Gross National Income — Annual growth US$ in Australia
Australia: Gross National Income — Annual growth US$ was 0.6399 % in 2023. ◆ Volatile
Gross National Income — Annual growth US$ in Australia, 1971–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for gross national income — annual growth us$ in Australia is 0.6399 %, measured in 2023.
Compared with earlier readings it is down 47.1% on the previous year and up 120.5% over ten years.
Over the whole period, gross national income — annual growth us$ in Australia peaked at 43.73 % in 1973 and was at its lowest, -15.21 %, in 2015.
That places Australia 161st out of 203 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Annual growth US$ in Australia, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 12.37 % | — |
| 1972 | 18.28 % | +47.7% |
| 1973 | 43.73 % | +139.3% |
| 1974 | 19.98 % | -54.3% |
| 1975 | 6.45 % | -67.7% |
| 1976 | 6.99 % | +8.4% |
| 1977 | -1.41 % | -120.2% |
| 1978 | 16.66 % | -1279.3% |
| 1979 | 10.89 % | -34.6% |
| 1980 | 16.13 % | +48.1% |
| 1981 | 14.65 % | -9.1% |
| 1982 | -3.82 % | -126.1% |
| 1983 | -0.2407 % | -93.7% |
| 1984 | 7.16 % | -3072.6% |
| 1985 | -12.2 % | -270.5% |
| 1986 | 5.03 % | -141.3% |
| 1987 | 18.68 % | +271.1% |
| 1988 | 25.49 % | +36.4% |
| 1989 | 10.36 % | -59.4% |
| 1990 | 0.748 % | -92.8% |
| 1991 | 1.87 % | +149.9% |
| 1992 | 0.1745 % | -90.7% |
| 1993 | -2.28 % | -1404.3% |
| 1994 | 12.8 % | -662.1% |
| 1995 | 8.06 % | -37.0% |
| 1996 | 11.3 % | +40.2% |
| 1997 | 0.6048 % | -94.6% |
| 1998 | -10.65 % | -1860.8% |
| 1999 | 9.72 % | -191.3% |
| 2000 | -3.99 % | -141.1% |
| 2001 | -4.52 % | +13.2% |
| 2002 | 11.41 % | -352.5% |
| 2003 | 28.39 % | +148.8% |
| 2004 | 20.37 % | -28.2% |
| 2005 | 11.95 % | -41.4% |
| 2006 | 6.79 % | -43.2% |
| 2007 | 20.83 % | +206.6% |
| 2008 | 7.84 % | -62.4% |
| 2009 | -4.23 % | -154.0% |
| 2010 | 27.74 % | -755.9% |
| 2011 | 20.17 % | -27.3% |
| 2012 | 3.41 % | -83.1% |
| 2013 | -3.12 % | -191.6% |
| 2014 | -4.62 % | +47.9% |
| 2015 | -15.21 % | +229.5% |
| 2016 | 4.51 % | -129.6% |
| 2017 | 7.59 % | +68.4% |
| 2018 | 2.83 % | -62.7% |
| 2019 | -4.24 % | -249.4% |
| 2020 | 5.42 % | -227.8% |
| 2021 | 18.64 % | +244.2% |
| 2022 | 1.21 % | -93.5% |
| 2023 | 0.6399 % | -47.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.88 % | -1.41 % | 43.73 % | 9 |
| 1980s | 8.12 % | -12.2 % | 25.49 % | 10 |
| 1990s | 3.23 % | -10.65 % | 12.8 % | 10 |
| 2000s | 9.48 % | -4.52 % | 28.39 % | 10 |
| 2010s | 3.91 % | -15.21 % | 27.74 % | 10 |
| 2020s | 6.48 % | 0.6399 % | 18.64 % | 4 |
Countries ranked near Australia
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)
- Services, value added (current US$), annual growth rate 4.46 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6749 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 43,958 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.81 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 1.04 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 67,920 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.72 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.663 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross national income — annual growth us$ in Australia?
- Gross national income — annual growth us$ in Australia was 0.6399 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — annual growth us$ recorded in Australia?
- The highest recorded value was 43.73 % in 1973.
- What is the lowest gross national income — annual growth us$ recorded in Australia?
- The lowest recorded value was -15.21 % in 2015.
- How does Australia rank for gross national income — annual growth us$?
- Australia ranks 161st out of 203 countries with data for 2023.
- Is gross national income — annual growth us$ rising or falling in Australia?
- Over the last ten years it is up 120.5%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Annual growth US$. Statizoid updates them automatically from the source API.
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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).