Australia GDP: PPP: Household Final Consumption Expenditure

1990 - 2023 | Yearly | Intl $ mn | World Bank

Australia GDP: PPP: Household Final Consumption Expenditure data was reported at 876,744.783 Intl $ mn in 2023. This records an increase from the previous number of 788,872.586 Intl $ mn for 2022. Australia GDP: PPP: Household Final Consumption Expenditure data is updated yearly, averaging 389,895.133 Intl $ mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 876,744.783 Intl $ mn in 2023 and a record low of 159,659.858 Intl $ mn in 1990. Australia GDP: PPP: Household Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. This indicator provides values for households and NPISHs final consumption expenditure expressed in current international dollars converted by purchasing power parity (PPP) conversion factor. 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. PPP conversion factor is a spatial price deflator and currency converter that eliminates the effects of the differences in price levels between countries. From July 2020, “Households and NPISHs final consumption expenditure: linked series (current LCU)” [NE.CON.PRVT.CN.AD] is used as underlying expenditure in local currency unit so that it’s in line with time series of PPP conversion factor, private consumption (LCU per international $), which are extrapolated with linked CPI.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;

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Australia Australia GDP: PPP: Household Final Consumption Expenditure
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Australia Australia GDP: PPP: Household Final Consumption Expenditure

What was Australia's Australia GDP: PPP: Household Final Consumption Expenditure in 2023?

Last Previous Min Max Unit Frequency Range
876,744.783 2023 788,872.586 2022 159,659.858 1990 876,744.783 2023 Intl $ mn yearly 1990 - 2023

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Australia Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 75,508.049 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 75,393.910 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 2.279 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 9.1 Dec 2022 quarterly Sep 1960 - Dec 2022
GDP per Capita (USD) 65,005.795 2022 yearly 1960 - 2022
Gross Fixed Capital Formation (USD mn) 112,464.982 Sep 2024 quarterly Sep 1959 - Sep 2024
Gross National Product (GNP) (USD mn) 445,781.657 Sep 2024 quarterly Sep 1959 - Sep 2024
Gross Savings Rate (%) 29.6 Dec 2022 quarterly Sep 1959 - Dec 2022
Investment: % of GDP (%) 24.2 Sep 2024 quarterly Sep 1959 - Sep 2024
Nominal GDP (USD mn) 440,146.9 Mar 2023 quarterly Sep 1959 - Mar 2023
Nominal GDP Growth (%) 3.547 Sep 2024 quarterly Sep 1960 - Sep 2024
Private Consumption Expenditure (USD mn) 234,691.816 Sep 2024 quarterly Sep 1959 - Sep 2024
Private Consumption: % of GDP (%) 51.8 Sep 2024 quarterly Sep 1959 - Sep 2024
Public Consumption Expenditure (USD mn) 104,894.689 Sep 2024 quarterly Sep 1959 - Sep 2024
Public Consumption: % of GDP (%) 20.4 Dec 2022 quarterly Sep 1959 - Dec 2022
Real GDP Growth (%) 2.7 Dec 2022 quarterly Sep 1960 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 46.221 Sep 2024 quarterly Sep 1959 - Sep 2024
Production Last Frequency Range
Gold Production (kg) 310,000.000 2023 yearly 1990 - 2023
Industrial Production Index Growth (%) 0.0 Sep 2024 quarterly Sep 1975 - Sep 2024
Minerals Production (Metric Ton) 1,321,311,762.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 7,141.000 2023 yearly 1997 - 2023
Silver Production (Metric Ton) 1,200.000 2023 yearly 1986 - 2023
Fertilizer Consumption (%) 285.140 2020 yearly 1961 - 2020
Agricultural Land (sq km) 3,557,750.000 2020 yearly 1961 - 2020
Aquaculture Production (Metric Ton) 125,230.520 2022 yearly 1960 - 2022
Construction and Properties Last Frequency Range
House Prices Growth (%) 6.6 Sep 2024 quarterly Sep 2004 - Sep 2024
Nominal Residential Property Price Index (2010=100) 191.679 Jun 2024 quarterly Mar 1970 - Jun 2024
Nominal Residential Property Price Index Growth (%) 8.599 Jun 2024 quarterly Mar 1971 - Jun 2024
Real Residential Property Price Index (2010=100) 132.712 Jun 2024 quarterly Mar 1970 - Jun 2024
Real Residential Property Price Index Growth (%) 4.608 Jun 2024 quarterly Mar 1971 - Jun 2024
Building Permits (Unit) 23,774.000 Oct 2024 monthly Jul 2001 - Oct 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.1 Sep 2024 quarterly Jun 2003 - Sep 2024
Forecast: Government Expenditure (AUD bn) 1,268.078 2029 yearly 1988 - 2029
Forecast: Government Net Debt (AUD bn) 1,568.589 2029 yearly 1989 - 2029
Forecast: Government Revenue (AUD bn) 1,234.249 2029 yearly 1988 - 2029
Government Debt: % of GDP (%) 38.0 2023 yearly 1999 - 2023
National Government Debt (USD mn) 650,929.8 2023 yearly 1999 - 2023
Tax Revenue (USD mn) 125,735.607 Sep 2024 quarterly Sep 2002 - Sep 2024
Consolidated Fiscal Balance (USD mn) -20,262.041 Sep 2024 quarterly Sep 2002 - Sep 2024
Tax Revenue: % of GDP (%) 27.7 Sep 2024 quarterly Sep 2002 - Sep 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 14,537,523.378 Oct 2024 monthly Feb 1978 - Oct 2024
Forecast: Employment (Person mn) 13.897 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 29.054 2029 yearly 1980 - 2029
Forecast: Unemployment Rate (%) 4.524 2029 yearly 1980 - 2029
Labour Force Participation Rate (%) 66.9 Oct 2024 monthly Feb 1978 - Oct 2024
Labour Productivity Growth (%) -1.74 Sep 2024 quarterly Jun 1979 - Sep 2024
Monthly Earnings (USD) 3,744 Nov 2023 semiannually May 2012 - Nov 2023
Population (Person mn) 27.0 2023 yearly 1950 - 2023
Unemployment Rate (%) 4.13 Oct 2024 monthly Feb 1978 - Oct 2024
Life Expectancy at Birth (Year) 83.200 2022 yearly 1960 - 2022

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