Annual growth rate of real GDP per capita (%) in Australia and New Zealand
Australia and New Zealand: Annual growth rate of real GDP per capita (%) was -0.1% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Australia and New Zealand, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Australia and New Zealand recorded -0.1% for annual growth rate of real gdp per capita in 2024.
The figure is down 120.0% on the previous year and down 112.5% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Australia and New Zealand peaked at 3.5% in 2021 and was at its lowest, -1.3%, in 2019.
That places Australia and New Zealand 188th out of 228 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita (%) in Australia and New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.0% | — |
| 2001 | 2.8% | +180.0% |
| 2002 | 2.1% | -25.0% |
| 2003 | 3.0% | +42.9% |
| 2004 | 1.9% | -36.7% |
| 2005 | 1.6% | -15.8% |
| 2006 | 2.1% | +31.2% |
| 2007 | 1.9% | -9.5% |
| 2008 | -0.3% | -115.8% |
| 2009 | 0.4% | -233.3% |
| 2010 | 0.7% | +75.0% |
| 2011 | 2.3% | +228.6% |
| 2012 | 1.1% | -52.2% |
| 2013 | 0.9% | -18.2% |
| 2014 | 0.8% | -11.1% |
| 2015 | 1.3% | +62.5% |
| 2016 | 0.8% | -38.5% |
| 2017 | 1.3% | +62.5% |
| 2018 | 0.8% | -38.5% |
| 2019 | -1.3% | -262.5% |
| 2020 | 0.7% | -153.8% |
| 2021 | 3.5% | +400.0% |
| 2022 | 2.6% | -25.7% |
| 2023 | 0.5% | -80.8% |
| 2024 | -0.1% | -120.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.6% | -0.3% | 3.0% | 10 |
| 2010s | 0.9% | -1.3% | 2.3% | 10 |
| 2020s | 1.4% | -0.1% | 3.5% | 5 |
Countries ranked near Australia and New Zealand
More economy & growth data for Australia and New Zealand
- Gross Domestic Product — Value US$, 2015 prices 1.74 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 3.22 % (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 1.97 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 2.86 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 3.22 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 1.23 % change on previous year (2024)
- Gross Domestic Product — Value US$ 2.09 million million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 4.44 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 7.42 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.44 % (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Australia and New Zealand?
- Annual growth rate of real gdp per capita in Australia and New Zealand was -0.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Australia and New Zealand?
- The highest recorded value was 3.5% in 2021.
- What is the lowest annual growth rate of real gdp per capita recorded in Australia and New Zealand?
- The lowest recorded value was -1.3% in 2019.
- How does Australia and New Zealand rank for annual growth rate of real gdp per capita?
- Australia and New Zealand ranks 188th out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Australia and New Zealand?
- Over the last ten years it is down 112.5%. The long-run trend across the full record is volatile.
- Where does this Australia and New Zealand data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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