GDP (current US$), annual growth rate in Australia

Australia: GDP (current US$), annual growth rate was 2.36 % change on previous year in 2025. ◆ Volatile

Latest (2025)
2.36 % change on previous year
Change on year
up 81.5%
World rank
184th
of 212 countries
All-time high
39.36 % change on previous year
in 1974
All-time low
-11.97 % change on previous year
in 2009
Years of data
65
1961–2025

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

-2002040196119932025

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

Analysis

The most recent figure for gdp (current us$), annual growth rate in Australia is 2.36 % change on previous year, measured in 2025.

Compared with earlier readings it is up 81.5% on the previous year and up 129.6% over ten years.

Over the whole period, gdp (current us$), annual growth rate in Australia peaked at 39.36 % change on previous year in 1974 and was at its lowest, -11.97 % change on previous year, in 2009.

Australia ranks 184th 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 US$), annual growth rate in Australia, year by year

Annual values for GDP (current US$), 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 7.47 % 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 15.09 % change on previous year +60.7%
1973 22.65 % change on previous year +50.1%
1974 39.36 % change on previous year +73.8%
1975 9.38 % change on previous year -76.2%
1976 7.97 % change on previous year -15.0%
1977 5.03 % change on previous year -36.9%
1978 7.38 % change on previous year +46.6%
1979 13.85 % change on previous year +87.6%
1980 11.18 % change on previous year -19.3%
1981 17.94 % change on previous year +60.5%
1982 9.69 % change on previous year -46.0%
1983 -8.64 % change on previous year -189.2%
1984 9.14 % change on previous year -205.7%
1985 -6.65 % change on previous year -172.8%
1986 1.02 % change on previous year -115.3%
1987 3.84 % change on previous year +276.4%
1988 24.63 % change on previous year +541.1%
1989 26.98 % change on previous year +9.5%
1990 3.86 % change on previous year -85.7%
1991 4.67 % change on previous year +21.2%
1992 -0.1327 % change on previous year -102.8%
1993 -4.11 % change on previous year +3002.0%
1994 3.42 % change on previous year -183.2%
1995 14.06 % change on previous year +310.8%
1996 9.01 % change on previous year -35.9%
1997 8.55 % change on previous year -5.2%
1998 -8.24 % change on previous year -196.4%
1999 -2.5 % change on previous year -69.7%
2000 6.8 % change on previous year -372.0%
2001 -8.77 % change on previous year -228.8%
2002 4.23 % change on previous year -148.2%
2003 18.18 % change on previous year +330.2%
2004 31.4 % change on previous year +72.7%
2005 13.18 % change on previous year -58.0%
2006 7.59 % change on previous year -42.4%
2007 14.26 % change on previous year +87.8%
2008 23.56 % change on previous year +65.3%
2009 -11.97 % change on previous year -150.8%
2010 23.7 % change on previous year -298.0%
2011 21.72 % change on previous year -8.3%
2012 10.68 % change on previous year -50.8%
2013 2 % change on previous year -81.3%
2014 -6.89 % change on previous year -444.8%
2015 -7.99 % change on previous year +16.1%
2016 -10.7 % change on previous year +33.9%
2017 9.85 % change on previous year -192.0%
2018 7.68 % change on previous year -22.0%
2019 -2.43 % change on previous year -131.6%
2020 -4.65 % change on previous year +91.5%
2021 17.05 % change on previous year -466.7%
2022 8.65 % change on previous year -49.2%
2023 2.29 % change on previous year -73.5%
2024 1.3 % change on previous year -43.2%
2025 2.36 % change on previous year +81.5%

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 14.28 % change on previous year 5.03 % change on previous year 39.36 % change on previous year 10
1980s 8.91 % change on previous year -8.64 % change on previous year 26.98 % change on previous year 10
1990s 2.86 % change on previous year -8.24 % change on previous year 14.06 % change on previous year 10
2000s 9.85 % change on previous year -11.97 % change on previous year 31.4 % change on previous year 10
2010s 4.76 % change on previous year -10.7 % change on previous year 23.7 % change on previous year 10
2020s 4.5 % change on previous year -4.65 % change on previous year 17.05 % change on previous year 6

Countries ranked near Australia

  1. 181 Gabon 2.54 % change on previous year compare
  2. 182 Dominican Republic 2.51 % change on previous year compare
  3. 183 Suriname 2.42 % change on previous year compare
  4. 185 Oman 2.3 % change on previous year compare
  5. 186 Canada 2.19 % change on previous year compare
  6. 187 Azerbaijan 2.03 % change on previous year compare

See the full ranking of 260 places →

More economy & growth data for Australia

All data for Australia →

Frequently asked questions

What is gdp (current us$), annual growth rate in Australia?
Gdp (current us$), annual growth rate in Australia was 2.36 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gdp (current us$), annual growth rate recorded in Australia?
The highest recorded value was 39.36 % change on previous year in 1974.
What is the lowest gdp (current us$), annual growth rate recorded in Australia?
The lowest recorded value was -11.97 % change on previous year in 2009.
How does Australia rank for gdp (current us$), annual growth rate?
Australia ranks 184th out of 212 countries with data for 2025.
Is gdp (current us$), annual growth rate rising or falling in Australia?
Over the last ten years it is up 129.6%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

The year-on-year percentage change in GDP (current US$). 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 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
260 places, 14,477 data points, 1961–2025
Last refreshed

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