GDP in Australia
Australia: GDP was 1.80 trillion current US$ in 2025. ◆ Volatile
Latest (2025)
1.80 trillion current US$
Change on year
up 2.4%
World rank
15th
of 214 countries
All-time high
1.80 trillion current US$
in 2025
All-time low
18.64 billion current 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 current US$.
Analysis
The most recent figure for gdp in Australia is 1.80 trillion current US$, measured in 2025. That is the highest value across all 66 years on record.
That represents a change of up 2.4% on the previous year and up 32.6% over ten years.
Over the whole period, gdp in Australia peaked at 1.80 trillion current US$ in 2025 and was at its lowest, 18.64 billion current US$, in 1960.
Australia ranks 15th of 214 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Australia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 18.64 billion current US$ | — |
| 1961 | 19.71 billion current US$ | +5.8% |
| 1962 | 19.95 billion current US$ | +1.2% |
| 1963 | 21.57 billion current US$ | +8.1% |
| 1964 | 23.84 billion current US$ | +10.5% |
| 1965 | 26.01 billion current US$ | +9.1% |
| 1966 | 27.35 billion current US$ | +5.1% |
| 1967 | 30.49 billion current US$ | +11.5% |
| 1968 | 32.76 billion current US$ | +7.5% |
| 1969 | 36.74 billion current US$ | +12.1% |
| 1970 | 41.40 billion current US$ | +12.7% |
| 1971 | 45.28 billion current US$ | +9.4% |
| 1972 | 52.12 billion current US$ | +15.1% |
| 1973 | 63.92 billion current US$ | +22.7% |
| 1974 | 89.09 billion current US$ | +39.4% |
| 1975 | 97.44 billion current US$ | +9.4% |
| 1976 | 105.21 billion current US$ | +8.0% |
| 1977 | 110.50 billion current US$ | +5.0% |
| 1978 | 118.66 billion current US$ | +7.4% |
| 1979 | 135.09 billion current US$ | +13.8% |
| 1980 | 150.20 billion current US$ | +11.2% |
| 1981 | 177.15 billion current US$ | +17.9% |
| 1982 | 194.32 billion current US$ | +9.7% |
| 1983 | 177.52 billion current US$ | -8.6% |
| 1984 | 193.75 billion current US$ | +9.1% |
| 1985 | 180.86 billion current US$ | -6.7% |
| 1986 | 182.71 billion current US$ | +1.0% |
| 1987 | 189.73 billion current US$ | +3.8% |
| 1988 | 236.46 billion current US$ | +24.6% |
| 1989 | 300.26 billion current US$ | +27.0% |
| 1990 | 311.84 billion current US$ | +3.9% |
| 1991 | 326.42 billion current US$ | +4.7% |
| 1992 | 325.98 billion current US$ | -0.1% |
| 1993 | 312.57 billion current US$ | -4.1% |
| 1994 | 323.27 billion current US$ | +3.4% |
| 1995 | 368.73 billion current US$ | +14.1% |
| 1996 | 401.96 billion current US$ | +9.0% |
| 1997 | 436.32 billion current US$ | +8.5% |
| 1998 | 400.36 billion current US$ | -8.2% |
| 1999 | 390.35 billion current US$ | -2.5% |
| 2000 | 416.90 billion current US$ | +6.8% |
| 2001 | 380.36 billion current US$ | -8.8% |
| 2002 | 396.44 billion current US$ | +4.2% |
| 2003 | 468.52 billion current US$ | +18.2% |
| 2004 | 615.64 billion current US$ | +31.4% |
| 2005 | 696.81 billion current US$ | +13.2% |
| 2006 | 749.71 billion current US$ | +7.6% |
| 2007 | 856.60 billion current US$ | +14.3% |
| 2008 | 1.06 trillion current US$ | +23.6% |
| 2009 | 931.76 billion current US$ | -12.0% |
| 2010 | 1.15 trillion current US$ | +23.7% |
| 2011 | 1.40 trillion current US$ | +21.7% |
| 2012 | 1.55 trillion current US$ | +10.7% |
| 2013 | 1.58 trillion current US$ | +2.0% |
| 2014 | 1.47 trillion current US$ | -6.9% |
| 2015 | 1.36 trillion current US$ | -8.0% |
| 2016 | 1.21 trillion current US$ | -10.7% |
| 2017 | 1.33 trillion current US$ | +9.8% |
| 2018 | 1.43 trillion current US$ | +7.7% |
| 2019 | 1.40 trillion current US$ | -2.4% |
| 2020 | 1.33 trillion current US$ | -4.6% |
| 2021 | 1.56 trillion current US$ | +17.0% |
| 2022 | 1.70 trillion current US$ | +8.7% |
| 2023 | 1.73 trillion current US$ | +2.3% |
| 2024 | 1.76 trillion current US$ | +1.3% |
| 2025 | 1.80 trillion current US$ | +2.4% |
Australia compared with similar countries
- Australia's 1.80 trillion current US$ is above the median for high income countries, which is 102.03 billion current US$, 17.6× the median. (82 countries reporting)
- Australia's 1.80 trillion current US$ is above the median for East Asia & Pacific, which is 16.67 billion current US$, 107.9× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 25.71 billion current US$ | 18.64 billion current US$ | 36.74 billion current US$ | 10 |
| 1970s | 85.87 billion current US$ | 41.40 billion current US$ | 135.09 billion current US$ | 10 |
| 1980s | 198.30 billion current US$ | 150.20 billion current US$ | 300.26 billion current US$ | 10 |
| 1990s | 359.78 billion current US$ | 311.84 billion current US$ | 436.32 billion current US$ | 10 |
| 2000s | 657.12 billion current US$ | 380.36 billion current US$ | 1.06 trillion current US$ | 10 |
| 2010s | 1.39 trillion current US$ | 1.15 trillion current US$ | 1.58 trillion current US$ | 10 |
| 2020s | 1.65 trillion current US$ | 1.33 trillion current US$ | 1.80 trillion current US$ | 6 |
Countries ranked near Australia
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$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is gdp in Australia?
- Gdp in Australia was 1.80 trillion current US$ 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 1.80 trillion current US$ in 2025.
- What is the lowest gdp recorded in Australia?
- The lowest recorded value was 18.64 billion current US$ in 1960.
- How does Australia rank for gdp?
- Australia ranks 15th out of 214 countries with data for 2025.
- Is gdp rising or falling in Australia?
- Over the last ten years it is up 32.6%. 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 (current US$). Statizoid updates them automatically from the source API.
Download this data
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.