Annual growth of households and NPISHs final consumption expenditure in Australia
Australia: Annual growth of households and NPISHs final consumption expenditure was 1.0% in 2024. ◆ Volatile
Latest (2024)
1.0%
Change on year
down 84.2%
World rank
142nd
of 185 countries
All-time high
6.6%
in 2023
All-time low
-3.3%
in 2020
Years of data
25
2000–2024
Annual growth of households and NPISHs final consumption expenditure in Australia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of households and npishs final consumption expenditure in Australia stood at 1.0%.
Compared with earlier readings it is down 84.2% on the previous year and down 54.9% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Australia peaked at 6.6% in 2023 and was at its lowest, -3.3%, in 2020.
That places Australia 142nd out of 185 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.2% | — |
| 2001 | 3.3% | -20.8% |
| 2002 | 2.9% | -12.0% |
| 2003 | 4.3% | +46.4% |
| 2004 | 5.3% | +23.8% |
| 2005 | 4.5% | -14.4% |
| 2006 | 3.3% | -27.0% |
| 2007 | 5.3% | +60.1% |
| 2008 | 4.9% | -8.3% |
| 2009 | 0.4% | -91.4% |
| 2010 | 3.5% | +728.8% |
| 2011 | 4.0% | +15.4% |
| 2012 | 3.0% | -26.6% |
| 2013 | 2.0% | -31.6% |
| 2014 | 2.3% | +13.8% |
| 2015 | 2.6% | +13.0% |
| 2016 | 2.7% | +2.7% |
| 2017 | 2.5% | -7.4% |
| 2018 | 2.8% | +14.1% |
| 2019 | 1.7% | -40.0% |
| 2020 | -3.3% | -293.2% |
| 2021 | 0.7% | -122.0% |
| 2022 | 4.3% | +497.0% |
| 2023 | 6.6% | +53.0% |
| 2024 | 1.0% | -84.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.8% | 0.4% | 5.3% | 10 |
| 2010s | 2.7% | 1.7% | 4.0% | 10 |
| 2020s | 1.9% | -3.3% | 6.6% | 5 |
Countries ranked near Australia
- 140 Chile 1.0% compare
- 141 Denmark 1.0% compare
- 142 Australia and New Zealand 1.0% compare
- 144 South Africa 1.0% compare
- 145 Uganda 0.8% compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Australia?
- Annual growth of households and npishs final consumption expenditure in Australia was 1.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Australia?
- The highest recorded value was 6.6% in 2023.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Australia?
- The lowest recorded value was -3.3% in 2020.
- How does Australia rank for annual growth of households and npishs final consumption expenditure?
- Australia ranks 142nd out of 185 countries with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Australia?
- Over the last ten years it is down 54.9%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
Download this data
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