Australia Private Consumption: % of GDP
Australia Private Consumption accounted for 53.1 % of its Nominal GDP in Sep 2020, compared with a ratio of 50.3 % in the previous quarter. Australia Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Sep 1959 to Sep 2020, with an average share of 56.8 %. The data reached an all-time high of 61.8 % in Mar 1983 and a record low of 50.3 % in Jun 2020. CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The Australian Bureau of Statistics provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.
In the latest reports, Australia GDP contracted 6.3 % YoY in Jun 2020. Australia Nominal GDP reached 307.6 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) increased 0.4 % in Jun 2020. Australia GDP Per Capita reached 52,158.4 USD in Jun 2020. Its Gross Savings Rate was measured at 25.4 % in Sep 2020.
View Australia's Private Consumption: % of GDP from Sep 1959 to Sep 2020 in the chart:
What was Australia's Private Consumption: % of GDP in Sep 2020?
|53.1 Sep 2020||50.3 Jun 2020||50.3 Jun 2020||61.8 Mar 1983||%||quarterly||Sep 1959 - Sep 2020|
Private Consumption: % of GDP by Country Comparison
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|Albania (%)||79.7 Sep 2020||quarterly||Mar 2008 - Sep 2020|
|Algeria (%)||43.5 2019||yearly||1950 - 2019|
|Argentina (%)||61.8 Sep 2020||quarterly||Mar 1993 - Sep 2020|
|Armenia (%)||76.7 Sep 2020||quarterly||Dec 1994 - Sep 2020|
|Australia (%)||53.1 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Austria (%)||52.3 Sep 2020||quarterly||Mar 1988 - Sep 2020|
|Azerbaijan (%)||61.9 Mar 2020||quarterly||Mar 2001 - Mar 2020|
|Bahrain (%)||39.6 2018||yearly||1975 - 2018|
|Bangladesh (%)||68.5 2020||yearly||1960 - 2020|
|Belarus (%)||50.0 Sep 2020||quarterly||Mar 1994 - Sep 2020|
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Australia Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||-7.2 Jun 2020||quarterly||Jun 2003 - Jun 2020|
|Consolidated Fiscal Balance (USD mn)||-63,966.960 Jun 2020||quarterly||Sep 2002 - Jun 2020|
|Tax Revenue (USD mn)||90,927.832 Sep 2020||quarterly||Sep 2002 - Sep 2020|
|Tax Revenue: % of GDP (%)||30.1 Jun 2020||quarterly||Sep 2002 - Jun 2020|
|National Government Debt (USD mn)||474,369.8 2019||yearly||1999 - 2019|
|Government Debt: % of GDP (%)||34.7 2019||yearly||1999 - 2019|
|Forecast: Government Expenditure (AUD bn)||880.783 2025||yearly||1988 - 2025|
|Forecast: Government Net Debt (AUD bn)||1,693.021 2025||yearly||1989 - 2025|
|Forecast: Government Revenue (AUD bn)||833.535 2025||yearly||1988 - 2025|
|DOT Forecast: Budget Aggregates: Revenue (AUD bn)||538.100 2024||yearly||1997 - 2024|
|DOT Forecast: Budget Aggregates: Expenses (AUD bn)||596.600 2024||yearly||1997 - 2024|
|AU: General Government: Financial Liabilities (AUD mn)||2,035,045.000 Sep 2020||quarterly||Jun 1999 - Sep 2020|
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