Economic Outlook No 118 — General government final consumption in Australia
Australia: Economic Outlook No 118 — General government final consumption was 729.75 billion in 2027. ◆ Volatile
Economic Outlook No 118 — General government final consumption in Australia, 1989–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2027, economic outlook no 118 — general government final consumption in Australia stood at 729.75 billion. That is the highest value across all 39 years on record.
Compared with earlier readings it is up 4.6% on the previous year and up 103.2% over ten years.
Over the whole period, economic outlook no 118 — general government final consumption in Australia peaked at 729.75 billion in 2027 and was at its lowest, 68.68 billion, in 1989.
Australia ranks 13th of 28 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 118 — General government final consumption in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1989 | 68.68 billion | — |
| 1990 | 75.21 billion | +9.5% |
| 1991 | 80.86 billion | +7.5% |
| 1992 | 83.65 billion | +3.5% |
| 1993 | 86.70 billion | +3.6% |
| 1994 | 89.76 billion | +3.5% |
| 1995 | 95.39 billion | +6.3% |
| 1996 | 101.22 billion | +6.1% |
| 1997 | 105.01 billion | +3.7% |
| 1998 | 111.31 billion | +6.0% |
| 1999 | 117.29 billion | +5.4% |
| 2000 | 127.97 billion | +9.1% |
| 2001 | 134.97 billion | +5.5% |
| 2002 | 142.50 billion | +5.6% |
| 2003 | 153.08 billion | +7.4% |
| 2004 | 164.11 billion | +7.2% |
| 2005 | 176.25 billion | +7.4% |
| 2006 | 190.71 billion | +8.2% |
| 2007 | 204.84 billion | +7.4% |
| 2008 | 223.43 billion | +9.1% |
| 2009 | 238.05 billion | +6.5% |
| 2010 | 254.42 billion | +6.9% |
| 2011 | 276.48 billion | +8.7% |
| 2012 | 286.57 billion | +3.7% |
| 2013 | 296.44 billion | +3.4% |
| 2014 | 303.86 billion | +2.5% |
| 2015 | 320.78 billion | +5.6% |
| 2016 | 341.17 billion | +6.4% |
| 2017 | 359.18 billion | +5.3% |
| 2018 | 381.42 billion | +6.2% |
| 2019 | 414.82 billion | +8.8% |
| 2020 | 452.78 billion | +9.2% |
| 2021 | 488.22 billion | +7.8% |
| 2022 | 532.51 billion | +9.1% |
| 2023 | 568.95 billion | +6.8% |
| 2024 | 621.20 billion | +9.2% |
| 2025 | 664.83 billion | +7.0% |
| 2026 | 697.42 billion | +4.9% |
| 2027 | 729.75 billion | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 68.68 billion | 68.68 billion | 68.68 billion | 1 |
| 1990s | 94.64 billion | 75.21 billion | 117.29 billion | 10 |
| 2000s | 175.59 billion | 127.97 billion | 238.05 billion | 10 |
| 2010s | 323.52 billion | 254.42 billion | 414.82 billion | 10 |
| 2020s | 594.45 billion | 452.78 billion | 729.75 billion | 8 |
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 economic outlook no 118 — general government final consumption in Australia?
- Economic outlook no 118 — general government final consumption in Australia was 729.75 billion in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 118 — general government final consumption recorded in Australia?
- The highest recorded value was 729.75 billion in 2027.
- What is the lowest economic outlook no 118 — general government final consumption recorded in Australia?
- The lowest recorded value was 68.68 billion in 1989.
- How does Australia rank for economic outlook no 118 — general government final consumption?
- Australia ranks 13th out of 28 countries with data for 2027.
- Is economic outlook no 118 — general government final consumption rising or falling in Australia?
- Over the last ten years it is up 103.2%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 118 — General government final consumption expenditure, nominal value, appropriation account. Statizoid updates them automatically from the source API.
Download this data
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 118 (Edition 2025/2) EO118 Database documentation EO118 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP