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.

GDP: South Australia data was reported at 148,746.000 AUD mn in 2024. This records an increase from the previous number of 140,499.000 AUD mn for 2023. GDP: South Australia data is updated yearly, averaging 70,906.000 AUD mn from Jun 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 148,746.000 AUD mn in 2024 and a record low of 31,183.000 AUD mn in 1990. GDP: South Australia 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.A167: SNA08: Gross Domestic Product and Gross Domestic Product per Capita: by State.

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 expanded 1.80 percent in the second 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.

Australia's tourism gross domestic product (GDP) bounced back strong in 2023, recording an increase of 90.8 percent. In 2024, the country's tourism GDP increased by around 9.1 percent. After witnessing a significant decline in tourism GDP in 2020 and 2021, with tourism GDP taking a massive plunge of 36.2 percent in 2021 as a result of the coronavirus outbreak, the industry appears to be on the road to recovery. Economic contribution and employment trends Australia's tourism sector recovery is reflected in its substantial economic contribution in 2024. In the year ending June 2024, Australia's direct tourism GDP rose to approximately 75 billion Australian dollars. New South Wales continued to be a key player in the industry, with its tourism gross value added (GVA) reaching about 20 billion Australian dollars. The state also led in employment, with around 195,000 people directly employed in the tourism sector. These figures underscore the tourism industry's significance in driving economic growth and job creation across the country. International visitors fuel industry recovery The revival of Australia's tourism sector is closely tied to the return of international tourists. In 2024, the country welcomed over 7.3 million international visitor arrivals, a significant increase from the mere 140,000 visitors recorded during the height of pandemic restrictions in 2021. New Zealand residents led the way, with over 1.2 million visitors, followed by tourists from China numbering just below 750,000. This influx of international travelers contributed substantially to the Australian economy in 2024, with total trip expenditure reaching approximately 47.8 billion Australian dollars, surpassing pre-pandemic levels for the first time.

GDP: Western Australia data was reported at 458,831.000 AUD mn in 2025. This records an increase from the previous number of 455,683.000 AUD mn for 2024. GDP: Western Australia data is updated yearly, averaging 143,443.000 AUD mn from Jun 1990 (Median) to 2025, with 36 observations. The data reached an all-time high of 458,831.000 AUD mn in 2025 and a record low of 39,460.000 AUD mn in 1990. GDP: Western Australia 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.A: SNA08: Gross Domestic Product and Gross Domestic Product per Capita: by State.

The Gross Domestic Product per capita in Australia was last recorded at 61211.90 US dollars in 2024. The GDP per Capita in Australia is equivalent to 485 percent of the world's average. This dataset provides - Australia GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The ratio of national debt to gross domestic product (GDP) of Australia amounted to approximately 49.83 percent in 2024. Between 1989 and 2024, the ratio rose by around 32.81 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is forecast to decline by about 0.81 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

FocusEconomics' economic data is provided by official state statistical reporting agencies as well as our global network of leading banks, think tanks and consultancies. Our datasets provide not only historical data, but also Consensus Forecasts and individual forecasts from the aformentioned global network of economic analysts. This includes the latest forecasts as well as historical forecasts going back to 2010. Our global network consists of over 1000 world-renowned economic analysts from which we calculate our Consensus Forecasts. In this specific dataset you will find economic data for Australia.

GDP from Public Administration in Australia increased to 33998 AUD Million in the second quarter of 2025 from 33762 AUD Million in the first quarter of 2025. This dataset provides - Australia Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Australia GDP data was reported at 715,447.000 AUD mn in Dec 2024. This records an increase from the previous number of 677,135.000 AUD mn for Sep 2024. Australia GDP data is updated quarterly, averaging 107,968.500 AUD mn from Sep 1959 (Median) to Dec 2024, with 262 observations. The data reached an all-time high of 715,447.000 AUD mn in Dec 2024 and a record low of 3,928.000 AUD mn in Mar 1960. Australia GDP 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.A001: SNA08: Gross Domestic Product: by Expenditure: Current Price.

Australia: Economic freedom, overall index (0-100): The latest value from 2025 is 79 index points, an increase from 76 index points in 2024. In comparison, the world average is 60 index points, based on data from 174 countries. Historically, the average for Australia from 1995 to 2025 is 79 index points. The minimum value, 74 index points, was reached in 1995 while the maximum of 83 index points was recorded in 2009.

GDP: Australian Capital Territory data was reported at 59,443.000 AUD mn in 2025. This records an increase from the previous number of 55,612.000 AUD mn for 2024. GDP: Australian Capital Territory data is updated yearly, averaging 20,734.000 AUD mn from Jun 1990 (Median) to 2025, with 36 observations. The data reached an all-time high of 59,443.000 AUD mn in 2025 and a record low of 7,659.000 AUD mn in 1990. GDP: Australian Capital Territory 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.A: SNA08: Gross Domestic Product and Gross Domestic Product per Capita: by State.

This dataset presents the footprint of economic activity for Australia's capital cities. The data is aggregated to Statistical Area Level 2 (SA2) from the 2011 Australian Statistical Geography Standard (ASGS) and spans the year of 2014. This data has been created by the Grattan Institute for the Mapping Australia's Economy: Cities as Engines of Prosperity Report, Kelly, J-F., Donegan, P., Chisholm, C., & Oberklaid, M. published 20 July 2014. The report maps the Australian economy by the location of economic activity, defined as the dollar value of goods and services produced by workers within a particular area. It finds that economic activity is concentrated most heavily in the central business districts (CBDs) and inner areas of large cities. For more information including the data creation methodology, please refer to the Mapping Australia's Economy: Cities as Engines of Prosperity Report. Please note: AURIN has spatially enabled the original data using the ASGS 2011 SA2 Digital Boundaries.

Key information about Australia Nominal GDP Growth

• Australia Nominal GDP Growth was reported at 4.059 % in Jun 2025.
• This records an increase from the previous number of 3.711 % for Mar 2025.
• Australia Nominal GDP Growth data is updated quarterly, averaging 4.893 % from Sep 1960 to Jun 2025, with 260 observations.
• The data reached an all-time high of 23.811 % in Dec 1973 and a record low of -5.722 % in Jun 2020.
• Australia Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

GDP from Manufacturing in Australia decreased to 33366 AUD Million in the second quarter of 2025 from 33568 AUD Million in the first quarter of 2025. This dataset provides - Australia Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Australia (LRIN64TTAUQ156S) from Q2 1978 to Q3 2025 about 15 to 64 years, Australia, participation, labor force, labor, and rate.

The Gross Domestic Product per capita in Australia was last recorded at 60082.01 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Australia, when adjusted by Purchasing Power Parity is equivalent to 338 percent of the world's average. This dataset provides - Australia GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2020, the GDP shrunk by *** percent in Australia, and inflation was at an all-time low at *** percent over the last 20 years. In 2021, the GDP is predicted to grow by *** percent, and inflation to grow by *** percent. According to the forecast, the Gross Domestic Product and inflation will grow weakly over the next five years in Australia.

Gross National Product in Australia increased to 630373 AUD Million in the second quarter of 2025 from 627317 AUD Million in the first quarter of 2025. This dataset provides - Australia Gross National Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.