Gross value added at basic prices (GVA) (constant 2015 US$), annual in Australia

Australia: Gross value added at basic prices (GVA) (constant 2015 US$), annual was 1.25 % change on previous year in 2025. ◆ Volatile

Latest (2025)
1.25 % change on previous year
Change on year
down 19.5%
World rank
150th
of 193 countries
All-time high
6.62 % change on previous year
in 1988
All-time low
-3.43 % change on previous year
in 1983
Years of data
50
1976–2025

Gross value added at basic prices (GVA) (constant 2015 US$), annual in Australia, 1976–2025

-2.502.557.5197620002025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), annual in Australia is 1.25 % change on previous year, measured in 2025.

The figure is down 19.5% on the previous year and down 45.5% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), annual in Australia peaked at 6.62 % change on previous year in 1988 and was at its lowest, -3.43 % change on previous year, in 1983.

That places Australia 150th out of 193 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross value added at basic prices (GVA) (constant 2015 US$), annual in Australia, year by year

Annual values for Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate in Australia, 1976 to 2025.
Year % change on previous year Change
1976 1.82 % change on previous year
1977 3.63 % change on previous year +99.7%
1978 1.21 % change on previous year -66.6%
1979 5.02 % change on previous year +314.0%
1980 2.53 % change on previous year -49.6%
1981 3.38 % change on previous year +33.4%
1982 3.89 % change on previous year +15.2%
1983 -3.43 % change on previous year -188.3%
1984 4.9 % change on previous year -242.8%
1985 5.79 % change on previous year +18.2%
1986 4.01 % change on previous year -30.8%
1987 2.05 % change on previous year -48.9%
1988 6.62 % change on previous year +223.4%
1989 5.14 % change on previous year -22.4%
1990 4.08 % change on previous year -20.7%
1991 0.2441 % change on previous year -94.0%
1992 -0.2002 % change on previous year -182.0%
1993 3.49 % change on previous year -1843.5%
1994 4.18 % change on previous year +19.6%
1995 3.87 % change on previous year -7.4%
1996 4.01 % change on previous year +3.7%
1997 4.05 % change on previous year +1.0%
1998 4.41 % change on previous year +8.9%
1999 5.03 % change on previous year +13.9%
2000 4 % change on previous year -20.5%
2001 2.41 % change on previous year -39.7%
2002 3.94 % change on previous year +63.6%
2003 2.9 % change on previous year -26.4%
2004 4.27 % change on previous year +47.3%
2005 3.26 % change on previous year -23.7%
2006 2.8 % change on previous year -14.0%
2007 3.85 % change on previous year +37.2%
2008 3.81 % change on previous year -0.9%
2009 2.22 % change on previous year -41.8%
2010 2.37 % change on previous year +6.7%
2011 2.44 % change on previous year +2.8%
2012 4.11 % change on previous year +68.9%
2013 2.72 % change on previous year -33.8%
2014 2.75 % change on previous year +1.0%
2015 2.29 % change on previous year -16.8%
2016 2.56 % change on previous year +11.7%
2017 2.33 % change on previous year -9.0%
2018 2.99 % change on previous year +28.4%
2019 2.39 % change on previous year -20.0%
2020 0.1171 % change on previous year -95.1%
2021 1.87 % change on previous year +1492.0%
2022 4.11 % change on previous year +120.4%
2023 3.72 % change on previous year -9.4%
2024 1.55 % change on previous year -58.4%
2025 1.25 % change on previous year -19.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.92 % change on previous year 1.21 % change on previous year 5.02 % change on previous year 4
1980s 3.49 % change on previous year -3.43 % change on previous year 6.62 % change on previous year 10
1990s 3.32 % change on previous year -0.2002 % change on previous year 5.03 % change on previous year 10
2000s 3.35 % change on previous year 2.22 % change on previous year 4.27 % change on previous year 10
2010s 2.69 % change on previous year 2.29 % change on previous year 4.11 % change on previous year 10
2020s 2.1 % change on previous year 0.1171 % change on previous year 4.11 % change on previous year 6

Countries ranked near Australia

  1. 147 Switzerland 1.28 % change on previous year compare
  2. 148 Greenland 1.28 % change on previous year compare
  3. 149 Iceland 1.28 % change on previous year compare
  4. 151 Azerbaijan 1.24 % change on previous year compare
  5. 152 Belarus 1.22 % change on previous year compare
  6. 153 South Africa 1.18 % change on previous year compare

See the full ranking of 227 places →

More economy & growth data for Australia

All data for Australia →

Frequently asked questions

What is gross value added at basic prices (gva) (constant 2015 us$), annual in Australia?
Gross value added at basic prices (gva) (constant 2015 us$), annual in Australia was 1.25 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Australia?
The highest recorded value was 6.62 % change on previous year in 1988.
What is the lowest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Australia?
The lowest recorded value was -3.43 % change on previous year in 1983.
How does Australia rank for gross value added at basic prices (gva) (constant 2015 us$), annual?
Australia ranks 150th out of 193 countries with data for 2025.
Is gross value added at basic prices (gva) (constant 2015 us$), annual rising or falling in Australia?
Over the last ten years it is down 45.5%. 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 value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant 2015 US$), annual in Australia. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-annual-growth-rate/australia/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-annual-growth-rate/australia/">Gross value added at basic prices (GVA) (constant 2015 US$), annual in Australia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,544 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.