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

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 Nigeria HISTORY
Constant LCU 850391500000 254805800000
Current LCU 916835000000 10663500000000
Current US$ 674.24 billion$
Ranked 12th. 8 times more than Nigeria
81.23 billion$
Ranked 44th.

Current US$ > Per $ GDP 1.03$ per $1 of GDP
Ranked 90th. 25% more than Nigeria
0.821$ per $1 of GDP
Ranked 130th.

Current US$ > Per capita 33,557.76$ per capita
Ranked 15th. 58 times more than Nigeria
574.65$ per capita
Ranked 114th.

Current US$ per capita 33,498.74$
Ranked 14th. 58 times more than Nigeria
581.94$
Ranked 112th.

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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