Australia vs Latin America & the Caribbean (IDA & IBRD countries): General government final consumption expenditure (constant 2015 US$)
General government final consumption expenditure (constant 2015 US$) over time
- Australia
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Australia currently reports 0.2329 constant 2015 US$ per US$ of GDP against 0.136 constant 2015 US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.0969 constant 2015 US$ per US$ of GDP.
That makes Australia's figure about 1.7 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 2 times across 66 shared years of data; in 1960 it was Australia ahead.
Australia ranks 16th and Latin America & the Caribbean (IDA & IBRD countries) ranks 18th of 168 countries.
Australia has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Australia | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1.61 constant 2015 US$ per US$ of GDP | 1.18 constant 2015 US$ per US$ of GDP | 0.4297 constant 2015 US$ per US$ of GDP | Australia |
| 1970s | 0.9135 constant 2015 US$ per US$ of GDP | 0.7645 constant 2015 US$ per US$ of GDP | 0.1491 constant 2015 US$ per US$ of GDP | Australia |
| 1980s | 0.5257 constant 2015 US$ per US$ of GDP | 0.3882 constant 2015 US$ per US$ of GDP | 0.1375 constant 2015 US$ per US$ of GDP | Australia |
| 1990s | 0.399 constant 2015 US$ per US$ of GDP | 0.2924 constant 2015 US$ per US$ of GDP | 0.1067 constant 2015 US$ per US$ of GDP | Australia |
| 2000s | 0.3299 constant 2015 US$ per US$ of GDP | 0.2261 constant 2015 US$ per US$ of GDP | 0.1038 constant 2015 US$ per US$ of GDP | Australia |
| 2010s | 0.1918 constant 2015 US$ per US$ of GDP | 0.148 constant 2015 US$ per US$ of GDP | 0.0438 constant 2015 US$ per US$ of GDP | Australia |
| 2020s | 0.2305 constant 2015 US$ per US$ of GDP | 0.1553 constant 2015 US$ per US$ of GDP | 0.0753 constant 2015 US$ per US$ of GDP | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure (constant 2015 us$), Australia or Latin America & the Caribbean (IDA & IBRD countries)?
- Australia, at 0.2329 constant 2015 US$ per US$ of GDP against 0.136 constant 2015 US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in general government final consumption expenditure (constant 2015 us$) between Australia and Latin America & the Caribbean (IDA & IBRD countries)?
- 0.0969 constant 2015 US$ per US$ of GDP, with Australia ahead.
- How many years of comparable data are there for Australia and Latin America & the Caribbean (IDA & IBRD countries)?
- 66 years are reported by both, from 1960 to 2025.
- How do Australia and Latin America & the Caribbean (IDA & IBRD countries) rank globally for general government final consumption expenditure (constant 2015 us$)?
- Australia ranks 16th and Latin America & the Caribbean (IDA & IBRD countries) ranks 18th of 168 countries.
- Where does this data come from?
- Statizoid (derived), published as General government final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General government final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.