Australia Private Consumption: % of GDP

Key information about Australia Private Consumption: % of GDP

• Australia Private Consumption accounted for 51.6 % of its Nominal GDP in Dec 2024, compared with a ratio of 51.8 % in the previous quarter.
• Australia Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Sep 1959 to Dec 2024, with an average share of 56.1 %.
• The data reached an all-time high of 61.7 % in Mar 1983 and a record low of 48.1 % in Sep 2021.

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.


Related information about Australia Private Consumption: % of GDP

• In the latest reports, Australia GDP expanded 2.3 % YoY in Mar 2023.
• Its Nominal GDP reached 440.1 USD bn in Mar 2023.
• Australia GDP Per Capita reached 65,005.8 USD in Jun 2022.
• Its Gross Savings Rate was measured at 29.3 % in Mar 2023.

View Australia's Private Consumption: % of GDP from Sep 1959 to Dec 2024 in the chart:

What was Australia's Private Consumption: % of GDP in Dec 2024?

Australia Private Consumption accounted for 51.6 % of its Nominal GDP in Dec 2024, compared with a ratio of 51.8 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
51.6 Dec 2024	51.8 Sep 2024	48.1 Sep 2021	61.7 Mar 1983	%	quarterly	Sep 1959 - Dec 2024

Private Consumption: % of GDP by Country Comparison

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