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AustraliaHousehold Consumption (% of GDP)

Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #136 of 179Updated July 2026
Latest Value
51.4%
2024
YoY Change
+1.8%
20232024
Global Rank
#136
of 179 countries
Maximum
58.1%
2001
Minimum
49.1%
2022
CAGR
-0.5%
25 years
Last
51.4%
Previous
50.5%
Highest
58.1%
Lowest
49.1%
Source
World Bank World Development Indicators

Australia's household consumption (% of GDP) was 51.4% in 2024, ranking #136 out of 179 countries. This represents a +1.8% change from 2023. Over the past 25 years, the highest recorded value was 58.1% (2001) and the lowest was 49.1% (2022). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
202451.4%+1.8%
202350.5%+3.0%
202249.1%-3.7%
202151.0%-2.9%
202052.5%-3.4%
201954.3%-2.1%
201855.5%-0.5%
201755.7%-2.5%
201657.2%+1.6%
201556.2%+2.3%
201455.0%+0.4%
201354.8%+2.0%
201253.7%-0.5%
201154.0%-2.6%
201055.5%+2.6%
200954.1%-3.4%
200855.9%-0.2%
200756.0%-0.1%
200656.1%-1.5%
200556.9%-0.8%
200457.4%-0.7%
200357.8%+0.9%
200257.3%-1.3%
200158.1%+1.1%
200057.4%

Top Countries — Household Consumption (% of GDP)

#CountryValueYear
1Somalia, Fed. Rep.133.3%2025
2Lebanon129.3%2024
3Syrian Arab Republic114.2%2022
4Afghanistan111.7%2024
5Kiribati103.8%2024
6Comoros101.4%2025
7Sao Tome and Principe101.0%2025
8Lesotho96.8%2025
9Tonga96.2%2024
10Haiti95.2%2025
View all 179 countries →

About This Indicator

Definition

This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).

Source: World Bank - World Development IndicatorsCoverage: 20002024View original source →