Australia GDP: $1.749 Trillion

GROSS DOMESTIC PRODUCT (CURRENT MARKET PRICES)

Australia GDP Forecast: $1.749 Trillion in 2024, $1.786 Trillion projected for 2025 (Current Market Prices).

GDP in Australia is estimated to be $1.749 Trillion US dollars at the end of 2024 in GDP current price terms.

Looking ahead to 2025, projections suggest Australia's 2025 GDP estimate could be $1.786 Trillion. This Australia GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 2.1%.

The economy of Australia has grown at an average annual growth rate of 5.8% in the last four years and is ranked the 9th largest economy in Asia-Pacific, ahead of Thailand.

See the full Australia data sheet covering Economics, Demographics and ESG

Current GDP (US$): Australia


Source: World Bank, World Economics
Notes: Current Market Prices
0 0 0 Australia|#FE1800|21540963446.5542, 23801123808.1798, 25977284156.3655, 27308964369.4343, 30442724870.836, 32714085234.2536, 36684485869.5177, 41334726613.5563, 45217767234.8428, 52042056074.7664, 63833440102.4984, 88965364775.2395, 97304383449.406, 105060616984.856, 110352144987.382, 118492761338.464, 134900602067.477, 149987743732.591, 176895390688.494, 194041708043.694, 177267290706.228, 193525337525.765, 180643265927.279, 182481113598.209, 189495764955.003, 236161314544.153, 299875906679.217, 311426665219.971, 325975319455.53, 325525379566.838, 312133923552.558, 322806641300.588, 368166023166.023, 401341880620.728, 435642611296.586, 399674421759.479, 389652212056.649, 416167815092.908, 379629301675.108, 395788696012.059, 467739079790.332, 614659980082.515, 695692898676.56, 748417562769.636, 855007458585.224, 1056112427190.38, 928762122698.05, 1148838233480.72, 1398610616772.97, 1547532281116.4, 1577123329410.88, 1468265356427.76, 1351296372254.31, 1206836962281.84, 1325582658156.54, 1427809041019.44, 1392723834562.64, 1328414058378.38, 1556735770437.26, 1690858246994.43, 1728057316695.61, 1749329702264.13 1963, 1964, 1965, 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024,








 





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Economic Indicators: Australia 2021 2022 2023 2024
Current GDP (Billions, US$) 1,557 1,691 1,728 1,749
Current GDP per Capita (US$) 60,608 64,997 64,821 64,888
Real GDP (US$ Billions, 2010) 1,523 1,587 1,642 1,662
Real GDP per Capita (US$, 2010) 59,277 61,010 61,584 61,648
Real GDP PPP (Billions, 2017) 1,475 1,540 1,572 1,591
Real GDP per Capita PPP (int$ 2017) 49,581 50,887 51,310 51,699
GDP Annual Growth Rate (%) 2.1 4.2 3.4 1.2
GDP per Capita Annual Growth Rate (%) 2.0 2.9 0.9 0.1
Data Quality Rating for Australia See how much you can trust Australia's GDP Data




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AUSTRALIA'S ECONOMICS
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