Gross National Income — Value US$, annual growth rate in Australia
Australia: Gross National Income — Value US$, annual growth rate was 0.6401 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value US$, annual growth rate in Australia, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national income — value us$, annual growth rate in Australia is 0.6401 % change on previous year, 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 — value us$, annual growth rate in Australia peaked at 43.73 % change on previous year in 1973 and was at its lowest, -15.21 % change on previous year, in 2015.
Australia ranks 185th of 236 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$, annual growth rate in Australia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 12.37 % change on previous year | — |
| 1972 | 18.28 % change on previous year | +47.7% |
| 1973 | 43.73 % change on previous year | +139.3% |
| 1974 | 19.98 % change on previous year | -54.3% |
| 1975 | 6.45 % change on previous year | -67.7% |
| 1976 | 6.99 % change on previous year | +8.4% |
| 1977 | -1.41 % change on previous year | -120.2% |
| 1978 | 16.66 % change on previous year | -1279.0% |
| 1979 | 10.89 % change on previous year | -34.6% |
| 1980 | 16.13 % change on previous year | +48.1% |
| 1981 | 14.65 % change on previous year | -9.1% |
| 1982 | -3.82 % change on previous year | -126.1% |
| 1983 | -0.2407 % change on previous year | -93.7% |
| 1984 | 7.16 % change on previous year | -3072.1% |
| 1985 | -12.2 % change on previous year | -270.5% |
| 1986 | 5.03 % change on previous year | -141.3% |
| 1987 | 18.68 % change on previous year | +271.1% |
| 1988 | 25.49 % change on previous year | +36.4% |
| 1989 | 10.36 % change on previous year | -59.4% |
| 1990 | 0.7482 % change on previous year | -92.8% |
| 1991 | 1.87 % change on previous year | +149.8% |
| 1992 | 0.1744 % change on previous year | -90.7% |
| 1993 | -2.28 % change on previous year | -1405.0% |
| 1994 | 12.8 % change on previous year | -662.1% |
| 1995 | 8.06 % change on previous year | -37.0% |
| 1996 | 11.3 % change on previous year | +40.2% |
| 1997 | 0.6048 % change on previous year | -94.6% |
| 1998 | -10.65 % change on previous year | -1860.8% |
| 1999 | 9.72 % change on previous year | -191.3% |
| 2000 | -3.99 % change on previous year | -141.1% |
| 2001 | -4.52 % change on previous year | +13.2% |
| 2002 | 11.41 % change on previous year | -352.5% |
| 2003 | 28.39 % change on previous year | +148.8% |
| 2004 | 20.37 % change on previous year | -28.2% |
| 2005 | 11.95 % change on previous year | -41.4% |
| 2006 | 6.79 % change on previous year | -43.2% |
| 2007 | 20.83 % change on previous year | +206.6% |
| 2008 | 7.83 % change on previous year | -62.4% |
| 2009 | -4.23 % change on previous year | -154.0% |
| 2010 | 27.74 % change on previous year | -756.0% |
| 2011 | 20.17 % change on previous year | -27.3% |
| 2012 | 3.41 % change on previous year | -83.1% |
| 2013 | -3.12 % change on previous year | -191.6% |
| 2014 | -4.62 % change on previous year | +47.9% |
| 2015 | -15.21 % change on previous year | +229.5% |
| 2016 | 4.51 % change on previous year | -129.6% |
| 2017 | 7.59 % change on previous year | +68.4% |
| 2018 | 2.83 % change on previous year | -62.7% |
| 2019 | -4.24 % change on previous year | -249.4% |
| 2020 | 5.42 % change on previous year | -227.8% |
| 2021 | 18.64 % change on previous year | +244.3% |
| 2022 | 1.21 % change on previous year | -93.5% |
| 2023 | 0.6401 % change on previous year | -47.1% |
Biggest year-on-year movements
Years where Gross National Income — Value US$, annual growth rate in Australia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +3072.1% | -0.2407 % change on previous year | 7.16 % change on previous year |
| 1998 | -1860.8% | 0.6048 % change on previous year | -10.65 % change on previous year |
| 1993 | -1405.0% | 0.1744 % change on previous year | -2.28 % change on previous year |
| 1978 | +1279.0% | -1.41 % change on previous year | 16.66 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.88 % change on previous year | -1.41 % change on previous year | 43.73 % change on previous year | 9 |
| 1980s | 8.12 % change on previous year | -12.2 % change on previous year | 25.49 % change on previous year | 10 |
| 1990s | 3.23 % change on previous year | -10.65 % change on previous year | 12.8 % change on previous year | 10 |
| 2000s | 9.48 % change on previous year | -4.52 % change on previous year | 28.39 % change on previous year | 10 |
| 2010s | 3.91 % change on previous year | -15.21 % change on previous year | 27.74 % change on previous year | 10 |
| 2020s | 6.48 % change on previous year | 0.6401 % change on previous year | 18.64 % change on previous year | 4 |
Countries ranked near Australia
- 182 Denmark 0.9558 % change on previous year compare
- 183 Iran (Islamic Republic of) 0.9239 % change on previous year compare
- 184 Australia and New Zealand 0.8633 % change on previous year compare
- 186 Lebanon 0.3887 % change on previous year compare
- 187 Sweden 0.2936 % change on previous year compare
- 188 Oman 0.1492 % change on previous year 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$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is gross national income — value us$, annual growth rate in Australia?
- Gross national income — value us$, annual growth rate in Australia was 0.6401 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value us$, annual growth rate recorded in Australia?
- The highest recorded value was 43.73 % change on previous year in 1973.
- What is the lowest gross national income — value us$, annual growth rate recorded in Australia?
- The lowest recorded value was -15.21 % change on previous year in 2015.
- How does Australia rank for gross national income — value us$, annual growth rate?
- Australia ranks 185th out of 236 countries with data for 2023.
- Is gross national income — value us$, annual growth rate rising or falling in Australia?
- Over the last ten years it is up 120.5%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of Gross National Income — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.