Homepage > Countries > Australia > GDP Annual Growth Rate

Australia GDP Annual Growth Rate: -0.3% (2020)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Australia is estimated to be $1.446 Trillion US dollars at the end of 2020.

The economy of Australia has grown at an average annual growth rate of 1.8% in the last four years and is ranked the 6th largest economy in Asia-Pacific, ahead of Thailand.

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

GDP Annual Growth Rate: Australia


Source: World Bank, World Economics
0 0 0 Australia|#FE1800|5.53797931684528, 2.64867511295262, 4.13826758157036, 6.12435373762842, 3.48017491799556, 5.64286141093278, 3.0080477977549, 4.47231278246065, 6.27586716607024, 6.32114263234969, 5.11496858499562, 6.2078610864111, 4.89043531715288, 3.94213807104376, -0.363735434053538, 4.57844543332115, 5.07998059425916, -0.210653695162676, 5.35669990025116, 1.73148559549917, -0.14429469056661, 2.01125470754351, 2.97308803031213, 0.0512747629668411, 2.49867849748429, 2.3013932119724, 1.35716806415441, 3.29587989843014, 3.88707481782052, 4.34564139947821, 3.44162777669459, 2.09352461709183, 0.526809203706492, 2.40211907379886, 2.66798353089548, 2.34953385169727, 2.09359938952392, 3.58142581460447, 3.55633124664169, 3.37572214708479, 1.26716818922992, 1.65155392186669, 0.941470920725337, 2.73512022241023, 2.24406532463878, 3.45404183614122, 3.72741530093519, 1.4604236757386, -3.76457817791678, 1.83709367680054, 2.92279728368581, 0.680445576816723, 0.0255047121972183, 0.661272848852604, 1.01450158590511, 2.7706521973025, 2.30061062359425, 2.94928577160958, 2.16095629535999, -0.284839297785609 1961, 1962, 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,








 





Please enter your email
to view free GDP data
Not used for marketing or monitoring
Economic Indicators: Australia 2017 2018 2019 2020
GDP Annual Growth Rate (%) 2.3 2.9 2.2 -0.3
GDP per Capita Annual Growth Rate (%) 0.6 1.4 0.6 -1.5
Real GDP (US$ Billions, 2010) 1,379 1,420 1,450 1,446
Real GDP per Capita (US$, 2010) 56,058 56,832 57,183 56,307
Current GDP (Billions, US$) 1,329 1,433 1,397 1,331
Current GDP per Capita (US$) 54,028 57,355 55,057 51,812
Real GDP PPP (Billions, 2017) 1,203 1,239 1,262 1,251
Real GDP per Capita PPP (int$ 2017) 48,940 49,744 50,074 49,055
Data Quality Rating for Australia See how much you can trust Australia's GDP Data





Please read our Terms of Service and Disclaimer relating to data on this page.






AUSTRALIA'S ECONOMICS
AUSTRALIA'S DEMOGRAPHY
AUSTRALIA'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA
Did you know Australia's economy is much larger than offical data states?
Investors need to know the true size to minimise investment risk and maximise investment potential.
World Economics can show you how big Australia really is and how you should weight your investent portfolio from just $49 $9.99 per month.
Cancel anytime.