Australia Net Investment in Nonfinancial Assets: % of GDP data was reported at 0.001 % in 2016. This records a decrease from the previous number of 0.001 % for 2015. Australia Net Investment in Nonfinancial Assets: % of GDP data is updated yearly, averaging 0.359 % from Dec 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 1.252 % in 1987 and a record low of 0.000 % in 2001. Australia Net Investment in Nonfinancial Assets: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Government Revenue, Expenditure and Finance. Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Weighted average;

Key information about Australia Public Consumption: % of GDP

• Australia Public Consumption accounted for 20.4 % of its Nominal GDP in Dec 2022, compared with a share of 21.2 % in the previous quarter.
• Australia Public Consumption share of Nominal GDP ratio is updated quarterly, available from Sep 1959 to Dec 2022, with an average number of 18.1 %.
• The data reached an all-time high of 24.7 % in Jun 2020 and a record low of 10.1 % in Dec 1963.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The Australian Bureau of Statistics provides Government Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Australia Public Consumption: % of GDP

• In the latest reports, Australia GDP expanded 2.7 % YoY in Dec 2022.
• Australia Nominal GDP reached 414.7 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 9.1 % in Dec 2022.
• Australia GDP Per Capita reached 65,005.8 USD in Jun 2022.
• Its Gross Savings Rate was measured at 29.6 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 23.7 % in Dec 2022.
• Private Consumption accounted for 49.9 % in Dec 2022.

Australia GDP: % of GDP: Gross National Expenditure data was reported at 94.492 % in 2023. This records an increase from the previous number of 94.283 % for 2022. Australia GDP: % of GDP: Gross National Expenditure data is updated yearly, averaging 100.899 % from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 103.790 % in 1986 and a record low of 94.283 % in 2022. Australia GDP: % of GDP: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).;World Bank national accounts data, and OECD National Accounts data files.;;

Australia GDP: Gross National Expenditure data was reported at 2,420,167.000 AUD mn in 2023. This records an increase from the previous number of 2,199,821.000 AUD mn for 2022. Australia GDP: Gross National Expenditure data is updated yearly, averaging 418,871.500 AUD mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 2,420,167.000 AUD mn in 2023 and a record low of 16,663.000 AUD mn in 1960. Australia GDP: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

Australia GDP: Gross National Expenditure: Deflator data was reported at 100.000 2023=100 in 2023. Australia GDP: Gross National Expenditure: Deflator data is updated yearly, averaging 100.000 2023=100 from Dec 2023 (Median) to 2023, with 1 observations. The data reached an all-time high of 100.000 2023=100 in 2023 and a record low of 100.000 2023=100 in 2023. Australia GDP: Gross National Expenditure: Deflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).;World Bank national accounts data, and OECD National Accounts data files.;;

Australia GDP: Real: Gross National Expenditure data was reported at 2,455,227.000 AUD mn in 2023. Australia GDP: Real: Gross National Expenditure data is updated yearly, averaging 2,455,227.000 AUD mn from Dec 2023 (Median) to 2023, with 1 observations. The data reached an all-time high of 2,455,227.000 AUD mn in 2023 and a record low of 2,455,227.000 AUD mn in 2023. Australia GDP: Real: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Real. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

Australia Net Lending (+) / Net Borrowing (-): % of GDP data was reported at -1.351 % in 2022. This records an increase from the previous number of -6.860 % for 2021. Australia Net Lending (+) / Net Borrowing (-): % of GDP data is updated yearly, averaging -0.938 % from Dec 1972 (Median) to 2022, with 51 observations. The data reached an all-time high of 2.009 % in 2000 and a record low of -6.860 % in 2021. Australia Net Lending (+) / Net Borrowing (-): % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Government Revenue, Expenditure and Finance. Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Weighted average;

Australia GDP: USD: Gross National Expenditure data was reported at 1,652.484 USD bn in 2023. This records an increase from the previous number of 1,602.234 USD bn for 2022. Australia GDP: USD: Gross National Expenditure data is updated yearly, averaging 319.503 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 1,652.484 USD bn in 2023 and a record low of 18.664 USD bn in 1960. Australia GDP: USD: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

