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Economy > Gross national expenditure Stats: compare key data on Australia & Italy

Definitions

  • Constant LCU: 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.
  • Current LCU: 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.
  • Current US$: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars.
  • Current US$ > Per $ 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). Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Current US$ > Per capita: 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. Per capita figures expressed per 1 population.
  • Current US$ per capita: 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. Figures expressed per capita for the same year.
STAT Australia Italy HISTORY
Constant LCU 850391500000 1240166000000
Current LCU 916835000000 1417957000000
Current US$ 674.24 billion$
Ranked 12th.
1.76 trillion$
Ranked 5th. 3 times more than Australia

Current US$ > Per $ GDP 1.03$ per $1 of GDP
Ranked 90th. 3% more than Italy
1$ per $1 of GDP
Ranked 97th.

Current US$ > Per capita 33,557.76$ per capita
Ranked 15th. 12% more than Italy
30,088.68$ per capita
Ranked 14th.

Current US$ per capita 33,498.74$
Ranked 14th. 11% more than Italy
30,088.69$
Ranked 14th.

SOURCES: World Development Indicators database; World Development Indicators database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.

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