Gross value added at basic prices (GVA) (current US$), annual growth in Australia
Australia: Gross value added at basic prices (GVA) (current US$), annual growth was 2.3 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), annual growth in Australia, 1991–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (current us$), annual growth in Australia is 2.3 % change on previous year, measured in 2025.
That represents a change of up 79.3% on the previous year and up 128.1% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Australia peaked at 31.46 % change on previous year in 2004 and was at its lowest, -11.05 % change on previous year, in 2016.
Australia ranks 177th of 205 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$), annual growth in Australia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 4.23 % change on previous year | — |
| 1992 | -0.4107 % change on previous year | -109.7% |
| 1993 | -3.25 % change on previous year | +690.3% |
| 1994 | 3.43 % change on previous year | -205.6% |
| 1995 | 13.06 % change on previous year | +281.0% |
| 1996 | 8.97 % change on previous year | -31.3% |
| 1997 | 8.6 % change on previous year | -4.1% |
| 1998 | -8.11 % change on previous year | -194.3% |
| 1999 | -2.53 % change on previous year | -68.9% |
| 2000 | 6.84 % change on previous year | -370.8% |
| 2001 | -9.49 % change on previous year | -238.8% |
| 2002 | 4.47 % change on previous year | -147.1% |
| 2003 | 17.78 % change on previous year | +298.0% |
| 2004 | 31.46 % change on previous year | +76.9% |
| 2005 | 13.92 % change on previous year | -55.8% |
| 2006 | 7.81 % change on previous year | -43.9% |
| 2007 | 14.43 % change on previous year | +84.8% |
| 2008 | 23.85 % change on previous year | +65.2% |
| 2009 | -11.01 % change on previous year | -146.2% |
| 2010 | 23.25 % change on previous year | -311.1% |
| 2011 | 22.17 % change on previous year | -4.6% |
| 2012 | 11.11 % change on previous year | -49.9% |
| 2013 | 1.9 % change on previous year | -82.9% |
| 2014 | -7.13 % change on previous year | -475.0% |
| 2015 | -8.18 % change on previous year | +14.7% |
| 2016 | -11.05 % change on previous year | +35.1% |
| 2017 | 10.11 % change on previous year | -191.5% |
| 2018 | 7.77 % change on previous year | -23.2% |
| 2019 | -2.16 % change on previous year | -127.8% |
| 2020 | -4.4 % change on previous year | +103.6% |
| 2021 | 16.79 % change on previous year | -481.7% |
| 2022 | 8.62 % change on previous year | -48.7% |
| 2023 | 2.6 % change on previous year | -69.8% |
| 2024 | 1.28 % change on previous year | -50.8% |
| 2025 | 2.3 % change on previous year | +79.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.67 % change on previous year | -8.11 % change on previous year | 13.06 % change on previous year | 9 |
| 2000s | 10.01 % change on previous year | -11.01 % change on previous year | 31.46 % change on previous year | 10 |
| 2010s | 4.78 % change on previous year | -11.05 % change on previous year | 23.25 % change on previous year | 10 |
| 2020s | 4.53 % change on previous year | -4.4 % change on previous year | 16.79 % change on previous year | 6 |
Countries ranked near Australia
- 174 Gabon 2.54 % change on previous year compare
- 175 Oman 2.38 % change on previous year compare
- 176 Bangladesh 2.33 % change on previous year compare
- 178 Azerbaijan 2.26 % change on previous year compare
- 179 Isle of Man 1.97 % change on previous year compare
- 180 Bahamas 1.97 % 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 US$), per unit of GDP 0.9365 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 60,991 current US$ per person (2025)
- 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)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in Australia?
- Gross value added at basic prices (gva) (current us$), annual growth in Australia was 2.3 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Australia?
- The highest recorded value was 31.46 % change on previous year in 2004.
- What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Australia?
- The lowest recorded value was -11.05 % change on previous year in 2016.
- How does Australia rank for gross value added at basic prices (gva) (current us$), annual growth?
- Australia ranks 177th out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Australia?
- Over the last ten years it is up 128.1%. 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) (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). 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 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) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.