GDP per capita in Australia

Australia: GDP per capita was 64,333 international-$ in 2021 prices in 2023. ▲ Rising

Latest (2023)
64,333 international-$ in 2021 prices
Change on year
down 0.1%
World rank
14th
of 184 countries
All-time high
64,392 international-$ in 2021 prices
in 2022
All-time low
14,173 international-$ in 2021 prices
in 1952
Years of data
74
1950–2023

GDP per capita in Australia, 1950–2023

20.0k40.0k60.0k195019862023

Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

In 2023, gdp per capita in Australia stood at 64,333 international-$ in 2021 prices.

The figure is down 0.1% on the previous year and up 10.0% over ten years.

Over the whole period, gdp per capita in Australia peaked at 64,392 international-$ in 2021 prices in 2022 and was at its lowest, 14,173 international-$ in 2021 prices, in 1952.

Australia ranks 14th of 184 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 74 years of available data.

GDP per capita in Australia, year by year

Annual values for GDP per capita in Australia, 1950 to 2023.
Year international-$ in 2021 prices Change
1950 15,580 international-$ in 2021 prices —
1951 14,648 international-$ in 2021 prices -6.0%
1952 14,173 international-$ in 2021 prices -3.2%
1953 15,645 international-$ in 2021 prices +10.4%
1954 16,410 international-$ in 2021 prices +4.9%
1955 16,826 international-$ in 2021 prices +2.5%
1956 16,693 international-$ in 2021 prices -0.8%
1957 16,446 international-$ in 2021 prices -1.5%
1958 17,369 international-$ in 2021 prices +5.6%
1959 18,107 international-$ in 2021 prices +4.3%
1960 17,977 international-$ in 2021 prices -0.7%
1961 18,112 international-$ in 2021 prices +0.7%
1962 18,753 international-$ in 2021 prices +3.5%
1963 19,713 international-$ in 2021 prices +5.1%
1964 20,284 international-$ in 2021 prices +2.9%
1965 20,175 international-$ in 2021 prices -0.5%
1966 21,161 international-$ in 2021 prices +4.9%
1967 21,721 international-$ in 2021 prices +2.6%
1968 22,916 international-$ in 2021 prices +5.5%
1969 24,113 international-$ in 2021 prices +5.2%
1970 24,509 international-$ in 2021 prices +1.6%
1971 24,692 international-$ in 2021 prices +0.7%
1972 24,904 international-$ in 2021 prices +0.9%
1973 25,600 international-$ in 2021 prices +2.8%
1974 24,407 international-$ in 2021 prices -4.7%
1975 24,570 international-$ in 2021 prices +0.7%
1976 25,392 international-$ in 2021 prices +3.3%
1977 25,566 international-$ in 2021 prices +0.7%
1978 26,442 international-$ in 2021 prices +3.4%
1979 26,981 international-$ in 2021 prices +2.0%
1980 27,502 international-$ in 2021 prices +1.9%
1981 28,306 international-$ in 2021 prices +2.9%
1982 27,238 international-$ in 2021 prices -3.8%
1983 28,412 international-$ in 2021 prices +4.3%
1984 29,084 international-$ in 2021 prices +2.4%
1985 29,466 international-$ in 2021 prices +1.3%
1986 29,846 international-$ in 2021 prices +1.3%
1987 31,796 international-$ in 2021 prices +6.5%
1988 33,046 international-$ in 2021 prices +3.9%
1989 33,714 international-$ in 2021 prices +2.0%
1990 33,208 international-$ in 2021 prices -1.5%
1991 32,734 international-$ in 2021 prices -1.4%
1992 33,699 international-$ in 2021 prices +2.9%
1993 34,557 international-$ in 2021 prices +2.5%
1994 35,802 international-$ in 2021 prices +3.6%
1995 37,332 international-$ in 2021 prices +4.3%
1996 39,025 international-$ in 2021 prices +4.5%
1997 40,523 international-$ in 2021 prices +3.8%
1998 41,394 international-$ in 2021 prices +2.1%
1999 42,894 international-$ in 2021 prices +3.6%
2000 43,756 international-$ in 2021 prices +2.0%
2001 44,663 international-$ in 2021 prices +2.1%
2002 45,339 international-$ in 2021 prices +1.5%
2003 46,796 international-$ in 2021 prices +3.2%
2004 47,826 international-$ in 2021 prices +2.2%
2005 50,564 international-$ in 2021 prices +5.7%
2006 50,818 international-$ in 2021 prices +0.5%
2007 51,249 international-$ in 2021 prices +0.8%
2008 52,875 international-$ in 2021 prices +3.2%
2009 51,943 international-$ in 2021 prices -1.8%
2010 56,104 international-$ in 2021 prices +8.0%
2011 58,474 international-$ in 2021 prices +4.2%
2012 57,268 international-$ in 2021 prices -2.1%
2013 58,495 international-$ in 2021 prices +2.1%
2014 57,764 international-$ in 2021 prices -1.3%
2015 53,899 international-$ in 2021 prices -6.7%
2016 56,807 international-$ in 2021 prices +5.4%
2017 57,594 international-$ in 2021 prices +1.4%
2018 59,484 international-$ in 2021 prices +3.3%
2019 60,344 international-$ in 2021 prices +1.4%
2020 61,486 international-$ in 2021 prices +1.9%
2021 63,175 international-$ in 2021 prices +2.7%
2022 64,392 international-$ in 2021 prices +1.9%
2023 64,333 international-$ in 2021 prices -0.1%

