GDP (constant LCU), annual growth rate in Australia

Australia: GDP (constant LCU), annual growth rate was 1.35 % change on previous year in 2025. ◆ Volatile

Latest (2025)
1.35 % change on previous year
Change on year
down 1.6%
World rank
163rd
of 213 countries
All-time high
7.17 % change on previous year
in 1970
All-time low
-2.23 % change on previous year
in 1983
Years of data
65
1961–2025

GDP (constant LCU), annual growth rate in Australia, 1961–2025

-202468196119932025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp (constant lcu), annual growth rate in Australia is 1.35 % change on previous year, measured in 2025.

Compared with earlier readings it is down 1.6% on the previous year and down 37.6% over ten years.

Over the whole period, gdp (constant lcu), annual growth rate in Australia peaked at 7.17 % change on previous year in 1970 and was at its lowest, -2.23 % change on previous year, in 1983.

Australia ranks 163rd of 213 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (constant LCU), annual growth rate in Australia, year by year

Annual values for GDP (constant LCU), annual growth rate in Australia, 1961 to 2025.
Year % change on previous year Change
1961 2.48 % change on previous year
1962 1.3 % change on previous year -47.7%
1963 6.21 % change on previous year +379.2%
1964 6.98 % change on previous year +12.3%
1965 5.98 % change on previous year -14.3%
1966 2.38 % change on previous year -60.2%
1967 6.31 % change on previous year +164.9%
1968 5.1 % change on previous year -19.2%
1969 7.05 % change on previous year +38.3%
1970 7.17 % change on previous year +1.8%
1971 4 % change on previous year -44.2%
1972 3.91 % change on previous year -2.3%
1973 2.62 % change on previous year -33.0%
1974 4.11 % change on previous year +56.8%
1975 1.34 % change on previous year -67.4%
1976 2.59 % change on previous year +93.3%
1977 3.59 % change on previous year +38.8%
1978 0.8954 % change on previous year -75.1%
1979 4.05 % change on previous year +352.5%
1980 3.03 % change on previous year -25.1%
1981 3.34 % change on previous year +10.1%
1982 3.33 % change on previous year -0.4%
1983 -2.23 % change on previous year -166.9%
1984 4.56 % change on previous year -305.1%
1985 5.28 % change on previous year +15.7%
1986 3.97 % change on previous year -24.8%
1987 2.56 % change on previous year -35.6%
1988 5.76 % change on previous year +125.3%
1989 3.88 % change on previous year -32.7%
1990 3.57 % change on previous year -7.9%
1991 -0.3846 % change on previous year -110.8%
1992 0.4328 % change on previous year -212.5%
1993 4.05 % change on previous year +834.9%
1994 3.98 % change on previous year -1.7%
1995 3.89 % change on previous year -2.2%
1996 3.87 % change on previous year -0.6%
1997 3.92 % change on previous year +1.4%
1998 4.68 % change on previous year +19.4%
1999 5.03 % change on previous year +7.5%
2000 3.92 % change on previous year -22.1%
2001 2.03 % change on previous year -48.1%
2002 3.95 % change on previous year +94.4%
2003 3.09 % change on previous year -21.8%
2004 4.22 % change on previous year +36.5%
2005 3.16 % change on previous year -25.2%
2006 2.77 % change on previous year -12.2%
2007 3.79 % change on previous year +36.7%
2008 3.62 % change on previous year -4.4%
2009 1.95 % change on previous year -46.1%
2010 2.21 % change on previous year +13.1%
2011 2.39 % change on previous year +8.3%
2012 3.95 % change on previous year +65.0%
2013 2.65 % change on previous year -32.8%
2014 2.6 % change on previous year -2.0%
2015 2.16 % change on previous year -16.8%
2016 2.76 % change on previous year +27.3%
2017 2.29 % change on previous year -16.8%
2018 2.87 % change on previous year +25.3%
2019 2.19 % change on previous year -23.7%
2020 -0.1336 % change on previous year -106.1%
2021 2.01 % change on previous year -1602.6%
2022 4.25 % change on previous year +111.9%
2023 3.58 % change on previous year -15.7%
2024 1.37 % change on previous year -61.7%
2025 1.35 % change on previous year -1.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 4.86 % change on previous year 1.3 % change on previous year 7.05 % change on previous year 9
1970s 3.43 % change on previous year 0.8954 % change on previous year 7.17 % change on previous year 10
1980s 3.35 % change on previous year -2.23 % change on previous year 5.76 % change on previous year 10
1990s 3.3 % change on previous year -0.3846 % change on previous year 5.03 % change on previous year 10
2000s 3.25 % change on previous year 1.95 % change on previous year 4.22 % change on previous year 10
2010s 2.61 % change on previous year 2.16 % change on previous year 3.95 % change on previous year 10
2020s 2.07 % change on previous year -0.1336 % change on previous year 4.25 % change on previous year 6

Countries ranked near Australia

  1. 160 Sweden 1.54 % change on previous year compare
  2. 161 Azerbaijan 1.45 % change on previous year compare
  3. 162 United Kingdom of Great Britain and Northern Ireland 1.39 % change on previous year compare
  4. 164 Belarus 1.3 % change on previous year compare
  5. 165 Switzerland 1.3 % change on previous year compare
  6. 166 Iceland 1.28 % change on previous year compare

See the full ranking of 214 places →

More economy & growth data for Australia

All data for Australia →

Frequently asked questions

What is gdp (constant lcu), annual growth rate in Australia?
Gdp (constant lcu), annual growth rate in Australia was 1.35 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gdp (constant lcu), annual growth rate recorded in Australia?
The highest recorded value was 7.17 % change on previous year in 1970.
What is the lowest gdp (constant lcu), annual growth rate recorded in Australia?
The lowest recorded value was -2.23 % change on previous year in 1983.
How does Australia rank for gdp (constant lcu), annual growth rate?
Australia ranks 163rd out of 213 countries with data for 2025.
Is gdp (constant lcu), annual growth rate rising or falling in Australia?
Over the last ten years it is down 37.6%. The long-run trend across the full record is volatile.
Where does this Australia data come from?
The figures come from Statizoid (derived), published as part of GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (constant LCU), annual growth rate in Australia. Statizoid, drawing on Statizoid (derived). Retrieved 26 August 2026, from https://economy.statizoid.com/stat/gdp-constant-lcu-annual-growth-rate/australia/

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How this figure is calculated

The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
214 places, 11,408 data points, 1961–2025
Last refreshed

The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.