Annual growth of imports of goods and services in Australia
Australia: Annual growth of imports of goods and services was 6.3% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Australia, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of imports of goods and services in Australia stood at 6.3%.
Compared with earlier readings it is down 48.1% on the previous year and up 321.8% over ten years.
Over the whole period, annual growth of imports of goods and services in Australia peaked at 14.5% in 2008 and was at its lowest, -6.6%, in 2020.
Australia ranks 59th of 176 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Australia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 12.1% | — |
| 2001 | -1.0% | -108.0% |
| 2002 | 1.4% | -239.2% |
| 2003 | 13.2% | +877.8% |
| 2004 | 13.5% | +2.3% |
| 2005 | 12.5% | -7.4% |
| 2006 | 8.5% | -32.3% |
| 2007 | 10.4% | +22.5% |
| 2008 | 14.5% | +39.9% |
| 2009 | -3.7% | -125.6% |
| 2010 | 7.0% | -288.4% |
| 2011 | 10.4% | +49.4% |
| 2012 | 11.3% | +8.3% |
| 2013 | 0.7% | -93.5% |
| 2014 | -2.8% | -489.0% |
| 2015 | 1.6% | -157.4% |
| 2016 | 0.1% | -93.9% |
| 2017 | 5.5% | +5450.0% |
| 2018 | 7.4% | +33.5% |
| 2019 | 0.5% | -93.1% |
| 2020 | -6.6% | -1388.2% |
| 2021 | -3.1% | -53.3% |
| 2022 | 7.3% | -339.1% |
| 2023 | 12.2% | +65.5% |
| 2024 | 6.3% | -48.1% |
Australia compared with similar countries
- Australia's 6.3% is above the median for high income countries, which is 2.5%, 2.5× the median. (62 countries reporting)
- Australia's 6.3% is above the median for East Asia & Pacific, which is 6.3%, 1.0× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Annual growth of imports of goods and services in Australia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +5450.0% | 0.1% | 5.5% |
| 2020 | -1388.2% | 0.5% | -6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.1% | -3.7% | 14.5% | 10 |
| 2010s | 4.2% | -2.8% | 11.3% | 10 |
| 2020s | 3.2% | -6.6% | 12.2% | 5 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is annual growth of imports of goods and services in Australia?
- Annual growth of imports of goods and services in Australia was 6.3% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of imports of goods and services recorded in Australia?
- The highest recorded value was 14.5% in 2008.
- What is the lowest annual growth of imports of goods and services recorded in Australia?
- The lowest recorded value was -6.6% in 2020.
- How does Australia rank for annual growth of imports of goods and services?
- Australia ranks 59th out of 176 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Australia?
- Over the last ten years it is up 321.8%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).