The United States led the ranking of the countries with the highest military spending in 2024, with 997 billion U.S. dollars dedicated to the military. That constituted almost 40 percent of the total military spending worldwide that year, which amounted to 2.7 trillion U.S. dollars. This amounted to 3.4 percent of the U.S.'s gross domestic product (GDP), placing the country lower in the ranking of military expenditure as a percentage of GDP, compared to Ukraine, Israel, Algeria, Saudi Arabia, and Russia. China was the second largest military spender, with an estimated 314 billion U.S. dollars spent, with Russia following in third. Defense budgetAccording to the U.S. Congressional Budget Office, the outlays for defense will rise to 1.1 trillion U.S. dollars by 2033. The largest parts of the budget are dedicated to the Departments of the Navy and the Air Force. The budget for the U.S. Air Force for 2024 was nearly 260 billion U.S. dollars.Global military spendingThe value of military spending globally has grown steadily in the past years and reached 2.7 trillion U.S. dollars in 2024. Reasons for this are the outbreak of the Russia-Ukraine war in 2022, the war in Gaza, as well as increasing tensions in the South China Sea. North America is by far the leading region worldwide in terms of expenditure on the military.

Australia GDP: 2010 Price: USD: Gross National Expenditure data was reported at 1,157.938 USD bn in 2010. Australia GDP: 2010 Price: USD: Gross National Expenditure data is updated yearly, averaging 1,157.938 USD bn from Jun 2010 (Median) to 2010, with 1 observations. The data reached an all-time high of 1,157.938 USD bn in 2010 and a record low of 1,157.938 USD bn in 2010. Australia GDP: 2010 Price: USD: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Real. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

Denmark donated the most significant percentage of its 2021 gross domestic product (GDP) to help Ukraine over the period between January 2022, and June 2025. Denmark contributed 2.89 percent of its GDP in bilateral aid, followed by Estonia with 2.8 percent of GDP. Besides the Nordic and Baltic countries, the Netherlands donated the largest share of GDP. Western countries sent aid to Ukraine in view of the Russian invasion that began in February 2022. Who donated the most to Ukraine? In absolute terms, the largest bilateral aid allocations to Ukraine were made by the United States, at over 114 billion euros as of June 2025. European Union (EU) institutions, such as the European Commission and the European Council, allocated the second-largest amount of assistance, at almost 63.2 billion euros. The United Kingdom (UK) was the fourth-leading source of bilateral aid. EU aid to Ukraine The EU has supported Ukraine with over 69 billion euros in financial assistance as of January 2022. Of them, the largest share of aid has been provided as additional loans from the European Investment Bank (EIB) and the European Bank of Reconstruction and Development (EBRD). Among EU members, Germany allocated the largest amount of bilateral aid to Ukraine from January 24, 2022, at around 22 billion euros, while Estonia allocated the largest share of GDP.

支出：非金融资产净投资占国内生产总值的百分比在12-01-2016达0.001%，相较于12-01-2015的0.001%有所下降。支出：非金融资产净投资占国内生产总值的百分比数据按年更新，12-01-1972至12-01-2016期间平均值为0.359%，共45份观测结果。该数据的历史最高值出现于12-01-1987，达1.252%，而历史最低值则出现于12-01-2001，为0.000%。CEIC提供的支出：非金融资产净投资占国内生产总值的百分比数据处于定期更新的状态，数据来源于World Bank，数据归类于全球数据库的澳大利亚 – Table AU.World Bank.WDI: Government Revenue, Expenditure and Finance。

The global total consumer spending on healthcare in was forecast to continuously increase between 2024 and 2029 by in total 1.7 trillion U.S. dollars (+26.36 percent). After the ninth consecutive increasing year, the healthcare-related spending is estimated to reach 8.1 trillion U.S. dollars and therefore a new peak in 2029. Consumer spending, in this case healthcare-related spending, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 06. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the total consumer spending on healthcare in countries like Australia & Oceania and Asia.

Out of the OECD countries, Luxembourg was the country that spent the most on educational institutions per full-time student in 2020. On average, 23,000 U.S dollars were spent on primary education, nearly 27,000 U.S dollars on secondary education, and around 53,000 U.S dollars on tertiary education. The United States followed behind, with Norway in third. Meanwhile, the lowest spending was in Mexico.