NAAG Chapter 3A: Components of aggregate demand — Final consumption in Australia
Australia: NAAG Chapter 3A: Components of aggregate demand — Final consumption was 0.5663 Percentage points in 2024. ◆ Volatile
NAAG Chapter 3A: Components of aggregate demand — Final consumption in Australia, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage points.
Analysis
Australia recorded 0.5663 Percentage points for naag chapter 3a: components of aggregate demand — final consumption in 2024.
That represents a change of up 8.1% on the previous year and down 60.4% over ten years.
Over the whole period, naag chapter 3a: components of aggregate demand — final consumption in Australia peaked at 3.42 Percentage points in 1973 and was at its lowest, -1.78 Percentage points, in 2019.
Australia ranks 28th of 34 countries on this measure, in the bottom quarter.
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
| Year | Percentage points | Change |
|---|---|---|
| 1970 | 2.1 Percentage points | — |
| 1971 | 1.96 Percentage points | -6.8% |
| 1972 | 2.56 Percentage points | +30.8% |
| 1973 | 3.42 Percentage points | +33.5% |
| 1974 | 2.59 Percentage points | -24.2% |
| 1975 | 0.4328 Percentage points | -83.3% |
| 1976 | 2.96 Percentage points | +583.3% |
| 1977 | 1.11 Percentage points | -62.3% |
| 1978 | 0.8757 Percentage points | -21.4% |
| 1979 | 1.02 Percentage points | +16.1% |
| 1980 | 1.83 Percentage points | +79.8% |
| 1981 | 3.12 Percentage points | +70.9% |
| 1982 | 1.34 Percentage points | -57.0% |
| 1983 | 0.6037 Percentage points | -55.0% |
| 1984 | 0.235 Percentage points | -61.1% |
| 1985 | 2.72 Percentage points | +1059.5% |
| 1986 | 1.13 Percentage points | -58.6% |
| 1987 | 1.81 Percentage points | +60.7% |
| 1988 | 2.55 Percentage points | +40.7% |
| 1989 | 2.34 Percentage points | -8.4% |
| 1990 | 0.5388 Percentage points | -77.0% |
| 1991 | 1.35 Percentage points | +149.9% |
| 1992 | 1.11 Percentage points | -17.3% |
| 1993 | 1.25 Percentage points | +12.1% |
| 1994 | 2.53 Percentage points | +102.4% |
| 1995 | 1.94 Percentage points | -23.2% |
| 1996 | 1.64 Percentage points | -15.5% |
| 1997 | 2.91 Percentage points | +77.1% |
| 1998 | 3.17 Percentage points | +9.2% |
| 1999 | 2.42 Percentage points | -23.8% |
| 2000 | 1.91 Percentage points | -21.0% |
| 2001 | 1.7 Percentage points | -11.1% |
| 2002 | 2.45 Percentage points | +44.5% |
| 2003 | 3.06 Percentage points | +24.9% |
| 2004 | 2.6 Percentage points | -15.0% |
| 2005 | 1.89 Percentage points | -27.5% |
| 2006 | 2.98 Percentage points | +57.8% |
| 2007 | 2.73 Percentage points | -8.4% |
| 2008 | 0.2352 Percentage points | -91.4% |
| 2009 | 1.88 Percentage points | +701.0% |
| 2010 | 2.23 Percentage points | +18.3% |
| 2011 | 1.59 Percentage points | -28.5% |
| 2012 | 1.08 Percentage points | -31.9% |
| 2013 | 1.26 Percentage points | +16.1% |
| 2014 | 1.43 Percentage points | +13.5% |
| 2015 | 1.5 Percentage points | +5.1% |
| 2016 | 1.41 Percentage points | -5.9% |
| 2017 | 1.57 Percentage points | +11.3% |
| 2018 | 0.9395 Percentage points | -40.3% |
| 2019 | -1.78 Percentage points | -289.2% |
| 2020 | 0.378 Percentage points | -121.3% |
| 2021 | 2.19 Percentage points | +479.8% |
| 2022 | 3.23 Percentage points | +47.3% |
| 2023 | 0.5238 Percentage points | -83.8% |
| 2024 | 0.5663 Percentage points | +8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.9 Percentage points | 0.4328 Percentage points | 3.42 Percentage points | 10 |
| 1980s | 1.77 Percentage points | 0.235 Percentage points | 3.12 Percentage points | 10 |
| 1990s | 1.89 Percentage points | 0.5388 Percentage points | 3.17 Percentage points | 10 |
| 2000s | 2.14 Percentage points | 0.2352 Percentage points | 3.06 Percentage points | 10 |
| 2010s | 1.12 Percentage points | -1.78 Percentage points | 2.23 Percentage points | 10 |
| 2020s | 1.38 Percentage points | 0.378 Percentage points | 3.23 Percentage points | 5 |
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 3.62 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.45 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 94,238 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.25 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8814 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 57,404 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.25 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.41 constant LCU per US$ of GDP (2025)
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 0.5663 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 3.42 Percentage points in 1973.
- What is the lowest naag chapter 3a: components of aggregate demand — final consumption recorded in Australia?
- The lowest recorded value was -1.78 Percentage points in 2019.
- How does Australia rank for naag chapter 3a: components of aggregate demand — final consumption?
- Australia ranks 28th 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 down 60.4%. 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 households and NPISH contribution to GDP growth. Statizoid updates them automatically from the source API.
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About this data
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.