Australia vs Italy: Final consumption expenditure
Final consumption expenditure over time
- Australia
- Italy
How they compare
Australia currently reports 2.08 trillion current LCU against 1.71 trillion current LCU in Italy, a difference of 372.23 billion current LCU.
That makes Australia's figure about 1.2 times Italy's.
The two have swapped places 1 time across 56 shared years of data; in 1970 it was Italy ahead.
Globally, Australia ranks 82nd and Italy ranks 85th of 187 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.