Gross value added at basic prices (GVA) (constant LCU), annual growth in Australia
Australia: Gross value added at basic prices (GVA) (constant LCU), annual growth was 1.25 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), annual growth in Australia, 1976–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Australia recorded 1.25 % change on previous year for gross value added at basic prices (gva) (constant lcu), annual growth 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 lcu), annual growth 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.
Australia ranks 151st of 195 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 value added at basic prices (GVA) (constant LCU), annual growth 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 | 0.2442 % change on previous year | -94.0% |
| 1992 | -0.2003 % change on previous year | -182.0% |
| 1993 | 3.49 % change on previous year | -1842.9% |
| 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 | +63.7% |
| 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 | +6.8% |
| 2011 | 2.44 % change on previous year | +2.8% |
| 2012 | 4.11 % change on previous year | +69.0% |
| 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 | +28.5% |
| 2019 | 2.39 % change on previous year | -20.0% |
| 2020 | 0.1176 % change on previous year | -95.1% |
| 2021 | 1.86 % change on previous year | +1486.0% |
| 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
| 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 | -0.2003 % 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 | 0.1176 % change on previous year | 4.11 % change on previous year | 6 |
Countries ranked near Australia
- 148 Switzerland 1.28 % change on previous year compare
- 149 Greenland 1.28 % change on previous year compare
- 150 Iceland 1.28 % change on previous year compare
- 152 Azerbaijan 1.24 % change on previous year compare
- 153 Belarus 1.22 % change on previous year compare
- 154 South Africa 1.17 % 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 3.62 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.45 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 94,238 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.25 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8814 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 57,404 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.41 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 92,079 constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), annual growth in Australia?
- Gross value added at basic prices (gva) (constant lcu), annual growth 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 lcu), annual growth 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 lcu), annual growth 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 lcu), annual growth?
- Australia ranks 151st out of 195 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant lcu), annual growth 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 LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). 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 Offices (NSOs)
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 LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.