Gross domestic product (GDP), Price deflator, Index in Australia
Australia: Gross domestic product (GDP), Price deflator, Index was 120.65 in 2031. ▲ Rising
Gross domestic product (GDP), Price deflator, Index in Australia, 1980–2031
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), price deflator, index in Australia is 120.65, measured in 2031. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 2.2% on the previous year and up 36.9% over ten years.
Over the whole period, gross domestic product (gdp), price deflator, index in Australia peaked at 120.65 in 2031 and was at its lowest, 19.53, in 1980.
Australia ranks 24th of 26 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 52 years of available data.
Gross domestic product (GDP), Price deflator, Index in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 19.53 | — |
| 1981 | 21.51 | +10.1% |
| 1982 | 24.11 | +12.1% |
| 1983 | 26.21 | +8.7% |
| 1984 | 27.77 | +6.0% |
| 1985 | 29.23 | +5.3% |
| 1986 | 31.02 | +6.1% |
| 1987 | 33.24 | +7.2% |
| 1988 | 36.26 | +9.1% |
| 1989 | 39.01 | +7.6% |
| 1990 | 40.98 | +5.0% |
| 1991 | 41.54 | +1.4% |
| 1992 | 42.05 | +1.2% |
| 1993 | 42.53 | +1.1% |
| 1994 | 43.09 | +1.3% |
| 1995 | 44.32 | +2.9% |
| 1996 | 45.21 | +2.0% |
| 1997 | 45.62 | +0.9% |
| 1998 | 46.09 | +1.0% |
| 1999 | 46.49 | +0.9% |
| 2000 | 48.56 | +4.4% |
| 2001 | 50.29 | +3.6% |
| 2002 | 51.72 | +2.8% |
| 2003 | 53.26 | +3.0% |
| 2004 | 55.12 | +3.5% |
| 2005 | 57.67 | +4.6% |
| 2006 | 60.62 | +5.1% |
| 2007 | 63.29 | +4.4% |
| 2008 | 67.28 | +6.3% |
| 2009 | 67.58 | +0.5% |
| 2010 | 71.16 | +5.3% |
| 2011 | 74.53 | +4.7% |
| 2012 | 74.11 | -0.6% |
| 2013 | 75.1 | +1.3% |
| 2014 | 75.29 | +0.3% |
| 2015 | 74.73 | -0.7% |
| 2016 | 75.33 | +0.8% |
| 2017 | 78.06 | +3.6% |
| 2018 | 79.87 | +2.3% |
| 2019 | 82.45 | +3.2% |
| 2020 | 83.24 | +1.0% |
| 2021 | 88.14 | +5.9% |
| 2022 | 95.41 | +8.3% |
| 2023 | 98.61 | +3.3% |
| 2024 | 101.21 | +2.6% |
| 2025 | 103.93 | +2.7% |
| 2026 | 107.67 | +3.6% |
| 2027 | 110.39 | +2.5% |
| 2028 | 112.86 | +2.2% |
| 2029 | 115.36 | +2.2% |
| 2030 | 118 | +2.3% |
| 2031 | 120.65 | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 28.79 | 19.53 | 39.01 | 10 |
| 1990s | 43.79 | 40.98 | 46.49 | 10 |
| 2000s | 57.54 | 48.56 | 67.58 | 10 |
| 2010s | 76.07 | 71.16 | 82.45 | 10 |
| 2020s | 101.68 | 83.24 | 115.36 | 10 |
| 2030s | 119.32 | 118 | 120.65 | 2 |
Countries ranked near Australia
- 21 United Arab Emirates 124.09 compare
- 22 Chinese Taipei 121.75 compare
- 23 Hong Kong, China 120.71 compare
- 25 Brunei Darussalam 114.76 compare
- 26 Saudi Arabia 106.82 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), price deflator, index in Australia?
- Gross domestic product (gdp), price deflator, index in Australia was 120.65 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), price deflator, index recorded in Australia?
- The highest recorded value was 120.65 in 2031.
- What is the lowest gross domestic product (gdp), price deflator, index recorded in Australia?
- The lowest recorded value was 19.53 in 1980.
- How does Australia rank for gross domestic product (gdp), price deflator, index?
- Australia ranks 24th out of 26 countries with data for 2031.
- Is gross domestic product (gdp), price deflator, index rising or falling in Australia?
- Over the last ten years it is up 36.9%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Price deflator, Index (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.