Annual growth of the general government final consumption expenditure in Oceania
Oceania: Annual growth of the general government final consumption expenditure was 3.6% in 2024. ▲ Rising
Annual growth of the general government final consumption expenditure in Oceania, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of the general government final consumption expenditure in Oceania is 3.6%, measured in 2024.
That represents a change of up 102.2% on the previous year and up 96.8% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Oceania peaked at 7.3% in 2020 and was at its lowest, 0.8%, in 2013.
That places Oceania 6th out of 32 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Annual growth of the general government final consumption expenditure in Oceania, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.0% | — |
| 2001 | 2.1% | -29.3% |
| 2002 | 3.1% | +47.8% |
| 2003 | 3.0% | -2.3% |
| 2004 | 4.5% | +48.8% |
| 2005 | 3.5% | -23.2% |
| 2006 | 3.1% | -11.1% |
| 2007 | 3.3% | +5.6% |
| 2008 | 3.2% | -3.4% |
| 2009 | 3.6% | +13.6% |
| 2010 | 1.7% | -52.6% |
| 2011 | 2.9% | +71.3% |
| 2012 | 3.3% | +14.1% |
| 2013 | 0.8% | -77.4% |
| 2014 | 1.8% | +140.7% |
| 2015 | 2.2% | +21.0% |
| 2016 | 4.5% | +103.9% |
| 2017 | 4.8% | +6.7% |
| 2018 | 3.5% | -25.8% |
| 2019 | 5.1% | +44.5% |
| 2020 | 7.3% | +42.6% |
| 2021 | 6.7% | -8.1% |
| 2022 | 6.3% | -5.2% |
| 2023 | 1.8% | -72.2% |
| 2024 | 3.6% | +102.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.2% | 2.1% | 4.5% | 10 |
| 2010s | 3.1% | 0.8% | 5.1% | 10 |
| 2020s | 5.1% | 1.8% | 7.3% | 5 |
Countries ranked near Oceania
More economy & growth data for Oceania
- Gross Domestic Product — Value US$ per capita, 2015 prices 39,068 USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.3 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.09 % (2024)
- Gross Domestic Product — Annual growth US$ 3.27 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.79 million million USD (2024)
- Gross Domestic Product — Value US$ 2.16 million million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.32 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.38 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.1357 % (2024)
- Gross Domestic Product — Value US$ per capita 47,045 USD (2024)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Oceania?
- Annual growth of the general government final consumption expenditure in Oceania was 3.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Oceania?
- The highest recorded value was 7.3% in 2020.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Oceania?
- The lowest recorded value was 0.8% in 2013.
- How does Oceania rank for annual growth of the general government final consumption expenditure?
- Oceania ranks 6th out of 32 groups with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Oceania?
- Over the last ten years it is up 96.8%. The long-run trend across the full record is rising.
- 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 the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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