Australia GDP: $1.662 Trillion

GROSS DOMESTIC PRODUCT (CONSTANT PRICES: 2015)

Australia GDP Forecast: $1.662 Trillion in 2024, $1.697 Trillion projected for 2025 (Constant 2015 Prices).

GDP in Australia is estimated to be $1.662 Trillion US dollars at the end of 2024 in Real GDP terms.

Looking ahead to 2025, projections suggest Australia's 2025 GDP estimate could be $1.697 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 5.0% 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 (US$): Australia


Source: World Bank, World Economics
Notes: 2015 Constant Prices
0 0 0 Australia|#FE1800|212347394915.947, 225547290344.075, 241290865664.326, 255720398204.709, 261804000641.526, 278310424154.664, 292486739692.211, 313093232453.285, 335559847086.201, 348984184857.752, 362631046662.097, 372130520889.694, 387414341096.21, 392589303732.447, 402751234563.422, 417230643180.121, 420958560166.314, 438009144460.798, 451305594857.179, 466379040331.542, 481887942318.357, 471169061968.518, 492813360779.094, 518826292325.462, 539404649863.998, 553211370887.306, 585064279420.793, 607725922300.842, 629466776079.67, 627060575115.855, 629746209994.416, 655230327244.458, 681311039099.666, 707786283507.272, 735134359250.41, 763901984857.931, 799524373774.542, 839721933537.844, 872651653770.258, 890323770708.066, 925754967998.798, 954367849882.364, 994683066030.821, 1026057036344.3, 1054328458936.16, 1094111663603.91, 1133349428616.57, 1154798699180.01, 1180435002406.5, 1208849019421.68, 1256196122893.84, 1288884775424.06, 1322334997273.41, 1351296372254.31, 1388583854795.63, 1420237898460.73, 1461119016244.31, 1492847874023.89, 1491062566266.52, 1522541404227.63, 1587133480804.53, 1641762491418.85, 1661972587688.21 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 (US$ Billions, 2010) 1,523 1,587 1,642 1,662
Real GDP per Capita (US$, 2010) 59,277 61,010 61,584 61,648
Current GDP (Billions, US$) 1,557 1,691 1,728 1,749
Current GDP per Capita (US$) 60,608 64,997 64,821 64,888
Real GDP PPP (Billions, 2017) 1,475 1,540 1,572 1,591
Real GDP per Capita PPP (int$ 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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