Australia - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Australia was $702,970,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $872,426,000,000 in 2013 and $10,723,490,000 in 1960.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

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

See also:

Year Value
1960 $10,723,490,000
1961 $11,405,530,000
1962 $11,756,080,000
1963 $12,559,080,000
1964 $13,639,830,000
1965 $14,787,770,000
1966 $15,753,160,000
1967 $17,035,500,000
1968 $18,556,390,000
1969 $20,193,750,000
1970 $22,348,530,000
1971 $24,609,700,000
1972 $28,401,870,000
1973 $34,734,150,000
1974 $47,594,690,000
1975 $54,360,240,000
1976 $58,599,520,000
1977 $62,554,480,000
1978 $68,516,810,000
1979 $76,403,500,000
1980 $83,842,900,000
1981 $99,052,590,000
1982 $108,773,000,000
1983 $104,679,000,000
1984 $109,935,000,000
1985 $99,696,250,000
1986 $102,678,000,000
1987 $107,493,000,000
1988 $130,562,000,000
1989 $163,059,000,000
1990 $171,449,000,000
1991 $186,078,000,000
1992 $191,481,000,000
1993 $181,461,000,000
1994 $185,880,000,000
1995 $212,644,000,000
1996 $230,834,000,000
1997 $248,478,000,000
1998 $229,541,000,000
1999 $226,146,000,000
2000 $240,837,000,000
2001 $222,105,000,000
2002 $228,787,000,000
2003 $272,954,000,000
2004 $356,165,000,000
2005 $400,053,000,000
2006 $424,045,000,000
2007 $483,700,000,000
2008 $596,594,000,000
2009 $506,838,000,000
2010 $642,691,000,000
2011 $762,826,000,000
2012 $839,587,000,000
2013 $872,426,000,000
2014 $815,470,000,000
2015 $767,848,000,000
2016 $697,170,000,000
2017 $747,682,000,000
2018 $799,702,000,000
2019 $762,030,000,000
2020 $702,970,000,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Australia was 1,048,690,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,065,470,000,000 in 2019 and a minimum value of 9,575,000,000 in 1960.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current local currency.

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

Year Value
1960 9,575,000,000
1961 10,184,000,000
1962 10,497,000,000
1963 11,214,000,000
1964 12,179,000,000
1965 13,204,000,000
1966 14,066,000,000
1967 15,211,000,000
1968 16,569,000,000
1969 18,031,000,000
1970 19,955,000,000
1971 21,974,000,000
1972 24,312,000,000
1973 27,110,000,000
1974 32,293,000,000
1975 39,808,000,000
1976 46,487,000,000
1977 54,535,000,000
1978 60,747,000,000
1979 67,258,000,000
1980 75,249,000,000
1981 85,314,000,000
1982 98,581,000,000
1983 111,850,000,000
1984 121,390,000,000
1985 129,974,000,000
1986 146,789,000,000
1987 162,444,000,000
1988 179,444,000,000
1989 200,253,000,000
1990 222,798,000,000
1991 237,082,000,000
1992 248,983,000,000
1993 258,255,000,000
1994 268,689,000,000
1995 286,389,000,000
1996 304,239,000,000
1997 317,505,000,000
1998 338,413,000,000
1999 360,884,000,000
2000 383,485,000,000
2001 413,871,000,000
2002 437,257,000,000
2003 468,662,000,000
2004 500,697,000,000
2005 532,151,000,000
2006 566,355,000,000
2007 616,089,000,000
2008 666,396,000,000
2009 688,387,000,000
2010 729,647,000,000
2011 773,734,000,000
2012 814,231,000,000
2013 850,354,000,000
2014 888,292,000,000
2015 922,877,000,000
2016 957,772,000,000
2017 991,351,000,000
2018 1,031,700,000,000
2019 1,065,470,000,000
2020 1,048,690,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Australia was 814,425,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 840,731,000,000 in 2019 and 111,056,000,000 in 1960.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. 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 111,056,000,000
1961 113,515,000,000
1962 116,362,000,000
1963 122,706,000,000
1964 131,351,000,000
1965 137,918,000,000
1966 141,962,000,000
1967 149,224,000,000
1968 156,634,000,000
1969 164,966,000,000
1970 175,066,000,000
1971 181,868,000,000
1972 188,417,000,000
1973 197,266,000,000
1974 209,673,000,000
1975 219,825,000,000
1976 221,515,000,000
1977 233,269,000,000
1978 237,841,000,000
1979 241,409,000,000
1980 245,732,000,000
1981 253,731,000,000
1982 267,860,000,000
1983 274,302,000,000
1984 277,295,000,000
1985 279,826,000,000
1986 294,194,000,000
1987 300,083,000,000
1988 309,574,000,000
1989 323,847,000,000
1990 337,800,000,000
1991 341,110,000,000
1992 349,071,000,000
1993 355,614,000,000
1994 363,245,000,000
1995 379,321,000,000
1996 392,054,000,000
1997 403,252,000,000
1998 423,538,000,000
1999 446,924,000,000
2000 465,889,000,000
2001 481,541,000,000
2002 496,214,000,000
2003 517,338,000,000
2004 544,784,000,000
2005 569,199,000,000
2006 587,774,000,000
2007 618,689,000,000
2008 648,277,000,000
2009 649,967,000,000
2010 672,015,000,000
2011 699,299,000,000
2012 719,282,000,000
2013 732,802,000,000
2014 748,853,000,000
2015 767,848,000,000
2016 787,469,000,000
2017 806,476,000,000
2018 828,214,000,000
2019 840,731,000,000
2020 814,425,000,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Australia was -3.13 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 7.04 in 1964 and a minimum value of -3.13 in 2020.

