🇦🇺 Australia Gross national expenditure
Australia Gross national expenditure was $1.72T in 2024, up 3.7% from 2023, according to World Bank data. The 10-year average is $1.45T. Historical data available from 1960 to 2024 (65 data points). The all-time high was $1.72T in 2024.
Source: World Bank World Development Indicators • 1960–2024 • 65 data points • Economy & Growth
Latest Value
$1.72T
2024
Year-on-Year
+3.7%
vs 2023
10-Year Average
$1.45T
2015–2024
Range
High: $1.72T (2024)
Low: $18.69B (1960)
Australia Gross national expenditure (current US$) — 1960 to 2024
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About this Indicator
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Historical Data Table
| Year | Value |
|---|---|
| 2024 | $1.72T |
| 2023 | $1.66T |
| 2022 | $1.61T |
| 2021 | $1.50T |
| 2020 | $1.29T |
| 2019 | $1.37T |
| 2018 | $1.43T |
| 2017 | $1.33T |
| 2016 | $1.24T |
| 2015 | $1.38T |
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<iframe src="https://nationstat.com/country/australia/gross-national-expenditure-current-us" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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$3.87B2024
🇦🇫Afghanistan
$23.08B2023
🇦🇴Angola
$88.75B2024
🇦🇱Albania
$28.91B2024
🇦🇪United Arab Emirates
$437.58B2023
🇦🇷Argentina
$622.02B2024
🇦🇲Armenia
$26.69B2024
🇦🇺Australia
$1.72T2024
🇦🇹Austria
$520.41B2024
🇦🇿Azerbaijan
$67.54B2024
🇧🇪Belgium
$673.96B2024
🇧🇯Benin
$22.12B2024
🇧🇫Burkina Faso
$23.91B2024
🇧🇩Bangladesh
$480.47B2024
🇧🇬Bulgaria
$110.49B2024
🇧🇭Bahrain
$38.85B2024
🇧🇸Bahamas, The
$16.47B2024
🇧🇦Bosnia and Herzegovina
$34.45B2024
🇧🇾Belarus
$77.21B2024
🇧🇿Belize
$3.20B2024
🇧🇲Bermuda
$6.07B2024
🇧🇴Bolivia
$57.14B2024
🇧🇷Brazil
$2.18T2024
🇧🇳Brunei Darussalam
$12.17B2024
🇧🇹Bhutan
$3.76B2023
🇧🇼Botswana
$22.00B2024
🇨🇫Central African Republic
$3.59B2024
🇨🇦Canada
$2.25T2024
🇨🇭Switzerland
$840.82B2024
🇨🇱Chile
$318.42B2024
🇨🇳China
$18.21T2024
🇨🇮Cote d'Ivoire
$86.42B2024
🇨🇲Cameroon
$54.93B2024
🇨🇩Congo, Dem. Rep.
$73.12B2024
🇨🇬Congo, Rep.
$13.78B2024
🇨🇴Colombia
$439.03B2024
🇰🇲Comoros
$1.79B2024
🇨🇻Cabo Verde
$3.04B2024
🇨🇷Costa Rica
$89.88B2024
🇨🇺Cuba
$106.65B2020
🇨🇼Curacao
$3.92B2018
🇨🇾Cyprus
$36.27B2024
🇨🇿Czechia
$325.34B2024
🇩🇪Germany
$4.51T2024
🇩🇯Djibouti
$3.67B2024
🇩🇰Denmark
$381.06B2024
🇩🇴Dominican Republic
$132.05B2024
🇩🇿Algeria
$270.48B2024
🇪🇨Ecuador
$120.49B2024
🇪🇬Egypt, Arab Rep.
$415.70B2024
🇪🇷Eritrea
$2.84B2011
🇪🇸Spain
$1.65T2024
🇪🇪Estonia
$42.70B2024
🇪🇹Ethiopia
$159.21B2024
🇫🇮Finland
$297.20B2024
🇫🇷France
$3.17T2024
🇫🇴Faroe Islands
$3.92B2024
🇫🇲Micronesia, Fed. Sts.
$191.70M1983
🇬🇦Gabon
$13.14B2024
🇬🇧United Kingdom
$3.72T2024
🇬🇪Georgia
$36.87B2024
🇬🇭Ghana
$81.35B2024
🇬🇳Guinea
$28.76B2024
🇬🇲Gambia, The
$3.02B2024
🇬🇼Guinea-Bissau
$2.55B2024
🇬🇶Equatorial Guinea
$11.52B2024
🇬🇷Greece
$270.47B2024
🇬🇱Greenland
$3.67B2023
🇬🇹Guatemala
$130.81B2024
🇬🇾Guyana
$1.09B2005
🇭🇰Hong Kong SAR, China
$390.28B2024
🇭🇳Honduras
$46.00B2024
🇭🇷Croatia
$97.29B2024
🇭🇹Haiti
$29.12B2024
🇭🇺Hungary
$213.20B2024
🇮🇩Indonesia
$1.32T2024
🇮🇳India
$4.08T2024
🇮🇪Ireland
$351.50B2024
🇮🇷Iran, Islamic Rep.
