How does Australia rank for gross domestic product — value standard local currency, per unit of?

Australia ranks 143rd out of 191 countries with data for 2024.

Is gross domestic product — value standard local currency, per unit of rising or falling in Australia?

Over the last ten years it is up 43.8%. The long-run trend across the full record is rising.

Gross Domestic Product — Value Standard Local Currency, per unit of in Australia

Name: Gross Domestic Product — Value Standard Local Currency, per unit of in Australia
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Australia: Gross Domestic Product — Value Standard Local Currency, per unit of was 0 million SLC per US$ of GDP in 2024. ▲ Rising

Latest (2024)

0 million SLC per US$ of GDP

Change on year

up 2.8%

World rank

143rd

of 191 countries

All-time high

0 million SLC per US$ of GDP

in 2002

All-time low

0 million SLC per US$ of GDP

in 1974

Years of data

1970–2024

Gross Domestic Product — Value Standard Local Currency, per unit of in Australia, 1970–2024

Source: Statizoid (derived). Measured in million SLC per US$ of GDP.

Analysis

The most recent figure for gross domestic product — value standard local currency, per unit of in Australia is 0 million SLC per US$ of GDP, measured in 2024.

That represents a change of up 2.8% on the previous year and up 43.8% over ten years.

Over the whole period, gross domestic product — value standard local currency, per unit of in Australia peaked at 0 million SLC per US$ of GDP in 2002 and was at its lowest, 0 million SLC per US$ of GDP, in 1974.

Australia ranks 143rd of 191 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 55 years of available data.

Gross Domestic Product — Value Standard Local Currency, per unit of in Australia, year by year

Annual values for Gross Domestic Product — Value Standard Local Currency, per unit of GDP in Australia, 1970 to 2024.
Year	million SLC per US$ of GDP	Change
1970	0 million SLC per US$ of GDP	—
1971	0 million SLC per US$ of GDP	+0.9%
1972	0 million SLC per US$ of GDP	-2.8%
1973	0 million SLC per US$ of GDP	-1.2%
1974	0 million SLC per US$ of GDP	-15.3%
1975	0 million SLC per US$ of GDP	+6.9%
1976	0 million SLC per US$ of GDP	+6.9%
1977	0 million SLC per US$ of GDP	+4.0%
1978	0 million SLC per US$ of GDP	+5.3%
1979	0 million SLC per US$ of GDP	-0.4%
1980	0 million SLC per US$ of GDP	+1.8%
1981	0 million SLC per US$ of GDP	-2.1%
1982	0 million SLC per US$ of GDP	-1.8%
1983	0 million SLC per US$ of GDP	+23.5%
1984	0 million SLC per US$ of GDP	+1.0%
1985	0 million SLC per US$ of GDP	+18.7%
1986	0 million SLC per US$ of GDP	+8.7%
1987	0 million SLC per US$ of GDP	+9.2%
1988	0 million SLC per US$ of GDP	-9.0%
1989	0 million SLC per US$ of GDP	-13.5%
1990	0 million SLC per US$ of GDP	-1.2%
1991	0 million SLC per US$ of GDP	-2.6%
1992	0 million SLC per US$ of GDP	+5.1%
1993	0 million SLC per US$ of GDP	+9.5%
1994	0 million SLC per US$ of GDP	+2.7%
1995	0 million SLC per US$ of GDP	-6.5%
1996	0 million SLC per US$ of GDP	-3.5%
1997	0 million SLC per US$ of GDP	-2.5%
1998	0 million SLC per US$ of GDP	+15.0%
1999	0 million SLC per US$ of GDP	+9.3%
2000	0 million SLC per US$ of GDP	-0.0%
2001	0 million SLC per US$ of GDP	+17.2%
2002	0 million SLC per US$ of GDP	+1.9%
2003	0 million SLC per US$ of GDP	-9.0%
2004	0 million SLC per US$ of GDP	-18.5%
2005	0 million SLC per US$ of GDP	-4.6%
2006	0 million SLC per US$ of GDP	+1.3%
2007	0 million SLC per US$ of GDP	-5.2%
2008	0 million SLC per US$ of GDP	-13.5%
2009	0 million SLC per US$ of GDP	+17.5%
2010	0 million SLC per US$ of GDP	-12.1%
2011	0 million SLC per US$ of GDP	-13.1%
2012	0 million SLC per US$ of GDP	-7.4%
2013	0 million SLC per US$ of GDP	+2.0%
2014	0 million SLC per US$ of GDP	+9.1%
2015	0 million SLC per US$ of GDP	+10.9%
2016	0 million SLC per US$ of GDP	+18.7%
2017	0 million SLC per US$ of GDP	-4.6%
2018	0 million SLC per US$ of GDP	-1.8%
2019	0 million SLC per US$ of GDP	+4.3%
2020	0 million SLC per US$ of GDP	+10.4%
2021	0 million SLC per US$ of GDP	-4.5%
2022	0 million SLC per US$ of GDP	+1.4%
2023	0 million SLC per US$ of GDP	+1.8%
2024	0 million SLC per US$ of GDP	+2.8%

Australia compared with similar countries

Australia's 0 million SLC per US$ of GDP is above the median for high income countries, which is 0 million SLC per US$ of GDP, 1.6× the median. (71 countries reporting)
Australia's 0 million SLC per US$ of GDP is below the median for East Asia & Pacific, which is 0 million SLC per US$ of GDP, 35% of the median. (27 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	10
1980s	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	10
1990s	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	10
2000s	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	10
2010s	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	10
2020s	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	5

Countries ranked near Australia

140 Azerbaijan 0 million SLC per US$ of GDP compare
141 Curacao 0 million SLC per US$ of GDP compare
142 New Zealand 0 million SLC per US$ of GDP compare
144 Kiribati 0 million SLC per US$ of GDP compare
145 Brunei 0 million SLC per US$ of GDP compare
146 Canada 0 million SLC per US$ of GDP compare

See the full ranking of 191 places →

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)

All data for Australia →

Frequently asked questions

What is gross domestic product — value standard local currency, per unit of in Australia?: Gross domestic product — value standard local currency, per unit of in Australia was 0 million SLC per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value standard local currency, per unit of recorded in Australia?: The highest recorded value was 0 million SLC per US$ of GDP in 2002.
What is the lowest gross domestic product — value standard local currency, per unit of recorded in Australia?: The lowest recorded value was 0 million SLC per US$ of GDP in 1974.
How does Australia rank for gross domestic product — value standard local currency, per unit of?: Australia ranks 143rd out of 191 countries with data for 2024.
Is gross domestic product — value standard local currency, per unit of rising or falling in Australia?: Over the last ten years it is up 43.8%. The long-run trend across the full record is rising.
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 unit of GDP. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value Standard Local Currency, per unit of in Australia. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-per-unit-of-gdp/australia/

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How this figure is calculated

Gross Domestic Product — Value Standard Local Currency divided by GDP (current US$), 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 ÷ GDP (current US$)

Computed from

Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
GDP Country official statistics, National Statistical Organizations and/or Central Banks

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

Indicator: Gross Domestic Product — Value Standard Local Currency, per unit of GDP
Unit: million SLC per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 191 places, 9,350 data points, 1970–2024
Last refreshed: 19 September 2026

Gross Domestic Product — Value Standard Local Currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.