Australia vs Upper middle income: General government final consumption expenditure
General government final consumption expenditure over time
- Australia
- Upper middle income
How they compare
Upper middle income currently reports 5.09 trillion current US$ against 416.33 billion current US$ in Australia, a difference of 4.68 trillion current US$.
That makes Upper middle income's figure about 12.2 times Australia's.
Across all 65 years both countries report, Upper middle income has been ahead every year.
Australia ranks 12th and Upper middle income ranks 11th of 186 countries.
Upper middle income has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Australia | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 3.16 billion current US$ | 26.22 billion current US$ | 23.06 billion current US$ | Upper middle income |
| 1970s | 14.03 billion current US$ | 95.81 billion current US$ | 81.78 billion current US$ | Upper middle income |
| 1980s | 36.41 billion current US$ | 230.17 billion current US$ | 193.76 billion current US$ | Upper middle income |
| 1990s | 66.91 billion current US$ | 467.11 billion current US$ | 400.20 billion current US$ | Upper middle income |
| 2000s | 120.13 billion current US$ | 1.07 trillion current US$ | 951.70 billion current US$ | Upper middle income |
| 2010s | 267.73 billion current US$ | 3.26 trillion current US$ | 2.99 trillion current US$ | Upper middle income |
| 2020s | 354.17 billion current US$ | 4.68 trillion current US$ | 4.32 trillion current US$ | Upper middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Australia or Upper middle income?
- Upper middle income, at 5.09 trillion current US$ against 416.33 billion current US$ in Australia as of 2024.
- What is the difference in general government final consumption expenditure between Australia and Upper middle income?
- 4.68 trillion current US$, with Upper middle income ahead.
- How many years of comparable data are there for Australia and Upper middle income?
- 65 years are reported by both, from 1960 to 2024.
- How do Australia and Upper middle income rank globally for general government final consumption expenditure?
- Australia ranks 12th and Upper middle income ranks 11th of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current US$). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.