Gross domestic product (GDP), Constant prices, Purchasing power in Australia
Australia: Gross domestic product (GDP), Constant prices, Purchasing power was 1,281 in 2019. ◆ Volatile
Gross domestic product (GDP), Constant prices, Purchasing power in Australia, 1960–2019
Source: International Monetary Fund.
Analysis
Australia recorded 1,281 for gross domestic product (gdp), constant prices, purchasing power in 2019. That is the highest value across all 60 years on record.
The figure is up 1.8% on the previous year and up 29.1% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Australia peaked at 1,281 in 2019 and was at its lowest, 177.75, in 1960.
That places Australia 19th out of 193 countries with data for 2019, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Purchasing power in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 177.75 | — |
| 1961 | 177.82 | +0.0% |
| 1962 | 187.54 | +5.5% |
| 1963 | 199.06 | +6.1% |
| 1964 | 211.4 | +6.2% |
| 1965 | 222.01 | +5.0% |
| 1966 | 228.52 | +2.9% |
| 1967 | 244.95 | +7.2% |
| 1968 | 258.03 | +5.3% |
| 1969 | 274.06 | +6.2% |
| 1970 | 293.12 | +7.0% |
| 1971 | 304.52 | +3.9% |
| 1972 | 311.45 | +2.3% |
| 1973 | 325.01 | +4.4% |
| 1974 | 330.28 | +1.6% |
| 1975 | 338.48 | +2.5% |
| 1976 | 351.47 | +3.8% |
| 1977 | 356.69 | +1.5% |
| 1978 | 363.89 | +2.0% |
| 1979 | 380.56 | +4.6% |
| 1980 | 390.89 | +2.7% |
| 1981 | 407.24 | +4.2% |
| 1982 | 405.79 | -0.4% |
| 1983 | 405 | -0.2% |
| 1984 | 431.66 | +6.6% |
| 1985 | 453.35 | +5.0% |
| 1986 | 461.76 | +1.9% |
| 1987 | 486.2 | +5.3% |
| 1988 | 507.76 | +4.4% |
| 1989 | 529.64 | +4.3% |
| 1990 | 537.08 | +1.4% |
| 1991 | 529.92 | -1.3% |
| 1992 | 545.72 | +3.0% |
| 1993 | 568.07 | +4.1% |
| 1994 | 594.98 | +4.7% |
| 1995 | 613.3 | +3.1% |
| 1996 | 638.12 | +4.0% |
| 1997 | 664.71 | +4.2% |
| 1998 | 697.85 | +5.0% |
| 1999 | 727.21 | +4.2% |
| 2000 | 751.29 | +3.3% |
| 2001 | 771.54 | +2.7% |
| 2002 | 802.42 | +4.0% |
| 2003 | 825.64 | +2.9% |
| 2004 | 858.38 | +4.0% |
| 2005 | 884.67 | +3.1% |
| 2006 | 909.07 | +2.8% |
| 2007 | 949.33 | +4.4% |
| 2008 | 973.45 | +2.5% |
| 2009 | 991.85 | +1.9% |
| 2010 | 1,016 | +2.4% |
| 2011 | 1,044 | +2.7% |
| 2012 | 1,085 | +3.9% |
| 2013 | 1,108 | +2.1% |
| 2014 | 1,136 | +2.6% |
| 2015 | 1,162 | +2.3% |
| 2016 | 1,194 | +2.8% |
| 2017 | 1,224 | +2.5% |
| 2018 | 1,258 | +2.8% |
| 2019 | 1,281 | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 218.11 | 177.75 | 274.06 | 10 |
| 1970s | 335.55 | 293.12 | 380.56 | 10 |
| 1980s | 447.93 | 390.89 | 529.64 | 10 |
| 1990s | 611.7 | 529.92 | 727.21 | 10 |
| 2000s | 871.76 | 751.29 | 991.85 | 10 |
| 2010s | 1,151 | 1,016 | 1,281 | 10 |
Countries ranked near Australia
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), constant prices, purchasing power in Australia?
- Gross domestic product (gdp), constant prices, purchasing power in Australia was 1,281 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Australia?
- The highest recorded value was 1,281 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Australia?
- The lowest recorded value was 177.75 in 1960.
- How does Australia rank for gross domestic product (gdp), constant prices, purchasing power?
- Australia ranks 19th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Australia?
- Over the last ten years it is up 29.1%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.