Annual growth of general government final consumption expenditure in Australia
Australia: Annual growth of general government final consumption expenditure was 1.72 in 2023. ▲ Rising
Latest (2023)
1.72
Change on year
down 75.0%
World rank
89th
of 167 countries
All-time high
7.38
in 2020
All-time low
0.57
in 2013
Years of data
24
2000–2023
Annual growth of general government final consumption expenditure in Australia, 2000–2023
Source: Our World in Data.
Analysis
Australia recorded 1.72 for annual growth of general government final consumption expenditure in 2023.
The figure is down 75.0% on the previous year and up 201.8% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Australia peaked at 7.38 in 2020 and was at its lowest, 0.57, in 2013.
That places Australia 89th out of 167 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Annual growth of general government final consumption expenditure in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.22 | — |
| 2001 | 1.88 | -41.6% |
| 2002 | 3.33 | +77.1% |
| 2003 | 2.77 | -16.8% |
| 2004 | 4.5 | +62.5% |
| 2005 | 3.05 | -32.2% |
| 2006 | 3.14 | +3.0% |
| 2007 | 3.08 | -1.9% |
| 2008 | 3.09 | +0.3% |
| 2009 | 4.14 | +34.0% |
| 2010 | 1.65 | -60.1% |
| 2011 | 3.12 | +89.1% |
| 2012 | 3.8 | +21.8% |
| 2013 | 0.57 | -85.0% |
| 2014 | 1.65 | +189.5% |
| 2015 | 2.2 | +33.3% |
| 2016 | 4.8 | +118.2% |
| 2017 | 4.9 | +2.1% |
| 2018 | 3.54 | -27.8% |
| 2019 | 5.02 | +41.8% |
| 2020 | 7.38 | +47.0% |
| 2021 | 6.57 | -11.0% |
| 2022 | 6.87 | +4.6% |
| 2023 | 1.72 | -75.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.22 | 1.88 | 4.5 | 10 |
| 2010s | 3.12 | 0.57 | 5.02 | 10 |
| 2020s | 5.63 | 1.72 | 7.38 | 4 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.0532 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 3,463 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0822 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 5,351 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.046 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 2,994 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 5,104 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -4.23 % change on previous year (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Australia?
- Annual growth of general government final consumption expenditure in Australia was 1.72 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Australia?
- The highest recorded value was 7.38 in 2020.
- What is the lowest annual growth of general government final consumption expenditure recorded in Australia?
- The lowest recorded value was 0.57 in 2013.
- How does Australia rank for annual growth of general government final consumption expenditure?
- Australia ranks 89th out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Australia?
- Over the last ten years it is up 201.8%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).