Australia vs Europe & Central Asia: Final consumption expenditure

Australia
1.35 trillion constant 2015 US$
in 2025
Europe & Central Asia
18.61 trillion constant 2015 US$
in 2025
Australia rank
11th
Europe & Central Asia rank
12th

Final consumption expenditure over time

  • Australia
  • Europe & Central Asia
05.0T10.0T15.0T20.0T196019922025

How they compare

Europe & Central Asia currently reports 18.61 trillion constant 2015 US$ against 1.35 trillion constant 2015 US$ in Australia, a difference of 17.27 trillion constant 2015 US$.

That makes Europe & Central Asia's figure about 13.8 times Australia's.

Across all 56 years both countries report, Europe & Central Asia has been ahead every year.

Australia ranks 11th and Europe & Central Asia ranks 12th of 171 countries.

Europe & Central Asia has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Australia Europe & Central Asia Difference Ahead
1970s 279.93 billion constant 2015 US$ 6.67 trillion constant 2015 US$ 6.39 trillion constant 2015 US$ Europe & Central Asia
1980s 381.77 billion constant 2015 US$ 8.57 trillion constant 2015 US$ 8.19 trillion constant 2015 US$ Europe & Central Asia
1990s 515.51 billion constant 2015 US$ 10.60 trillion constant 2015 US$ 10.08 trillion constant 2015 US$ Europe & Central Asia
2000s 747.38 billion constant 2015 US$ 13.41 trillion constant 2015 US$ 12.66 trillion constant 2015 US$ Europe & Central Asia
2010s 1.02 trillion constant 2015 US$ 15.60 trillion constant 2015 US$ 14.58 trillion constant 2015 US$ Europe & Central Asia
2020s 1.25 trillion constant 2015 US$ 17.54 trillion constant 2015 US$ 16.28 trillion constant 2015 US$ Europe & Central Asia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher final consumption expenditure, Australia or Europe & Central Asia?
Europe & Central Asia, at 18.61 trillion constant 2015 US$ against 1.35 trillion constant 2015 US$ in Australia as of 2025.
What is the difference in final consumption expenditure between Australia and Europe & Central Asia?
17.27 trillion constant 2015 US$, with Europe & Central Asia ahead.
How many years of comparable data are there for Australia and Europe & Central Asia?
56 years are reported by both, from 1970 to 2025.
How do Australia and Europe & Central Asia rank globally for final consumption expenditure?
Australia ranks 11th and Europe & Central Asia ranks 12th of 171 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Europe & Central Asia: Final consumption expenditure. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/final-consumption-expenditure-constant-2015-us/australia/europe-and-central-asia/

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About this data

Indicator
Final consumption expenditure (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 9,096 data points, 1960–2025
Last refreshed

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.