Definition: Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.

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

See also:

Year Value
1961 2.21
1962 2.51
1963 5.45
1964 7.04
1965 5.00
1966 2.93
1967 5.12
1968 4.97
1969 5.32
1970 6.12
1971 3.89
1972 3.60
1973 4.70
1974 6.29
1975 4.84
1976 0.77
1977 5.31
1978 1.96
1979 1.50
1980 1.79
1981 3.26
1982 5.57
1983 2.40
1984 1.09
1985 0.91
1986 5.13
1987 2.00
1988 3.16
1989 4.61
1990 4.31
1991 0.98
1992 2.33
1993 1.87
1994 2.15
1995 4.43
1996 3.36
1997 2.86
1998 5.03
1999 5.52
2000 4.24
2001 3.36
2002 3.05
2003 4.26
2004 5.31
2005 4.48
2006 3.26
2007 5.26
2008 4.78
2009 0.26
2010 3.39
2011 4.06
2012 2.86
2013 1.88
2014 2.19
2015 2.54
2016 2.56
2017 2.41
2018 2.70
2019 1.51
2020 -3.13

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Australia was 1,048,690,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,082,560,000,000 in 2019 and a minimum value of 143,001,000,000 in 1960.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant local currency.

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

Year Value
1960 143,001,000,000
1961 146,167,000,000
1962 149,833,000,000
1963 158,002,000,000
1964 169,133,000,000
1965 177,589,000,000
1966 182,797,000,000
1967 192,148,000,000
1968 201,689,000,000
1969 212,418,000,000
1970 225,423,000,000
1971 234,181,000,000
1972 242,614,000,000
1973 254,009,000,000
1974 269,984,000,000
1975 283,056,000,000
1976 285,232,000,000
1977 300,368,000,000
1978 306,255,000,000
1979 310,849,000,000
1980 316,415,000,000
1981 326,715,000,000
1982 344,909,000,000
1983 353,204,000,000
1984 357,058,000,000
1985 360,317,000,000
1986 378,817,000,000
1987 386,400,000,000
1988 398,621,000,000
1989 417,000,000,000
1990 434,967,000,000
1991 439,229,000,000
1992 449,480,000,000
1993 457,905,000,000
1994 467,730,000,000
1995 488,431,000,000
1996 504,826,000,000
1997 519,245,000,000
1998 545,366,000,000
1999 575,479,000,000
2000 599,899,000,000
2001 620,054,000,000
2002 638,948,000,000
2003 666,148,000,000
2004 701,488,000,000
2005 732,926,000,000
2006 756,844,000,000
2007 796,652,000,000
2008 834,750,000,000
2009 836,926,000,000
2010 865,317,000,000
2011 900,449,000,000
2012 926,180,000,000
2013 943,589,000,000
2014 964,257,000,000
2015 988,716,000,000
2016 1,013,980,000,000
2017 1,038,460,000,000
2018 1,066,450,000,000
2019 1,082,560,000,000
2020 1,048,690,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Australia was 668,873,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 671,237,000,000 in 2019 and 160,771,000,000 in 1990.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 160,771,000,000
