GDP, PPP in Australia
Australia: GDP, PPP was 1.99 trillion current international $ in 2025. ◆ Volatile
GDP, PPP in Australia, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
The most recent figure for gdp, ppp in Australia is 1.99 trillion current international $, measured in 2025. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 1.3% on the previous year and up 79.5% over ten years.
Over the whole period, gdp, ppp in Australia peaked at 1.99 trillion current international $ in 2025 and was at its lowest, 296.69 billion current international $, in 1990.
That places Australia 20th out of 204 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP, PPP in Australia, year by year
| Year | current international $ | Change |
|---|---|---|
| 1990 | 296.69 billion current international $ | — |
| 1991 | 308.33 billion current international $ | +3.9% |
| 1992 | 319.14 billion current international $ | +3.5% |
| 1993 | 338.95 billion current international $ | +6.2% |
| 1994 | 359.20 billion current international $ | +6.0% |
| 1995 | 379.00 billion current international $ | +5.5% |
| 1996 | 403.38 billion current international $ | +6.4% |
| 1997 | 426.34 billion current international $ | +5.7% |
| 1998 | 453.77 billion current international $ | +6.4% |
| 1999 | 480.29 billion current international $ | +5.8% |
| 2000 | 505.88 billion current international $ | +5.3% |
| 2001 | 533.67 billion current international $ | +5.5% |
| 2002 | 566.92 billion current international $ | +6.2% |
| 2003 | 594.92 billion current international $ | +4.9% |
| 2004 | 634.15 billion current international $ | +6.6% |
| 2005 | 667.65 billion current international $ | +5.3% |
| 2006 | 713.54 billion current international $ | +6.9% |
| 2007 | 764.54 billion current international $ | +7.1% |
| 2008 | 799.31 billion current international $ | +4.5% |
| 2009 | 877.09 billion current international $ | +9.7% |
| 2010 | 870.35 billion current international $ | -0.8% |
| 2011 | 941.70 billion current international $ | +8.2% |
| 2012 | 977.70 billion current international $ | +3.8% |
| 2013 | 1.07 trillion current international $ | +9.1% |
| 2014 | 1.11 trillion current international $ | +3.7% |
| 2015 | 1.11 trillion current international $ | +0.1% |
| 2016 | 1.15 trillion current international $ | +3.7% |
| 2017 | 1.19 trillion current international $ | +4.1% |
| 2018 | 1.26 trillion current international $ | +5.3% |
| 2019 | 1.34 trillion current international $ | +6.6% |
| 2020 | 1.39 trillion current international $ | +3.7% |
| 2021 | 1.50 trillion current international $ | +7.8% |
| 2022 | 1.72 trillion current international $ | +14.8% |
| 2023 | 1.93 trillion current international $ | +12.0% |
| 2024 | 1.96 trillion current international $ | +1.8% |
| 2025 | 1.99 trillion current international $ | +1.3% |
Australia compared with similar countries
- Australia's 1.99 trillion current international $ is above the median for high income countries, which is 249.67 billion current international $, 8.0× the median. (74 countries reporting)
- Australia's 1.99 trillion current international $ is above the median for East Asia & Pacific, which is 81.75 billion current international $, 24.3× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 376.51 billion current international $ | 296.69 billion current international $ | 480.29 billion current international $ | 10 |
| 2000s | 665.77 billion current international $ | 505.88 billion current international $ | 877.09 billion current international $ | 10 |
| 2010s | 1.10 trillion current international $ | 870.35 billion current international $ | 1.34 trillion current international $ | 10 |
| 2020s | 1.75 trillion current international $ | 1.39 trillion current international $ | 1.99 trillion current international $ | 6 |
Countries ranked near Australia
- 17 Saudi Arabia 2.73 trillion current international $ compare
- 18 Egypt 2.39 trillion current international $ compare
- 19 Nigeria 2.26 trillion current international $ compare
- 21 Poland 1.98 trillion current international $ compare
- 22 Thailand 1.88 trillion current international $ compare
- 23 Vietnam 1.84 trillion current international $ 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)
- 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, ppp in Australia?
- Gdp, ppp in Australia was 1.99 trillion current international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp, ppp recorded in Australia?
- The highest recorded value was 1.99 trillion current international $ in 2025.
- What is the lowest gdp, ppp recorded in Australia?
- The lowest recorded value was 296.69 billion current international $ in 1990.
- How does Australia rank for gdp, ppp?
- Australia ranks 20th out of 204 countries with data for 2025.
- Is gdp, ppp rising or falling in Australia?
- Over the last ten years it is up 79.5%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP, PPP (current international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross domestic product (GDP) expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.