Gross value added at basic prices (GVA) … 2015 annual growth rate in Australia
Australia: Gross value added at basic prices (GVA) … 2015 annual growth rate was 1.25 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), annual in Australia, 1976–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), 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) … 2015 annual growth rate in Australia, year by year
| 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% |
Australia compared with similar countries
- Australia's 1.25 % change on previous year is below the median for high income countries, which is 1.99 % change on previous year, 63% of the median. (69 countries reporting)
- Australia's 1.25 % change on previous year is below the median for East Asia & Pacific, which is 3.89 % change on previous year, 32% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) … 2015 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 |
|---|---|---|---|
| 1993 | +1843.5% | -0.2002 % change on previous year | 3.49 % change on previous year |
| 2021 | +1492.0% | 0.1171 % change on previous year | 1.87 % change on previous year |
| 1979 | +314.0% | 1.21 % change on previous year | 5.02 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 147 Switzerland 1.28 % change on previous year compare
- 148 Greenland 1.28 % change on previous year compare
- 149 Iceland 1.28 % change on previous year compare
- 151 Azerbaijan 1.24 % change on previous year compare
- 152 Belarus 1.22 % change on previous year compare
- 153 South Africa 1.18 % 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)
- SDRs holdings, US dollar, annual growth rate 15.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0083 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 537.43 units per person (2025)
- SDRs holdings, SDR, annual growth rate 10.3 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 392.43 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.82 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0037 units per US$ of GDP (2025)
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$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
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 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.