Annual growth rate of real GDP per capita (%) in Australia
Australia: Annual growth rate of real GDP per capita (%) was 0.1% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Australia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth rate of real gdp per capita in Australia stood at 0.1%.
That represents a change of down 80.0% on the previous year and down 83.3% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Australia peaked at 3.4% in 2021 and was at its lowest, -1.5%, in 2019.
Australia ranks 182nd of 228 countries on this measure, 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, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 0.8% | — |
| 2001 | 2.7% | +237.5% |
| 2002 | 1.9% | -29.6% |
| 2003 | 3.0% | +57.9% |
| 2004 | 2.0% | -33.3% |
| 2005 | 1.5% | -25.0% |
| 2006 | 2.3% | +53.3% |
| 2007 | 1.8% | -21.7% |
| 2008 | -0.1% | -105.6% |
| 2009 | 0.3% | -400.0% |
| 2010 | 0.7% | +133.3% |
| 2011 | 2.4% | +242.9% |
| 2012 | 0.9% | -62.5% |
| 2013 | 0.9% | +0.0% |
| 2014 | 0.6% | -33.3% |
| 2015 | 1.2% | +100.0% |
| 2016 | 0.7% | -41.7% |
| 2017 | 1.2% | +71.4% |
| 2018 | 0.6% | -50.0% |
| 2019 | -1.5% | -350.0% |
| 2020 | 1.1% | -173.3% |
| 2021 | 3.4% | +209.1% |
| 2022 | 2.5% | -26.5% |
| 2023 | 0.5% | -80.0% |
| 2024 | 0.1% | -80.0% |
Australia compared with similar countries
- Australia's 0.1% is below the median for high income countries, which is 1.4%, 7% of the median. (74 countries reporting)
- Australia's 0.1% is below the median for East Asia & Pacific, which is 2.8%, 4% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.6% | -0.1% | 3.0% | 10 |
| 2010s | 0.8% | -1.5% | 2.4% | 10 |
| 2020s | 1.5% | 0.1% | 3.4% | 5 |
Countries ranked near Australia
More economy & growth data for Australia
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- SDRs holdings, US dollar, annual growth rate 15.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0083 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 537.43 units per person (2025)
- SDRs holdings, SDR, annual growth rate 10.3 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 392.43 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.82 % change on previous year (2025)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Australia?
- Annual growth rate of real gdp per capita in Australia 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?
- The highest recorded value was 3.4% in 2021.
- What is the lowest annual growth rate of real gdp per capita recorded in Australia?
- The lowest recorded value was -1.5% in 2019.
- How does Australia rank for annual growth rate of real gdp per capita?
- Australia ranks 182nd out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Australia?
- Over the last ten years it is down 83.3%. The long-run trend across the full record is volatile.
- Where does this Australia 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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