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Economy > Spending > Gross national expenditure Stats: compare key data on Australia & United States

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Definitions

  • % of GDP: Gross national expenditure (% 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).
  • Constant 2000 US$: Gross national expenditure (constant 2000 US$). 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 constant 2005 U.S. dollars.
  • Constant 2000 US$ per capita: Gross national expenditure (constant 2000 US$). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Constant 2000 US$, % of GDP: Gross national expenditure (constant 2000 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 constant 2005 U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Constant LCU: Gross national expenditure (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.
  • Constant LCU per capita: Gross national expenditure (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. Figures expressed per capita for the same year.
  • Current LCU: Gross national expenditure (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 LCU per capita: Gross national expenditure (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. Figures expressed per capita for the same year.
  • Current US$: Gross national expenditure (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 capita: Gross national expenditure (current US$). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Current US$, % of GDP: Gross national expenditure (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. Figures expressed as a proportion of GDP for the same year
STAT Australia United States HISTORY
% of GDP 99.75%
Ranked 91st.
103.37%
Ranked 69th. 4% more than Australia

Constant 2000 US$ $931.77 billion
Ranked 16th.
$14.62 trillion
Ranked 1st. 16 times more than Australia

Constant 2000 US$ per capita $41,076.97
Ranked 8th.
$46,568.82
Ranked 5th. 13% more than Australia

Constant 2000 US$, % of GDP 61.28%
Ranked 84th.
93.2%
Ranked 18th. 52% more than Australia

Constant LCU 1.45 trillion
Ranked 44th.
14.62 trillion
Ranked 15th. 10 times more than Australia

Constant LCU per capita 63,887.7
Ranked 42nd. 37% more than United States
46,568.82
Ranked 49th.

Current LCU 1.47 trillion
Ranked 66th.
16.79 trillion
Ranked 23th. 11 times more than Australia

Current LCU per capita 64,842.35
Ranked 64th. 21% more than United States
53,491.71
Ranked 71st.

Current US$ $1.53 trillion
Ranked 13th.
$16.79 trillion
Ranked 1st. 11 times more than Australia

Current US$ per capita $67,384.38
Ranked 4th. 26% more than United States
$53,491.71
Ranked 6th.

Current US$, % of GDP 100.52%
Ranked 96th.
107.06%
Ranked 64th. 7% more than Australia

SOURCES: World Bank national accounts data; World Bank national accounts data. 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.; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.

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