GDP in Australia
Australia: GDP was 1.69 trillion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
1.69 trillion constant 2015 US$
Change on year
up 1.4%
World rank
12th
of 212 countries
All-time high
1.69 trillion constant 2015 US$
in 2025
All-time low
205.09 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
GDP in Australia, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gdp in Australia stood at 1.69 trillion constant 2015 US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 1.4% on the previous year and up 24.9% over ten years.
Over the whole period, gdp in Australia peaked at 1.69 trillion constant 2015 US$ in 2025 and was at its lowest, 205.09 billion constant 2015 US$, in 1960.
That places Australia 12th out of 212 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Australia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 205.09 billion constant 2015 US$ | — |
| 1961 | 210.18 billion constant 2015 US$ | +2.5% |
| 1962 | 212.90 billion constant 2015 US$ | +1.3% |
| 1963 | 226.13 billion constant 2015 US$ | +6.2% |
| 1964 | 241.91 billion constant 2015 US$ | +7.0% |
| 1965 | 256.37 billion constant 2015 US$ | +6.0% |
| 1966 | 262.48 billion constant 2015 US$ | +2.4% |
| 1967 | 279.03 billion constant 2015 US$ | +6.3% |
| 1968 | 293.25 billion constant 2015 US$ | +5.1% |
| 1969 | 313.91 billion constant 2015 US$ | +7.0% |
| 1970 | 336.44 billion constant 2015 US$ | +7.2% |
| 1971 | 349.90 billion constant 2015 US$ | +4.0% |
| 1972 | 363.57 billion constant 2015 US$ | +3.9% |
| 1973 | 373.09 billion constant 2015 US$ | +2.6% |
| 1974 | 388.41 billion constant 2015 US$ | +4.1% |
| 1975 | 393.61 billion constant 2015 US$ | +1.3% |
| 1976 | 403.79 billion constant 2015 US$ | +2.6% |
| 1977 | 418.30 billion constant 2015 US$ | +3.6% |
| 1978 | 422.04 billion constant 2015 US$ | +0.9% |
| 1979 | 439.14 billion constant 2015 US$ | +4.1% |
| 1980 | 452.47 billion constant 2015 US$ | +3.0% |
| 1981 | 467.59 billion constant 2015 US$ | +3.3% |
| 1982 | 483.16 billion constant 2015 US$ | +3.3% |
| 1983 | 472.40 billion constant 2015 US$ | -2.2% |
| 1984 | 493.97 billion constant 2015 US$ | +4.6% |
| 1985 | 520.06 billion constant 2015 US$ | +5.3% |
| 1986 | 540.70 billion constant 2015 US$ | +4.0% |
| 1987 | 554.52 billion constant 2015 US$ | +2.6% |
| 1988 | 586.47 billion constant 2015 US$ | +5.8% |
| 1989 | 609.22 billion constant 2015 US$ | +3.9% |
| 1990 | 630.99 billion constant 2015 US$ | +3.6% |
| 1991 | 628.56 billion constant 2015 US$ | -0.4% |
| 1992 | 631.28 billion constant 2015 US$ | +0.4% |
| 1993 | 656.83 billion constant 2015 US$ | +4.0% |
| 1994 | 682.96 billion constant 2015 US$ | +4.0% |
| 1995 | 709.53 billion constant 2015 US$ | +3.9% |
| 1996 | 736.96 billion constant 2015 US$ | +3.9% |
| 1997 | 765.83 billion constant 2015 US$ | +3.9% |
| 1998 | 801.65 billion constant 2015 US$ | +4.7% |
| 1999 | 841.96 billion constant 2015 US$ | +5.0% |
| 2000 | 874.93 billion constant 2015 US$ | +3.9% |
| 2001 | 892.70 billion constant 2015 US$ | +2.0% |
| 2002 | 927.96 billion constant 2015 US$ | +3.9% |
| 2003 | 956.65 billion constant 2015 US$ | +3.1% |
| 2004 | 997.01 billion constant 2015 US$ | +4.2% |
| 2005 | 1.03 trillion constant 2015 US$ | +3.2% |
