GDP (current LCU), annual growth rate in Australia

Australia: GDP (current LCU), annual growth rate was 3.69 % change on previous year in 2025. ◆ Volatile

Latest (2025)
3.69 % change on previous year
Change on year
down 7.7%
World rank
176th
of 212 countries
All-time high
21.15 % change on previous year
in 1974
All-time low
1.22 % change on previous year
in 1962
Years of data
65
1961–2025

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

05101520196119932025

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

Analysis

In 2025, gdp (current lcu), annual growth rate in Australia stood at 3.69 % change on previous year.

The figure is down 7.7% on the previous year and up 142.2% over ten years.

Over the whole period, gdp (current lcu), annual growth rate in Australia peaked at 21.15 % change on previous year in 1974 and was at its lowest, 1.22 % change on previous year, in 1962.

Australia ranks 176th of 212 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 (current LCU), annual growth rate in Australia, year by year

Annual values for GDP (current LCU), annual growth rate in Australia, 1961 to 2025.
Year % change on previous year Change
1961 5.78 % change on previous year
1962 1.22 % change on previous year -78.9%
1963 8.12 % change on previous year +564.4%
1964 10.49 % change on previous year +29.2%
1965 9.14 % change on previous year -12.9%
1966 5.13 % change on previous year -43.8%
1967 11.47 % change on previous year +123.6%
1968 7.46 % change on previous year -34.9%
1969 12.13 % change on previous year +62.5%
1970 12.68 % change on previous year +4.5%
1971 9.39 % change on previous year -25.9%
1972 10.34 % change on previous year +10.1%
1973 11.83 % change on previous year +14.4%
1974 21.15 % change on previous year +78.8%
1975 18.05 % change on previous year -14.7%
1976 16.97 % change on previous year -6.0%
1977 15.42 % change on previous year -9.1%
1978 9.21 % change on previous year -40.3%
1979 13.04 % change on previous year +41.6%
1980 13.35 % change on previous year +2.4%
1981 13.19 % change on previous year -1.3%
1982 15.42 % change on previous year +17.0%
1983 7.71 % change on previous year -50.0%
1984 12.79 % change on previous year +65.9%
1985 10.21 % change on previous year -20.1%
1986 10.78 % change on previous year +5.5%
1987 9.77 % change on previous year -9.4%
1988 13.35 % change on previous year +36.7%
1989 13.47 % change on previous year +0.9%
1990 9.89 % change on previous year -26.5%
1991 2.63 % change on previous year -73.4%
1992 1.92 % change on previous year -27.0%
1993 4.95 % change on previous year +157.8%
1994 5.04 % change on previous year +1.9%
1995 6.27 % change on previous year +24.4%
1996 6.68 % change on previous year +6.5%
1997 5.24 % change on previous year -21.6%
1998 5.87 % change on previous year +12.1%
1999 5.53 % change on previous year -5.7%
2000 6.57 % change on previous year +18.7%
2001 6.77 % change on previous year +3.0%
2002 6.9 % change on previous year +2.0%
2003 6.17 % change on previous year -10.6%
2004 7.59 % change on previous year +22.9%
2005 7.1 % change on previous year -6.4%
2006 8.02 % change on previous year +13.0%
2007 8.96 % change on previous year +11.7%
2008 8.36 % change on previous year -6.8%
2009 7.04 % change on previous year -15.7%
2010 3.4 % change on previous year -51.7%
2011 8.74 % change on previous year +157.1%
2012 5.82 % change on previous year -33.4%
2013 2.52 % change on previous year -56.7%
2014 4.06 % change on previous year +60.9%
2015 1.52 % change on previous year -62.4%
2016 2.06 % change on previous year +35.5%
2017 6.02 % change on previous year +191.9%
2018 4.77 % change on previous year -20.7%
2019 5.75 % change on previous year +20.4%
2020 1.73 % change on previous year -69.9%
2021 5.13 % change on previous year +196.5%
2022 11.76 % change on previous year +129.3%
2023 10.27 % change on previous year -12.6%
2024 4 % change on previous year -61.1%
2025 3.69 % change on previous year -7.7%

Averages by decade

DecadeAverage LowestHighest Years
1960s 7.88 % change on previous year 1.22 % change on previous year 12.13 % change on previous year 9
1970s 13.81 % change on previous year 9.21 % change on previous year 21.15 % change on previous year 10
1980s 12 % change on previous year 7.71 % change on previous year 15.42 % change on previous year 10
1990s 5.4 % change on previous year 1.92 % change on previous year 9.89 % change on previous year 10
2000s 7.35 % change on previous year 6.17 % change on previous year 8.96 % change on previous year 10
2010s 4.47 % change on previous year 1.52 % change on previous year 8.74 % change on previous year 10
2020s 6.1 % change on previous year 1.73 % change on previous year 11.76 % change on previous year 6

Countries ranked near Australia

  1. 173 Austria 3.79 % change on previous year compare
  2. 174 Eswatini 3.73 % change on previous year compare
  3. 175 Bahrain 3.72 % change on previous year compare
  4. 177 Bahamas 3.68 % change on previous year compare
  5. 178 United States Virgin Islands 3.66 % change on previous year compare
  6. 179 Belgium 3.57 % change on previous year compare

See the full ranking of 213 places →

More economy & growth data for Australia

All data for Australia →

Frequently asked questions

What is gdp (current lcu), annual growth rate in Australia?
Gdp (current lcu), annual growth rate in Australia was 3.69 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gdp (current lcu), annual growth rate recorded in Australia?
The highest recorded value was 21.15 % change on previous year in 1974.
What is the lowest gdp (current lcu), annual growth rate recorded in Australia?
The lowest recorded value was 1.22 % change on previous year in 1962.
How does Australia rank for gdp (current lcu), annual growth rate?
Australia ranks 176th out of 212 countries with data for 2025.
Is gdp (current lcu), annual growth rate rising or falling in Australia?
Over the last ten years it is up 142.2%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

GDP (current LCU), annual growth rate in Australia. Statizoid, drawing on Statizoid (derived). Retrieved 27 August 2026, from https://economy.statizoid.com/stat/gdp-current-lcu-annual-growth-rate/australia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://economy.statizoid.com/stat/gdp-current-lcu-annual-growth-rate/australia/">GDP (current LCU), annual growth rate in Australia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP (current 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 (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
213 places, 11,594 data points, 1961–2025
Last refreshed

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