Gross value added at basic prices (GVA) in Australia
Australia: Gross value added at basic prices (GVA) was 2.54 trillion constant LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Australia, 1975–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Australia is 2.54 trillion constant LCU, measured in 2025. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 1.2% on the previous year and up 25.3% over ten years.
Over the whole period, gross value added at basic prices (gva) in Australia peaked at 2.54 trillion constant LCU in 2025 and was at its lowest, 568.42 billion constant LCU, in 1975.
That places Australia 65th out of 198 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Gross value added at basic prices (GVA) in Australia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1975 | 568.42 billion constant LCU | — |
| 1976 | 578.76 billion constant LCU | +1.8% |
| 1977 | 599.78 billion constant LCU | +3.6% |
| 1978 | 607.06 billion constant LCU | +1.2% |
| 1979 | 637.55 billion constant LCU | +5.0% |
| 1980 | 653.68 billion constant LCU | +2.5% |
| 1981 | 675.76 billion constant LCU | +3.4% |
| 1982 | 702.05 billion constant LCU | +3.9% |
| 1983 | 677.94 billion constant LCU | -3.4% |
| 1984 | 711.17 billion constant LCU | +4.9% |
| 1985 | 752.38 billion constant LCU | +5.8% |
| 1986 | 782.53 billion constant LCU | +4.0% |
| 1987 | 798.57 billion constant LCU | +2.0% |
| 1988 | 851.47 billion constant LCU | +6.6% |
| 1989 | 895.27 billion constant LCU | +5.1% |
| 1990 | 931.78 billion constant LCU | +4.1% |
| 1991 | 934.05 billion constant LCU | +0.2% |
| 1992 | 932.18 billion constant LCU | -0.2% |
| 1993 | 964.73 billion constant LCU | +3.5% |
| 1994 | 1.01 trillion constant LCU | +4.2% |
| 1995 | 1.04 trillion constant LCU | +3.9% |
| 1996 | 1.09 trillion constant LCU | +4.0% |
| 1997 | 1.13 trillion constant LCU | +4.0% |
| 1998 | 1.18 trillion constant LCU | +4.4% |
| 1999 | 1.24 trillion constant LCU | +5.0% |
| 2000 | 1.29 trillion constant LCU | +4.0% |
| 2001 | 1.32 trillion constant LCU | +2.4% |
| 2002 | 1.37 trillion constant LCU | +3.9% |
| 2003 | 1.41 trillion constant LCU | +2.9% |
| 2004 | 1.47 trillion constant LCU | +4.3% |
| 2005 | 1.52 trillion constant LCU | +3.3% |
| 2006 | 1.56 trillion constant LCU | +2.8% |
| 2007 | 1.62 trillion constant LCU | +3.8% |
| 2008 | 1.68 trillion constant LCU | +3.8% |
| 2009 | 1.72 trillion constant LCU | +2.2% |
| 2010 | 1.76 trillion constant LCU | +2.4% |
| 2011 | 1.81 trillion constant LCU | +2.4% |
| 2012 | 1.88 trillion constant LCU | +4.1% |
| 2013 | 1.93 trillion constant LCU | +2.7% |
| 2014 | 1.98 trillion constant LCU | +2.8% |
| 2015 | 2.03 trillion constant LCU | +2.3% |
| 2016 | 2.08 trillion constant LCU | +2.6% |
| 2017 | 2.13 trillion constant LCU | +2.3% |
| 2018 | 2.19 trillion constant LCU | +3.0% |
| 2019 | 2.25 trillion constant LCU | +2.4% |
| 2020 | 2.25 trillion constant LCU | +0.1% |
| 2021 | 2.29 trillion constant LCU | +1.9% |
| 2022 | 2.38 trillion constant LCU | +4.1% |
| 2023 | 2.47 trillion constant LCU | +3.7% |
| 2024 | 2.51 trillion constant LCU | +1.5% |
| 2025 | 2.54 trillion constant LCU | +1.2% |
Australia compared with similar countries
- Australia's 2.54 trillion constant LCU is above the median for high income countries, which is 270.55 billion constant LCU, 9.4× the median. (70 countries reporting)
- Australia's 2.54 trillion constant LCU is above the median for East Asia & Pacific, which is 473.15 billion constant LCU, 5.4× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 598.31 billion constant LCU | 568.42 billion constant LCU | 637.55 billion constant LCU | 5 |
| 1980s | 750.08 billion constant LCU | 653.68 billion constant LCU | 895.27 billion constant LCU | 10 |
| 1990s | 1.04 trillion constant LCU | 931.78 billion constant LCU | 1.24 trillion constant LCU | 10 |
| 2000s | 1.50 trillion constant LCU | 1.29 trillion constant LCU | 1.72 trillion constant LCU | 10 |
| 2010s | 2.00 trillion constant LCU | 1.76 trillion constant LCU | 2.25 trillion constant LCU | 10 |
| 2020s | 2.41 trillion constant LCU | 2.25 trillion constant LCU | 2.54 trillion constant LCU | 6 |
Countries ranked near Australia
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 value added at basic prices (gva) in Australia?
- Gross value added at basic prices (gva) in Australia was 2.54 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Australia?
- The highest recorded value was 2.54 trillion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Australia?
- The lowest recorded value was 568.42 billion constant LCU in 1975.
- How does Australia rank for gross value added at basic prices (gva)?
- Australia ranks 65th out of 198 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Australia?
- Over the last ten years it is up 25.3%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.