Australia vs United Kingdom: Final consumption expenditure
Final consumption expenditure over time
- Australia
- United Kingdom
How they compare
United Kingdom currently reports 2.02 trillion constant LCU against 2.02 trillion constant LCU in Australia, a difference of 1.50 billion constant LCU.
Across all 56 years both countries report, United Kingdom has been ahead every year.
Globally, Australia ranks 71st and United Kingdom ranks 70th of 176 countries.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.