1991 170,466,000,000
1992 180,376,000,000
1993 187,803,000,000
1994 196,329,000,000
1995 207,899,000,000
1996 221,366,000,000
1997 231,694,000,000
1998 245,530,000,000
1999 262,845,000,000
2000 277,002,000,000
2001 295,003,000,000
2002 307,181,000,000
2003 321,611,000,000
2004 346,922,000,000
2005 363,456,000,000
2006 378,270,000,000
2007 409,300,000,000
2008 435,361,000,000
2009 444,637,000,000
2010 469,346,000,000
2011 506,821,000,000
2012 526,601,000,000
2013 560,124,000,000
2014 580,501,000,000
2015 597,154,000,000
2016 624,649,000,000
2017 634,310,000,000
2018 661,615,000,000
2019 671,237,000,000
2020 668,873,000,000

Household final consumption expenditure, PPP (constant 2011 international $)

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Australia was 640,562,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 661,252,000,000 in 2019 and 265,687,000,000 in 1990.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 265,687,000,000
1991 268,290,000,000
1992 274,552,000,000
1993 279,698,000,000
1994 285,699,000,000
1995 298,344,000,000
1996 308,358,000,000
1997 317,166,000,000
1998 333,121,000,000
1999 351,515,000,000
2000 366,431,000,000
2001 378,742,000,000
2002 390,283,000,000
2003 406,897,000,000
2004 428,484,000,000
2005 447,687,000,000
2006 462,296,000,000
2007 486,612,000,000
2008 509,883,000,000
2009 511,212,000,000
2010 528,554,000,000
2011 550,013,000,000
2012 565,730,000,000
2013 576,364,000,000
2014 588,989,000,000
2015 603,929,000,000
2016 619,361,000,000
2017 634,310,000,000
2018 651,407,000,000
2019 661,252,000,000
2020 640,562,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Australia was 52.94 as of 2020. Its highest value over the past 60 years was 59.03 in 1983, while its lowest value was 52.94 in 2020.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also 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 57.63
1961 57.95
1962 59.01
1963 58.31
1964 57.31
1965 56.93
1966 57.68
1967 55.96
1968 56.72
1969 55.04
1970 54.06
1971 54.42
1972 54.57
1973 54.40
1974 53.49
1975 55.85
1976 55.76
1977 56.67
1978 57.80
1979 56.62
1980 55.88
1981 55.98
1982 56.04
1983 59.03
1984 56.79
1985 55.21
1986 56.30
1987 56.75
1988 55.31
1989 54.40
1990 55.07
1991 57.10
1992 58.83
1993 58.14
1994 57.58
1995 57.80
1996 57.55
1997 57.08
1998 57.47
1999 58.12
2000 57.95
2001 58.59
2002 57.87
2003 58.40
2004 57.99
2005 57.56
2006 56.72
2007 56.64
2008 56.54
2009 54.61
2010 56.00
2011 54.57
2012 54.29
2013 55.35
2014 55.57
2015 56.86
2016 57.78
2017 56.35
2018 55.98
2019 54.75
2020 52.94

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts