Australia vs East Asia & Pacific (IDA & IBRD countries): Gross national expenditure
Gross national expenditure over time
- Australia
- East Asia & Pacific (IDA & IBRD countries)
How they compare
East Asia & Pacific (IDA & IBRD countries) currently reports 21.65 trillion current US$ against 1.79 trillion current US$ in Australia, a difference of 19.86 trillion current US$.
That makes East Asia & Pacific (IDA & IBRD countries)'s figure about 12.1 times Australia's.
Across all 65 years both countries report, East Asia & Pacific (IDA & IBRD countries) has been ahead every year.
Australia ranks 14th and East Asia & Pacific (IDA & IBRD countries) ranks 15th of 186 countries.
East Asia & Pacific (IDA & IBRD countries) has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Australia | East Asia & Pacific (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 26.12 billion current US$ | 88.31 billion current US$ | 62.19 billion current US$ | East Asia & Pacific (IDA & IBRD countries) |
| 1970s | 86.09 billion current US$ | 223.61 billion current US$ | 137.52 billion current US$ | East Asia & Pacific (IDA & IBRD countries) |
| 1980s | 202.77 billion current US$ | 484.60 billion current US$ | 281.84 billion current US$ | East Asia & Pacific (IDA & IBRD countries) |
| 1990s | 362.49 billion current US$ | 1.15 trillion current US$ | 787.45 billion current US$ | East Asia & Pacific (IDA & IBRD countries) |
| 2000s | 667.72 billion current US$ | 3.32 trillion current US$ | 2.65 trillion current US$ | East Asia & Pacific (IDA & IBRD countries) |
| 2010s | 1.39 trillion current US$ | 12.79 trillion current US$ | 11.40 trillion current US$ | East Asia & Pacific (IDA & IBRD countries) |
| 2020s | 1.56 trillion current US$ | 20.40 trillion current US$ | 18.85 trillion current US$ | East Asia & Pacific (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national expenditure, Australia or East Asia & Pacific (IDA & IBRD countries)?
- East Asia & Pacific (IDA & IBRD countries), at 21.65 trillion current US$ against 1.79 trillion current US$ in Australia as of 2024.
- What is the difference in gross national expenditure between Australia and East Asia & Pacific (IDA & IBRD countries)?
- 19.86 trillion current US$, with East Asia & Pacific (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Australia and East Asia & Pacific (IDA & IBRD countries)?
- 65 years are reported by both, from 1960 to 2024.
- How do Australia and East Asia & Pacific (IDA & IBRD countries) rank globally for gross national expenditure?
- Australia ranks 14th and East Asia & Pacific (IDA & IBRD countries) ranks 15th of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross 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.