Gross domestic product (GDP) by world region in Australia
Australia: Gross domestic product (GDP) by world region was 1.34 trillion international-$ in 2011 prices in 2022. ◆ Volatile
Latest (2022)
1.34 trillion international-$ in 2011 prices
Change on year
up 3.7%
World rank
20th
of 165 countries
All-time high
1.34 trillion international-$ in 2011 prices
in 2022
All-time low
275.88 million international-$ in 2011 prices
in 1820
Years of data
203
1820–2022
Gross domestic product (GDP) by world region in Australia, 1820–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
In 2022, gross domestic product (gdp) by world region in Australia stood at 1.34 trillion international-$ in 2011 prices. That is the highest value across all 203 years on record.
The figure is up 3.7% on the previous year and up 26.5% over ten years.
Over the whole period, gross domestic product (gdp) by world region in Australia peaked at 1.34 trillion international-$ in 2011 prices in 2022 and was at its lowest, 275.88 million international-$ in 2011 prices, in 1820.
Australia ranks 20th of 165 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1820s | 313.87 million international-$ in 2011 prices | 275.88 million international-$ in 2011 prices | 363.16 million international-$ in 2011 prices | 10 |
| 1830s | 586.09 million international-$ in 2011 prices | 446.16 million international-$ in 2011 prices | 720.52 million international-$ in 2011 prices | 10 |
| 1840s | 1.23 billion international-$ in 2011 prices | 792.36 million international-$ in 2011 prices | 1.92 billion international-$ in 2011 prices | 10 |
| 1850s | 3.96 billion international-$ in 2011 prices | 1.90 billion international-$ in 2011 prices | 6.05 billion international-$ in 2011 prices | 10 |
| 1860s | 7.09 billion international-$ in 2011 prices | 6.04 billion international-$ in 2011 prices | 8.63 billion international-$ in 2011 prices | 10 |
| 1870s | 11.56 billion international-$ in 2011 prices | 8.81 billion international-$ in 2011 prices | 14.26 billion international-$ in 2011 prices | 10 |
| 1880s | 18.38 billion international-$ in 2011 prices | 15.01 billion international-$ in 2011 prices | 22.87 billion international-$ in 2011 prices | 10 |
| 1890s | 21.14 billion international-$ in 2011 prices | 19.23 billion international-$ in 2011 prices | 23.77 billion international-$ in 2011 prices | 10 |
| 1900s | 27.52 billion international-$ in 2011 prices | 23.22 billion international-$ in 2011 prices | 33.97 billion international-$ in 2011 prices | 10 |
| 1910s | 38.11 billion international-$ in 2011 prices | 36.33 billion international-$ in 2011 prices | 39.63 billion international-$ in 2011 prices | 10 |
| 1920s | 49.54 billion international-$ in 2011 prices | 40.70 billion international-$ in 2011 prices | 54.78 billion international-$ in 2011 prices | 10 |
| 1930s | 55.59 billion international-$ in 2011 prices | 45.30 billion international-$ in 2011 prices | 64.96 billion international-$ in 2011 prices | 10 |
| 1940s | 82.41 billion international-$ in 2011 prices | 69.21 billion international-$ in 2011 prices | 91.35 billion international-$ in 2011 prices | 10 |
| 1950s | 115.81 billion international-$ in 2011 prices | 97.68 billion international-$ in 2011 prices | 139.34 billion international-$ in 2011 prices | 10 |
| 1960s | 180.93 billion international-$ in 2011 prices | 145.19 billion international-$ in 2011 prices | 228.13 billion international-$ in 2011 prices | 10 |
| 1970s | 284.84 billion international-$ in 2011 prices | 242.65 billion international-$ in 2011 prices | 329.19 billion international-$ in 2011 prices | 10 |
| 1980s | 385.83 billion international-$ in 2011 prices | 335.76 billion international-$ in 2011 prices | 457.18 billion international-$ in 2011 prices | 10 |
| 1990s | 545.82 billion international-$ in 2011 prices | 461.30 billion international-$ in 2011 prices | 664.52 billion international-$ in 2011 prices | 10 |
| 2000s | 825.63 billion international-$ in 2011 prices | 692.06 billion international-$ in 2011 prices | 963.13 billion international-$ in 2011 prices | 10 |
| 2010s | 1.13 trillion international-$ in 2011 prices | 993.85 billion international-$ in 2011 prices | 1.26 trillion international-$ in 2011 prices | 10 |
| 2020s | 1.29 trillion international-$ in 2011 prices | 1.23 trillion international-$ in 2011 prices | 1.34 trillion international-$ in 2011 prices | 3 |
Countries ranked near Australia
- 17 Spain 1.63 trillion international-$ in 2011 prices compare
- 18 Iran 1.57 trillion international-$ in 2011 prices compare
- 19 Egypt 1.46 trillion international-$ in 2011 prices compare
- 21 Pakistan 1.32 trillion international-$ in 2011 prices compare
- 22 Taiwan 1.25 trillion international-$ in 2011 prices compare
- 23 Poland 1.23 trillion international-$ in 2011 prices compare
More economy & growth data for Australia
- External balance on goods and services as a percent of GDP 0.6% (2025)
- Inflation of consumer prices 2.9% (2025)
- GDP per capita 61,369 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 5.3% (2025)
- Gross domestic product (GDP) 1.69 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 61,369 constant 2015 US$ (2025)
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -521.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -337.19 million current US$ (2025)
- Taxes less subsidies on products 177.87 billion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) by world region in Australia?
- Gross domestic product (gdp) by world region in Australia was 1.34 trillion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) by world region recorded in Australia?
- The highest recorded value was 1.34 trillion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) by world region recorded in Australia?
- The lowest recorded value was 275.88 million international-$ in 2011 prices in 1820.
- How does Australia rank for gross domestic product (gdp) by world region?
- Australia ranks 20th out of 165 countries with data for 2022.
- Is gross domestic product (gdp) by world region rising or falling in Australia?
- Over the last ten years it is up 26.5%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP) by world region. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 203 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.