Gross Domestic Product — Value US$ per capita, 2015 prices in Australia and New Zealand
Australia and New Zealand: Gross Domestic Product — Value US$ per capita, 2015 prices was 54,411 USD in 2024. ▲ Rising
Gross Domestic Product — Value US$ per capita, 2015 prices in Australia and New Zealand, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gross domestic product — value us$ per capita, 2015 prices in Australia and New Zealand is 54,411 USD, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 0.3% on the previous year and up 10.6% over ten years.
Over the whole period, gross domestic product — value us$ per capita, 2015 prices in Australia and New Zealand peaked at 54,411 USD in 2024 and was at its lowest, 24,155 USD, in 1970.
That places Australia and New Zealand 16th out of 195 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$ per capita, 2015 prices in Australia and New Zealand, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 24,155 USD | — |
| 1971 | 24,393 USD | +1.0% |
| 1972 | 24,573 USD | +0.7% |
| 1973 | 25,304 USD | +3.0% |
| 1974 | 25,434 USD | +0.5% |
| 1975 | 25,554 USD | +0.5% |
| 1976 | 26,074 USD | +2.0% |
| 1977 | 25,844 USD | -0.9% |
| 1978 | 26,486 USD | +2.5% |
| 1979 | 27,001 USD | +1.9% |
| 1980 | 27,518 USD | +1.9% |
| 1981 | 28,108 USD | +2.1% |
| 1982 | 27,213 USD | -3.2% |
| 1983 | 28,025 USD | +3.0% |
| 1984 | 29,114 USD | +3.9% |
| 1985 | 29,796 USD | +2.3% |
| 1986 | 29,896 USD | +0.3% |
| 1987 | 31,016 USD | +3.7% |
| 1988 | 31,677 USD | +2.1% |
| 1989 | 32,202 USD | +1.7% |
| 1990 | 31,622 USD | -1.8% |
| 1991 | 31,200 USD | -1.3% |
| 1992 | 31,971 USD | +2.5% |
| 1993 | 33,009 USD | +3.2% |
| 1994 | 34,020 USD | +3.1% |
| 1995 | 34,930 USD | +2.7% |
| 1996 | 35,838 USD | +2.6% |
| 1997 | 37,022 USD | +3.3% |
| 1998 | 38,303 USD | +3.5% |
| 1999 | 39,459 USD | +3.0% |
| 2000 | 39,842 USD | +1.0% |
| 2001 | 40,947 USD | +2.8% |
| 2002 | 41,796 USD | +2.1% |
| 2003 | 43,045 USD | +3.0% |
| 2004 | 43,877 USD | +1.9% |
| 2005 | 44,558 USD | +1.6% |
| 2006 | 45,514 USD | +2.1% |
| 2007 | 46,400 USD | +1.9% |
| 2008 | 46,227 USD | -0.4% |
| 2009 | 46,419 USD | +0.4% |
| 2010 | 46,729 USD | +0.7% |
| 2011 | 47,810 USD | +2.3% |
| 2012 | 48,330 USD | +1.1% |
| 2013 | 48,788 USD | +0.9% |
| 2014 | 49,182 USD | +0.8% |
| 2015 | 49,844 USD | +1.3% |
| 2016 | 50,228 USD | +0.8% |
| 2017 | 50,891 USD | +1.3% |
| 2018 | 51,279 USD | +0.8% |
| 2019 | 50,630 USD | -1.3% |
| 2020 | 50,989 USD | +0.7% |
| 2021 | 52,752 USD | +3.5% |
| 2022 | 54,046 USD | +2.5% |
| 2023 | 54,266 USD | +0.4% |
| 2024 | 54,411 USD | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25,482 USD | 24,155 USD | 27,001 USD | 10 |
| 1980s | 29,456 USD | 27,213 USD | 32,202 USD | 10 |
| 1990s | 34,738 USD | 31,200 USD | 39,459 USD | 10 |
| 2000s | 43,862 USD | 39,842 USD | 46,419 USD | 10 |
| 2010s | 49,371 USD | 46,729 USD | 51,279 USD | 10 |
| 2020s | 53,293 USD | 50,989 USD | 54,411 USD | 5 |
Countries ranked near Australia and New Zealand
- 13 Lao People's Democratic Republic 2,886 USD compare
- 13 Qatar 58,300 USD compare
- 14 Australia 56,716 USD compare
- 15 Sweden 54,615 USD compare
- 15 Timor-Leste 1,236 USD compare
- 17 San Marino 52,030 USD compare
- 17 United Republic of Tanzania 1,176 USD compare
- 18 Greenland 51,747 USD compare
- 18 Syrian Arab Republic 846.71 USD compare
- 19 Democratic People's Republic of Korea 586.84 USD compare
- 19 Netherlands (Kingdom of the) 50,809 USD compare
More economy & growth data for Australia and New Zealand
- Gross Domestic Product — Value US$, 2015 prices 1.74 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.268 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.23 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.24 % (2024)
- Gross Domestic Product — Annual growth US$ 3.22 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.44 % (2024)
- Gross Domestic Product — Value US$ 2.09 million million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.42 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 26.13 % (2024)
- Gross Domestic Product — Value US$ per capita 65,559 USD (2024)
Frequently asked questions
- What is gross domestic product — value us$ per capita, 2015 prices in Australia and New Zealand?
- Gross domestic product — value us$ per capita, 2015 prices in Australia and New Zealand was 54,411 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita, 2015 prices recorded in Australia and New Zealand?
- The highest recorded value was 54,411 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita, 2015 prices recorded in Australia and New Zealand?
- The lowest recorded value was 24,155 USD in 1970.
- How does Australia and New Zealand rank for gross domestic product — value us$ per capita, 2015 prices?
- Australia and New Zealand ranks 16th out of 195 countries with data for 2024.
- Is gross domestic product — value us$ per capita, 2015 prices rising or falling in Australia and New Zealand?
- Over the last ten years it is up 10.6%. The long-run trend across the full record is rising.
- Where does this Australia and New Zealand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$ per capita, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).