Australia GDP: $1.611 Trillion

GROSS DOMESTIC PRODUCT (CURRENT MARKET PRICES)

GDP in Australia is estimated to be $1.611 trillion US dollars at the end of 2023.

The economy of Australia has grown at an average annual growth rate of 2.0% in the last four years and is ranked the 9th largest economy in Asia-Pacific, ahead of Thailand.

World Economics Rates Australia's Offical GDP Data as Grade A

Current GDP (US$): Australia


Source: World Bank, World Economics
Notes: Current Market Prices
0 0 0 Australia|#FE1800|52042056074.7664, 63832158872.5176, 88963890935.888, 97304383449.406, 105066179251.229, 110350997935.306, 118495375592.15, 134898330114.734, 149984401114.206, 176891907581.563, 194037294494.097, 177267197005.147, 193519289983.699, 180633581345.402, 182472020145.495, 189487824245.633, 236153958090.803, 299877860109.112, 311433628318.584, 325986971195.354, 325531800353.764, 312138139404.16, 322809408509.166, 368140778140.778, 401311077389.985, 435614337141.963, 399660855999.457, 389389647825.542, 415851284305.721, 379358162498.658, 395580786940.142, 467497961560.862, 614326362213.686, 695328522026.763, 747906558849.955, 854427259166.209, 1055642793196.06, 928626859078.192, 1148610059015.24, 1398405797101.45, 1546892142709.84, 1576380424746.08, 1467545212521.8, 1350615691821.28, 1206535157956.03, 1326516328531.56, 1428288504767.07, 1392227864397.08, 1326901059123.21, 1552667363236.06, 1582028303074.86, 1610520632813.23 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,








 





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Economic Indicators: Australia 2018 2019 2022 2023
Current GDP (Billions, US$) 1,327 1,553 1,582 1,611
Current GDP per Capita (US$) 51,720 60,443 61,586 62,695
Real GDP (US$ Billions, 2010) 1,491 1,524 1,553 1,581
Real GDP per Capita (US$, 2010) 58,117 59,341 60,463 61,552
Real GDP PPP (Billions, 2017) 1,251 1,279 1,327 1,352
Real GDP per Capita PPP (int$ 2017) 49,045 49,581 50,887 51,310
GDP Annual Growth Rate (%) -0.1 2.2 3.8 1.9
GDP per Capita Annual Growth Rate (%) -1.3 2.1 3.8 1.9
Data Quality Rating for Australia See how much you can trust Australia's GDP Data




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