NAAG Chapter 2: Income — Real net national income in Australia

Australia: NAAG Chapter 2: Income — Real net national income was 108.21 Index in 2024. ◆ Volatile

Latest (2024)
108.21 Index
Change on year
up 0.8%
World rank
18th
of 26 countries
All-time high
108.21 Index
in 2024
All-time low
20.32 Index
in 1970
Years of data
55
1970–2024

NAAG Chapter 2: Income — Real net national income in Australia, 1970–2024

20406080100197019972024

Source: Organisation for Economic Co-operation and Development. Measured in Index.

Analysis

Australia recorded 108.21 Index for naag chapter 2: income — real net national income in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 0.8% on the previous year and up 29.0% over ten years.

Over the whole period, naag chapter 2: income — real net national income in Australia peaked at 108.21 Index in 2024 and was at its lowest, 20.32 Index, in 1970.

Australia ranks 18th of 26 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

NAAG Chapter 2: Income — Real net national income in Australia, year by year

Annual values for NAAG Chapter 2: Income — Real net national income in Australia, 1970 to 2024.
Year Index Change
1970 20.32 Index
1971 21.08 Index +3.8%
1972 22.44 Index +6.4%
1973 23.56 Index +5.0%
1974 23.14 Index -1.8%
1975 23.21 Index +0.3%
1976 24.03 Index +3.5%
1977 23.94 Index -0.4%
1978 25.26 Index +5.5%
1979 26.12 Index +3.4%
1980 27.2 Index +4.1%
1981 27.95 Index +2.8%
1982 27.49 Index -1.7%
1983 28.97 Index +5.4%
1984 30.09 Index +3.9%
1985 30.61 Index +1.7%
1986 30.78 Index +0.6%
1987 33.13 Index +7.6%
1988 35.07 Index +5.9%
1989 36.01 Index +2.7%
1990 35.11 Index -2.5%
1991 35.06 Index -0.2%
1992 36.71 Index +4.7%
1993 38.15 Index +3.9%
1994 39.45 Index +3.4%
1995 41.41 Index +5.0%
1996 43.61 Index +5.3%
1997 45.56 Index +4.5%
1998 47.37 Index +4.0%
1999 49.84 Index +5.2%
2000 50.86 Index +2.1%
2001 53.18 Index +4.6%
2002 55.09 Index +3.6%
2003 58.59 Index +6.4%
2004 60.69 Index +3.6%
2005 63.4 Index +4.5%
2006 66.32 Index +4.6%
2007 70.03 Index +5.6%
2008 72.88 Index +4.1%
2009 73.43 Index +0.8%
2010 78.56 Index +7.0%
2011 82.96 Index +5.6%
2012 83.47 Index +0.6%
2013 84.35 Index +1.0%
2014 83.89 Index -0.5%
2015 83.43 Index -0.5%
2016 87.97 Index +5.4%
2017 90.48 Index +2.8%
2018 93.75 Index +3.6%
2019 94.57 Index +0.9%
2020 100 Index +5.7%
2021 104.3 Index +4.3%
2022 107.24 Index +2.8%
2023 107.31 Index +0.1%
2024 108.21 Index +0.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s 23.31 Index 20.32 Index 26.12 Index 10
1980s 30.73 Index 27.2 Index 36.01 Index 10
1990s 41.23 Index 35.06 Index 49.84 Index 10
2000s 62.45 Index 50.86 Index 73.43 Index 10
2010s 86.34 Index 78.56 Index 94.57 Index 10
2020s 105.41 Index 100 Index 108.21 Index 5

Countries ranked near Australia

  1. 15 Belgium 111.87 Index compare
  2. 16 France 111.33 Index compare
  3. 17 Sweden 108.27 Index compare
  4. 19 South Africa 107.89 Index compare
  5. 20 Japan 105.62 Index compare
  6. 21 Hungary 105.08 Index compare

See the full ranking of 36 places →

More economy & growth data for Australia

All data for Australia →

Frequently asked questions

What is naag chapter 2: income — real net national income in Australia?
Naag chapter 2: income — real net national income in Australia was 108.21 Index in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest naag chapter 2: income — real net national income recorded in Australia?
The highest recorded value was 108.21 Index in 2024.
What is the lowest naag chapter 2: income — real net national income recorded in Australia?
The lowest recorded value was 20.32 Index in 1970.
How does Australia rank for naag chapter 2: income — real net national income?
Australia ranks 18th out of 26 countries with data for 2024.
Is naag chapter 2: income — real net national income rising or falling in Australia?
Over the last ten years it is up 29.0%. The long-run trend across the full record is volatile.
Where does this Australia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 2: Income — Real net national income. Statizoid updates them automatically from the source API.

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NAAG Chapter 2: Income — Real net national income in Australia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/naag-chapter-2-income-real-net-national-income/australia/

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About this data

Indicator
NAAG Chapter 2: Income — Real net national income
Unit
Index
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
36 places, 1,569 data points, 1970–2025
Last refreshed

The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.