Gross domestic product (GDP), Current prices, Per capita, Domestic in Australia
Australia: Gross domestic product (GDP), Current prices, Per capita, Domestic was 125,461 in 2031. ◆ Volatile
Gross domestic product (GDP), Current prices, Per capita, Domestic in Australia, 1980–2031
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), current prices, per capita, domestic in Australia is 125,461, measured in 2031. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 3.4% on the previous year and up 46.4% over ten years.
Over the whole period, gross domestic product (gdp), current prices, per capita, domestic in Australia peaked at 125,461 in 2031 and was at its lowest, 9,672, in 1980.
That places Australia 18th out of 26 countries with data for 2031, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Per capita, Domestic in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 9,672 | — |
| 1981 | 10,914 | +12.8% |
| 1982 | 12,041 | +10.3% |
| 1983 | 12,862 | +6.8% |
| 1984 | 14,315 | +11.3% |
| 1985 | 15,670 | +9.5% |
| 1986 | 16,783 | +7.1% |
| 1987 | 18,570 | +10.6% |
| 1988 | 20,745 | +11.7% |
| 1989 | 23,011 | +10.9% |
| 1990 | 24,200 | +5.2% |
| 1991 | 23,996 | -0.8% |
| 1992 | 24,668 | +2.8% |
| 1993 | 25,691 | +4.1% |
| 1994 | 27,032 | +5.2% |
| 1995 | 28,268 | +4.6% |
| 1996 | 29,636 | +4.8% |
| 1997 | 31,012 | +4.6% |
| 1998 | 32,460 | +4.7% |
| 1999 | 33,803 | +4.1% |
| 2000 | 35,982 | +6.4% |
| 2001 | 37,746 | +4.9% |
| 2002 | 39,972 | +5.9% |
| 2003 | 41,938 | +4.9% |
| 2004 | 44,685 | +6.5% |
| 2005 | 47,549 | +6.4% |
| 2006 | 50,507 | +6.2% |
| 2007 | 54,016 | +6.9% |
| 2008 | 57,684 | +6.8% |
| 2009 | 58,040 | +0.6% |
| 2010 | 61,726 | +6.4% |
| 2011 | 65,402 | +6.0% |
| 2012 | 66,358 | +1.5% |
| 2013 | 67,662 | +2.0% |
| 2014 | 68,561 | +1.3% |
| 2015 | 68,631 | +0.1% |
| 2016 | 69,883 | +1.8% |
| 2017 | 73,026 | +4.5% |
| 2018 | 75,618 | +3.5% |
| 2019 | 78,433 | +3.7% |
| 2020 | 77,230 | -1.5% |
| 2021 | 85,678 | +10.9% |
| 2022 | 94,647 | +10.5% |
| 2023 | 97,546 | +3.1% |
| 2024 | 99,534 | +2.0% |
| 2025 | 102,935 | +3.4% |
| 2026 | 107,441 | +4.4% |
| 2027 | 110,694 | +3.0% |
| 2028 | 113,910 | +2.9% |
| 2029 | 117,418 | +3.1% |
| 2030 | 121,359 | +3.4% |
| 2031 | 125,461 | +3.4% |
Australia compared with similar countries
- Australia's 125,461 is below the median for high income countries, which is 150,009, 84% of the median. (13 countries reporting)
- Australia's 125,461 is below the median for East Asia & Pacific, which is 328,632, 38% of the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15,458 | 9,672 | 23,011 | 10 |
| 1990s | 28,076 | 23,996 | 33,803 | 10 |
| 2000s | 46,812 | 35,982 | 58,040 | 10 |
| 2010s | 69,530 | 61,726 | 78,433 | 10 |
| 2020s | 100,703 | 77,230 | 117,418 | 10 |
| 2030s | 123,410 | 121,359 | 125,461 | 2 |
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), current prices, per capita, domestic in Australia?
- Gross domestic product (gdp), current prices, per capita, domestic in Australia was 125,461 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, per capita, domestic recorded in Australia?
- The highest recorded value was 125,461 in 2031.
- What is the lowest gross domestic product (gdp), current prices, per capita, domestic recorded in Australia?
- The lowest recorded value was 9,672 in 1980.
- How does Australia rank for gross domestic product (gdp), current prices, per capita, domestic?
- Australia ranks 18th out of 26 countries with data for 2031.
- Is gross domestic product (gdp), current prices, per capita, domestic rising or falling in Australia?
- Over the last ten years it is up 46.4%. 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), Current prices, Per capita, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.