Australia Public Consumption: % of GDP

Key information about Australia Public Consumption: % of GDP

• Australia Public Consumption accounted for 20.4 % of its Nominal GDP in Dec 2022, compared with a share of 21.2 % in the previous quarter.
• Australia Public Consumption share of Nominal GDP ratio is updated quarterly, available from Sep 1959 to Dec 2022, with an average number of 18.1 %.
• The data reached an all-time high of 24.7 % in Jun 2020 and a record low of 10.1 % in Dec 1963.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The Australian Bureau of Statistics provides Government Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Australia Public Consumption: % of GDP

• In the latest reports, Australia GDP expanded 2.7 % YoY in Dec 2022.
• Australia Nominal GDP reached 414.7 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 9.1 % in Dec 2022.
• Australia GDP Per Capita reached 65,005.8 USD in Jun 2022.
• Its Gross Savings Rate was measured at 29.6 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 23.7 % in Dec 2022.
• Private Consumption accounted for 49.9 % in Dec 2022.

View Australia's Public Consumption: % of GDP from Sep 1959 to Dec 2022 in the chart:

What was Australia's Public Consumption: % of GDP in Dec 2022?

Australia Public Consumption accounted for 20.4 % of its Nominal GDP in Dec 2022, compared with a share of 21.2 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
20.4 Dec 2022	21.2 Sep 2022	10.1 Dec 1963	24.7 Jun 2020	%	quarterly	Sep 1959 - Dec 2022

Public Consumption: % of GDP by Country Comparison

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