Analysis of Different Expenditure Components of GDP in Australia

Running head: ECONOMICS
Economics
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ECONOMICS1
Table of Contents
Introduction................................................................................................................................2
Analysis of different expenditure components of GDP.............................................................2
Consumption..........................................................................................................................3
Investment..............................................................................................................................4
Government expenditure........................................................................................................5
Net export...............................................................................................................................6
Conclusion..................................................................................................................................6
References..................................................................................................................................8

ECONOMICS2
Introduction
The section analyzes various components of Gross domestic production. Gross
domestic product is an aggregate measure indicating value of produced output within a
nation. Four major expenditure components of GDP are consumption, investment,
government expenditure and net export. Real per capita estimates show average estimate per
person in inflation-adjusted term. Required data has been collected from ABS and then
expressed as real per capita estimate by dividing the absolute value by total population.
Analysis of different expenditure components of GDP
Table 1: Real per capita measure of different expenditure components of GDP
Expenditure in real per capita terms
Yea
r
Consumpti
on
Investm
ent
Government
Expenditure
Net
export
198
7 22640.26 8026.46 8166.57 1848.04
198
8 22950.09 8476.44 8325.36 1888.05
198
9 23659.59 9246.95 8444.02 1115.09
199
0 24343.89 9204.08 8550.09 1113.99
199
1 24283.41 8231.27 8717.54 1923.70
199
2 24598.04 7822.06 8849.05 2313.30
199
3 24828.65 8264.81 8991.15 2494.20
199
4 25115.02 8658.43 9000.34 2786.94
199
5 25898.95 9493.03 9187.61 2346.46
199
6 26473.10 9640.87 9462.75 2818.54
199
7 26994.86
10180.8
7 9557.64 3147.11
199
8 28034.62
11055.3
9 9841.16 2932.06
199
9 29306.77
11415.8
6 10170.77 2754.82
200
0 30200.51
12196.8
3 10362.40 2852.35