NAAG Chapter 3A: Components of aggregate demand — Final consumption in Australia

Australia: NAAG Chapter 3A: Components of aggregate demand — Final consumption was 1.07 Percentage points in 2024. ◆ Volatile

Latest (2024)
1.07 Percentage points
Change on year
up 41.4%
World rank
1st
of 34 countries
All-time high
1.62 Percentage points
in 1984
All-time low
0.1077 Percentage points
in 2012
Years of data
55
1970–2024

NAAG Chapter 3A: Components of aggregate demand — Final consumption in Australia, 1970–2024

00.511.5197019972024

Source: Organisation for Economic Co-operation and Development. Measured in Percentage points.

Analysis

Australia recorded 1.07 Percentage points for naag chapter 3a: components of aggregate demand — final consumption in 2024.

The figure is up 41.4% on the previous year and up 159.4% over ten years.

Over the whole period, naag chapter 3a: components of aggregate demand — final consumption in Australia peaked at 1.62 Percentage points in 1984 and was at its lowest, 0.1077 Percentage points, in 2012.

That places Australia 1st out of 34 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

NAAG Chapter 3A: Components of aggregate demand — Final consumption in Australia, year by year

Annual values for NAAG Chapter 3A: Components of aggregate demand — Final consumption expenditure of general government contribution to GDP growth in Australia, 1970 to 2024.
Year Percentage points Change
1970 0.6835 Percentage points
1971 0.595 Percentage points -12.9%
1972 0.4583 Percentage points -23.0%
1973 0.3681 Percentage points -19.7%
1974 1.28 Percentage points +248.3%
1975 1.38 Percentage points +7.6%
1976 0.1141 Percentage points -91.7%
1977 0.5195 Percentage points +355.1%
1978 0.5893 Percentage points +13.4%
1979 0.3914 Percentage points -33.6%
1980 0.7809 Percentage points +99.5%
1981 0.2673 Percentage points -65.8%
1982 0.4504 Percentage points +68.5%
1983 0.8681 Percentage points +92.7%
1984 1.62 Percentage points +86.2%
1985 0.8349 Percentage points -48.3%
1986 0.6573 Percentage points -21.3%
1987 0.7277 Percentage points +10.7%
1988 0.5425 Percentage points -25.5%
1989 0.4705 Percentage points -13.3%
1990 0.564 Percentage points +19.9%
1991 0.4743 Percentage points -15.9%
1992 0.4951 Percentage points +4.4%
1993 0.2104 Percentage points -57.5%
1994 0.8096 Percentage points +284.8%
1995 0.7863 Percentage points -2.9%
1996 0.3911 Percentage points -50.3%
1997 0.738 Percentage points +88.7%
1998 0.8897 Percentage points +20.5%
1999 0.6025 Percentage points -32.3%
2000 0.3476 Percentage points -42.3%
2001 0.6158 Percentage points +77.2%
2002 0.5078 Percentage points -17.5%
2003 0.8264 Percentage points +62.7%
2004 0.5579 Percentage points -32.5%
2005 0.5762 Percentage points +3.3%
2006 0.5627 Percentage points -2.3%
2007 0.5598 Percentage points -0.5%
2008 0.7478 Percentage points +33.6%
2009 0.3027 Percentage points -59.5%
2010 0.5859 Percentage points +93.5%
2011 0.7076 Percentage points +20.8%
2012 0.1077 Percentage points -84.8%
2013 0.3098 Percentage points +187.7%
2014 0.4121 Percentage points +33.0%
2015 0.9174 Percentage points +122.6%
2016 0.9754 Percentage points +6.3%
2017 0.7036 Percentage points -27.9%
2018 1 Percentage points +42.4%
2019 1.5 Percentage points +49.4%
2020 1.43 Percentage points -4.3%
2021 1.54 Percentage points +7.4%
2022 0.3878 Percentage points -74.8%
2023 0.7564 Percentage points +95.0%
2024 1.07 Percentage points +41.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.6381 Percentage points 0.1141 Percentage points 1.38 Percentage points 10
1980s 0.7216 Percentage points 0.2673 Percentage points 1.62 Percentage points 10
1990s 0.5961 Percentage points 0.2104 Percentage points 0.8897 Percentage points 10
2000s 0.5605 Percentage points 0.3027 Percentage points 0.8264 Percentage points 10
2010s 0.7218 Percentage points 0.1077 Percentage points 1.5 Percentage points 10
2020s 1.04 Percentage points 0.3878 Percentage points 1.54 Percentage points 5

Countries ranked near Australia

  1. 1 Latvia 1.52 Percentage points compare
  2. 2 Poland 1.09 Percentage points compare
  3. 2 India 0.8348 Percentage points compare
  4. 3 Estonia 0.5386 Percentage points compare
  5. 3 Luxembourg 0.7136 Percentage points compare
  6. 4 Canada 0.5247 Percentage points compare
  7. 4 Netherlands 0.5308 Percentage points compare

See the full ranking of 45 places →

More economy & growth data for Australia

All data for Australia →

Frequently asked questions

What is naag chapter 3a: components of aggregate demand — final consumption in Australia?
Naag chapter 3a: components of aggregate demand — final consumption in Australia was 1.07 Percentage points in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest naag chapter 3a: components of aggregate demand — final consumption recorded in Australia?
The highest recorded value was 1.62 Percentage points in 1984.
What is the lowest naag chapter 3a: components of aggregate demand — final consumption recorded in Australia?
The lowest recorded value was 0.1077 Percentage points in 2012.
How does Australia rank for naag chapter 3a: components of aggregate demand — final consumption?
Australia ranks 1st out of 34 countries with data for 2024.
Is naag chapter 3a: components of aggregate demand — final consumption rising or falling in Australia?
Over the last ten years it is up 159.4%. 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 NAAG Chapter 3A: Components of aggregate demand — Final consumption expenditure of general government contribution to GDP growth. Statizoid updates them automatically from the source API.

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NAAG Chapter 3A: Components of aggregate demand — Final consumption in Australia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 05 September 2026, from https://economy.statizoid.com/stat/naag-chapter-3a-components-of-aggregate-demand-final-consumption-expenditure-of-general/australia/

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About this data

Indicator
NAAG Chapter 3A: Components of aggregate demand — Final consumption expenditure of general government contribution to GDP growth
Unit
Percentage points
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
45 places, 1,785 data points, 1970–2025
Last refreshed

The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.