Share of household consumption in GDP vs. GDP per capita in Australia
Australia: Share of household consumption in GDP vs. GDP per capita was 50.0% in 2023. ▼ Falling
Latest (2023)
50.0%
Change on year
up 1.5%
World rank
146th
of 184 countries
All-time high
65.6%
in 1951
All-time low
48.1%
in 2021
Years of data
74
1950–2023
Share of household consumption in GDP vs. GDP per capita in Australia, 1950–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for share of household consumption in gdp vs. gdp per capita in Australia is 50.0%, measured in 2023.
That represents a change of up 1.5% on the previous year and down 8.5% over ten years.
Over the whole period, share of household consumption in gdp vs. gdp per capita in Australia peaked at 65.6% in 1951 and was at its lowest, 48.1%, in 2021.
That places Australia 146th out of 184 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 74 years of available data.
Share of household consumption in GDP vs. GDP per capita in Australia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1950 | 62.8% | — |
| 1951 | 65.6% | +4.4% |
| 1952 | 61.4% | -6.3% |
| 1953 | 61.1% | -0.4% |
| 1954 | 62.0% | +1.4% |
| 1955 | 60.5% | -2.4% |
| 1956 | 59.3% | -1.9% |
| 1957 | 61.3% | +3.3% |
| 1958 | 58.3% | -4.8% |
| 1959 | 59.6% | +2.2% |
| 1960 | 60.9% | +2.2% |
| 1961 | 60.5% | -0.8% |
| 1962 | 60.6% | +0.2% |
| 1963 | 60.6% | -0.0% |
| 1964 | 60.5% | -0.1% |
| 1965 | 61.4% | +1.5% |
| 1966 | 59.9% | -2.4% |
| 1967 | 60.0% | +0.2% |
| 1968 | 58.7% | -2.2% |
| 1969 | 57.6% | -1.9% |
| 1970 | 57.3% | -0.6% |
| 1971 | 56.6% | -1.2% |
| 1972 | 56.9% | +0.6% |
| 1973 | 57.3% | +0.6% |
| 1974 | 61.8% | +7.9% |
| 1975 | 60.7% | -1.8% |
| 1976 | 61.2% | +0.9% |
| 1977 | 61.8% | +0.8% |
| 1978 | 59.9% | -2.9% |
| 1979 | 59.0% | -1.5% |
| 1980 | 59.4% | +0.7% |
| 1981 | 60.1% | +1.1% |
| 1982 | 63.0% | +4.8% |
| 1983 | 60.4% | -4.1% |
| 1984 | 58.6% | -3.0% |
| 1985 | 59.2% | +1.2% |
| 1986 | 59.4% | +0.3% |
| 1987 | 56.7% | -4.5% |
| 1988 | 56.3% | -0.8% |
| 1989 | 56.7% | +0.8% |
| 1990 | 59.0% | +4.0% |
| 1991 | 61.1% | +3.5% |
| 1992 | 58.4% | -4.5% |
| 1993 | 58.6% | +0.4% |
| 1994 | 58.7% | +0.1% |
| 1995 | 58.3% | -0.6% |
| 1996 | 57.7% | -1.1% |
| 1997 | 57.6% | -0.1% |
| 1998 | 58.6% | +1.7% |
| 1999 | 58.5% | -0.2% |
| 2000 | 58.0% | -0.9% |
| 2001 | 57.6% | -0.7% |
| 2002 | 57.7% | +0.2% |
| 2003 | 57.0% | -1.2% |
| 2004 | 56.3% | -1.2% |
| 2005 | 54.6% | -3.1% |
| 2006 | 55.3% | +1.3% |
| 2007 | 55.8% | +1.0% |
| 2008 | 53.0% | -5.1% |
| 2009 | 55.0% | +3.7% |
| 2010 | 53.9% | -2.1% |
| 2011 | 53.5% | -0.6% |
| 2012 | 55.5% | +3.7% |
| 2013 | 54.7% | -1.3% |
| 2014 | 55.3% | +1.0% |
| 2015 | 57.5% | +4.1% |
| 2016 | 55.8% | -3.0% |
| 2017 | 54.3% | -2.7% |
| 2018 | 51.8% | -4.4% |
| 2019 | 49.1% | -5.3% |
| 2020 | 49.4% | +0.5% |
| 2021 | 48.1% | -2.6% |
| 2022 | 49.3% | +2.5% |
| 2023 | 50.0% | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 61.2% | 58.3% | 65.6% | 10 |
| 1960s | 60.1% | 57.6% | 61.4% | 10 |
| 1970s | 59.3% | 56.6% | 61.8% | 10 |
| 1980s | 59.0% | 56.3% | 63.0% | 10 |
| 1990s | 58.7% | 57.6% | 61.1% | 10 |
| 2000s | 56.0% | 53.0% | 58.0% | 10 |
| 2010s | 54.1% | 49.1% | 57.5% | 10 |
| 2020s | 49.2% | 48.1% | 50.0% | 4 |
Countries ranked near Australia
- 143 Indonesia 50.8% compare
- 144 Kazakhstan 50.5% compare
- 145 Djibouti 50.2% compare
- 147 Austria 50.0% compare
- 148 Taiwan, China 49.4% compare
- 149 Russian Federation 49.4% compare
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)
- Households and NPISHs Final consumption expenditure (current LCU) 4.54 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.8012 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 52,183 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1.1 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5164 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 33,634 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 4.34 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.75 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is share of household consumption in gdp vs. gdp per capita in Australia?
- Share of household consumption in gdp vs. gdp per capita in Australia was 50.0% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest share of household consumption in gdp vs. gdp per capita recorded in Australia?
- The highest recorded value was 65.6% in 1951.
- What is the lowest share of household consumption in gdp vs. gdp per capita recorded in Australia?
- The lowest recorded value was 48.1% in 2021.
- How does Australia rank for share of household consumption in gdp vs. gdp per capita?
- Australia ranks 146th out of 184 countries with data for 2023.
- Is share of household consumption in gdp vs. gdp per capita rising or falling in Australia?
- Over the last ten years it is down 8.5%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of household consumption in GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Household consumption divided by gross domestic product, expressed as a percentage.