Gross Domestic Product — Value Standard Local Currency, per capita in Australia
Australia: Gross Domestic Product — Value Standard Local Currency, per capita was 0.1023 million SLC per person in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, per capita in Australia, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross domestic product — value standard local currency, per capita in Australia is 0.1023 million SLC per person, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 2.0% on the previous year and up 47.9% over ten years.
Over the whole period, gross domestic product — value standard local currency, per capita in Australia peaked at 0.1023 million SLC per person in 2024 and was at its lowest, 0.0032 million SLC per person, in 1970.
That places Australia 98th out of 192 countries with data for 2024, 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 — Value Standard Local Currency, per capita in Australia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0032 million SLC per person | — |
| 1971 | 0.0034 million SLC per person | +6.7% |
| 1972 | 0.0038 million SLC per person | +9.8% |
| 1973 | 0.0045 million SLC per person | +19.3% |
| 1974 | 0.0052 million SLC per person | +15.1% |
| 1975 | 0.006 million SLC per person | +15.5% |
| 1976 | 0.0069 million SLC per person | +14.3% |
| 1977 | 0.0074 million SLC per person | +8.0% |
| 1978 | 0.0083 million SLC per person | +11.7% |
| 1979 | 0.0093 million SLC per person | +12.1% |
| 1980 | 0.0104 million SLC per person | +11.8% |
| 1981 | 0.0118 million SLC per person | +13.6% |
| 1982 | 0.0125 million SLC per person | +5.9% |
| 1983 | 0.0139 million SLC per person | +11.3% |
| 1984 | 0.0151 million SLC per person | +8.9% |
| 1985 | 0.0165 million SLC per person | +9.3% |
| 1986 | 0.0179 million SLC per person | +8.2% |
| 1987 | 0.02 million SLC per person | +11.6% |
| 1988 | 0.0223 million SLC per person | +11.6% |
| 1989 | 0.0241 million SLC per person | +8.0% |
| 1990 | 0.0243 million SLC per person | +1.1% |
| 1991 | 0.0245 million SLC per person | +0.6% |
| 1992 | 0.0254 million SLC per person | +3.8% |
| 1993 | 0.0265 million SLC per person | +4.1% |
| 1994 | 0.0278 million SLC per person | +5.2% |
| 1995 | 0.0294 million SLC per person | +5.5% |
| 1996 | 0.0305 million SLC per person | +4.0% |
| 1997 | 0.032 million SLC per person | +4.7% |
| 1998 | 0.0334 million SLC per person | +4.5% |
| 1999 | 0.0352 million SLC per person | +5.4% |
| 2000 | 0.0372 million SLC per person | +5.5% |
| 2001 | 0.0392 million SLC per person | +5.6% |
| 2002 | 0.0412 million SLC per person | +5.0% |
| 2003 | 0.0438 million SLC per person | +6.4% |
| 2004 | 0.0464 million SLC per person | +6.0% |
| 2005 | 0.0495 million SLC per person | +6.7% |
| 2006 | 0.0533 million SLC per person | +7.5% |
| 2007 | 0.0566 million SLC per person | +6.4% |
| 2008 | 0.0594 million SLC per person | +4.8% |
| 2009 | 0.0601 million SLC per person | +1.3% |
| 2010 | 0.0644 million SLC per person | +7.1% |
| 2011 | 0.0672 million SLC per person | +4.3% |
| 2012 | 0.0676 million SLC per person | +0.7% |
| 2013 | 0.0692 million SLC per person | +2.3% |
| 2014 | 0.0692 million SLC per person | +0.0% |
| 2015 | 0.0696 million SLC per person | +0.6% |
| 2016 | 0.0727 million SLC per person | +4.4% |
| 2017 | 0.0749 million SLC per person | +3.1% |
| 2018 | 0.078 million SLC per person | +4.1% |
| 2019 | 0.0782 million SLC per person | +0.3% |
| 2020 | 0.0813 million SLC per person | +4.0% |
| 2021 | 0.0907 million SLC per person | +11.6% |
| 2022 | 0.0987 million SLC per person | +8.8% |
| 2023 | 0.1003 million SLC per person | +1.6% |
| 2024 | 0.1023 million SLC per person | +2.0% |
Australia compared with similar countries
- Australia's 0.1023 million SLC per person is above the median for high income countries, which is 0.0694 million SLC per person, 1.5× the median. (72 countries reporting)
- Australia's 0.1023 million SLC per person is above the median for East Asia & Pacific, which is 0.1023 million SLC per person, 1.0× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0058 million SLC per person | 0.0032 million SLC per person | 0.0093 million SLC per person | 10 |
| 1980s | 0.0164 million SLC per person | 0.0104 million SLC per person | 0.0241 million SLC per person | 10 |
| 1990s | 0.0289 million SLC per person | 0.0243 million SLC per person | 0.0352 million SLC per person | 10 |
| 2000s | 0.0487 million SLC per person | 0.0372 million SLC per person | 0.0601 million SLC per person | 10 |
| 2010s | 0.0711 million SLC per person | 0.0644 million SLC per person | 0.0782 million SLC per person | 10 |
| 2020s | 0.0947 million SLC per person | 0.0813 million SLC per person | 0.1023 million SLC per person | 5 |
Countries ranked near Australia
- 95 Saudi Arabia 0.1152 million SLC per person compare
- 96 South Africa 0.1137 million SLC per person compare
- 97 Botswana 0.1043 million SLC per person compare
- 99 Poland 0.0992 million SLC per person compare
- 100 Ireland 0.0989 million SLC per person compare
- 101 Nicaragua 0.0952 million SLC per person 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 — value standard local currency, per capita in Australia?
- Gross domestic product — value standard local currency, per capita in Australia was 0.1023 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, per capita recorded in Australia?
- The highest recorded value was 0.1023 million SLC per person in 2024.
- What is the lowest gross domestic product — value standard local currency, per capita recorded in Australia?
- The lowest recorded value was 0.0032 million SLC per person in 1970.
- How does Australia rank for gross domestic product — value standard local currency, per capita?
- Australia ranks 98th out of 192 countries with data for 2024.
- Is gross domestic product — value standard local currency, per capita rising or falling in Australia?
- Over the last ten years it is up 47.9%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.