Value of imported goods as a share of GDP in Australia
Australia: Value of imported goods as a share of GDP was 16.9% in 2024. ▲ Rising
Value of imported goods as a share of GDP in Australia, 1960–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Australia recorded 16.9% for value of imported goods as a share of gdp in 2024.
The figure is up 2.1% on the previous year and up 6.9% over ten years.
Over the whole period, value of imported goods as a share of gdp in Australia peaked at 19.4% in 2007 and was at its lowest, 8.8%, in 1972.
That places Australia 168th out of 201 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Value of imported goods as a share of GDP in Australia, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 12.4% | — |
| 1961 | 10.5% | -15.0% |
| 1962 | 11.3% | +7.4% |
| 1963 | 11.5% | +2.0% |
| 1964 | 12.5% | +8.2% |
| 1965 | 13.0% | +4.0% |
| 1966 | 12.0% | -7.2% |
| 1967 | 11.6% | -3.4% |
| 1968 | 12.1% | +4.3% |
| 1969 | 11.0% | -8.9% |
| 1970 | 10.9% | -1.2% |
| 1971 | 10.3% | -5.9% |
| 1972 | 8.8% | -14.7% |
| 1973 | 10.7% | +21.9% |
| 1974 | 12.5% | +16.7% |
| 1975 | 10.2% | -17.8% |
| 1976 | 10.7% | +4.5% |
| 1977 | 11.2% | +4.5% |
| 1978 | 12.0% | +7.2% |
| 1979 | 12.3% | +2.7% |
| 1980 | 13.8% | +11.8% |
| 1981 | 13.8% | +0.1% |
| 1982 | 12.6% | -8.1% |
| 1983 | 11.2% | -11.7% |
| 1984 | 12.3% | +10.4% |
| 1985 | 13.2% | +6.7% |
| 1986 | 13.0% | -0.8% |
| 1987 | 14.4% | +10.1% |
| 1988 | 14.3% | -0.3% |
| 1989 | 13.9% | -3.0% |
| 1990 | 13.7% | -1.7% |
| 1991 | 12.9% | -5.4% |
| 1992 | 13.6% | +5.1% |
| 1993 | 14.8% | +8.9% |
| 1994 | 16.9% | +14.1% |
| 1995 | 16.9% | +0.4% |
| 1996 | 16.6% | -1.8% |
| 1997 | 15.4% | -7.6% |
| 1998 | 16.5% | +7.4% |
| 1999 | 18.2% | +10.2% |
| 2000 | 17.0% | -6.7% |
| 2001 | 16.7% | -1.3% |
| 2002 | 18.4% | +9.7% |
| 2003 | 18.9% | +3.0% |
| 2004 | 17.8% | -6.1% |
| 2005 | 18.0% | +1.4% |
| 2006 | 18.6% | +3.3% |
| 2007 | 19.4% | +4.0% |
| 2008 | 18.8% | -2.9% |
| 2009 | 17.4% | -7.6% |
| 2010 | 17.1% | -1.6% |
| 2011 | 17.0% | -0.5% |
| 2012 | 16.5% | -2.8% |
| 2013 | 15.1% | -8.9% |
| 2014 | 15.9% | +5.3% |
| 2015 | 15.2% | -4.0% |
| 2016 | 16.3% | +7.3% |
| 2017 | 16.1% | -1.2% |
| 2018 | 16.4% | +1.8% |
| 2019 | 15.9% | -3.0% |
| 2020 | 15.9% | +0.0% |
| 2021 | 16.6% | +4.2% |
| 2022 | 17.8% | +7.3% |
| 2023 | 16.6% | -6.9% |
| 2024 | 16.9% | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.8% | 10.5% | 13.0% | 10 |
| 1970s | 11.0% | 8.8% | 12.5% | 10 |
| 1980s | 13.2% | 11.2% | 14.4% | 10 |
| 1990s | 15.5% | 12.9% | 18.2% | 10 |
| 2000s | 18.1% | 16.7% | 19.4% | 10 |
| 2010s | 16.2% | 15.1% | 17.1% | 10 |
| 2020s | 16.8% | 15.9% | 17.8% | 5 |
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)
- Total reserves minus gold (current US$), annual growth rate 14.07 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0345 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 2,249 current US$ per person (2025)
- General government final consumption expenditure (current US$) 7 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2315 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 15,077 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 8.39 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.3577 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in Australia?
- Value of imported goods as a share of gdp in Australia was 16.9% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Australia?
- The highest recorded value was 19.4% in 2007.
- What is the lowest value of imported goods as a share of gdp recorded in Australia?
- The lowest recorded value was 8.8% in 1972.
- How does Australia rank for value of imported goods as a share of gdp?
- Australia ranks 168th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Australia?
- Over the last ten years it is up 6.9%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).