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Australia Goods and services expense (current LCU) 2026: Interactive Chart & Historical Data

Goods and services expense (current LCU) in Australia stood at 69.37 billion in 2022, according to World Bank. The latest value is up 13% from 61.22 billion in 2021. Ten years earlier, in 2012, the value was 39.73 billion (up 75% since). The latest value is the highest since 1990; the lowest was 14.06 billion in 1999. Australia ranked 52nd highest of the 116 countries in this dataset in 2022; South Korea ranked first.

Data source: World Bank · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024

Key facts

What is the latest Goods and services expense (current LCU) in Australia?

Goods and services expense (current LCU) in Australia stood at 69.37 billion in 2022, according to World Bank.

Is Goods and services expense (current LCU) in Australia rising or falling?

The latest value is up 13% from 61.22 billion in 2021. Ten years earlier, in 2012, the value was 39.73 billion (up 75% since).

How does Australia rank for Goods and services expense (current LCU)?

Australia ranked 52nd highest of the 116 countries in this dataset in 2022; South Korea ranked first.

What is the highest Goods and services expense (current LCU) on record in Australia?

The latest value is the highest since 1990; the lowest was 14.06 billion in 1999.

Metadata for Goods and services expense (current LCU) in Australia
IndicatorGoods and services expense (current LCU)
CountryAustralia
CategoryMacroeconomics
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 69.37 billion (2022)

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Source:World Bank — series GC.XPN.GSRV.CN
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Goods and services expense (current LCU) — Australia [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/AUS. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN?locations=AU

MLA

World Bank. "Goods and services expense (current LCU) — Australia." EconDash, 2026, https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/AUS. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN?locations=AU.

Chicago

World Bank. 2026. "Goods and services expense (current LCU) — Australia." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/AUS. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN?locations=AU.

BibTeX
@misc{econdash_wdi_gc_xpn_gsrv_cn_aus,
  author = {{World Bank}},
  title = {{Goods and services expense (current LCU) --- Australia}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/AUS},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN?locations=AU}
}