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.

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.

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.

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.

The gross domestic product (GDP) per capita in Australia was estimated at 66,250 U.S. dollars in 2024. From 1980 to 2024, the GDP per capita rose by 55,240 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP per capita will rise by 8,640 U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Australia: Gross Domestic Product, billions of 2015 U.S. dollars: The latest value from 2024 is 1665.3 billion U.S. dollars, an increase from 1641.8 billion U.S. dollars in 2023. In comparison, the world average is 528.3 billion U.S. dollars, based on data from 177 countries. Historically, the average for Australia from 1960 to 2024 is 769.1 billion U.S. dollars. The minimum value, 204.6 billion U.S. dollars, was reached in 1960 while the maximum of 1665.3 billion U.S. dollars was recorded in 2024.

Australia GDP: 2015-16p data was reported at 1,692,092,000,000.000 AUD in 2017. This records an increase from the previous number of 1,659,604,000,000.000 AUD for 2016. Australia GDP: 2015-16p data is updated yearly, averaging 1,162,536,000,000.000 AUD from Jun 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 1,692,092,000,000.000 AUD in 2017 and a record low of 750,538,000,000.000 AUD in 1991. Australia GDP: 2015-16p 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. Rebased from 2015-16p to 2016-17p Replacement series ID: 410032597

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.

Australia GDP per Capita: 2015-16p data was reported at 69,402.000 AUD in 2017. This records an increase from the previous number of 69,121.000 AUD for 2016. Australia GDP per Capita: 2015-16p data is updated yearly, averaging 43,050.500 AUD from Jun 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 69,402.000 AUD in 2017 and a record low of 23,904.000 AUD in 1962. Australia GDP per Capita: 2015-16p 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. Rebased from 2015-16p to 2016-17p Replacement series ID: 409573737

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.

Australia Gross Domestic Product (GDP): Value: 2015 Exchange Rates: USD data was reported at 2,197.536 USD bn in Dec 2025. This records an increase from the previous number of 2,171.223 USD bn for Sep 2025. Australia Gross Domestic Product (GDP): Value: 2015 Exchange Rates: USD data is updated quarterly, averaging 335.250 USD bn from Mar 1960 (Median) to Dec 2025, with 264 observations. The data reached an all-time high of 2,197.536 USD bn in Dec 2025 and a record low of 12.487 USD bn in Mar 1960. Australia Gross Domestic Product (GDP): Value: 2015 Exchange Rates: USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.EO: GDP by Expenditure: Forecast: OECD Member: Quarterly. GDP_USD - Gross domestic product, nominal value, constant exchange rates OECD calculation, see OECD Economic Outlook database documentation

In financial year 2024, domestic tourism contributed around 61.3 billion Australian dollars to Australia's direct tourism gross domestic product (GDP). This marked a rise from the previous financial year and the highest contribution by domestic visitors to direct tourism GDP within the given period.

In September 2024, the volume of greenhouse gas emissions per dollar of real GDP in Australia stood at **** kilograms of carbon dioxide equivalent. The volume of greenhouse gas emissions per dollar of real GDP gradually decreased within the measured period.

GDP per capita (constant 2015 US$) in Australia was reported at 61212 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

GDP per Capita: Chain Volume: 2015-16p: Australian Capital Territory data was reported at 92,436.000 AUD in 2017. This records an increase from the previous number of 89,840.000 AUD for 2016. GDP per Capita: Chain Volume: 2015-16p: Australian Capital Territory data is updated yearly, averaging 73,080.000 AUD from Jun 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 92,436.000 AUD in 2017 and a record low of 58,660.000 AUD in 1992. GDP per Capita: Chain Volume: 2015-16p: 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.A167: SNA08: Gross Domestic Product and Gross Domestic Product per Capita: by State.

Australia GDP per Capita: Chain Volume: 2015-16p: Queensland data was reported at 63,212.000 AUD in 2017. This records an increase from the previous number of 63,024.000 AUD for 2016. Australia GDP per Capita: Chain Volume: 2015-16p: Queensland data is updated yearly, averaging 53,313.500 AUD from Jun 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 63,212.000 AUD in 2017 and a record low of 37,918.000 AUD in 1991. Australia GDP per Capita: Chain Volume: 2015-16p: Queensland 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.

Australia GDP per Capita: Chain Volume: 2015-16p: Tasmania data was reported at 55,056.000 AUD in 2017. This records an increase from the previous number of 54,766.000 AUD for 2016. Australia GDP per Capita: Chain Volume: 2015-16p: Tasmania data is updated yearly, averaging 46,210.000 AUD from Jun 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 55,056.000 AUD in 2017 and a record low of 35,314.000 AUD in 1991. Australia GDP per Capita: Chain Volume: 2015-16p: Tasmania 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.

Australia GDP per Capita: Chain Volume: 2015-16p: New South Wales data was reported at 71,541.000 AUD in 2017. This records an increase from the previous number of 70,597.000 AUD for 2016. Australia GDP per Capita: Chain Volume: 2015-16p: New South Wales data is updated yearly, averaging 62,371.500 AUD from Jun 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 71,541.000 AUD in 2017 and a record low of 47,863.000 AUD in 1992. Australia GDP per Capita: Chain Volume: 2015-16p: New South Wales 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.

Australia GDP: 2015-16p: New South Wales data was reported at 557,861,000,000.000 AUD in 2017. This records an increase from the previous number of 542,281,000,000.000 AUD for 2016. Australia GDP: 2015-16p: New South Wales data is updated yearly, averaging 412,724,500,000.000 AUD from Jun 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 557,861,000,000.000 AUD in 2017 and a record low of 281,759,000,000.000 AUD in 1990. Australia GDP: 2015-16p: New South Wales 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.

Australia GDP: 2015-16p: Tasmania data was reported at 28,577,000,000.000 AUD in 2017. This records an increase from the previous number of 28,264,000,000.000 AUD for 2016. Australia GDP: 2015-16p: Tasmania data is updated yearly, averaging 22,123,500,000.000 AUD from Jun 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 28,577,000,000.000 AUD in 2017 and a record low of 16,402,000,000.000 AUD in 1990. Australia GDP: 2015-16p: Tasmania 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.