Australia vs Late-demographic dividend: Final consumption expenditure
Final consumption expenditure over time
- Australia
- Late-demographic dividend
How they compare
Late-demographic dividend currently reports 18.70 trillion current US$ against 1.35 trillion current US$ in Australia, a difference of 17.35 trillion current US$.
That makes Late-demographic dividend's figure about 13.9 times Australia's.
Across all 65 years both countries report, Late-demographic dividend has been ahead every year.
Australia ranks 14th and Late-demographic dividend ranks 13th of 187 countries.
Late-demographic dividend has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Australia | Late-demographic dividend | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 17.84 billion current US$ | 182.05 billion current US$ | 164.21 billion current US$ | Late-demographic dividend |
| 1970s | 61.98 billion current US$ | 518.75 billion current US$ | 456.77 billion current US$ | Late-demographic dividend |
| 1980s | 147.28 billion current US$ | 1.11 trillion current US$ | 964.46 billion current US$ | Late-demographic dividend |
| 1990s | 272.32 billion current US$ | 1.93 trillion current US$ | 1.66 trillion current US$ | Late-demographic dividend |
| 2000s | 490.66 billion current US$ | 4.30 trillion current US$ | 3.81 trillion current US$ | Late-demographic dividend |
| 2010s | 1.03 trillion current US$ | 11.90 trillion current US$ | 10.86 trillion current US$ | Late-demographic dividend |
| 2020s | 1.18 trillion current US$ | 16.84 trillion current US$ | 15.66 trillion current US$ | Late-demographic dividend |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Australia or Late-demographic dividend?
- Late-demographic dividend, at 18.70 trillion current US$ against 1.35 trillion current US$ in Australia as of 2024.
- What is the difference in final consumption expenditure between Australia and Late-demographic dividend?
- 17.35 trillion current US$, with Late-demographic dividend ahead.
- How many years of comparable data are there for Australia and Late-demographic dividend?
- 65 years are reported by both, from 1960 to 2024.
- How do Australia and Late-demographic dividend rank globally for final consumption expenditure?
- Australia ranks 14th and Late-demographic dividend ranks 13th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Final consumption expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.