Gross domestic product (GDP) in Australia
Australia: Gross domestic product (GDP) was 1.66 trillion international-$ in 2021 prices in 2025. ▲ Rising
Latest (2025)
1.66 trillion international-$ in 2021 prices
Change on year
up 1.4%
World rank
21st
of 198 countries
All-time high
1.66 trillion international-$ in 2021 prices
in 2025
All-time low
616.53 billion international-$ in 2021 prices
in 1991
Years of data
36
1990–2025
Gross domestic product (GDP) in Australia, 1990–2025
Source: Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Australia is 1.66 trillion international-$ in 2021 prices, measured in 2025. That is the highest value across all 36 years on record.
The figure is 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 1.66 trillion international-$ in 2021 prices in 2025 and was at its lowest, 616.53 billion international-$ in 2021 prices, in 1991.
Australia ranks 21st of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Gross domestic product (GDP) in Australia, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1990 | 618.91 billion international-$ in 2021 prices | — |
| 1991 | 616.53 billion international-$ in 2021 prices | -0.4% |
| 1992 | 619.20 billion international-$ in 2021 prices | +0.4% |
| 1993 | 644.25 billion international-$ in 2021 prices | +4.0% |
| 1994 | 669.89 billion international-$ in 2021 prices | +4.0% |
| 1995 | 695.95 billion international-$ in 2021 prices | +3.9% |
| 1996 | 722.85 billion international-$ in 2021 prices | +3.9% |
| 1997 | 751.17 billion international-$ in 2021 prices | +3.9% |
| 1998 | 786.30 billion international-$ in 2021 prices | +4.7% |
| 1999 | 825.84 billion international-$ in 2021 prices | +5.0% |
| 2000 | 858.18 billion international-$ in 2021 prices | +3.9% |
| 2001 | 875.62 billion international-$ in 2021 prices | +2.0% |
| 2002 | 910.20 billion international-$ in 2021 prices | +3.9% |
| 2003 | 938.34 billion international-$ in 2021 prices | +3.1% |
| 2004 | 977.92 billion international-$ in 2021 prices | +4.2% |
| 2005 | 1.01 trillion international-$ in 2021 prices | +3.2% |
| 2006 | 1.04 trillion international-$ in 2021 prices | +2.8% |
| 2007 | 1.08 trillion international-$ in 2021 prices | +3.8% |
| 2008 | 1.12 trillion international-$ in 2021 prices | +3.6% |
| 2009 | 1.14 trillion international-$ in 2021 prices | +2.0% |
| 2010 | 1.16 trillion international-$ in 2021 prices | +2.2% |
| 2011 | 1.19 trillion international-$ in 2021 prices | +2.4% |
| 2012 | 1.24 trillion international-$ in 2021 prices | +4.0% |
| 2013 | 1.27 trillion international-$ in 2021 prices | +2.7% |
| 2014 | 1.30 trillion international-$ in 2021 prices | +2.6% |
| 2015 | 1.33 trillion international-$ in 2021 prices | +2.2% |
| 2016 | 1.37 trillion international-$ in 2021 prices | +2.8% |
| 2017 | 1.40 trillion international-$ in 2021 prices | +2.3% |
| 2018 | 1.44 trillion international-$ in 2021 prices | +2.9% |
| 2019 | 1.47 trillion international-$ in 2021 prices | +2.2% |
| 2020 | 1.47 trillion international-$ in 2021 prices | -0.1% |
| 2021 | 1.50 trillion international-$ in 2021 prices | +2.0% |
| 2022 | 1.56 trillion international-$ in 2021 prices | +4.3% |
| 2023 | 1.62 trillion international-$ in 2021 prices | +3.6% |
| 2024 | 1.64 trillion international-$ in 2021 prices | +1.4% |
| 2025 | 1.66 trillion international-$ in 2021 prices | +1.3% |
Australia compared with similar countries
- Australia's 1.66 trillion international-$ in 2021 prices is above the median for high income countries, which is 209.44 billion international-$ in 2021 prices, 7.9× the median. (74 countries reporting)
- Australia's 1.66 trillion international-$ in 2021 prices is above the median for East Asia & Pacific, which is 69.86 billion international-$ in 2021 prices, 23.8× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 695.09 billion international-$ in 2021 prices | 616.53 billion international-$ in 2021 prices | 825.84 billion international-$ in 2021 prices | 10 |
| 2000s | 993.36 billion international-$ in 2021 prices | 858.18 billion international-$ in 2021 prices | 1.14 trillion international-$ in 2021 prices | 10 |
| 2010s | 1.32 trillion international-$ in 2021 prices | 1.16 trillion international-$ in 2021 prices | 1.47 trillion international-$ in 2021 prices | 10 |
| 2020s | 1.57 trillion international-$ in 2021 prices | 1.47 trillion international-$ in 2021 prices | 1.66 trillion international-$ in 2021 prices | 6 |
Countries ranked near Australia
- 18 Egypt 2.04 trillion international-$ in 2021 prices compare
- 19 Nigeria 1.93 trillion international-$ in 2021 prices compare
- 20 Poland 1.71 trillion international-$ in 2021 prices compare
- 22 Thailand 1.61 trillion international-$ in 2021 prices compare
- 23 Vietnam 1.57 trillion international-$ in 2021 prices compare
- 24 Iran 1.56 trillion international-$ in 2021 prices 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$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Australia?
- Gross domestic product (gdp) in Australia was 1.66 trillion international-$ in 2021 prices in 2025, according to Eurostat, OECD, IMF, and World Bank (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 1.66 trillion international-$ in 2021 prices in 2025.
- What is the lowest gross domestic product (gdp) recorded in Australia?
- The lowest recorded value was 616.53 billion international-$ in 2021 prices in 1991.
- How does Australia rank for gross domestic product (gdp)?
- Australia ranks 21st out of 198 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 rising.
- Where does this Australia data come from?
- The figures come from Eurostat, OECD, IMF, and World Bank (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
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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.