In 2023, agriculture contributed around 2.57 percent to the GDP of Australia, 27.65 percent came from industry, and 63.57 percent from the services sector. The same year, the Australian inflation rate, another important key indicator for its economic situation, amounted to 2.82 percent. Why is the inflation rate important?Inflation is the steady increase in price levels for consumer goods and services during a certain timespan. The European Central Bank considers a steady inflation rate of two percent a year beneficial for a stable economy – otherwise a country risks economic hardship. In the worst case, a country can experience either hyperinflation (like Venezuela), which is the rapid increase of prices to a point of economic collapse, or deflation, which is the decrease of prices and devaluation of money that can also lead to economic collapse. Up and down under Australia’s inflation has been clawing itself out of a slump in 2016, when it unceremoniously dropped to 1.25 percent due to falling petrol costs and oil prices. The following year, it recovered instantaneously and soared back to just under two percent, and forecasts see it reaching 2.52 percent by 2021. Australians don’t seem too worried about this outlier, and rightly so, since Australia’s economy is still one of the biggest in the Asia-Pacific region and worldwide.

The Gross Domestic Product (GDP) in Australia was worth 1728.06 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Australia represents 1.64 percent of the world economy. This dataset provides - Australia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic depicts Australia's gross domestic product (GDP) from 1987 to 2024, with projections up until 2030. In 2024, GDP in Australia amounted to about 1.8 trillion US dollars. See global GDP for a global comparison. Australia’s economy and population Australia’s gross domestic product has been growing steadily, and all in all, Australia and its economic key factors show a well-set country. Australia is among the countries with the largest gross domestic product / GDP worldwide, and thus one of the largest economies. It was one of the few countries not severely stricken by the 2008 financial crisis; its unemployment rate, inflation rate and trade balance, for example, were hardly affected at all. In fact, the trade balance of Australia – a country’s exports minus its imports – has been higher than ever since 2010, with a slight dip in 2012. Australia mainly exports wine and agricultural products to countries like China, Japan or South Korea. One of Australia’s largest industries is tourism, which contributes a significant share to its gross domestic product. Almost half of approximately 23 million Australian residents are employed nowadays, life expectancy is increasing, and the fertility rate (the number of children born per woman) has been quite stable. A look at the distribution of the world population by continent shows that Australia is ranked last in terms of population and population density. Most of Australia's population lives at the coast in metropolitan areas, since parts of the continent are uninhabitable. Unsurprisingly, Australia is known as a country with very high living standards, four of its biggest cities – Melbourne, Adelaide, Sydney and Perth – are among the most livable cities worldwide.

Over the next few years, the Australia’s printing industry is expected to face challenging times to maintain its current revenue stream, if not adding more. According to Statista’s latest estimates, the industry is likely to register a slight decline in revenue over the next few years. The two largest contributors, advertising and media, have both shifted their bets on digital channels, reducing demand for printing. Preference towards digital contents is undoubtably reshaping the industry dynamics with many legacy print service providers adopting digital platforms. Other revenue component, such as banking forms and retail catalogs, are also in low demand due to the increased prevalence of digital banking and e-commerce. Digital disruption hurting legacy players The increase in mobile internet penetration over the years has led to a surge in the demand for digital news contents in Australia. Although this trend has been instrumental for the growth in the advertisement revenue for digital channels, it has an adverse impact on the same for print media and in turn led to the decline in overall market for traditional newspaper printing organizations.

The Gross Domestic Product (GDP) in Australia expanded 0.20 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Australia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Australia Percentage of Households: Multiple Family: Source of Income: Wages And Salaries data was reported at 81.800 % in 2020. This records an increase from the previous number of 72.900 % for 2018. Australia Percentage of Households: Multiple Family: Source of Income: Wages And Salaries data is updated yearly, averaging 78.300 % from Jun 2004 (Median) to 2020, with 9 observations. The data reached an all-time high of 84.200 % in 2016 and a record low of 68.000 % in 2004. Australia Percentage of Households: Multiple Family: Source of Income: Wages And Salaries data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.H040: Survey of Income and Housing: Percentage of Households: by Source of Income.

Australia GDP: Growth: Adjusted Net National Income per Capita data was reported at 1.162 % in 2019. This records an increase from the previous number of 0.889 % for 2018. Australia GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging 2.175 % from Jun 1971 (Median) to 2019, with 49 observations. The data reached an all-time high of 5.534 % in 1988 and a record low of -1.794 % in 1991. Australia GDP: Growth: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;

The Gross Domestic Product per capita in Australia was last recorded at 61583.92 US dollars in 2023. The GDP per Capita in Australia is equivalent to 488 percent of the world's average. This dataset provides - Australia GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Real Gross Domestic Product for Australia (NGDPRSAXDCAUQ) from Q3 1959 to Q4 2024 about Australia, real, and GDP.

