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
GDP (current LCU), annual growth rate in Australia, 1961–2025
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
| 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
| Decade | Average | Lowest | Highest | 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
- 173 Austria 3.79 % change on previous year compare
- 174 Eswatini 3.73 % change on previous year compare
- 175 Bahrain 3.72 % change on previous year compare
- 177 Bahamas 3.68 % change on previous year compare
- 178 United States Virgin Islands 3.66 % change on previous year compare
- 179 Belgium 3.57 % change on previous year 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)
- GDP (current US$), annual growth rate 2.36 % change on previous year (2025)
- GDP (current US$), per capita 65,130 current US$ per person (2025)
- GDP (current LCU), per unit of GDP 1.55 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 100,632 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.35 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9423 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 61,369 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.35 % change on previous year (2025)
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.
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
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
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.