Australia vs Upper middle income: Final consumption expenditure
Final consumption expenditure over time
- Australia
- Upper middle income
How they compare
Upper middle income currently reports 20.18 trillion constant 2015 US$ against 1.35 trillion constant 2015 US$ in Australia, a difference of 18.83 trillion constant 2015 US$.
That makes Upper middle income's figure about 15.0 times Australia's.
Across all 31 years both countries report, Upper middle income has been ahead every year.
Australia ranks 11th and Upper middle income ranks 11th of 171 countries.
Upper middle income has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 556.04 billion constant 2015 US$ | 5.10 trillion constant 2015 US$ | 4.54 trillion constant 2015 US$ | Upper middle income |
| 2000s | 747.38 billion constant 2015 US$ | 7.43 trillion constant 2015 US$ | 6.68 trillion constant 2015 US$ | Upper middle income |
| 2010s | 1.02 trillion constant 2015 US$ | 13.09 trillion constant 2015 US$ | 12.07 trillion constant 2015 US$ | Upper middle income |
| 2020s | 1.25 trillion constant 2015 US$ | 18.09 trillion constant 2015 US$ | 16.84 trillion constant 2015 US$ | Upper middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Australia or Upper middle income?
- Upper middle income, at 20.18 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 Upper middle income?
- 18.83 trillion constant 2015 US$, with Upper middle income ahead.
- How many years of comparable data are there for Australia and Upper middle income?
- 31 years are reported by both, from 1995 to 2025.
- How do Australia and Upper middle income rank globally for final consumption expenditure?
- Australia ranks 11th and Upper middle income ranks 11th of 171 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant 2015 US$). 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.