Economic Outlook 119 — Contribution to world trade growth, goods and in Australia
Australia: Economic Outlook 119 — Contribution to world trade growth, goods and was 0.0355 in 2027. ◆ Volatile
Economic Outlook 119 — Contribution to world trade growth, goods and in Australia, 1981–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook 119 — contribution to world trade growth, goods and in Australia is 0.0355, measured in 2027.
Compared with earlier readings it is down 30.3% on the previous year and down 55.9% over ten years.
Over the whole period, economic outlook 119 — contribution to world trade growth, goods and in Australia peaked at 0.2203 in 1984 and was at its lowest, -0.1526, in 2020.
Australia ranks 15th of 40 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.
Economic Outlook 119 — Contribution to world trade growth, goods and in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1981 | 0.0161 | — |
| 1982 | 0.0897 | +457.4% |
| 1983 | -0.0841 | -193.8% |
| 1984 | 0.2203 | -361.9% |
| 1985 | 0.1089 | -50.6% |
| 1986 | 0.0211 | -80.6% |
| 1987 | 0.1132 | +436.0% |
| 1988 | 0.1004 | -11.3% |
| 1989 | 0.1283 | +27.8% |
| 1990 | 0.0446 | -65.2% |
| 1991 | 0.0985 | +120.8% |
| 1992 | 0.087 | -11.7% |
| 1993 | 0.1003 | +15.3% |
| 1994 | 0.1458 | +45.4% |
| 1995 | 0.0931 | -36.1% |
| 1996 | 0.1359 | +46.0% |
| 1997 | 0.1704 | +25.3% |
| 1998 | 0.0372 | -78.2% |
| 1999 | 0.0869 | +133.9% |
| 2000 | 0.1498 | +72.4% |
| 2001 | 0.0044 | -97.0% |
| 2002 | 0.062 | +1296.0% |
| 2003 | 0.0429 | -30.7% |
| 2004 | 0.1181 | +175.1% |
| 2005 | 0.0792 | -33.0% |
| 2006 | 0.077 | -2.7% |
| 2007 | 0.1001 | +29.9% |
| 2008 | 0.0923 | -7.7% |
| 2009 | -0.039 | -142.2% |
| 2010 | 0.1465 | -475.9% |
| 2011 | 0.0643 | -56.1% |
| 2012 | 0.0842 | +31.0% |
| 2013 | 0.0261 | -69.0% |
| 2014 | 0.0427 | +63.5% |
| 2015 | 0.0603 | +41.1% |
| 2016 | 0.0566 | -6.1% |
| 2017 | 0.0803 | +41.9% |
| 2018 | 0.0711 | -11.5% |
| 2019 | 0.0164 | -76.9% |
| 2020 | -0.1526 | -1028.0% |
| 2021 | 0.015 | -109.9% |
| 2022 | 0.0956 | +535.3% |
| 2023 | 0.0882 | -7.7% |
| 2024 | 0.045 | -48.9% |
| 2025 | 0.0433 | -3.9% |
| 2026 | 0.0509 | +17.5% |
| 2027 | 0.0355 | -30.3% |
Australia compared with similar countries
- Australia's 0.0355 is above the median for high income countries, which is 0.0169, 2.1× the median. (30 countries reporting)
- Australia's 0.0355 is below the median for East Asia & Pacific, which is 0.0395, 90% of the median. (5 countries reporting)
Biggest year-on-year movements
Years where Economic Outlook 119 — Contribution to world trade growth, goods and 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 |
|---|---|---|---|
| 2002 | +1296.0% | 0.0044 | 0.062 |
| 2020 | -1028.0% | 0.0164 | -0.1526 |
| 2022 | +535.3% | 0.015 | 0.0956 |
| 2010 | +475.9% | -0.039 | 0.1465 |
| 1982 | +457.4% | 0.0161 | 0.0897 |
| 1987 | +436.0% | 0.0211 | 0.1132 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0793 | -0.0841 | 0.2203 | 9 |
| 1990s | 0.1 | 0.0372 | 0.1704 | 10 |
| 2000s | 0.0687 | -0.039 | 0.1498 | 10 |
| 2010s | 0.0649 | 0.0164 | 0.1465 | 10 |
| 2020s | 0.0276 | -0.1526 | 0.0956 | 8 |
Countries ranked near Australia
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 economic outlook 119 — contribution to world trade growth, goods and in Australia?
- Economic outlook 119 — contribution to world trade growth, goods and in Australia was 0.0355 in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook 119 — contribution to world trade growth, goods and recorded in Australia?
- The highest recorded value was 0.2203 in 1984.
- What is the lowest economic outlook 119 — contribution to world trade growth, goods and recorded in Australia?
- The lowest recorded value was -0.1526 in 2020.
- How does Australia rank for economic outlook 119 — contribution to world trade growth, goods and?
- Australia ranks 15th out of 40 countries with data for 2027.
- Is economic outlook 119 — contribution to world trade growth, goods and rising or falling in Australia?
- Over the last ten years it is down 55.9%. 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 Economic Outlook 119 — Contribution to world trade growth, goods and services (in USD, OECD reference year prices). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2026), OECD Economic Outlook No 119 (Edition 2026/1) EO119 Database documentation EO119 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP