Gross National Income — Value US$ in Australia and New Zealand
Australia and New Zealand: Gross National Income — Value US$ was 1.96 million million USD in 2023. ◆ Volatile
Gross National Income — Value US$ in Australia and New Zealand, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross national income — value us$ in Australia and New Zealand is 1.96 million million USD, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 0.9% on the previous year and up 16.2% over ten years.
Over the whole period, gross national income — value us$ in Australia and New Zealand peaked at 1.96 million million USD in 2023 and was at its lowest, 51,132 million USD, in 1970.
Australia and New Zealand ranks 10th of 203 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 National Income — Value US$ in Australia and New Zealand, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 51,132 million USD | — |
| 1971 | 57,941 million USD | +13.3% |
| 1972 | 68,692 million USD | +18.6% |
| 1973 | 97,727 million USD | +42.3% |
| 1974 | 116,437 million USD | +19.1% |
| 1975 | 122,489 million USD | +5.2% |
| 1976 | 130,200 million USD | +6.3% |
| 1977 | 129,826 million USD | -0.3% |
| 1978 | 152,050 million USD | +17.1% |
| 1979 | 169,503 million USD | +11.5% |
| 1980 | 195,763 million USD | +15.5% |
| 1981 | 222,992 million USD | +13.9% |
| 1982 | 214,783 million USD | -3.7% |
| 1983 | 213,884 million USD | -0.4% |
| 1984 | 226,211 million USD | +5.8% |
| 1985 | 201,360 million USD | -11.0% |
| 1986 | 216,683 million USD | +7.6% |
| 1987 | 259,452 million USD | +19.7% |
| 1988 | 323,785 million USD | +24.8% |
| 1989 | 351,264 million USD | +8.5% |
| 1990 | 354,717 million USD | +1.0% |
| 1991 | 357,884 million USD | +0.9% |
| 1992 | 356,916 million USD | -0.3% |
| 1993 | 352,746 million USD | -1.2% |
| 1994 | 400,118 million USD | +13.4% |
| 1995 | 437,436 million USD | +9.3% |
| 1996 | 485,316 million USD | +10.9% |
| 1997 | 488,694 million USD | +0.7% |
| 1998 | 433,004 million USD | -11.4% |
| 1999 | 471,564 million USD | +8.9% |
| 2000 | 450,006 million USD | -4.6% |
| 2001 | 432,011 million USD | -4.0% |
| 2002 | 483,442 million USD | +11.9% |
| 2003 | 624,384 million USD | +29.2% |
| 2004 | 752,069 million USD | +20.4% |
| 2005 | 841,020 million USD | +11.8% |
| 2006 | 887,603 million USD | +5.5% |
| 2007 | 1.07 million million USD | +21.0% |
| 2008 | 1.14 million million USD | +6.5% |
| 2009 | 1.09 million million USD | -4.4% |
| 2010 | 1.39 million million USD | +26.9% |
| 2011 | 1.66 million million USD | +19.7% |
| 2012 | 1.72 million million USD | +3.6% |
| 2013 | 1.69 million million USD | -2.0% |
| 2014 | 1.63 million million USD | -3.5% |
| 2015 | 1.39 million million USD | -14.7% |
| 2016 | 1.45 million million USD | +4.7% |
| 2017 | 1.57 million million USD | +7.7% |
| 2018 | 1.61 million million USD | +2.8% |
| 2019 | 1.55 million million USD | -3.5% |
| 2020 | 1.63 million million USD | +4.8% |
| 2021 | 1.93 million million USD | +18.6% |
| 2022 | 1.94 million million USD | +0.7% |
| 2023 | 1.96 million million USD | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 109,600 million USD | 51,132 million USD | 169,503 million USD | 10 |
| 1980s | 242,618 million USD | 195,763 million USD | 351,264 million USD | 10 |
| 1990s | 413,840 million USD | 352,746 million USD | 488,694 million USD | 10 |
| 2000s | 778,320 million USD | 432,011 million USD | 1.14 million million USD | 10 |
| 2010s | 1.57 million million USD | 1.39 million million USD | 1.72 million million USD | 10 |
| 2020s | 1.87 million million USD | 1.63 million million USD | 1.96 million million USD | 4 |
Countries ranked near Australia and New Zealand
- 7 Italy 2.29 million million USD compare
- 8 Brazil 2.12 million million USD compare
- 8 Venezuela (Bolivarian Republic of) 119,257 million USD compare
- 9 Canada 2.11 million million USD compare
- 9 United Republic of Tanzania 79,295 million USD compare
- 10 Democratic Republic of the Congo 68,089 million USD compare
- 11 Russian Federation 1.96 million million USD compare
- 11 Melanesia 47,423 million USD compare
- 12 Bolivia (Plurinational State of) 44,070 million USD compare
- 12 Republic of Korea 1.87 million million USD compare
- 13 Mexico 1.75 million million USD compare
- 13 Syrian Arab Republic 27,932 million USD compare
More economy & growth data for Australia and New Zealand
- Gross Domestic Product — Value US$ per capita 65,559 USD (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 Domestic Product — Value US$, 2015 prices 1.74 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 54,411 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.42 % (2024)
- Gross Domestic Product — Value US$ 2.09 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 26.13 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.3 % (2024)
Frequently asked questions
- What is gross national income — value us$ in Australia and New Zealand?
- Gross national income — value us$ in Australia and New Zealand was 1.96 million million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value us$ recorded in Australia and New Zealand?
- The highest recorded value was 1.96 million million USD in 2023.
- What is the lowest gross national income — value us$ recorded in Australia and New Zealand?
- The lowest recorded value was 51,132 million USD in 1970.
- How does Australia and New Zealand rank for gross national income — value us$?
- Australia and New Zealand ranks 10th out of 203 countries with data for 2023.
- Is gross national income — value us$ rising or falling in Australia and New Zealand?
- Over the last ten years it is up 16.2%. 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 National Income — Value US$. 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).