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| Jun.2002 | Jun.2003 | Jun.2004 |
Table 43. EXPENDITURE ON GDP, Current prices - Annual ($m) | | | |
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Final consumption expenditure |
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General government | | | |
National-defence | 12575 | 13895 | 14356 |
National-Non-defence | 39658 | 42227 | 45829 |
Total national | 52234 | 56123 | 60185 |
State and local | 80068 | 85441 | 90144 |
Total general government | 132301 | 141564 | 150329 |
Households | 434552 | 462093 | 493287 |
Total final consumption expenditure | 566853 | 603657 | 643616 |
Private gross fixed capital formation | | | |
Private business investment | | | |
Machinery and equipment | | | |
New | 52316 | 57748 | 60222 |
Net purchases of second hand assets | -3321 | -3257 | -3145 |
Total machinery and equipment | 48995 | 54491 | 57077 |
Non-dwelling construction | | | |
New building | 14004 | 18408 | 21665 |
New engineering construction | 10532 | 14126 | 15634 |
Net purchases of second hand assets | 132 | 553 | -574 |
Total non-dwelling construction | 24668 | 33087 | 36725 |
Livestock | 2543 | 1357 | 2609 |
Intangible fixed assets | | | |
Computer software | 7989 | 8524 | 8575 |
Mineral and petroleum exploration | 1523 | 1728 | 1731 |
Artistic originals | 386 | 409 | 441 |
Total intangible fixed assets | 9898 | 10661 | 10747 |
Total private business investment | 86104 | 99595 | 107158 |
Dwellings | | | |
New and used dwellings | 23870 | 28559 | 31387 |
Alterations and additions | 19185 | 22920 | 26196 |
Total dwellings | 43055 | 51479 | 57583 |
Ownership transfer costs | 11992 | 14006 | 16278 |
Total private gross fixed capital formation | 141152 | 165081 | 181019 |
Public gross fixed capital formation | | | |
Public corporations | | | |
Commonwealth | 3060 | 2379 | 2908 |
State and local | 7066 | 8560 | 8748 |
Total public corporations | 10126 | 10939 | 11655 |
General government | | | |
National-defence | 1186 | 1646 | 1759 |
National-non-defence | 2469 | 2562 | 2701 |
Total national | 3655 | 4208 | 4460 |
State and local | 13898 | 13561 | 14588 |
Total general government | 17553 | 17769 | 19048 |
Total public gross fixed capital formation | 27679 | 28708 | 30704 |
Total gross fixed capital formation | 168831 | 193788 | 211722 |
Domestic final demand | 735684 | 797445 | 855338 |
Changes in inventories | | | |
Private non-farm(a) | -300 | 3347 | 6281 |
Farm | 176 | -407 | -31 |
Public authorities | 22 | -111 | -306 |
Total changes in inventories | -102 | 2829 | 5944 |
Gross national expenditure | 735582 | 800274 | 861282 |
Exports of goods and services | 154778 | 149691 | 144676 |
Imports of goods and services | 154580 | 167170 | 167706 |
Statistical discrepancy (E) | 0 | 0 | 0 |
Gross domestic product | 735783 | 782798 | 838251 |
n.r. not recorded |
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(a) Includes for all periods the privatised marketing authorities. | | | |
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