Annual growth of households and NPISHs final consumption expenditure in Oceania
Oceania: Annual growth of households and NPISHs final consumption expenditure was 1.1% in 2024. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Oceania, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of households and npishs final consumption expenditure in Oceania is 1.1%, measured in 2024.
That represents a change of down 84.0% on the previous year and down 56.3% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Oceania peaked at 6.6% in 2023 and was at its lowest, -2.9%, in 2020.
That places Oceania 30th out of 34 groups 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 Oceania, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.9% | — |
| 2001 | 3.2% | -15.8% |
| 2002 | 3.2% | -2.3% |
| 2003 | 4.4% | +40.2% |
| 2004 | 5.3% | +18.8% |
| 2005 | 4.5% | -14.5% |
| 2006 | 3.2% | -28.6% |
| 2007 | 5.1% | +57.6% |
| 2008 | 4.2% | -18.2% |
| 2009 | 0.5% | -87.2% |
| 2010 | 3.3% | +520.8% |
| 2011 | 3.9% | +18.0% |
| 2012 | 2.9% | -26.3% |
| 2013 | 2.2% | -22.4% |
| 2014 | 2.4% | +8.2% |
| 2015 | 2.8% | +15.5% |
| 2016 | 3.1% | +11.9% |
| 2017 | 2.8% | -11.5% |
| 2018 | 3.0% | +9.5% |
| 2019 | 1.8% | -41.0% |
| 2020 | -2.9% | -260.1% |
| 2021 | 1.4% | -150.5% |
| 2022 | 4.1% | +183.3% |
| 2023 | 6.6% | +61.3% |
| 2024 | 1.1% | -84.0% |
Biggest year-on-year movements
Years where Annual growth of households and NPISHs final consumption expenditure in Oceania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +520.8% | 0.5% | 3.3% |
| 2020 | -260.1% | 1.8% | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.8% | 0.5% | 5.3% | 10 |
| 2010s | 2.8% | 1.8% | 3.9% | 10 |
| 2020s | 2.1% | -2.9% | 6.6% | 5 |
Countries ranked near Oceania
More economy & growth data for Oceania
- Gross Domestic Product — Value US$ 2.16 million million USD (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 1.3 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 7.32 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 4.38 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.32 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.01 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 462,578 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 538,945 million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.3 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.09 % (2024)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Oceania?
- Annual growth of households and npishs final consumption expenditure in Oceania was 1.1% 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 Oceania?
- The highest recorded value was 6.6% in 2023.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Oceania?
- The lowest recorded value was -2.9% in 2020.
- How does Oceania rank for annual growth of households and npishs final consumption expenditure?
- Oceania ranks 30th out of 34 groups with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Oceania?
- Over the last ten years it is down 56.3%. The long-run trend across the full record is volatile.
- Where does this Oceania 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.
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