Gross domestic product (GDP) in Australia
Australia: Gross domestic product (GDP) was 1.69 trillion constant 2015 US$ in 2025. ◆ Volatile
Gross domestic product (GDP) in Australia, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
In 2025, gross domestic product (gdp) in Australia stood at 1.69 trillion constant 2015 US$. That is the highest value across all 66 years on record.
That represents a change of up 1.4% on the previous year and up 24.9% over ten years.
Over the whole period, gross domestic product (gdp) in Australia peaked at 1.69 trillion constant 2015 US$ in 2025 and was at its lowest, 205.09 billion constant 2015 US$, in 1960.
Australia ranks 12th of 209 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 250.12 billion constant 2015 US$ | 205.09 billion constant 2015 US$ | 313.91 billion constant 2015 US$ | 10 |
| 1970s | 388.83 billion constant 2015 US$ | 336.44 billion constant 2015 US$ | 439.14 billion constant 2015 US$ | 10 |
| 1980s | 518.06 billion constant 2015 US$ | 452.47 billion constant 2015 US$ | 609.22 billion constant 2015 US$ | 10 |
| 1990s | 708.65 billion constant 2015 US$ | 628.56 billion constant 2015 US$ | 841.96 billion constant 2015 US$ | 10 |
| 2000s | 1.01 trillion constant 2015 US$ | 874.93 billion constant 2015 US$ | 1.16 trillion constant 2015 US$ | 10 |
| 2010s | 1.34 trillion constant 2015 US$ | 1.18 trillion constant 2015 US$ | 1.50 trillion constant 2015 US$ | 10 |
| 2020s | 1.61 trillion constant 2015 US$ | 1.50 trillion constant 2015 US$ | 1.69 trillion constant 2015 US$ | 6 |
Countries ranked near Australia
- 9 Italy 2.05 trillion constant 2015 US$ compare
- 10 South Korea 1.94 trillion constant 2015 US$ compare
- 11 Canada 1.89 trillion constant 2015 US$ compare
- 13 Russia 1.64 trillion constant 2015 US$ compare
- 14 Spain 1.47 trillion constant 2015 US$ compare
- 15 Turkey 1.36 trillion constant 2015 US$ 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)
- 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)
- Taxes less subsidies on products 115.11 billion current US$ (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Australia?
- Gross domestic product (gdp) in Australia was 1.69 trillion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Australia?
- The highest recorded value was 1.69 trillion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in Australia?
- The lowest recorded value was 205.09 billion constant 2015 US$ in 1960.
- How does Australia rank for gross domestic product (gdp)?
- Australia ranks 12th out of 209 countries with data for 2025.
- Is gross domestic product (gdp) rising or falling in Australia?
- Over the last ten years it is up 24.9%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 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 by inflation but _does not_ account for differences in living costs between countries.