Net primary income (BoP, current US$) in Australia was reported at --53722458606 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Net income (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

The statistic shows the growth rate of Australia’s real GDP from 2020 to 2024, with projections up until 2030. In 2024, GDP in Australia grew by about 1.04 percent on the previous year.The recession-proof land down underGDP is one of the primary indicators used to gauge the state and health of a country’s economy. It is the total market value of all final goods and services that have been produced within a country in a given period of time, usually a year. GDP figures allow us to understand a country’s economy in a clear way. Real GDP, in a similar vein, is also a very useful indicator; this is a measurement that takes prices changes (inflation and deflation) into account, therefore acting as a key indicator for economic growth.The gross domestic product (GDP) growth rate in Australia has, for sometime, been able to get a steady foothold in the somewhat shaky post-recession world, shaky, but far from catastrophic. The annual growth rate between the 2008 and 2009 financial years, for example, a time at which the world was brought to its proverbial knees, saw growth rates down under reach to 2.49 and 1.37 percent respectively on the previous years, whereas the GDP growth rate in the United States plummeted well into the minus zone. Australia, like all other capitalist nations, is at the mercy of international markets, and when the world economy takes a hit, it would be foolish to suggest it could emerge fully unscathed. However, Australia has earned some much deserved praise and attention owing to the fact that it has managed to remain recession-free for the past twenty years. This could be thanks to its abundance of raw materials, the Australian mining boom, the fact the recession came at a time of high commodity prices and, maybe most importantly, that just under a third of its exports go to China.

In 2024, international students living and studying in Australia originating from China contributed over ** billion Australian dollars to the Australian economy. Indian students, with education export income of over * billion Australian dollars, were the second-biggest contributors to the Australian economy.

Percentage of Households: Non Family: Lone Person: Source of Income: Govt Pensions & Allowances data was reported at 39.500 % in 2020. This records a decrease from the previous number of 40.000 % for 2018. Percentage of Households: Non Family: Lone Person: Source of Income: Govt Pensions & Allowances data is updated yearly, averaging 42.800 % from Jun 2003 (Median) to 2020, with 10 observations. The data reached an all-time high of 44.500 % in 2004 and a record low of 39.500 % in 2020. Percentage of Households: Non Family: Lone Person: Source of Income: Govt Pensions & Allowances data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.H040: Survey of Income and Housing: Percentage of Households: by Source of Income.

In 2018, the greatest source of income for residential care providers was from commonwealth care subsidies and supplements at 62 percent of the total revenue. Overall, the Australian government contributed to almost 70 percent of residential care providers' revenue, with the remaining income coming from consumer contributions and other revenue such as donations and asset sales.

The total revenue of residential aged care providers in 2018 was 1,806,630 million Australian dollars.

The Gross Domestic Product (GDP) in Australia expanded 1.30 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Australia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports of goods, services and primary income (BoP, current US$) in Australia was reported at 511842751432 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Exports of goods, services and income (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Gross National Product in Australia increased to 626245 AUD Million in the first quarter of 2025 from 622309 AUD Million in the fourth quarter of 2024. This dataset provides - Australia Gross National Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2022, 80 percent of respondents receiving assistance from the Salvation Army and whose main income source was Centrelink payments were living below the poverty line in Australia. Around 22 percent of respondents in full-time employment were living below the poverty line in the same year.

This dataset presents a range of data items sourced from a wide variety of collections, both Australian Bureau of Statistics (ABS) and non-ABS. The data is derived from the November 2024 release of Data by region. Individual data items present the latest reference year data available on Data by region. This layer presents data by Statistical Areas Level 2 (SA2), 2021.

The Income (including government allowances) theme is based on groupings of data within Data by region. Concepts, sources and methods for each dataset can be found on the Data by region methodology page.

The Income (including government allowances) theme includes:

Personal income in Australia Selected government pensions and allowances Personal income (Census) Household income (Census)

When analysing these statistics:

Time periods, definitions, methodologies, scope, and coverage can differ across collections.
Some data values have been randomly adjusted or suppressed to avoid the release of confidential data, this means

    some small cells have been randomly set to zero
    care should be taken when interpreting cells with small numbers or zeros.

Data and geography references

Source data publication: Data by region Geographic boundary information: Australian Statistical Geography Standard (ASGS) Edition 3 Further information: Data by region methodology, reference period 2011-24 Source: Australian Bureau of Statistics (ABS)

Made possible by the Digital Atlas of Australia

The Digital Atlas of Australia is a key Australian Government initiative being led by Geoscience Australia, highlighted in the Data and Digital Government Strategy. It brings together trusted datasets from across government in an interactive, secure, and easy-to-use geospatial platform. The Australian Bureau of Statistics (ABS) is working in partnership with Geoscience Australia to establish a set of web services to make ABS data available in the Digital Atlas of Australia.

Contact the Australian Bureau of Statistics

Email geography@abs.gov.au if you have any questions or feedback about this web service.
Subscribe to get updates on ABS web services and geospatial products.

Privacy at the Australian Bureau of Statistics Read how the ABS manages personal information - ABS privacy policy.

Percentage of Households: Non Family: Group Households: Source of Income data was reported at 100.000 % in 2020. This stayed constant from the previous number of 100.000 % for 2018. Percentage of Households: Non Family: Group Households: Source of Income data is updated yearly, averaging 100.000 % from Jun 2003 (Median) to 2020, with 10 observations. The data reached an all-time high of 100.000 % in 2020 and a record low of 100.000 % in 2020. Percentage of Households: Non Family: Group Households: Source of Income data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.H040: Survey of Income and Housing: Percentage of Households: by Source of Income.