000
2015 $1,015,650,000,000
2016 $927,513,000,000
2017 $1,000,310,000,000
2018 $1,072,640,000,000
2019 $1,033,080,000,000
2020 $979,981,000,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Australia was 1,461,940,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,461,940,000,000 in 2020 and a minimum value of 11,434,000,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 11,434,000,000
1961 12,192,000,000
1962 12,646,000,000
1963 13,481,000,000
1964 14,617,000,000
1965 15,987,000,000
1966 17,216,000,000
1967 18,715,000,000
1968 20,579,000,000
1969 22,345,000,000
1970 24,860,000,000
1971 27,639,000,000
1972 30,790,000,000
1973 34,455,000,000
1974 41,094,000,000
1975 51,884,000,000
1976 61,524,000,000
1977 71,483,000,000
1978 79,655,000,000
1979 88,065,000,000
1980 98,634,000,000
1981 112,698,000,000
1982 130,064,000,000
1983 147,504,000,000
1984 160,890,000,000
1985 174,833,000,000
1986 196,695,000,000
1987 217,086,000,000
1988 238,483,000,000
1989 264,764,000,000
1990 293,055,000,000
1991 313,207,000,000
1992 330,174,000,000
1993 342,966,000,000
1994 355,043,000,000
1995 376,350,000,000
1996 399,905,000,000
1997 416,365,000,000
1998 442,904,000,000
1999 473,514,000,000
2000 502,039,000,000
2001 540,291,000,000
2002 570,902,000,000
2003 610,948,000,000
2004 652,715,000,000
2005 695,571,000,000
2006 742,002,000,000
2007 806,048,000,000
2008 871,239,000,000
2009 911,743,000,000
2010 965,564,000,000
2011 1,027,900,000,000
2012 1,086,430,000,000
2013 1,128,050,000,000
2014 1,175,630,000,000
2015 1,220,720,000,000
2016 1,274,220,000,000
2017 1,326,320,000,000
2018 1,383,820,000,000
2019 1,444,460,000,000
2020 1,461,940,000,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Australia was 1,132,840,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 1,137,580,000,000 in 2019 and 143,878,000,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 143,878,000,000
1961 147,404,000,000
1962 151,430,000,000
1963 159,335,000,000
1964 169,506,000,000
1965 179,142,000,000
1966 186,612,000,000
1967 196,236,000,000
1968 207,520,000,000
1969 217,703,000,000
1970 231,637,000,000
1971 241,236,000,000
1972 250,262,000,000
1973 261,221,000,000
1974 275,551,000,000
1975 291,281,000,000
1976 298,576,000,000
1977 311,016,000,000
1978 317,864,000,000
1979 323,997,000,000
1980 330,156,000,000
1981 341,911,000,000
1982 357,573,000,000
1983 366,292,000,000
1984 373,450,000,000
1985 382,447,000,000
1986 399,768,000,000
1987 409,176,000,000
1988 422,735,000,000
1989 440,480,000,000
1990 457,678,000,000
1991 464,600,000,000
1992 475,686,000,000
1993 485,384,000,000
1994 494,530,000,000
1995 515,148,000,000
1996 533,572,000,000
1997 547,801,000,000
1998 574,000,000,000
1999 604,261,000,000
2000 628,165,000,000
2001 646,948,000,000
2002 666,994,000,000
2003 693,273,000,000
2004 728,584,000,000
2005 759,088,000,000
2006 783,518,000,000
2007 820,644,000,000
2008 856,542,000,000
2009 866,864,000,000
2010 892,530,000,000
2011 927,333,000,000
2012 956,186,000,000
2013 971,022,000,000
2014 990,988,000,000
2015 1,015,650,000,000
2016 1,047,310,000,000
2017 1,079,190,000,000
2018 1,110,600,000,000
2019 1,137,580,000,000
