Name: Australia GDP
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Australia,GDP,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

The Gross Domestic Product (GDP) in Australia was worth 1552.67 billion US dollars in 2021, according to official data from the World Bank. The GDP value of Australia represents 0.70 percent of the world economy. source: World Bank

GDP in Australia averaged 483.27 USD Billion from 1960 until 2021, reaching an all time high of 1576.38 USD Billion in 2013 and a record low of 18.61 USD Billion in 1960. This page provides - Australia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia GDP - values, historical data and charts - was last updated on June of 2023.

GDP in Australia is expected to reach 1571.00 USD Billion by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia GDP is projected to trend around 1598.00 USD Billion in 2024 and 1630.00 USD Billion in 2025, according to our econometric models.

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Related	Last	Previous	Unit	Reference
GDP	1552.67	1326.90	USD Billion	Dec 2021
GDP per Capita	59341.24	58117.45	USD	Dec 2021
GDP per Capita PPP	49774.34	48747.85	USD	Dec 2021
GDP from Utilities	11708.00	11535.00	AUD Million	Mar 2023
GDP from Public Administration	28806.00	28567.00	AUD Million	Mar 2023
GDP from Mining	58052.00	58249.00	AUD Million	Mar 2023
GDP from Manufacturing	29581.00	28895.00	AUD Million	Mar 2023
GDP from Construction	39422.00	39360.00	AUD Million	Mar 2023
GDP from Agriculture	14232.00	14254.00	AUD Million	Mar 2023

Australia GDP

The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.