Australia - 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.

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Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts