Annual net national income per capita, US $, current prices, current in Australia
Australia: Annual net national income per capita, US $, current prices, current was 59,174 US dollars per person, PPP converted in 2024. ◆ Volatile
Latest (2024)
59,174 US dollars per person, PPP converted
Change on year
down 0.0%
World rank
9th
of 31 countries
All-time high
59,179 US dollars per person, PPP converted
in 2023
All-time low
1,985 US dollars per person, PPP converted
in 1961
Years of data
65
1960–2024
Annual net national income per capita, US $, current prices, current in Australia, 1960–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars per person, PPP converted.
Analysis
In 2024, annual net national income per capita, us $, current prices, current in Australia stood at 59,174 US dollars per person, PPP converted.
The figure is up 53.9% over ten years.
Over the whole period, annual net national income per capita, us $, current prices, current in Australia peaked at 59,179 US dollars per person, PPP converted in 2023 and was at its lowest, 1,985 US dollars per person, PPP converted, in 1961.
Australia ranks 9th of 31 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 net national income per capita, US $, current prices, current in Australia, year by year
| Year | US dollars per person, PPP converted | Change |
|---|---|---|
| 1960 | 2,002 US dollars per person, PPP converted | — |
| 1961 | 1,985 US dollars per person, PPP converted | -0.8% |
| 1962 | 2,138 US dollars per person, PPP converted | +7.7% |
| 1963 | 2,297 US dollars per person, PPP converted | +7.4% |
| 1964 | 2,415 US dollars per person, PPP converted | +5.1% |
| 1965 | 2,485 US dollars per person, PPP converted | +2.9% |
| 1966 | 2,708 US dollars per person, PPP converted | +9.0% |
| 1967 | 2,829 US dollars per person, PPP converted | +4.5% |
| 1968 | 3,158 US dollars per person, PPP converted | +11.6% |
| 1969 | 3,437 US dollars per person, PPP converted | +8.8% |
| 1970 | 3,825 US dollars per person, PPP converted | +11.3% |
| 1971 | 4,025 US dollars per person, PPP converted | +5.2% |
| 1972 | 4,374 US dollars per person, PPP converted | +8.7% |
| 1973 | 4,860 US dollars per person, PPP converted | +11.1% |
| 1974 | 5,314 US dollars per person, PPP converted | +9.4% |
| 1975 | 5,879 US dollars per person, PPP converted | +10.6% |
| 1976 | 6,241 US dollars per person, PPP converted | +6.2% |
| 1977 | 6,447 US dollars per person, PPP converted | +3.3% |
| 1978 | 7,165 US dollars per person, PPP converted | +11.1% |
| 1979 | 7,916 US dollars per person, PPP converted | +10.5% |
| 1980 | 8,843 US dollars per person, PPP converted | +11.7% |
| 1981 | 9,907 US dollars per person, PPP converted | +12.0% |
| 1982 | 9,972 US dollars per person, PPP converted | +0.7% |
| 1983 | 10,602 US dollars per person, PPP converted | +6.3% |
| 1984 | 11,285 US dollars per person, PPP converted | +6.4% |
| 1985 | 11,894 US dollars per person, PPP converted | +5.4% |
| 1986 | 12,150 US dollars per person, PPP converted | +2.2% |
| 1987 | 13,063 US dollars per person, PPP converted | +7.5% |
| 1988 | 13,848 US dollars per person, PPP converted | +6.0% |
| 1989 | 14,281 US dollars per person, PPP converted | +3.1% |
| 1990 | 14,110 US dollars per person, PPP converted | -1.2% |
| 1991 | 14,370 US dollars per person, PPP converted | +1.8% |
| 1992 | 15,354 US dollars per person, PPP converted | +6.8% |
| 1993 | 16,252 US dollars per person, PPP converted | +5.8% |
| 1994 | 17,067 US dollars per person, PPP converted | +5.0% |
| 1995 | 17,954 US dollars per person, PPP converted | +5.2% |
| 1996 | 18,766 US dollars per person, PPP converted | +4.5% |
| 1997 | 19,724 US dollars per person, PPP converted | +5.1% |
| 1998 | 20,706 US dollars per person, PPP converted | +5.0% |
| 1999 | 21,980 US dollars per person, PPP converted | +6.1% |
| 2000 | 22,854 US dollars per person, PPP converted | +4.0% |
| 2001 | 23,899 US dollars per person, PPP converted | +4.6% |
| 2002 | 24,938 US dollars per person, PPP converted | +4.3% |
| 2003 | 26,288 US dollars per person, PPP converted | +5.4% |
| 2004 | 27,258 US dollars per person, PPP converted | +3.7% |
| 2005 | 28,511 US dollars per person, PPP converted | +4.6% |
| 2006 | 30,113 US dollars per person, PPP converted | +5.6% |
| 2007 | 31,705 US dollars per person, PPP converted | +5.3% |
| 2008 | 32,283 US dollars per person, PPP converted | +1.8% |
| 2009 | 33,275 US dollars per person, PPP converted | +3.1% |
| 2010 | 34,381 US dollars per person, PPP converted | +3.3% |
| 2011 | 36,227 US dollars per person, PPP converted | +5.4% |
| 2012 | 35,840 US dollars per person, PPP converted | -1.1% |
| 2013 | 38,728 US dollars per person, PPP converted | +8.1% |
| 2014 | 38,439 US dollars per person, PPP converted | -0.7% |
| 2015 | 37,682 US dollars per person, PPP converted | -2.0% |
