Australia vs European Union: Final consumption expenditure
Final consumption expenditure over time
- Australia
- European Union
How they compare
European Union currently reports 15.76 trillion current US$ against 1.35 trillion current US$ in Australia, a difference of 14.41 trillion current US$.
That makes European Union's figure about 11.7 times Australia's.
Across all 56 years both countries report, European Union has been ahead every year.
Australia ranks 14th and European Union ranks 1st of 187 countries.
European Union has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Australia | European Union | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 61.98 billion current US$ | 1.21 trillion current US$ | 1.15 trillion current US$ | European Union |
| 1980s | 147.28 billion current US$ | 2.76 trillion current US$ | 2.62 trillion current US$ | European Union |
| 1990s | 272.32 billion current US$ | 5.71 trillion current US$ | 5.44 trillion current US$ | European Union |
| 2000s | 490.66 billion current US$ | 8.71 trillion current US$ | 8.22 trillion current US$ | European Union |
| 2010s | 1.03 trillion current US$ | 11.42 trillion current US$ | 10.38 trillion current US$ | European Union |
| 2020s | 1.20 trillion current US$ | 13.48 trillion current US$ | 12.28 trillion current US$ | European Union |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Australia or European Union?
- European Union, at 15.76 trillion current US$ against 1.35 trillion current US$ in Australia as of 2025.
- What is the difference in final consumption expenditure between Australia and European Union?
- 14.41 trillion current US$, with European Union ahead.
- How many years of comparable data are there for Australia and European Union?
- 56 years are reported by both, from 1970 to 2025.
- How do Australia and European Union rank globally for final consumption expenditure?
- Australia ranks 14th and European Union ranks 1st of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Final consumption expenditure (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.