Australia - 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

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity