Divergence of GDP per capita among latecomers to the capitalist revolution in Australia
Australia: Divergence of GDP per capita among latecomers to the capitalist revolution was 49,831 2011$ in 2018. ◆ Volatile
Latest (2018)
49,831 2011$
Change on year
up 1.1%
World rank
11th
of 145 countries
All-time high
49,831 2011$
in 2018
All-time low
826 2011$
in 1820
Years of data
199
1820–2018
Divergence of GDP per capita among latecomers to the capitalist revolution in Australia, 1820–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
Australia recorded 49,831 2011$ for divergence of gdp per capita among latecomers to the capitalist revolution in 2018. That is the highest value across all 199 years on record.
That represents a change of up 1.1% on the previous year and up 12.2% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Australia peaked at 49,831 2011$ in 2018 and was at its lowest, 826 2011$, in 1820.
That places Australia 11th out of 145 countries with data for 2018, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Divergence of GDP per capita among latecomers to the capitalist revolution in Australia, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1820 | 826 2011$ | — |
| 1821 | 834 2011$ | +1.0% |
| 1822 | 858 2011$ | +2.9% |
| 1823 | 886 2011$ | +3.3% |
| 1824 | 936 2011$ | +5.6% |
| 1825 | 982 2011$ | +4.9% |
| 1826 | 999 2011$ | +1.7% |
| 1827 | 1,030 2011$ | +3.1% |
| 1828 | 1,057 2011$ | +2.6% |
| 1829 | 1,114 2011$ | +5.4% |
| 1830 | 1,352 2011$ | +21.4% |
| 1831 | 1,398 2011$ | +3.4% |
| 1832 | 1,428 2011$ | +2.1% |
| 1833 | 1,435 2011$ | +0.5% |
| 1834 | 1,508 2011$ | +5.1% |
| 1835 | 1,825 2011$ | +21.0% |
| 1836 | 1,793 2011$ | -1.8% |
| 1837 | 1,881 2011$ | +4.9% |
| 1838 | 1,857 2011$ | -1.3% |
| 1839 | 1,733 2011$ | -6.7% |
| 1840 | 2,190 2011$ | +26.4% |
| 1841 | 1,868 2011$ | -14.7% |
| 1842 | 1,704 2011$ | -8.8% |
| 1843 | 1,975 2011$ | +15.9% |
| 1844 | 2,246 2011$ | +13.7% |
| 1845 | 2,310 2011$ | +2.8% |
| 1846 | 2,554 2011$ | +10.6% |
| 1847 | 2,954 2011$ | +15.7% |
| 1848 | 3,381 2011$ | +14.5% |
| 1849 | 3,339 2011$ | -1.2% |
| 1850 | 3,148 2011$ | -5.7% |
| 1851 | 3,736 2011$ | +18.7% |
| 1852 | 4,382 2011$ | +17.3% |
| 1853 | 4,798 2011$ | +9.5% |
| 1854 | 4,202 2011$ | -12.4% |
| 1855 | 3,988 2011$ | -5.1% |
| 1856 | 4,866 2011$ | +22.0% |
| 1857 | 4,294 2011$ | -11.8% |
| 1858 | 3,661 2011$ | -14.7% |
| 1859 | 4,728 2011$ | +29.1% |
| 1860 | 4,613 2011$ | -2.4% |
| 1861 | 4,544 2011$ | -1.5% |
| 1862 | 4,368 2011$ | -3.9% |
| 1863 | 4,352 2011$ | -0.4% |
| 1864 | 4,616 2011$ | +6.1% |
| 1865 | 4,403 2011$ | -4.6% |
| 1866 | 4,532 2011$ | +2.9% |
| 1867 | 4,956 2011$ | +9.4% |
| 1868 | 5,031 2011$ | +1.5% |
| 1869 | 4,932 2011$ | -2.0% |
| 1870 | 5,217 2011$ | +5.8% |
| 1871 | 5,259 2011$ | +0.8% |
| 1872 | 5,663 2011$ | +7.7% |
| 1873 | 6,095 2011$ | +7.6% |
| 1874 | 6,113 2011$ | +0.3% |
| 1875 | 6,596 2011$ | +7.9% |
| 1876 | 6,387 2011$ | -3.2% |
| 1877 | 6,433 2011$ | +0.7% |
| 1878 | 6,817 2011$ | +6.0% |
| 1879 | 6,703 2011$ | -1.7% |
| 1880 | 6,830 2011$ | +1.9% |
| 1881 | 7,101 2011$ | +4.0% |
| 1882 | 6,476 2011$ | -8.8% |
| 1883 | 7,133 2011$ | +10.1% |
| 1884 | 6,861 2011$ | -3.8% |
| 1885 | 7,049 2011$ | +2.7% |
| 1886 | 6,900 2011$ | -2.1% |
| 1887 | 7,383 2011$ | +7.0% |
| 1888 | 7,179 2011$ | -2.8% |
| 1889 | 7,567 2011$ | +5.4% |
| 1890 | 7,106 2011$ | -6.1% |
| 1891 | 7,438 2011$ | +4.7% |
| 1892 | 6,368 2011$ | -14.4% |
| 1893 | 5,910 2011$ | -7.2% |
| 1894 | 6,003 2011$ | +1.6% |
| 1895 | 5,558 2011$ | -7.4% |
| 1896 | 5,874 2011$ | +5.7% |
| 1897 | 5,451 2011$ | -7.2% |
| 1898 | 6,202 2011$ | +13.8% |
| 1899 | 6,121 2011$ | -1.3% |
| 1900 | 6,397 2011$ | +4.5% |
| 1901 | 6,119 2011$ | -4.3% |
| 1902 | 6,094 2011$ | -0.4% |
| 1903 | 6,497 2011$ | +6.6% |
| 1904 | 6,846 2011$ | +5.4% |
| 1905 | 6,825 2011$ | -0.3% |
| 1906 | 7,184 2011$ | +5.3% |
| 1907 | 7,358 2011$ | +2.4% |
| 1908 | 7,481 2011$ | +1.7% |
| 1909 | 7,940 2011$ | +6.1% |
| 1910 | 8,305 2011$ | +4.6% |
| 1911 | 8,136 2011$ | -2.0% |
| 1912 | 8,126 2011$ | -0.1% |
| 1913 | 8,220 2011$ | +1.2% |
| 1914 | 8,013 2011$ | -2.5% |
| 1915 | 7,806 2011$ | -2.6% |
| 1916 | 7,775 2011$ | -0.4% |
| 1917 | 7,637 2011$ | -1.8% |
| 1918 | 7,336 2011$ | -3.9% |
| 1919 | 7,517 2011$ | +2.5% |
| 1920 | 7,597 2011$ | +1.1% |
| 1921 | 7,828 2011$ | +3.0% |
| 1922 | 8,072 2011$ | +3.1% |
| 1923 | 8,276 2011$ | +2.5% |
| 1924 | 8,635 2011$ | +4.3% |
| 1925 | 8,851 2011$ | +2.5% |
| 1926 | 8,883 2011$ | +0.4% |
| 1927 | 8,837 2011$ | -0.5% |
| 1928 | 8,690 2011$ | -1.7% |
| 1929 | 8,389 2011$ | -3.5% |
| 1930 | 7,504 2011$ | -10.5% |
| 1931 | 6,940 2011$ | -7.5% |
| 1932 | 7,275 2011$ | +4.8% |
| 1933 | 7,718 2011$ | +6.1% |
| 1934 | 8,066 2011$ | +4.5% |
| 1935 | 8,477 2011$ | +5.1% |
| 1936 | 8,792 2011$ | +3.7% |
| 1937 | 9,159 2011$ | +4.2% |
| 1938 | 9,382 2011$ | +2.4% |
| 1939 | 9,318 2011$ | -0.7% |
| 1940 | 9,828 2011$ | +5.5% |
| 1941 | 10,820 2011$ | +10.1% |
| 1942 | 11,963 2011$ | +10.6% |
| 1943 | 12,278 2011$ | +2.6% |
| 1944 | 11,735 2011$ | -4.4% |
| 1945 | 11,026 2011$ | -6.0% |
| 1946 | 10,512 2011$ | -4.7% |
| 1947 | 10,622 2011$ | +1.0% |
| 1948 | 11,105 2011$ | +4.5% |
| 1949 | 11,536 2011$ | +3.9% |
| 1950 | 11,815 2011$ | +2.4% |
| 1951 | 11,966 2011$ | +1.3% |
| 1952 | 11,824 2011$ | -1.2% |
| 1953 | 11,963 2011$ | +1.2% |
| 1954 | 12,419 2011$ | +3.8% |
| 1955 | 12,795 2011$ | +3.0% |
| 1956 | 12,924 2011$ | +1.0% |
| 1957 | 12,895 2011$ | -0.2% |
| 1958 | 13,238 2011$ | +2.7% |
| 1959 | 13,753 2011$ | +3.9% |
| 1960 | 14,013 2011$ | +1.9% |
| 1961 | 13,793 2011$ | -1.6% |
| 1962 | 14,389 2011$ | +4.3% |
| 1963 | 14,983 2011$ | +4.1% |
| 1964 | 15,699 2011$ | +4.8% |
| 1965 | 16,182 2011$ | +3.1% |
| 1966 | 16,324 2011$ | +0.9% |
| 1967 | 17,108 2011$ | +4.8% |
| 1968 | 17,770 2011$ | +3.9% |
| 1969 | 18,428 2011$ | +3.7% |
| 1970 | 19,166 2011$ | +4.0% |
| 1971 | 19,590 2011$ | +2.2% |
| 1972 | 19,772 2011$ | +0.9% |
| 1973 | 20,527 2011$ | +3.8% |
| 1974 | 20,698 2011$ | +0.8% |
| 1975 | 20,993 2011$ | +1.4% |
| 1976 | 21,613 2011$ | +3.0% |
| 1977 | 21,592 2011$ | -0.1% |
| 1978 | 21,948 2011$ | +1.6% |
| 1979 | 22,826 2011$ | +4.0% |
| 1980 | 22,972 2011$ | +0.6% |
| 1981 | 23,368 2011$ | +1.7% |
| 1982 | 22,972 2011$ | -1.7% |
| 1983 | 22,697 2011$ | -1.2% |
| 1984 | 24,009 2011$ | +5.8% |
| 1985 | 24,927 2011$ | +3.8% |
| 1986 | 25,116 2011$ | +0.8% |
| 1987 | 25,971 2011$ | +3.4% |
| 1988 | 26,702 2011$ | +2.8% |
| 1989 | 27,407 2011$ | +2.6% |
| 1990 | 27,373 2011$ | -0.1% |
| 1991 | 26,861 2011$ | -1.9% |
| 1992 | 27,560 2011$ | +2.6% |
| 1993 | 28,622 2011$ | +3.9% |
| 1994 | 29,844 2011$ | +4.3% |
| 1995 | 30,690 2011$ | +2.8% |
| 1996 | 31,740 2011$ | +3.4% |
| 1997 | 32,858 2011$ | +3.5% |
| 1998 | 34,337 2011$ | +4.5% |
| 1999 | 35,551 2011$ | +3.5% |
| 2000 | 36,603 2011$ | +3.0% |
| 2001 | 37,276 2011$ | +1.8% |
| 2002 | 38,567 2011$ | +3.5% |
| 2003 | 39,524 2011$ | +2.5% |
| 2004 | 40,888 2011$ | +3.5% |
| 2005 | 41,904 2011$ | +2.5% |
| 2006 | 42,651 2011$ | +1.8% |
| 2007 | 44,034 2011$ | +3.2% |
| 2008 | 44,422 2011$ | +0.9% |
| 2009 | 44,686 2011$ | +0.6% |
| 2010 | 45,400 2011$ | +1.6% |
| 2011 | 46,132 2011$ | +1.6% |
| 2012 | 46,999 2011$ | +1.9% |
| 2013 | 47,250 2011$ | +0.5% |
| 2014 | 47,867 2011$ | +1.3% |
| 2015 | 48,357 2011$ | +1.0% |
| 2016 | 48,845 2011$ | +1.0% |
| 2017 | 49,266 2011$ | +0.9% |
| 2018 | 49,831 2011$ | +1.1% |
Australia compared with similar countries
- Australia's 49,831 2011$ is above the median for high income countries, which is 35,336 2011$, 1.4× the median. (51 countries reporting)
