Australia vs Korea: Gross domestic product (GDP), Current prices, US dollar
Australia
2.59 trillion
in 2031
Korea
2.36 trillion
in 2031
Australia rank
3rd
Korea rank
5th
Gross domestic product (GDP), Current prices, US dollar over time
- Australia
- Korea
How they compare
Australia currently reports 2.59 trillion against 2.36 trillion in Korea, a difference of 232.92 billion.
That makes Australia's figure about 1.1 times Korea's.
The two have swapped places 4 times across 52 shared years of data; in 1980 it was Australia ahead.
Australia ranks 3rd and Korea ranks 5th of 26 countries.
Across the 6 decades both report, Australia averaged higher in 2 and Korea in 4.
Head to head by decade
| Decade | Australia | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 206.61 billion | 124.58 billion | 82.03 billion | Australia |
| 1990s | 365.86 billion | 460.44 billion | 94.58 billion | Korea |
| 2000s | 694.61 billion | 872.95 billion | 178.34 billion | Korea |
| 2010s | 1.41 trillion | 1.52 trillion | 117.78 billion | Korea |
| 2020s | 1.92 trillion | 1.93 trillion | 14.17 billion | Korea |
| 2030s | 2.54 trillion | 2.31 trillion | 224.98 billion | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), current prices, us dollar, Australia or Korea?
- Australia, at 2.59 trillion against 2.36 trillion in Korea as of 2031.
- What is the difference in gross domestic product (gdp), current prices, us dollar between Australia and Korea?
- 232.92 billion, with Australia ahead.
- How many years of comparable data are there for Australia and Korea?
- 52 years are reported by both, from 1980 to 2031.
- How do Australia and Korea rank globally for gross domestic product (gdp), current prices, us dollar?
- Australia ranks 3rd and Korea ranks 5th of 26 countries.
- Where does this data come from?
- International Monetary Fund, published as Gross domestic product (GDP), Current prices, US dollar (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.