Australia Household Final Consumption (% of GDP) (2024)
Australia's Household Final Consumption (% of GDP): 51.4 % of GDP in 2024, +0.9pp YoY. World Bank (NE.CON.PRVT.ZS), 1990–2024.
Australia (2024)
51.4
% of GDP
+0.9pp YoY
YoY Change
+0.9pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 51.4 | +0.9pp |
| 2023 | 50.5 | +1.5pp |
| 2022 | 49.1 | -1.9pp |
| 2021 | 51 | -1.5pp |
| 2020 | 52.5 | -1.8pp |
| 2019 | 54.3 | -1.2pp |
| 2018 | 55.5 | -0.3pp |
| 2017 | 55.7 | -1.4pp |
| 2016 | 57.2 | +0.9pp |
| 2015 | 56.2 | +1.2pp |
| 2014 | 55 | +0.2pp |
| 2013 | 54.8 | +1.1pp |
| 2012 | 53.7 | -0.3pp |
| 2011 | 54 | -1.5pp |
| 2010 | 55.5 | +1.4pp |
| 2009 | 54.1 | -1.9pp |
| 2008 | 55.9 | -0.1pp |
| 2007 | 56 | -0.1pp |
| 2006 | 56.1 | -0.8pp |
| 2005 | 56.9 | n/a |
About this Dataset
Australia recorded 51.4 % of GDP in 2024. The most recent year-on-year change was +0.9pp. The historical series (1990–2024) shows a peak of 58.5 in 1992 and a trough of 49.1 in 2022.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks australia household final consumption (% of gdp) in Australia, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 58.5 % of GDP in 1992 and reached its lowest recorded value of 49.1 in 2022. The latest reading of 51.4 in 2024 represents a year-on-year change of +0.9pp.