Australia vs United Kingdom of Great Britain and Northern Ireland: Economic Outlook No 115 — Private final consumption expenditure
Economic Outlook No 115 — Private final consumption expenditure over time
- Australia
- United Kingdom of Great Britain and Northern Ireland
How they compare
United Kingdom of Great Britain and Northern Ireland currently reports 1.77 trillion against 1.44 trillion in Australia, a difference of 331.96 billion.
That makes United Kingdom of Great Britain and Northern Ireland's figure about 1.2 times Australia's.
Across all 66 years both countries report, United Kingdom of Great Britain and Northern Ireland has been ahead every year.
Australia ranks 21st and United Kingdom of Great Britain and Northern Ireland ranks 18th of 37 countries.
United Kingdom of Great Britain and Northern Ireland has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Australia | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 13.59 billion | 23.12 billion | 9.53 billion | United Kingdom of Great Britain and Northern Ireland |
| 1970s | 42.18 billion | 71.90 billion | 29.72 billion | United Kingdom of Great Britain and Northern Ireland |
| 1980s | 137.99 billion | 253.33 billion | 115.34 billion | United Kingdom of Great Britain and Northern Ireland |
| 1990s | 290.32 billion | 542.66 billion | 252.33 billion | United Kingdom of Great Britain and Northern Ireland |
| 2000s | 538.79 billion | 878.93 billion | 340.13 billion | United Kingdom of Great Britain and Northern Ireland |
| 2010s | 908.63 billion | 1.22 trillion | 313.04 billion | United Kingdom of Great Britain and Northern Ireland |
| 2020s | 1.24 trillion | 1.55 trillion | 314.26 billion | United Kingdom of Great Britain and Northern Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 115 — private final consumption expenditure, Australia or United Kingdom of Great Britain and Northern Ireland?
- United Kingdom of Great Britain and Northern Ireland, at 1.77 trillion against 1.44 trillion in Australia as of 2025.
- What is the difference in economic outlook no 115 — private final consumption expenditure between Australia and United Kingdom of Great Britain and Northern Ireland?
- 331.96 billion, with United Kingdom of Great Britain and Northern Ireland ahead.
- How many years of comparable data are there for Australia and United Kingdom of Great Britain and Northern Ireland?
- 66 years are reported by both, from 1960 to 2025.
- How do Australia and United Kingdom of Great Britain and Northern Ireland rank globally for economic outlook no 115 — private final consumption expenditure?
- Australia ranks 21st and United Kingdom of Great Britain and Northern Ireland ranks 18th of 37 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 115 — Private final consumption expenditure, nominal value, GDP expenditure approach. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP