GDP growth in Australia
Australia: GDP growth was 1.4% in 2025. ◆ Volatile
GDP growth in Australia, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
The most recent figure for gdp growth in Australia is 1.4%, measured in 2025.
Compared with earlier readings it is down 1.7% on the previous year and down 37.6% over ten years.
Over the whole period, gdp growth in Australia peaked at 7.2% in 1970 and was at its lowest, -2.2%, in 1983.
That places Australia 163rd out of 213 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in Australia, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 2.5% | — |
| 1962 | 1.3% | -47.7% |
| 1963 | 6.2% | +379.2% |
| 1964 | 7.0% | +12.3% |
| 1965 | 6.0% | -14.3% |
| 1966 | 2.4% | -60.2% |
| 1967 | 6.3% | +164.9% |
| 1968 | 5.1% | -19.2% |
| 1969 | 7.0% | +38.3% |
| 1970 | 7.2% | +1.8% |
| 1971 | 4.0% | -44.2% |
| 1972 | 3.9% | -2.3% |
| 1973 | 2.6% | -33.0% |
| 1974 | 4.1% | +56.8% |
| 1975 | 1.3% | -67.4% |
| 1976 | 2.6% | +93.3% |
| 1977 | 3.6% | +38.8% |
| 1978 | 0.9% | -75.1% |
| 1979 | 4.1% | +352.5% |
| 1980 | 3.0% | -25.1% |
| 1981 | 3.3% | +10.1% |
| 1982 | 3.3% | -0.4% |
| 1983 | -2.2% | -166.9% |
| 1984 | 4.6% | -305.1% |
| 1985 | 5.3% | +15.7% |
| 1986 | 4.0% | -24.8% |
| 1987 | 2.6% | -35.6% |
| 1988 | 5.8% | +125.3% |
| 1989 | 3.9% | -32.7% |
| 1990 | 3.6% | -7.9% |
| 1991 | -0.4% | -110.8% |
| 1992 | 0.4% | -212.6% |
| 1993 | 4.0% | +834.2% |
| 1994 | 4.0% | -1.7% |
| 1995 | 3.9% | -2.2% |
| 1996 | 3.9% | -0.6% |
| 1997 | 3.9% | +1.4% |
| 1998 | 4.7% | +19.4% |
| 1999 | 5.0% | +7.5% |
| 2000 | 3.9% | -22.1% |
| 2001 | 2.0% | -48.1% |
| 2002 | 3.9% | +94.4% |
| 2003 | 3.1% | -21.7% |
| 2004 | 4.2% | +36.5% |
| 2005 | 3.2% | -25.2% |
| 2006 | 2.8% | -12.2% |
| 2007 | 3.8% | +36.8% |
| 2008 | 3.6% | -4.4% |
| 2009 | 2.0% | -46.1% |
| 2010 | 2.2% | +13.1% |
| 2011 | 2.4% | +8.4% |
| 2012 | 4.0% | +65.0% |
| 2013 | 2.7% | -32.8% |
| 2014 | 2.6% | -2.0% |
| 2015 | 2.2% | -16.8% |
| 2016 | 2.8% | +27.3% |
| 2017 | 2.3% | -16.8% |
| 2018 | 2.9% | +25.3% |
| 2019 | 2.2% | -23.7% |
| 2020 | -0.1% | -106.1% |
| 2021 | 2.0% | -1603.0% |
| 2022 | 4.3% | +111.9% |
| 2023 | 3.6% | -15.7% |
| 2024 | 1.4% | -61.7% |
| 2025 | 1.4% | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.9% | 1.3% | 7.0% | 9 |
| 1970s | 3.4% | 0.9% | 7.2% | 10 |
| 1980s | 3.3% | -2.2% | 5.8% | 10 |
| 1990s | 3.3% | -0.4% | 5.0% | 10 |
| 2000s | 3.3% | 2.0% | 4.2% | 10 |
| 2010s | 2.6% | 2.2% | 4.0% | 10 |
| 2020s | 2.1% | -0.1% | 4.3% | 6 |
Countries ranked near Australia
- 160 Sweden 1.5% compare
- 161 Azerbaijan 1.4% compare
- 162 United Kingdom of Great Britain and Northern Ireland 1.4% compare
- 164 Switzerland 1.3% compare
- 165 Belarus 1.3% compare
- 166 Iceland 1.3% 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)
- Net primary income (Net income from abroad) (current LCU), annual 17.26 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 4.1 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.064 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 4,169 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 5.45 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0989 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 6,441 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.4887 (2025)
Frequently asked questions
- What is gdp growth in Australia?
- Gdp growth in Australia was 1.4% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in Australia?
- The highest recorded value was 7.2% in 1970.
- What is the lowest gdp growth recorded in Australia?
- The lowest recorded value was -2.2% in 1983.
- How does Australia rank for gdp growth?
- Australia ranks 163rd out of 213 countries with data for 2025.
- Is gdp growth 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
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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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.