- Australia's 49,831 2011$ is above the median for East Asia & Pacific, which is 15,016 2011$, 3.3× the median. (12 countries reporting)
Biggest year-on-year movements
Years where Divergence of GDP per capita among latecomers to the capitalist revolution in Australia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1859 | +29.1% | 3,661 2011$ | 4,728 2011$ |
| 1840 | +26.4% | 1,733 2011$ | 2,190 2011$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1820s | 952.2 2011$ | 826 2011$ | 1,114 2011$ | 10 |
| 1830s | 1,621 2011$ | 1,352 2011$ | 1,881 2011$ | 10 |
| 1840s | 2,452 2011$ | 1,704 2011$ | 3,381 2011$ | 10 |
| 1850s | 4,180 2011$ | 3,148 2011$ | 4,866 2011$ | 10 |
| 1860s | 4,635 2011$ | 4,352 2011$ | 5,031 2011$ | 10 |
| 1870s | 6,128 2011$ | 5,217 2011$ | 6,817 2011$ | 10 |
| 1880s | 7,048 2011$ | 6,476 2011$ | 7,567 2011$ | 10 |
| 1890s | 6,203 2011$ | 5,451 2011$ | 7,438 2011$ | 10 |
| 1900s | 6,874 2011$ | 6,094 2011$ | 7,940 2011$ | 10 |
| 1910s | 7,887 2011$ | 7,336 2011$ | 8,305 2011$ | 10 |
| 1920s | 8,406 2011$ | 7,597 2011$ | 8,883 2011$ | 10 |
| 1930s | 8,263 2011$ | 6,940 2011$ | 9,382 2011$ | 10 |
| 1940s | 11,142 2011$ | 9,828 2011$ | 12,278 2011$ | 10 |
| 1950s | 12,559 2011$ | 11,815 2011$ | 13,753 2011$ | 10 |
| 1960s | 15,869 2011$ | 13,793 2011$ | 18,428 2011$ | 10 |
| 1970s | 20,872 2011$ | 19,166 2011$ | 22,826 2011$ | 10 |
| 1980s | 24,614 2011$ | 22,697 2011$ | 27,407 2011$ | 10 |
| 1990s | 30,544 2011$ | 26,861 2011$ | 35,551 2011$ | 10 |
| 2000s | 41,055 2011$ | 36,603 2011$ | 44,686 2011$ | 10 |
| 2010s | 47,772 2011$ | 45,400 2011$ | 49,831 2011$ | 9 |
Countries ranked near Australia
- 8 Luxembourg 57,428 2011$ compare
- 9 United States of America 55,335 2011$ compare
- 10 Saudi Arabia 50,305 2011$ compare
- 12 Netherlands 47,474 2011$ compare
- 13 Denmark 46,312 2011$ compare
- 14 Germany 46,178 2011$ 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$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Australia?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Australia was 49,831 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Australia?
- The highest recorded value was 49,831 2011$ in 2018.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Australia?
- The lowest recorded value was 826 2011$ in 1820.
- How does Australia rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Australia ranks 11th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Australia?
- Over the last ten years it is up 12.2%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 199 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]