| 2016 | 40,074 US dollars per person, PPP converted | +6.3% |
| 2017 | 40,361 US dollars per person, PPP converted | +0.7% |
| 2018 | 42,260 US dollars per person, PPP converted | +4.7% |
| 2019 | 43,016 US dollars per person, PPP converted | +1.8% |
| 2020 | 46,315 US dollars per person, PPP converted | +7.7% |
| 2021 | 51,432 US dollars per person, PPP converted | +11.0% |
| 2022 | 57,070 US dollars per person, PPP converted | +11.0% |
| 2023 | 59,179 US dollars per person, PPP converted | +3.7% |
| 2024 | 59,174 US dollars per person, PPP converted | -0.0% |
Australia compared with similar countries
- Australia's 59,174 US dollars per person, PPP converted is above the median for high income countries, which is 51,659 US dollars per person, PPP converted, 1.1× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2,545 US dollars per person, PPP converted | 1,985 US dollars per person, PPP converted | 3,437 US dollars per person, PPP converted | 10 |
| 1970s | 5,605 US dollars per person, PPP converted | 3,825 US dollars per person, PPP converted | 7,916 US dollars per person, PPP converted | 10 |
| 1980s | 11,585 US dollars per person, PPP converted | 8,843 US dollars per person, PPP converted | 14,281 US dollars per person, PPP converted | 10 |
| 1990s | 17,628 US dollars per person, PPP converted | 14,110 US dollars per person, PPP converted | 21,980 US dollars per person, PPP converted | 10 |
| 2000s | 28,112 US dollars per person, PPP converted | 22,854 US dollars per person, PPP converted | 33,275 US dollars per person, PPP converted | 10 |
| 2010s | 38,701 US dollars per person, PPP converted | 34,381 US dollars per person, PPP converted | 43,016 US dollars per person, PPP converted | 10 |
| 2020s | 54,634 US dollars per person, PPP converted | 46,315 US dollars per person, PPP converted | 59,179 US dollars per person, PPP converted | 5 |
Countries ranked near Australia
- 6 Germany 62,630 US dollars per person, PPP converted compare
- 6 Lithuania 47,104 US dollars per person, PPP converted compare
- 7 Belgium 61,208 US dollars per person, PPP converted compare
- 7 Slovenia 46,422 US dollars per person, PPP converted compare
- 8 Austria 59,759 US dollars per person, PPP converted compare
- 8 Poland 42,884 US dollars per person, PPP converted compare
- 9 Estonia 40,722 US dollars per person, PPP converted compare
- 10 Canada 54,992 US dollars per person, PPP converted compare
- 10 Türkiye 35,030 US dollars per person, PPP converted compare
- 11 Finland 53,084 US dollars per person, PPP converted compare
- 11 Latvia 34,818 US dollars per person, PPP converted compare
- 12 United Kingdom of Great Britain and Northern Ireland 52,778 US dollars per person, PPP converted compare
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 net national income per capita, us $, current prices, current in Australia?
- Annual net national income per capita, us $, current prices, current in Australia was 59,174 US dollars per person, PPP converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual net national income per capita, us $, current prices, current recorded in Australia?
- The highest recorded value was 59,179 US dollars per person, PPP converted in 2023.
- What is the lowest annual net national income per capita, us $, current prices, current recorded in Australia?
- The lowest recorded value was 1,985 US dollars per person, PPP converted in 1961.
- How does Australia rank for annual net national income per capita, us $, current prices, current?
- Australia ranks 9th out of 31 countries with data for 2024.
- Is annual net national income per capita, us $, current prices, current rising or falling in Australia?
- Over the last ten years it is up 53.9%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual net national income per capita, US $, current prices, current PPPs — Balance of primary incomes, net / National income, net, per capita. Statizoid updates them automatically from the source API.
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About this data
This table presents countries' annual Net National Income (NNI) per capita. The data is in current prices and is converted to US dollars using Purchasing Power Parities (PPPs). NNI is calculated by deducting the consumption of fixed capital (depreciation) from Gross National Income (GNI). GNI is calculated by adding to Gross Domestic Product (GDP) any flows to the domestic economy from other countries of compensation of employees (wages and salaries and employers’ social contributions), property income (e.g. interest and dividends) and taxes less subsidies on production; and by deducting from GDP the equivalent flows from the domestic economy to other countries. The indicators were presented in the previous dissemination system in the SNA_TABLE2 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org