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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Australia GDP

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.
Actual Previous Highest Lowest Dates Unit Frequency
1552.67 1326.90 1576.38 18.61 1960 - 2021 USD Billion Yearly
Current USD
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