| 2006 | 1.06 trillion constant 2015 US$ | +2.8% |
| 2007 | 1.10 trillion constant 2015 US$ | +3.8% |
| 2008 | 1.14 trillion constant 2015 US$ | +3.6% |
| 2009 | 1.16 trillion constant 2015 US$ | +2.0% |
| 2010 | 1.18 trillion constant 2015 US$ | +2.2% |
| 2011 | 1.21 trillion constant 2015 US$ | +2.4% |
| 2012 | 1.26 trillion constant 2015 US$ | +4.0% |
| 2013 | 1.29 trillion constant 2015 US$ | +2.7% |
| 2014 | 1.33 trillion constant 2015 US$ | +2.6% |
| 2015 | 1.36 trillion constant 2015 US$ | +2.2% |
| 2016 | 1.39 trillion constant 2015 US$ | +2.8% |
| 2017 | 1.43 trillion constant 2015 US$ | +2.3% |
| 2018 | 1.47 trillion constant 2015 US$ | +2.9% |
| 2019 | 1.50 trillion constant 2015 US$ | +2.2% |
| 2020 | 1.50 trillion constant 2015 US$ | -0.1% |
| 2021 | 1.53 trillion constant 2015 US$ | +2.0% |
| 2022 | 1.59 trillion constant 2015 US$ | +4.3% |
| 2023 | 1.65 trillion constant 2015 US$ | +3.6% |
| 2024 | 1.67 trillion constant 2015 US$ | +1.4% |
| 2025 | 1.69 trillion constant 2015 US$ | +1.4% |
Australia compared with similar countries
- Australia's 1.69 trillion constant 2015 US$ is above the median for high income countries, which is 76.03 billion constant 2015 US$, 22.3× the median. (80 countries reporting)
- Australia's 1.69 trillion constant 2015 US$ is above the median for East Asia & Pacific, which is 17.42 billion constant 2015 US$, 97.3× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 250.12 billion constant 2015 US$ | 205.09 billion constant 2015 US$ | 313.91 billion constant 2015 US$ | 10 |
| 1970s | 388.83 billion constant 2015 US$ | 336.44 billion constant 2015 US$ | 439.14 billion constant 2015 US$ | 10 |
| 1980s | 518.06 billion constant 2015 US$ | 452.47 billion constant 2015 US$ | 609.22 billion constant 2015 US$ | 10 |
| 1990s | 708.65 billion constant 2015 US$ | 628.56 billion constant 2015 US$ | 841.96 billion constant 2015 US$ | 10 |
| 2000s | 1.01 trillion constant 2015 US$ | 874.93 billion constant 2015 US$ | 1.16 trillion constant 2015 US$ | 10 |
| 2010s | 1.34 trillion constant 2015 US$ | 1.18 trillion constant 2015 US$ | 1.50 trillion constant 2015 US$ | 10 |
| 2020s | 1.61 trillion constant 2015 US$ | 1.50 trillion constant 2015 US$ | 1.69 trillion constant 2015 US$ | 6 |
Countries ranked near Australia
- 9 Italy 2.05 trillion constant 2015 US$ compare
- 10 South Korea 1.94 trillion constant 2015 US$ compare
- 11 Canada 1.89 trillion constant 2015 US$ compare
- 13 Russia 1.64 trillion constant 2015 US$ compare
- 14 Spain 1.47 trillion constant 2015 US$ compare
- 15 Turkey 1.36 trillion constant 2015 US$ 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$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is gdp in Australia?
- Gdp in Australia was 1.69 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Australia?
- The highest recorded value was 1.69 trillion constant 2015 US$ in 2025.
- What is the lowest gdp recorded in Australia?
- The lowest recorded value was 205.09 billion constant 2015 US$ in 1960.
- How does Australia rank for gdp?
- Australia ranks 12th out of 212 countries with data for 2025.
- Is gdp rising or falling in Australia?
- Over the last ten years it is up 24.9%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.