Australia GDP: $1.591 Trillion

GROSS DOMESTIC PRODUCT (REAL PPP IN 2021 PRICES)

Australia GDP Forecast: $1.591 Trillion in 2024, $1.624 Trillion projected for 2025 (PPP).

GDP in Australia is estimated to be $1.591 Trillion international dollars at the end of 2024 in GDP PPP terms.

Looking ahead to 2025, projections suggest Australia's 2025 GDP estimate could be $1.624 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 2.0% 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

Real GDP PPP (Int$): Australia


Source: World Economics
Notes: 2021 Constant Prices (Int$)
0 0 0 Australia|#FE1800|8852994403.28875, 9896140437.28971, 10233526053.788, 11497290004.4729, 11460344985.1783, 11958486330.3764, 13219348151.0421, 13407848515.6614, 14153168549.9912, 15277697993.3694, 14463517028.8449, 16976435208.3366, 17052737292.8357, 18245317597.6259, 18478686105.486, 20681558805.4138, 20798770672.734, 22764008846.5357, 22004697230.6977, 23835840500.9513, 21226949616.7187, 20120994777.9926, 20832196552.2844, 19724396439.3722, 21344804254.4811, 20226149549.7572, 23952635967.3834, 23952635967.3834, 25465623175.5257, 24730974537.9912, 24986534230.4914, 27132503819.8289, 29084798728.4984, 29428627622.6558, 31572105662.3762, 32907530603.0084, 34060643942.4412, 37092525224.43, 39873388575.5981, 40180120509.4658, 41624574999.5896, 43639052379.6818, 43527000249.1983, 42741021865.892, 42446316329.5666, 41660401101.116, 40697700396.0154, 43183725262.1087, 45110616168.3525, 47499153535.7819, 50129168451.5603, 52655121861.6832, 56361216238.935, 59133694359.1888, 60583949498.3841, 61517858753.2496, 61631070516.6842, 60390506686.3603, 55142007163.1384, 51677392436.1498, 54779154081.6068, 58867004341.4547, 62157826682.1476, 66040981714.6443, 69163157902.4293, 72846979048.5189, 75404588507.5919, 75609631576.2733, 80916530464.0436, 91088894745.1183, 102959834576.418, 106728656107.332, 103159135836.183, 98230030369.608, 94855130835.8266, 97246893447.1598, 103937933346.148, 111296875937.615, 119571461716.195, 124908308531.064, 126048609291.259, 130107011655.765, 138731703372.794, 146747165120.758, 151977639952.55, 155083990357.854, 162908368786.668, 173595930150.372, 176210867587.36, 190656228639.048, 203427459265.587, 218155239121.919, 232883018978.252, 238195939563.307, 253891020852.362, 267639632089.854, 288299533514.335, 310985398446.61, 323828453249.714, 336963225914.614, 346138307374.91, 360994276813.01, 365511386271.631, 375374493593.488, 389285560042.967, 392770338190.488, 409700517524.622, 422621137981.475, 437500424454.573, 452140962927.394, 441913279347.503, 463930921998.278, 488672426496.016, 512166423885.857, 525944850611.211, 557436611319.626, 580134355765.414, 601687354512.404, 599611940918.547, 597239516480.6, 599713509277.913, 624893002077.098, 650812896351.086, 676774360930.951, 704083056340.451, 733163981045.815, 768328000892.744, 809393257903.884, 842530812222.926, 859119398729.055, 894928877273.519, 922473383503.578, 961466141626.45, 993292834525.258, 1021849263555.74, 1062702850766.47, 1103051511550.28, 1124838758332.48, 1148585366560.69, 1177586811730.23, 1225608120588.18, 1258129188852.94, 1290827335478.96, 1306203422840.75, 1343542381865.1, 1375434715730.64, 1416606442872.4, 1448193114772.76, 1443362377776.9, 1474501352807.93, 1540253969071.32, 1572029408453.26, 1591381090471.32 1872, 1873, 1874, 1875, 1876, 1877, 1878, 1879, 1880, 1881, 1882, 1883, 1884, 1885, 1886, 1887, 1888, 1889, 1890, 1891, 1892, 1893, 1894, 1895, 1896, 1897, 1898, 1899, 1900, 1901, 1902, 1903, 1904, 1905, 1906, 1907, 1908, 1909, 1910, 1911, 1912, 1913, 1914, 1915, 1916, 1917, 1918, 1919, 1920, 1921, 1922, 1923, 1924, 1925, 1926, 1927, 1928, 1929, 1930, 1931, 1932, 1933, 1934, 1935, 1936, 1937, 1938, 1939, 1940, 1941, 1942, 1943, 1944, 1945, 1946, 1947, 1948, 1949, 1950, 1951, 1952, 1953, 1954, 1955, 1956, 1957, 1958, 1959, 1960, 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, 2021, 2022, 2023, 2024,








 





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Economic Indicators: Australia 2021 2022 2023 2024
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
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, 2015) 1,523 1,587 1,642 1,662
Real GDP per Capita (US$, 2015) 59,277 61,010 61,584 61,648
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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