2020 1,132,840,000,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Australia was -0.42 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 6.40 in 1970 and a minimum value of -0.42 in 2020.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 2.45
1962 2.73
1963 5.22
1964 6.38
1965 5.68
1966 4.17
1967 5.16
1968 5.75
1969 4.91
1970 6.40
1971 4.14
1972 3.74
1973 4.38
1974 5.49
1975 5.71
1976 2.50
1977 4.17
1978 2.20
1979 1.93
1980 1.90
1981 3.56
1982 4.58
1983 2.44
1984 1.95
1985 2.41
1986 4.53
1987 2.35
1988 3.31
1989 4.20
1990 3.90
1991 1.51
1992 2.39
1993 2.04
1994 1.88
1995 4.17
1996 3.58
1997 2.67
1998 4.78
1999 5.27
2000 3.96
2001 2.99
2002 3.10
2003 3.94
2004 5.09
2005 4.19
2006 3.22
2007 4.74
2008 4.37
2009 1.21
2010 2.96
2011 3.90
2012 3.11
2013 1.55
2014 2.06
2015 2.49
2016 3.12
2017 3.04
2018 2.91
2019 2.43
2020 -0.42

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Australia was 1,461,940,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,468,050,000,000 in 2019 and a minimum value of 185,675,000,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 185,675,000,000
1961 190,226,000,000
1962 195,422,000,000
1963 205,623,000,000
1964 218,749,000,000
1965 231,184,000,000
1966 240,824,000,000
1967 253,244,000,000
1968 267,806,000,000
1969 280,947,000,000
1970 298,929,000,000
1971 311,317,000,000
1972 322,965,000,000
1973 337,107,000,000
1974 355,601,000,000
1975 375,900,000,000
1976 385,315,000,000
1977 401,368,000,000
1978 410,206,000,000
1979 418,121,000,000
1980 426,068,000,000
1981 441,239,000,000
1982 461,451,000,000
1983 472,703,000,000
1984 481,940,000,000
1985 493,550,000,000
1986 515,903,000,000
1987 528,044,000,000
1988 545,543,000,000
1989 568,442,000,000
1990 590,636,000,000
1991 599,570,000,000
1992 613,876,000,000
1993 626,392,000,000
1994 638,195,000,000
1995 664,802,000,000
1996 688,578,000,000
1997 706,941,000,000
1998 740,751,000,000
1999 779,803,000,000
2000 810,651,000,000
2001 834,891,000,000
2002 860,760,000,000
2003 894,673,000,000
2004 940,243,000,000
2005 979,608,000,000
2006 1,011,140,000,000
2007 1,059,050,000,000
2008 1,105,370,000,000
2009 1,118,690,000,000
2010 1,151,820,000,000
2011 1,196,730,000,000
2012 1,233,960,000,000
2013 1,253,110,000,000
2014 1,278,880,000,000
2015 1,310,710,000,000
2016 1,351,560,000,000
2017 1,392,700,000,000
2018 1,433,240,000,000
2019 1,468,050,000,000
2020 1,461,940,000,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Australia was 73.80 as of 2020. Its highest value over the past 60 years was 78.01 in 1992, while its lowest value was 67.35 in 1970.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 68.82
1961 69.37
1962 71.09
1963 70.09
1964 68.78
1965 68.92
1966 70.60
1967 68.85
1968 70.44
1969 68.21
1970 67.35
1971 68.45
1972 69.10
1973 69.14
1974 68.07
1975 72.79
1976 73.79
1977 74.28
1978 75.79
1979 74.14
1980 73.25
1981 73.94
1982 73.93
1983 77.85
1984 75.26
1985 74.27
1986 75.44
1987 75.85
1988 73.50
1989 71.92
1990 72.44
1991 75.43
1992 78.01
1993 77.21
1994 76.09
1995 75.95
1996 75.65
1997 74.85
1998 75.22
1999 76.26
2000 75.87
2001 76.49
2002 75.56
2003 76.13
2004 75.60
2005 75.23
2006 74.32
2007 74.11
2008 73.92
2009 72.33
2010 74.11
2011 72.49
2012 72.44
2013 73.42
2014 73.54
2015 75.20
2016 76.86
2017 75.39
2018 75.09
2019 74.22
2020 73.80

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts