Annual value added and its components by economic activity — Value in Australia

Australia: Annual value added and its components by economic activity — Value was 119.92 Index in 2024. ▲ Rising

Latest (2024)
119.92 Index
Change on year
up 2.3%
World rank
16th
of 33 countries
All-time high
119.92 Index
in 2024
All-time low
47.15 Index
in 1989
Years of data
36
1989–2024

Annual value added and its components by economic activity — Value in Australia, 1989–2024

02550751001251989200620241989: 47.1 Index1990: 48.1 Index1991: 49 Index1992: 50.1 Index1993: 50.5 Index1994: 51.2 Index1995: 52.5 Index1996: 53.1 Index1997: 54 Index1998: 54.2 Index1999: 55.6 Index2000: 57.5 Index2001: 59.2 Index2002: 60.9 Index2003: 62.9 Index2004: 65.7 Index2005: 69.1 Index2006: 72.6 Index2007: 76 Index2008: 80.4 Index2009: 81 Index2010: 86.3 Index2011: 88 Index2012: 87.8 Index2013: 88.6 Index2014: 87.8 Index2015: 87 Index2016: 90.4 Index2017: 92 Index2018: 95.3 Index2019: 97.1 Index2020: 100 Index2021: 107.3 Index2022: 114.4 Index2023: 117.2 Index2024: 119.9 Index

Source: Organisation for Economic Co-operation and Development. Measured in Index.

Analysis

The most recent figure for annual value added and its components by economic activity — value in Australia is 119.92 Index, measured in 2024. That is the highest value across all 36 years on record.

The figure is up 2.3% on the previous year and up 36.6% over ten years.

Over the whole period, annual value added and its components by economic activity — value in Australia peaked at 119.92 Index in 2024 and was at its lowest, 47.15 Index, in 1989.

Australia ranks 16th of 33 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 36 years of available data.

Annual value added and its components by economic activity — Value in Australia, year by year

Annual values for Annual value added and its components by economic activity — Value added, gross in Australia, 1989 to 2024.
Year Index Change
1989 47.15 Index
1990 48.07 Index +2.0%
1991 48.95 Index +1.8%
1992 50.09 Index +2.3%
1993 50.51 Index +0.8%
1994 51.22 Index +1.4%
1995 52.52 Index +2.5%
1996 53.15 Index +1.2%
1997 53.96 Index +1.5%
1998 54.21 Index +0.5%
1999 55.57 Index +2.5%
2000 57.48 Index +3.4%
2001 59.25 Index +3.1%
2002 60.92 Index +2.8%
2003 62.89 Index +3.2%
2004 65.65 Index +4.4%
2005 69.12 Index +5.3%
2006 72.64 Index +5.1%
2007 75.99 Index +4.6%
2008 80.44 Index +5.9%
2009 80.96 Index +0.6%
2010 86.26 Index +6.5%
2011 88.02 Index +2.0%
2012 87.76 Index -0.3%
2013 88.64 Index +1.0%
2014 87.8 Index -0.9%
2015 87.04 Index -0.9%
2016 90.4 Index +3.9%
2017 92.04 Index +1.8%
2018 95.32 Index +3.6%
2019 97.11 Index +1.9%
2020 100 Index +3.0%
2021 107.31 Index +7.3%
2022 114.44 Index +6.6%
2023 117.18 Index +2.4%
2024 119.92 Index +2.3%

Averages by decade

DecadeAverage LowestHighest Years
1980s 47.15 Index 47.15 Index 47.15 Index 1
1990s 51.83 Index 48.07 Index 55.57 Index 10
2000s 68.53 Index 57.48 Index 80.96 Index 10
2010s 90.04 Index 86.26 Index 97.11 Index 10
2020s 111.77 Index 100 Index 119.92 Index 5

Countries ranked near Australia

  1. 13 Mexico 121.11 Index compare
  2. 14 Cameroon 120.57 Index compare
  3. 15 Germany 120.31 Index compare
  4. 17 Austria 119.43 Index compare
  5. 18 United States of America 119.1 Index compare
  6. 19 Sweden 118.83 Index compare

See the full ranking of 44 places →

More economy & growth data for Australia

All data for Australia →

Frequently asked questions

What is annual value added and its components by economic activity — value in Australia?
Annual value added and its components by economic activity — value in Australia was 119.92 Index in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest annual value added and its components by economic activity — value recorded in Australia?
The highest recorded value was 119.92 Index in 2024.
What is the lowest annual value added and its components by economic activity — value recorded in Australia?
The lowest recorded value was 47.15 Index in 1989.
How does Australia rank for annual value added and its components by economic activity — value?
Australia ranks 16th out of 33 countries with data for 2024.
Is annual value added and its components by economic activity — value rising or falling in Australia?
Over the last ten years it is up 36.6%. 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 value added and its components by economic activity — Value added, gross. Statizoid updates them automatically from the source API.

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Annual value added and its components by economic activity — Value in Australia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 25 August 2026, from https://economy.statizoid.com/stat/annual-value-added-and-its-components-by-economic-activity-value-added-gross/australia/

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About this data

Indicator
Annual value added and its components by economic activity — Value added, gross
Unit
Index
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
44 places, 1,365 data points, 1966–2025
Last refreshed

This table presents gross value added by economic activity based on detailed breakdowns of Revision 4 of the International Standard Industrial Classification of All Economic Activities (ISIC). The table also presents detailed ISIC data for output, intermediate consumption and consumption of fixed capital (depreciation), as well as for components of gross value added (GVA) such as wages and salaries and net operating surplus (business profits) and mixed income (profits of the self-employed). These can be selected using the ‘Transaction filter’. 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. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data is presented in current prices (default view), but for some items it is possible to select chain linked volume and other price measures using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE6A 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