Final consumption expenditure (annual % growth) - Oceania
Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.
Description: The map below shows how Final consumption expenditure (annual % growth) varies by country in Oceania. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the region is Papua New Guinea, with a value of 10.47. The country with the lowest value in the region is Palau, with a value of 1.62.
Source: World Bank national accounts data, and OECD National Accounts data files.
Aggregation method: Weighted average