Australia - 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

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts