Australia: Household consumption
* indicates monthly or quarterly data series
The most recent value is 342.93 billion Australian Dollar as of Q2 2024, an increase compared to the previous value of 329.98 billion Australian Dollar. Historically, the average for Australia from Q1 1960 to Q2 2024 is 95.49 billion Australian Dollar. The minimum of 2.33 billion Australian Dollar was recorded in Q1 1960, while the maximum of 350.57 billion Australian Dollar was reached in Q4 2023.
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* indicates monthly or quarterly data series
- Measure: billion Australian Dollar
- Source: Australian Bureau of Statistics
| Recent values | Australia: Household consumption, billion currency units |
|---|---|
| 2024 Q2 | 342.93 |
| 2024 Q1 | 329.98 |
| 2023 Q4 | 350.57 |
| 2023 Q3 | 334.39 |
| 2023 Q2 | 325.96 |
| 2023 Q1 | 311.7 |
| 2022 Q4 | 332.87 |
| 2022 Q3 | 311.51 |
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Definition: The market value of all goods and services, including durable products, purchased by households.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Capital investment, percent of GDP | 23.57 | 2022 | percent |
| Capital investment, in dollars | 405.44 | 2023 | billion U.S. dollars |
| Household consumption, percent of GDP | 49.65 | 2023 | percent |
| Household consumption, in dollars | 855.82 | 2023 | billion U.S. dollars |
| Household consumption | 334.39 | Q3/2023 | billion |
| Consumption as percent of GDP | 51.13 | Q3/2023 | percent |
| Consumption growth | 7.34 | Q3/2023 | percent |
| Investment | 156.64 | Q3/2023 | billion |
| Investment as percent of GDP | 23.95 | Q3/2023 | percent |
| Investment growth | 11.43 | Q3/2023 | percent |