Australia vs North America: Final consumption expenditure
Final consumption expenditure over time
- Australia
- North America
How they compare
North America currently reports 20.19 trillion constant 2015 US$ against 1.35 trillion constant 2015 US$ in Australia, a difference of 18.84 trillion constant 2015 US$.
That makes North America's figure about 15.0 times Australia's.
Across all 55 years both countries report, North America has been ahead every year.
Australia ranks 11th and North America ranks 10th of 171 countries.
North America has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Australia | North America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 279.93 billion constant 2015 US$ | 5.56 trillion constant 2015 US$ | 5.28 trillion constant 2015 US$ | North America |
| 1980s | 381.77 billion constant 2015 US$ | 7.37 trillion constant 2015 US$ | 6.99 trillion constant 2015 US$ | North America |
| 1990s | 515.51 billion constant 2015 US$ | 9.86 trillion constant 2015 US$ | 9.35 trillion constant 2015 US$ | North America |
| 2000s | 747.38 billion constant 2015 US$ | 13.54 trillion constant 2015 US$ | 12.80 trillion constant 2015 US$ | North America |
| 2010s | 1.02 trillion constant 2015 US$ | 16.06 trillion constant 2015 US$ | 15.04 trillion constant 2015 US$ | North America |
| 2020s | 1.23 trillion constant 2015 US$ | 18.99 trillion constant 2015 US$ | 17.76 trillion constant 2015 US$ | North America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Australia or North America?
- North America, at 20.19 trillion constant 2015 US$ against 1.35 trillion constant 2015 US$ in Australia as of 2024.
- What is the difference in final consumption expenditure between Australia and North America?
- 18.84 trillion constant 2015 US$, with North America ahead.
- How many years of comparable data are there for Australia and North America?
- 55 years are reported by both, from 1970 to 2024.
- How do Australia and North America rank globally for final consumption expenditure?
- Australia ranks 11th and North America ranks 10th of 171 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.