Gross value added at basic prices (GVA) in Australia
Australia: Gross value added at basic prices (GVA) was 1.68 trillion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Australia, 1990–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Australia is 1.68 trillion current US$, measured in 2025. That is the highest value across all 36 years on record.
The figure is up 2.3% on the previous year and up 33.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Australia peaked at 1.68 trillion current US$ in 2025 and was at its lowest, 288.51 billion current US$, in 1990.
That places Australia 14th out of 207 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Australia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 288.51 billion current US$ | — |
| 1991 | 300.71 billion current US$ | +4.2% |
| 1992 | 299.48 billion current US$ | -0.4% |
| 1993 | 289.76 billion current US$ | -3.2% |
| 1994 | 299.69 billion current US$ | +3.4% |
| 1995 | 338.83 billion current US$ | +13.1% |
| 1996 | 369.23 billion current US$ | +9.0% |
| 1997 | 401.00 billion current US$ | +8.6% |
| 1998 | 368.48 billion current US$ | -8.1% |
| 1999 | 359.17 billion current US$ | -2.5% |
| 2000 | 383.73 billion current US$ | +6.8% |
| 2001 | 347.32 billion current US$ | -9.5% |
| 2002 | 362.83 billion current US$ | +4.5% |
| 2003 | 427.36 billion current US$ | +17.8% |
| 2004 | 561.82 billion current US$ | +31.5% |
| 2005 | 640.02 billion current US$ | +13.9% |
| 2006 | 689.99 billion current US$ | +7.8% |
| 2007 | 789.56 billion current US$ | +14.4% |
| 2008 | 977.83 billion current US$ | +23.8% |
| 2009 | 870.17 billion current US$ | -11.0% |
| 2010 | 1.07 trillion current US$ | +23.2% |
| 2011 | 1.31 trillion current US$ | +22.2% |
| 2012 | 1.46 trillion current US$ | +11.1% |
| 2013 | 1.48 trillion current US$ | +1.9% |
| 2014 | 1.38 trillion current US$ | -7.1% |
| 2015 | 1.27 trillion current US$ | -8.2% |
| 2016 | 1.13 trillion current US$ | -11.0% |
| 2017 | 1.24 trillion current US$ | +10.1% |
| 2018 | 1.34 trillion current US$ | +7.8% |
| 2019 | 1.31 trillion current US$ | -2.2% |
| 2020 | 1.25 trillion current US$ | -4.4% |
| 2021 | 1.46 trillion current US$ | +16.8% |
| 2022 | 1.58 trillion current US$ | +8.6% |
| 2023 | 1.63 trillion current US$ | +2.6% |
| 2024 | 1.65 trillion current US$ | +1.3% |
| 2025 | 1.68 trillion current US$ | +2.3% |
Australia compared with similar countries
- Australia's 1.68 trillion current US$ is above the median for high income countries, which is 110.20 billion current US$, 15.3× the median. (77 countries reporting)
- Australia's 1.68 trillion current US$ is above the median for East Asia & Pacific, which is 22.97 billion current US$, 73.3× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 331.49 billion current US$ | 288.51 billion current US$ | 401.00 billion current US$ | 10 |
| 2000s | 605.06 billion current US$ | 347.32 billion current US$ | 977.83 billion current US$ | 10 |
| 2010s | 1.30 trillion current US$ | 1.07 trillion current US$ | 1.48 trillion current US$ | 10 |
| 2020s | 1.54 trillion current US$ | 1.25 trillion current US$ | 1.68 trillion current US$ | 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$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Australia?
- Gross value added at basic prices (gva) in Australia was 1.68 trillion current US$ 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 1.68 trillion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Australia?
- The lowest recorded value was 288.51 billion current US$ in 1990.
- How does Australia rank for gross value added at basic prices (gva)?
- Australia ranks 14th out of 207 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 33.1%. The long-run trend across the full record is volatile.
- 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) (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.