Australia compared with similar countries

  • Australia's 64,333 international-$ in 2021 prices is above the median for high income countries, which is 45,556 international-$ in 2021 prices, 1.4× the median. (66 countries reporting)
  • Australia's 64,333 international-$ in 2021 prices is above the median for East Asia & Pacific, which is 23,029 international-$ in 2021 prices, 2.8× the median. (19 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1950s 16,190 international-$ in 2021 prices 14,173 international-$ in 2021 prices 18,107 international-$ in 2021 prices 10
1960s 20,493 international-$ in 2021 prices 17,977 international-$ in 2021 prices 24,113 international-$ in 2021 prices 10
1970s 25,306 international-$ in 2021 prices 24,407 international-$ in 2021 prices 26,981 international-$ in 2021 prices 10
1980s 29,841 international-$ in 2021 prices 27,238 international-$ in 2021 prices 33,714 international-$ in 2021 prices 10
1990s 37,117 international-$ in 2021 prices 32,734 international-$ in 2021 prices 42,894 international-$ in 2021 prices 10
2000s 48,583 international-$ in 2021 prices 43,756 international-$ in 2021 prices 52,875 international-$ in 2021 prices 10
2010s 57,623 international-$ in 2021 prices 53,899 international-$ in 2021 prices 60,344 international-$ in 2021 prices 10
2020s 63,346 international-$ in 2021 prices 61,486 international-$ in 2021 prices 64,392 international-$ in 2021 prices 4

Countries ranked near Australia

  1. 11 Netherlands 69,838 international-$ in 2021 prices compare
  2. 12 Denmark 65,903 international-$ in 2021 prices compare
  3. 13 Macao 64,662 international-$ in 2021 prices compare
  4. 15 Iceland 63,196 international-$ in 2021 prices compare
  5. 16 Austria 62,853 international-$ in 2021 prices compare
  6. 17 Bermuda 62,179 international-$ in 2021 prices compare

See the full ranking of 184 places →

More economy & growth data for Australia

All data for Australia →

Frequently asked questions

What is gdp per capita in Australia?
Gdp per capita in Australia was 64,333 international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
What is the highest gdp per capita recorded in Australia?
The highest recorded value was 64,392 international-$ in 2021 prices in 2022.
What is the lowest gdp per capita recorded in Australia?
The lowest recorded value was 14,173 international-$ in 2021 prices in 1952.
How does Australia rank for gdp per capita?
Australia ranks 14th out of 184 countries with data for 2023.
Is gdp per capita rising or falling in Australia?
Over the last ten years it is up 10.0%. The long-run trend across the full record is rising.
Where does this Australia data come from?
The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.

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GDP per capita in Australia. Statizoid, drawing on Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Retrieved 28 September 2026, from https://economy.statizoid.com/stat/gdp-per-capita-penn-world-table/australia/

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About this data

Indicator
GDP per capita
Unit
international-$ in 2021 prices
Source
Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.