Annual net national: Balance of primary incomes, net / … volume in Australia
Australia: Annual net national: Balance of primary incomes, net / … volume was 47,271 US dollars per person, PPP converted in 2024. ▲ Rising
Latest (2024)
47,271 US dollars per person, PPP converted
Change on year
down 1.1%
World rank
9th
of 27 countries
All-time high
48,963 US dollars per person, PPP converted
in 2022
All-time low
13,916 US dollars per person, PPP converted
in 1961
Years of data
66
1959–2024
Annual net national income per capita, US $, volume, constant PPPs in Australia, 1959–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars per person, PPP converted.
Analysis
Australia recorded 47,271 US dollars per person, PPP converted for annual net national income per capita, us $, volume, constant ppps in 2024.
That represents a change of down 1.1% on the previous year and up 11.4% over ten years.
Over the whole period, annual net national income per capita, us $, volume, constant ppps in Australia peaked at 48,963 US dollars per person, PPP converted in 2022 and was at its lowest, 13,916 US dollars per person, PPP converted, in 1961.
That places Australia 9th out of 27 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Annual net national: Balance of primary incomes, net / … volume in Australia, year by year
| Year | US dollars per person, PPP converted | Change |
|---|---|---|
| 1959 | 14,057 US dollars per person, PPP converted | — |
| 1960 | 13,999 US dollars per person, PPP converted | -0.4% |
| 1961 | 13,916 US dollars per person, PPP converted | -0.6% |
| 1962 | 14,489 US dollars per person, PPP converted | +4.1% |
| 1963 | 15,510 US dollars per person, PPP converted | +7.0% |
| 1964 | 15,962 US dollars per person, PPP converted | +2.9% |
| 1965 | 15,942 US dollars per person, PPP converted | -0.1% |
| 1966 | 16,633 US dollars per person, PPP converted | +4.3% |
| 1967 | 16,966 US dollars per person, PPP converted | +2.0% |
| 1968 | 17,949 US dollars per person, PPP converted | +5.8% |
| 1969 | 18,717 US dollars per person, PPP converted | +4.3% |
| 1970 | 19,059 US dollars per person, PPP converted | +1.8% |
| 1971 | 18,976 US dollars per person, PPP converted | -0.4% |
| 1972 | 19,878 US dollars per person, PPP converted | +4.8% |
| 1973 | 20,556 US dollars per person, PPP converted | +3.4% |
| 1974 | 19,873 US dollars per person, PPP converted | -3.3% |
| 1975 | 19,742 US dollars per person, PPP converted | -0.7% |
| 1976 | 20,230 US dollars per person, PPP converted | +2.5% |
| 1977 | 19,914 US dollars per person, PPP converted | -1.6% |
| 1978 | 20,794 US dollars per person, PPP converted | +4.4% |
| 1979 | 21,252 US dollars per person, PPP converted | +2.2% |
| 1980 | 21,820 US dollars per person, PPP converted | +2.7% |
| 1981 | 22,253 US dollars per person, PPP converted | +2.0% |
| 1982 | 21,507 US dollars per person, PPP converted | -3.4% |
| 1983 | 22,356 US dollars per person, PPP converted | +3.9% |
| 1984 | 22,942 US dollars per person, PPP converted | +2.6% |
| 1985 | 23,029 US dollars per person, PPP converted | +0.4% |
| 1986 | 22,828 US dollars per person, PPP converted | -0.9% |
| 1987 | 24,200 US dollars per person, PPP converted | +6.0% |
| 1988 | 25,204 US dollars per person, PPP converted | +4.1% |
| 1989 | 25,439 US dollars per person, PPP converted | +0.9% |
| 1990 | 24,444 US dollars per person, PPP converted | -3.9% |
| 1991 | 24,094 US dollars per person, PPP converted | -1.4% |
| 1992 | 24,949 US dollars per person, PPP converted | +3.5% |
| 1993 | 25,697 US dollars per person, PPP converted | +3.0% |
| 1994 | 26,323 US dollars per person, PPP converted | +2.4% |
| 1995 | 27,321 US dollars per person, PPP converted | +3.8% |
| 1996 | 28,426 US dollars per person, PPP converted | +4.0% |
| 1997 | 29,376 US dollars per person, PPP converted | +3.3% |
| 1998 | 30,241 US dollars per person, PPP converted | +2.9% |
| 1999 | 31,470 US dollars per person, PPP converted | +4.1% |
| 2000 | 31,750 US dollars per person, PPP converted | +0.9% |
| 2001 | 32,776 US dollars per person, PPP converted | +3.2% |
| 2002 | 33,571 US dollars per person, PPP converted | +2.4% |
| 2003 | 35,294 US dollars per person, PPP converted | +5.1% |
| 2004 | 36,170 US dollars per person, PPP converted | +2.5% |
| 2005 | 37,327 US dollars per person, PPP converted | +3.2% |
| 2006 | 38,521 US dollars per person, PPP converted | +3.2% |
| 2007 | 39,944 US dollars per person, PPP converted | +3.7% |
| 2008 | 40,743 US dollars per person, PPP converted | +2.0% |
| 2009 | 40,212 US dollars per person, PPP converted | -1.3% |
| 2010 | 42,359 US dollars per person, PPP converted | +5.3% |
| 2011 | 44,114 US dollars per person, PPP converted | +4.1% |
| 2012 | 43,620 US dollars per person, PPP converted | -1.1% |
| 2013 | 43,325 US dollars per person, PPP converted | -0.7% |
| 2014 | 42,450 US dollars per person, PPP converted | -2.0% |
| 2015 | 41,616 US dollars per person, PPP converted | -2.0% |
| 2016 | 43,200 US dollars per person, PPP converted | +3.8% |
| 2017 | 43,704 US dollars per person, PPP converted | +1.2% |
| 2018 | 44,613 US dollars per person, PPP converted | +2.1% |
| 2019 | 44,342 US dollars per person, PPP converted | -0.6% |
| 2020 | 46,315 US dollars per person, PPP converted | +4.5% |
| 2021 | 48,238 US dollars per person, PPP converted | +4.2% |
| 2022 | 48,963 US dollars per person, PPP converted | +1.5% |
| 2023 | 47,816 US dollars per person, PPP converted | -2.3% |
| 2024 | 47,271 US dollars per person, PPP converted | -1.1% |
Australia compared with similar countries
- Australia's 47,271 US dollars per person, PPP converted is above the median for high income countries, which is 43,031 US dollars per person, PPP converted, 1.1× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 14,057 US dollars per person, PPP converted | 14,057 US dollars per person, PPP converted | 14,057 US dollars per person, PPP converted | 1 |
| 1960s | 16,008 US dollars per person, PPP converted | 13,916 US dollars per person, PPP converted | 18,717 US dollars per person, PPP converted | 10 |
| 1970s | 20,027 US dollars per person, PPP converted | 18,976 US dollars per person, PPP converted | 21,252 US dollars per person, PPP converted | 10 |
| 1980s | 23,158 US dollars per person, PPP converted | 21,507 US dollars per person, PPP converted | 25,439 US dollars per person, PPP converted | 10 |
| 1990s | 27,234 US dollars per person, PPP converted | 24,094 US dollars per person, PPP converted | 31,470 US dollars per person, PPP converted | 10 |
| 2000s | 36,631 US dollars per person, PPP converted | 31,750 US dollars per person, PPP converted | 40,743 US dollars per person, PPP converted | 10 |
| 2010s | 43,334 US dollars per person, PPP converted | 41,616 US dollars per person, PPP converted | 44,613 US dollars per person, PPP converted | 10 |
| 2020s | 47,721 US dollars per person, PPP converted | 46,315 US dollars per person, PPP converted | 48,963 US dollars per person, PPP converted | 5 |
Countries ranked near Australia
- 6 Lithuania 36,740 US dollars per person, PPP converted compare
- 6 Germany 50,741 US dollars per person, PPP converted compare
- 7 Poland 36,061 US dollars per person, PPP converted compare
- 7 Belgium 49,466 US dollars per person, PPP converted compare
- 8 Austria 47,610 US dollars per person, PPP converted compare
- 8 Estonia 33,783 US dollars per person, PPP converted compare
- 9 Latvia 28,471 US dollars per person, PPP converted compare
- 10 United Kingdom 45,398 US dollars per person, PPP converted compare
- 11 France 45,046 US dollars per person, PPP converted compare
- 12 Canada 43,948 US dollars per person, PPP converted compare
More economy & growth data for Australia
- Real gdp growth, annual growth rate 96.31 % change on previous year (2025)
- 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)
- 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 net national income per capita, us $, volume, constant ppps in Australia?
- Annual net national income per capita, us $, volume, constant ppps in Australia was 47,271 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 $, volume, constant ppps recorded in Australia?
- The highest recorded value was 48,963 US dollars per person, PPP converted in 2022.
- What is the lowest annual net national income per capita, us $, volume, constant ppps recorded in Australia?
- The lowest recorded value was 13,916 US dollars per person, PPP converted in 1961.
- How does Australia rank for annual net national income per capita, us $, volume, constant ppps?
- Australia ranks 9th out of 27 countries with data for 2024.
- Is annual net national income per capita, us $, volume, constant ppps rising or falling in Australia?
- Over the last ten years it is up 11.4%. The long-run trend across the full record is rising.
- 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 $, volume, constant PPPs, reference year 2020 — 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 US dollars converted using Purchasing Power Parities (PPPs) and in constant prices (chain linked volumes rebased to 2020). 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