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 1752.19 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Australia represents 1.65 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.

Australia GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 5.376 % in 2024. This records an increase from the previous number of 5.269 % for 2023. Australia GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 9.103 % from Jun 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 13.697 % in 1990 and a record low of 5.269 % in 2023. Australia GDP: % of GDP: Gross Value Added: Industry: Manufacturing 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: Share of GDP. Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical tranformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;

Monthly and long-term Australia economic indicators data: historical series and analyst forecasts curated by FocusEconomics.

GDP from Manufacturing in Australia increased to 35268 AUD Million in the third quarter of 2025 from 34791 AUD Million in the second quarter of 2025. This dataset provides - Australia Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of May 2022, approximately ** percent of people employed in the Australian workforce were working in the health care and social assistance industry. Other leading industries for employment were professional, scientific, and technical services, as well as retail trade.

In 2024, the gross value added (GVA) of the agriculture industry in Australia amounted to around 63.8 billion Australian dollars. The country produces and exports a diverse range of agricultural products including cattle, wheat, and milk, making agriculture an important economic sector of Australia.

Employment: Full Time: Females: Manufacturing: Basic Chemical & Chemical Product data was reported at 15.734 Person th in Nov 2025. This records an increase from the previous number of 14.382 Person th for Aug 2025. Employment: Full Time: Females: Manufacturing: Basic Chemical & Chemical Product data is updated quarterly, averaging 9.850 Person th from Nov 1984 (Median) to Nov 2025, with 165 observations. The data reached an all-time high of 23.505 Person th in Nov 2020 and a record low of 7.040 Person th in May 1985. Employment: Full Time: Females: Manufacturing: Basic Chemical & Chemical Product 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.G: Employment: by Sex and by Industry: Full Time.

Australia: Value added by industry as percent of GDP: The latest value from 2024 is 25.97 percent, a decline from 27.65 percent in 2023. In comparison, the world average is 26.35 percent, based on data from 151 countries. Historically, the average for Australia from 1990 to 2024 is 25.49 percent. The minimum value, 22.32 percent, was reached in 2016 while the maximum of 28.77 percent was recorded in 1990.

Australia Employment: Full Time: Females: Manufacturing: Primary Metal & Metal Product data was reported at 7.812 Person th in Nov 2025. This records an increase from the previous number of 6.877 Person th for Aug 2025. Australia Employment: Full Time: Females: Manufacturing: Primary Metal & Metal Product data is updated quarterly, averaging 6.433 Person th from Nov 1984 (Median) to Nov 2025, with 165 observations. The data reached an all-time high of 11.474 Person th in May 2011 and a record low of 1.822 Person th in Feb 2002. Australia Employment: Full Time: Females: Manufacturing: Primary Metal & Metal Product 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.G: Employment: by Sex and by Industry: Full Time.

Graph and download economic data for Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Australia (LFEAICTTAUA647S) from 1964 to 2025 about Australia, construction, employment, and industry.

Graph and download economic data for Production: Manufacturing: Total Manufacturing for Australia (PRMNTO01AUA657S) from 1976 to 2024 about Australia, IP, and manufacturing.

The Gross Domestic Product (GDP) in Australia expanded 0.80 percent in the fourth 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.

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.

Graph and download economic data for Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Australia (LCEAMN01AUQ661S) from Q4 1983 to Q2 2025 about Australia, compensation, earnings, hours, and manufacturing.

Industrial Production in Australia increased 2.70 percent in the fourth quarter of 2025 over the same quarter in the previous year. This dataset provides the latest reported value for - Australia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Australia (PRMNTO01AUQ661N) from Q3 1974 to Q4 2023 about Australia, IP, and manufacturing.

Australia Employment: Females: Manufacturing: Primary Metal & Metal Product data was reported at 10.577 Person th in Nov 2025. This records an increase from the previous number of 10.448 Person th for Aug 2025. Australia Employment: Females: Manufacturing: Primary Metal & Metal Product data is updated quarterly, averaging 10.015 Person th from Nov 1984 (Median) to Nov 2025, with 165 observations. The data reached an all-time high of 14.480 Person th in May 2011 and a record low of 2.786 Person th in Aug 1997. Australia Employment: Females: Manufacturing: Primary Metal & Metal Product 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.G: Employment: by Sex and by Industry.

One of the leading economic industries in Australia, coal mining has contributed significantly to the local economy. In 2024, the price of Australian coal was around 136 U.S. dollars per metric ton. Coal market The contribution of the coal mining industry to Australia’s economy was valued in the billions of Australian dollars. Coal consumption is much lower than production in Australia, so most of the mined coal is exported. In fact, Australia exports the most coal by value out of any other country, with major export partners including China and India. Australia’s reliance on its mining exports may lead to potential problems, particularly if long-term demand drops due to emerging alternative fuel sources, climate action, and increased competition from other coal producing countries. The effect on the tens of thousands of Australian workers in the mining industry may have already been felt, with lower employment numbers recorded recently. Environmental impact Of late, the fugitive emissions from coal mining have come under fire due to their contribution to environmental pollution. In Australia, emissions from underground coal mines were projected to total 19 million metric tons of carbon dioxide equivalent by 2030. With a global focus on reducing air pollution and mitigating climate effects, the future of mining in Australia may not be as certain as it once was.