Annual simplified non-financial accounts by institutional sector in Australia
Australia: Annual simplified non-financial accounts by institutional sector was 1.16 million National currency in 2024. ◆ Volatile
Annual simplified non-financial accounts by institutional sector in Australia, 1959–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
In 2024, annual simplified non-financial accounts by institutional sector in Australia stood at 1.16 million National currency. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 1.0% on the previous year and up 70.3% over ten years.
Over the whole period, annual simplified non-financial accounts by institutional sector in Australia peaked at 1.16 million National currency in 2024 and was at its lowest, 7,684 National currency, in 1959.
That places Australia 18th out of 33 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual simplified non-financial accounts by institutional sector in Australia, year by year
| Year | National currency | Change |
|---|---|---|
| 1959 | 7,684 National currency | — |
| 1960 | 7,907 National currency | +2.9% |
| 1961 | 7,957 National currency | +0.6% |
| 1962 | 8,696 National currency | +9.3% |
| 1963 | 9,829 National currency | +13.0% |
| 1964 | 10,378 National currency | +5.6% |
| 1965 | 10,385 National currency | +0.1% |
| 1966 | 11,784 National currency | +13.5% |
| 1967 | 12,455 National currency | +5.7% |
| 1968 | 14,099 National currency | +13.2% |
| 1969 | 16,047 National currency | +13.8% |
| 1970 | 16,613 National currency | +3.5% |
| 1971 | 18,191 National currency | +9.5% |
| 1972 | 20,655 National currency | +13.5% |
| 1973 | 24,159 National currency | +17.0% |
| 1974 | 25,073 National currency | +3.8% |
| 1975 | 29,405 National currency | +17.3% |
| 1976 | 34,685 National currency | +18.0% |
| 1977 | 37,576 National currency | +8.3% |
| 1978 | 45,481 National currency | +21.0% |
| 1979 | 52,836 National currency | +16.2% |
| 1980 | 58,673 National currency | +11.0% |
| 1981 | 64,705 National currency | +10.3% |
| 1982 | 67,369 National currency | +4.1% |
| 1983 | 83,223 National currency | +23.5% |
| 1984 | 91,730 National currency | +10.2% |
| 1985 | 102,046 National currency | +11.2% |
| 1986 | 113,847 National currency | +11.6% |
| 1987 | 133,563 National currency | +17.3% |
| 1988 | 153,950 National currency | +15.3% |
| 1989 | 165,236 National currency | +7.3% |
| 1990 | 165,723 National currency | +0.3% |
| 1991 | 169,392 National currency | +2.2% |
| 1992 | 183,691 National currency | +8.4% |
| 1993 | 194,030 National currency | +5.6% |
| 1994 | 202,047 National currency | +4.1% |
| 1995 | 213,780 National currency | +5.8% |
| 1996 | 220,420 National currency | +3.1% |
| 1997 | 238,318 National currency | +8.1% |
| 1998 | 248,174 National currency | +4.1% |
| 1999 | 267,506 National currency | +7.8% |
| 2000 | 280,811 National currency | +5.0% |
| 2001 | 308,003 National currency | +9.7% |
| 2002 | 324,205 National currency | +5.3% |
| 2003 | 352,382 National currency | +8.7% |
| 2004 | 380,342 National currency | +7.9% |
| 2005 | 416,182 National currency | +9.4% |
| 2006 | 453,739 National currency | +9.0% |
| 2007 | 491,257 National currency | +8.3% |
| 2008 | 555,356 National currency | +13.0% |
| 2009 | 565,882 National currency | +1.9% |
| 2010 | 618,055 National currency | +9.2% |
| 2011 | 652,125 National currency | +5.5% |
| 2012 | 656,071 National currency | +0.6% |
| 2013 | 682,486 National currency | +4.0% |
| 2014 | 682,086 National currency | -0.1% |
| 2015 | 679,465 National currency | -0.4% |
| 2016 | 751,852 National currency | +10.7% |
| 2017 | 785,202 National currency | +4.4% |
| 2018 | 838,933 National currency | +6.8% |
| 2019 | 888,964 National currency | +6.0% |
| 2020 | 965,156 National currency | +8.6% |
| 2021 | 1.06 million National currency | +9.8% |
| 2022 | 1.16 million National currency | +9.2% |
| 2023 | 1.15 million National currency | -0.5% |
| 2024 | 1.16 million National currency | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 7,684 National currency | 7,684 National currency | 7,684 National currency | 1 |
| 1960s | 10,954 National currency | 7,907 National currency | 16,047 National currency | 10 |
| 1970s | 30,467 National currency | 16,613 National currency | 52,836 National currency | 10 |
| 1980s | 103,434 National currency | 58,673 National currency | 165,236 National currency | 10 |
| 1990s | 210,308 National currency | 165,723 National currency | 267,506 National currency | 10 |
| 2000s | 412,816 National currency | 280,811 National currency | 565,882 National currency | 10 |
| 2010s | 723,524 National currency | 618,055 National currency | 888,964 National currency | 10 |
| 2020s | 1.10 million National currency | 965,156 National currency | 1.16 million National currency | 5 |
Countries ranked near Australia
- 15 Iceland 1.56 million National currency compare
- 16 Canada 1.30 million National currency compare
- 17 United Kingdom of Great Britain and Northern Ireland 1.16 million National currency compare
- 19 Denmark 1.16 million National currency compare
- 20 Italy 1.08 million National currency compare
- 21 France 1.03 million National currency 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.07 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2211 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 14,399 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -71.33 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -70.96 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 15.45 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.035 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 2,281 current LCU per person (2025)
Frequently asked questions
- What is annual simplified non-financial accounts by institutional sector in Australia?
- Annual simplified non-financial accounts by institutional sector in Australia was 1.16 million National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual simplified non-financial accounts by institutional sector recorded in Australia?
- The highest recorded value was 1.16 million National currency in 2024.
- What is the lowest annual simplified non-financial accounts by institutional sector recorded in Australia?
- The lowest recorded value was 7,684 National currency in 1959.
- How does Australia rank for annual simplified non-financial accounts by institutional sector?
- Australia ranks 18th out of 33 countries with data for 2024.
- Is annual simplified non-financial accounts by institutional sector rising or falling in Australia?
- Over the last ten years it is up 70.3%. 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 simplified non-financial accounts by institutional sector (Balancing items) — Operating surplus and mixed income, gross. Statizoid updates them automatically from the source API.
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About this data
This table presents the balancing items for a simplified sequence of non-financial accounts from the generation of income account to the capital account. This table is designed to be used in conjunction with the tables entitled ‘Annual simplified non-financial accounts by institutional sector (Expenditure)’ and ‘Annual simplified non-financial accounts by institutional sector (Revenue)’. The data is presented for the economy of each country (or area) as a whole and also for Corporations (both non-financial and financial), General Government, and Households and non-profit institutions serving households (NPISHs). The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare an item for combinations of sectors, countries and time periods. These indicators were presented in the previous dissemination system in the SNA_TABLE13 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