Australia - Gross national expenditure

Gross national expenditure (current US$)

The latest value for Gross national expenditure (current US$) in Australia was $1,275,680,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $1,596,880,000,000 in 2013 and $18,679,580,000 in 1960.

Definition: 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.

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

See also:

Year Value
1960 $18,679,580,000
1961 $20,176,950,000
1962 $19,825,290,000
1963 $21,737,040,000
1964 $23,674,540,000
1965 $26,615,520,000
1966 $28,186,810,000
1967 $30,981,070,000
1968 $33,838,060,000
1969 $37,362,530,000
1970 $41,470,490,000
1971 $45,466,460,000
1972 $51,803,740,000
1973 $62,265,210,000
1974 $87,761,240,000
1975 $96,934,310,000
1976 $105,320,000,000
1977 $111,750,000,000
1978 $120,435,000,000
1979 $137,610,000,000
1980 $150,525,000,000
1981 $181,574,000,000
1982 $201,401,000,000
1983 $182,900,000,000
1984 $197,243,000,000
1985 $184,688,000,000
1986 $189,554,000,000
1987 $195,485,000,000
1988 $239,568,000,000
1989 $304,382,000,000
1990 $315,648,000,000
1991 $324,777,000,000
1992 $326,662,000,000
1993 $314,652,000,000
1994 $323,969,000,000
1995 $375,142,000,000
1996 $402,907,000,000
1997 $434,123,000,000
1998 $402,912,000,000
1999 $398,608,000,000
2000 $424,544,000,000
2001 $378,758,000,000
2002 $395,326,000,000
2003 $477,153,000,000
2004 $630,667,000,000
2005 $713,942,000,000
2006 $761,419,000,000
2007 $867,986,000,000
2008 $1,082,050,000,000
2009 $925,438,000,000
2010 $1,158,170,000,000
2011 $1,383,470,000,000
2012 $1,549,110,000,000
2013 $1,596,880,000,000
2014 $1,471,600,000,000
2015 $1,370,620,000,000
2016 $1,234,170,000,000
2017 $1,320,100,000,000
2018 $1,423,430,000,000
2019 $1,357,230,000,000
2020 $1,275,680,000,000

Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Australia was 1,903,050,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,903,050,000,000 in 2020 and a minimum value of 16,679,000,000 in 1960.

Definition: 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.

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

Year Value
1960 16,679,000,000
1961 18,016,000,000
1962 17,702,000,000
1963 19,409,000,000
1964 21,139,000,000
1965 23,765,000,000
1966 25,168,000,000
1967 27,663,000,000
1968 30,214,000,000
1969 33,361,000,000
1970 37,029,000,000
1971 40,597,000,000
1972 44,344,000,000
1973 48,598,000,000
1974 59,546,000,000
1975 70,985,000,000
1976 83,550,000,000
1977 97,424,000,000
1978 106,778,000,000
1979 121,138,000,000
1980 135,096,000,000
1981 156,390,000,000
1982 182,530,000,000
1983 195,429,000,000
1984 217,796,000,000
1985 240,778,000,000
1986 270,986,000,000
1987 295,417,000,000
1988 329,262,000,000
1989 373,811,000,000
1990 410,184,000,000
1991 413,799,000,000
1992 424,759,000,000
1993 447,813,000,000
1994 468,297,000,000
1995 505,241,000,000
1996 531,031,000,000
1997 554,723,000,000
1998 594,013,000,000
1999 636,098,000,000
2000 676,001,000,000
2001 705,777,000,000
2002 755,547,000,000
2003 819,271,000,000
2004 886,592,000,000
2005 949,686,000,000
2006 1,016,950,000,000
2007 1,105,550,000,000
2008 1,208,650,000,000
2009 1,256,930,000,000
2010 1,314,880,000,000
2011 1,403,250,000,000
2012 1,502,320,000,000
2013 1,556,480,000,000
2014 1,603,010,000,000
2015 1,647,350,000,000
2016 1,695,510,000,000
2017 1,750,320,000,000
2018 1,836,360,000,000
2019 1,897,680,000,000
2020 1,903,050,000,000

Gross national expenditure (constant 2010 US$)

Definition: 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 2010 U.S. dollars.

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

See also:

Year Value
2015 1,370,620,000,000

Gross national expenditure (constant LCU)

Definition: 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.

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

Year Value
2020 1,903,050,000,000

Gross national expenditure (% of GDP)

Gross national expenditure (% of GDP) in Australia was 96.07 as of 2020. Its highest value over the past 60 years was 103.94 in 1986, while its lowest value was 96.07 in 2020.

Definition: 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).

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

See also:

Year Value
1960 100.39
1961 102.51
1962 99.51
1963 100.92
1964 99.47
1965 102.46
1966 103.21
1967 101.76
1968 103.43
1969 101.84
1970 100.32
1971 100.54
1972 99.52
1973 97.53
1974 98.63
1975 99.59
1976 100.21
1977 101.23
1978 101.60
1979 101.98
1980 100.33
1981 102.61
1982 103.76
1983 103.14
1984 101.89
1985 102.28
1986 103.94
1987 103.21
1988 101.48
1989 101.54
1990 101.39
1991 99.65
1992 100.36
1993 100.81
1994 100.36
1995 101.96
1996 100.45
1997 99.72
1998 100.88
1999 102.44
2000 102.16
2001 99.91
2002 100.00
2003 102.09
2004 102.69
2005 102.71
2006 101.85
2007 101.64
2008 102.55
2009 99.72
2010 100.92
2011 98.97
2012 100.17
2013 101.30
2014 100.28
2015 101.49
2016 102.28
2017 99.49
2018 99.64
2019 97.51
2020 96.07

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts