Household consumption (% of GDP) in Australia and New Zealand in 2024 — 52.1%. Since 1970, the indicator has fallen by 3.3 pp.
1970–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Australia and New Zealand
| Year | % | Change, pp |
|---|---|---|
| 2024 | 52.1 | +0.7 pp |
| 2023 | 51.4 | +1.3 pp |
| 2022 | 50.2 | −1.7 pp |
| 2021 | 51.9 | −1.2 pp |
| 2020 | 53.1 | −1.6 pp |
| 2019 | 54.7 | −1.1 pp |
| 2018 | 55.7 | −0.2 pp |
| 2017 | 56 | −1.3 pp |
| 2016 | 57.2 | +0.9 pp |
| 2015 | 56.4 | +1.1 pp |
| 2014 | 55.3 | +0.2 pp |
| 2013 | 55.1 | +0.8 pp |
| 2012 | 54.2 | −0.2 pp |
| 2011 | 54.4 | −1.3 pp |
| 2010 | 55.7 | +1.2 pp |
| 2009 | 54.5 | −1.6 pp |
| 2008 | 56.1 | −0 pp |
| 2007 | 56.1 | −0.3 pp |
| 2006 | 56.4 | −0.7 pp |
| 2005 | 57.1 | −0.3 pp |
| 2004 | 57.4 | −0.3 pp |
| 2003 | 57.7 | +0.4 pp |
| 2002 | 57.3 | −0.5 pp |
| 2001 | 57.9 | +0.4 pp |
| 2000 | 57.5 | −0.3 pp |
| 1999 | 57.8 | +0.4 pp |
| 1998 | 57.4 | +0.5 pp |
| 1997 | 57 | −0.4 pp |
| 1996 | 57.4 | −0.1 pp |
| 1995 | 57.4 | +0.1 pp |
| 1994 | 57.3 | −0.4 pp |
| 1993 | 57.7 | −0.8 pp |
| 1992 | 58.6 | +1.4 pp |
| 1991 | 57.1 | +1.7 pp |
| 1990 | 55.4 | +0.8 pp |
| 1989 | 54.7 | −0.8 pp |
| 1988 | 55.5 | −1.1 pp |
| 1987 | 56.6 | +0.5 pp |
| 1986 | 56 | +0.7 pp |
| 1985 | 55.4 | −1.5 pp |
| 1984 | 56.9 | −2 pp |
| 1983 | 58.8 | +2.5 pp |
| 1982 | 56.4 | +0.1 pp |
| 1981 | 56.3 | −0.2 pp |
| 1980 | 56.5 | −0.5 pp |
| 1979 | 57 | −1 pp |
| 1978 | 58 | +1 pp |
| 1977 | 57 | +0.8 pp |
| 1976 | 56.2 | −0.5 pp |
| 1975 | 56.7 | +2 pp |
| 1974 | 54.7 | −0.7 pp |
| 1973 | 55.4 | −0.2 pp |
| 1972 | 55.6 | +0 pp |
| 1971 | 55.6 | +0.1 pp |
| 1970 | 55.5 | — |
Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much money the residents of a country spend in a year on goods and services for themselves.
Economy Gross capital formation (% of GDP)Investment in fixed assets and inventories as a percent of GDP — the base of future growth.
Economy Government consumption (% of GDP)The share of GDP taken by government final consumption spending.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP growthThe annual growth rate of GDP in constant prices — with inflation stripped out.