Gross Domestic Product — Value US$ per capita in Australia and New Zealand
Australia and New Zealand: Gross Domestic Product — Value US$ per capita was 65,559 USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ per capita 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 in Australia and New Zealand is 65,559 USD, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 2.2% on the previous year and up 10.7% over ten years.
Over the whole period, gross domestic product — value us$ per capita in Australia and New Zealand peaked at 65,559 USD in 2024 and was at its lowest, 3,362 USD, in 1970.
Australia and New Zealand ranks 16th of 195 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ per capita in Australia and New Zealand, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 3,362 USD | — |
| 1971 | 3,681 USD | +9.5% |
| 1972 | 4,257 USD | +15.6% |
| 1973 | 5,967 USD | +40.2% |
| 1974 | 6,953 USD | +16.5% |
| 1975 | 7,237 USD | +4.1% |
| 1976 | 7,656 USD | +5.8% |
| 1977 | 7,594 USD | -0.8% |
| 1978 | 8,818 USD | +16.1% |
| 1979 | 9,701 USD | +10.0% |
| 1980 | 11,017 USD | +13.6% |
| 1981 | 12,550 USD | +13.9% |
| 1982 | 11,820 USD | -5.8% |
| 1983 | 11,667 USD | -1.3% |
| 1984 | 12,221 USD | +4.7% |
| 1985 | 10,799 USD | -11.6% |
| 1986 | 11,458 USD | +6.1% |
| 1987 | 13,542 USD | +18.2% |
| 1988 | 16,776 USD | +23.9% |
| 1989 | 18,050 USD | +7.6% |
| 1990 | 18,011 USD | -0.2% |
| 1991 | 17,930 USD | -0.5% |
| 1992 | 17,470 USD | -2.6% |
| 1993 | 17,043 USD | -2.4% |
| 1994 | 19,336 USD | +13.5% |
| 1995 | 20,912 USD | +8.2% |
| 1996 | 22,924 USD | +9.6% |
| 1997 | 22,737 USD | -0.8% |
| 1998 | 19,891 USD | -12.5% |
| 1999 | 21,431 USD | +7.7% |
| 2000 | 20,208 USD | -5.7% |
| 2001 | 19,149 USD | -5.2% |
| 2002 | 21,186 USD | +10.6% |
| 2003 | 27,024 USD | +27.6% |
| 2004 | 32,450 USD | +20.1% |
| 2005 | 35,943 USD | +10.8% |
| 2006 | 37,606 USD | +4.6% |
| 2007 | 44,653 USD | +18.7% |
| 2008 | 46,473 USD | +4.1% |
| 2009 | 43,647 USD | -6.1% |
| 2010 | 54,654 USD | +25.2% |
| 2011 | 63,892 USD | +16.9% |
| 2012 | 64,844 USD | +1.5% |
| 2013 | 62,654 USD | -3.4% |
| 2014 | 59,227 USD | -5.5% |
| 2015 | 49,844 USD | -15.8% |
| 2016 | 51,489 USD | +3.3% |
| 2017 | 54,778 USD | +6.4% |
| 2018 | 55,522 USD | +1.4% |
| 2019 | 52,193 USD | -6.0% |
| 2020 | 53,487 USD | +2.5% |
| 2021 | 64,517 USD | +20.6% |
| 2022 | 64,695 USD | +0.3% |
| 2023 | 64,122 USD | -0.9% |
| 2024 | 65,559 USD | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6,522 USD | 3,362 USD | 9,701 USD | 10 |
| 1980s | 12,990 USD | 10,799 USD | 18,050 USD | 10 |
| 1990s | 19,769 USD | 17,043 USD | 22,924 USD | 10 |
| 2000s | 32,834 USD | 19,149 USD | 46,473 USD | 10 |
| 2010s | 56,910 USD | 49,844 USD | 64,844 USD | 10 |
| 2020s | 62,476 USD | 53,487 USD | 65,559 USD | 5 |
Countries ranked near Australia and New Zealand
- 13 China, Macao SAR 69,679 USD compare
- 13 Lao People's Democratic Republic 1,874 USD compare
- 14 Australia 68,728 USD compare
- 15 Netherlands (Kingdom of the) 67,341 USD compare
- 15 Timor-Leste 1,343 USD compare
- 17 San Marino 61,004 USD compare
- 17 United Republic of Tanzania 1,187 USD compare
- 18 Israel 57,727 USD compare
- 18 Syrian Arab Republic 740.18 USD compare
- 19 Democratic Republic of the Congo 651.53 USD compare
- 19 Sweden 57,468 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, 2015 prices 54,411 USD (2024)
Frequently asked questions
- What is gross domestic product — value us$ per capita in Australia and New Zealand?
- Gross domestic product — value us$ per capita in Australia and New Zealand was 65,559 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita recorded in Australia and New Zealand?
- The highest recorded value was 65,559 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita recorded in Australia and New Zealand?
- The lowest recorded value was 3,362 USD in 1970.
- How does Australia and New Zealand rank for gross domestic product — value us$ per capita?
- Australia and New Zealand ranks 16th out of 195 countries with data for 2024.
- Is gross domestic product — value us$ per capita rising or falling in Australia and New Zealand?
- Over the last ten years it is up 10.7%. The long-run trend across the full record is volatile.
- 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. 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).