$489.03B2024
🇮🇶Iraq
$242.99B2024
🇮🇸Iceland
$33.61B2024
🇮🇱Israel
$527.00B2024
🇮🇹Italy
$2.33T2024
🇯🇴Jordan
$55.50B2021
🇯🇵Japan
$4.06T2024
🇰🇿Kazakhstan
$263.14B2024
🇰🇪Kenya
$127.03B2024
🇰🇬Kyrgyz Republic
$23.79B2024
🇰🇭Cambodia
$45.32B2024
🇰🇮Kiribati
$562.81M2023
🇰🇷Korea, Rep.
$1.80T2024
🇰🇼Kuwait
$133.33B2023
🇱🇦Lao PDR
$17.29B2016
🇱🇧Lebanon
$28.73B2023
🇱🇾Libya
$39.30B2024
🇱🇰Sri Lanka
$101.56B2024
🇱🇸Lesotho
$3.30B2023
🇱🇹Lithuania
$80.47B2024
🇱🇺Luxembourg
$63.62B2024
🇱🇻Latvia
$44.38B2024
🇲🇴Macao SAR, China
$28.54B2024
🇲🇦Morocco
$173.77B2024
🇲🇩Moldova
$22.90B2024
🇲🇬Madagascar
$18.89B2024
🇲🇻Maldives
$7.06B2024
🇲🇽Mexico
$1.96T2024
🇲🇭Marshall Islands
$413.62M2024
🇲🇰North Macedonia
$19.15B2024
🇲🇱Mali
$28.07B2024
🇲🇹Malta
$20.28B2024
🇲🇪Montenegro
$10.13B2024
🇲🇳Mongolia
$23.90B2024
🇲🇿Mozambique
$25.02B2024
🇲🇷Mauritania
$12.08B2024
🇲🇺Mauritius
$15.67B2024
🇲🇼Malawi
$15.86B2023
🇲🇾Malaysia
$399.77B2024
🇳🇦Namibia
$16.89B2024
🇳🇨New Caledonia
$9.58B2024
🇳🇪Niger
$18.95B2024
🇳🇮Nicaragua
$23.16B2024
🇳🇱Netherlands
$1.08T2024
🇳🇴Norway
$417.73B2024
🇳🇵Nepal
$53.29B2024
🇳🇿New Zealand
$265.54B2024
🇴🇲Oman
$88.61B2024
🇵🇰Pakistan
$396.83B2024
🇵🇦Panama
$82.16B2024
🇵🇪Peru
$273.03B2024
🇵🇭Philippines
$527.81B2024
🇵🇼Palau
$437.70M2023
🇵🇬Papua New Guinea
$3.41B2004
🇵🇱Poland
$881.05B2024
🇵🇷Puerto Rico (US)
$125.30B2024
🇵🇹Portugal
$307.48B2024
🇵🇾Paraguay
$45.54B2024
🌐West Bank and Gaza
$19.15B2024
🇵🇫French Polynesia
$8.07B2024
🇶🇦Qatar
$148.54B2022
🇷🇴Romania
$405.55B2024
🇷🇺Russian Federation
$2.05T2024
🇷🇼Rwanda
$15.37B2024
🇸🇦Saudi Arabia
$1.20T2024
🇸🇩Sudan
$49.95B2024
🇸🇳Senegal
$38.96B2024
🇸🇬Singapore
$351.88B2024
🇸🇧Solomon Islands
$2.02B2024
🇸🇱Sierra Leone
$7.39B2024
🇸🇻El Salvador
$42.13B2024
🇸🇲San Marino
$1.40B2023
🇸🇴Somalia, Fed. Rep.
$20.09B2024
🇷🇸Serbia
$94.20B2024
🇸🇸South Sudan
$11.07B2015
🇸🇷Suriname
$3.73B2010
🇸🇰Slovak Republic
$141.28B2024
🇸🇮Slovenia
$68.46B2024
🇸🇪Sweden
$587.20B2024
🇸🇿Eswatini
$4.86B2024
🇸🇨Seychelles
$2.56B2024
🇸🇾Syrian Arab Republic
$2.34B1969
🇹🇩Chad
$17.24B2024
🇹🇬Togo
$9.65B2022
🇹🇭Thailand
$507.98B2024
🇹🇯Tajikistan
$16.15B2023
🇹🇲Turkmenistan
$23.99B2012
🇹🇱Timor-Leste
$3.25B2024
🇹🇴Tonga
$891.67M2023
🇹🇳Tunisia
$54.56B2024
🇹🇷Turkiye
$1.35T2024
🇹🇿Tanzania
$80.30B2024
🇺🇬Uganda
$53.10B2024
🇺🇦Ukraine
$226.85B2024
🇺🇾Uruguay
$76.87B2024
🇺🇸United States
$30.11T2024
🇺🇿Uzbekistan
$132.44B2024
🇻🇪Venezuela, RB
$110.65B2024
🇻🇳Viet Nam
$444.54B2024
🇻🇺Vanuatu
$1.45B2022
🇼🇸Samoa
$1.43B2024
🌐Kosovo
$14.59B2024
🇾🇪Yemen, Rep.
$29.94B2018
🇿🇦South Africa
$392.72B2024
🇿🇲Zambia
$21.38B2024
🇿🇼Zimbabwe
$43.78B2024
Related Indicators
Adjusted net national income (current US$)
1174.1B
2021
Adjusted net national income (constant 2015 US$)
1060.1B
2015
Adjusted net savings, excluding particulate emission damage (current US$)
98.8B
2021
Adjusted net savings, including particulate emission damage (current US$)
98.5B
2021
Adjusted net national income per capita (current US$)
45.7K
2021