Services, value added (current LCU), annual growth rate in Australia
Australia: Services, value added (current LCU), annual growth rate was 5.81 % change on previous year in 2025. ▼ Falling
Services, value added (current LCU), annual growth rate in Australia, 1991–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (current lcu), annual growth rate in Australia is 5.81 % change on previous year, measured in 2025.
That represents a change of down 28.2% on the previous year and up 48.4% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Australia peaked at 10.75 % change on previous year in 2023 and was at its lowest, 2.05 % change on previous year, in 2020.
That places Australia 131st out of 204 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 35 years of available data.
Services, value added (current LCU), annual growth rate in Australia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 5.64 % change on previous year | — |
| 1992 | 2.98 % change on previous year | -47.1% |
| 1993 | 6.08 % change on previous year | +103.9% |
| 1994 | 5.02 % change on previous year | -17.6% |
| 1995 | 6.07 % change on previous year | +20.9% |
| 1996 | 6.78 % change on previous year | +11.7% |
| 1997 | 6.88 % change on previous year | +1.6% |
| 1998 | 6.14 % change on previous year | -10.8% |
| 1999 | 6.75 % change on previous year | +9.9% |
| 2000 | 6.64 % change on previous year | -1.7% |
| 2001 | 6.47 % change on previous year | -2.5% |
| 2002 | 6.57 % change on previous year | +1.6% |
| 2003 | 6.69 % change on previous year | +1.8% |
| 2004 | 7.55 % change on previous year | +13.0% |
| 2005 | 7.3 % change on previous year | -3.4% |
| 2006 | 6.97 % change on previous year | -4.6% |
| 2007 | 9.96 % change on previous year | +42.9% |
| 2008 | 8.58 % change on previous year | -13.8% |
| 2009 | 6.34 % change on previous year | -26.1% |
| 2010 | 6.02 % change on previous year | -5.1% |
| 2011 | 6.93 % change on previous year | +15.1% |
| 2012 | 6.69 % change on previous year | -3.5% |
| 2013 | 4.16 % change on previous year | -37.7% |
| 2014 | 3.16 % change on previous year | -24.1% |
| 2015 | 3.91 % change on previous year | +23.9% |
| 2016 | 3.55 % change on previous year | -9.3% |
| 2017 | 4.12 % change on previous year | +16.1% |
| 2018 | 4.24 % change on previous year | +2.9% |
| 2019 | 4.88 % change on previous year | +15.1% |
| 2020 | 2.05 % change on previous year | -58.0% |
| 2021 | 4.29 % change on previous year | +109.4% |
| 2022 | 7.74 % change on previous year | +80.4% |
| 2023 | 10.75 % change on previous year | +38.9% |
| 2024 | 8.09 % change on previous year | -24.8% |
| 2025 | 5.81 % change on previous year | -28.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.82 % change on previous year | 2.98 % change on previous year | 6.88 % change on previous year | 9 |
| 2000s | 7.31 % change on previous year | 6.34 % change on previous year | 9.96 % change on previous year | 10 |
| 2010s | 4.77 % change on previous year | 3.16 % change on previous year | 6.93 % change on previous year | 10 |
| 2020s | 6.45 % change on previous year | 2.05 % change on previous year | 10.75 % change on previous year | 6 |
Countries ranked near Australia
- 128 Morocco 5.94 % change on previous year compare
- 129 Malta 5.89 % change on previous year compare
- 130 Eswatini 5.88 % change on previous year compare
- 132 Slovenia 5.81 % change on previous year compare
- 133 Liechtenstein 5.74 % change on previous year compare
- 134 Bahrain 5.7 % 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)
- Services, value added (current US$), annual growth rate 4.46 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6749 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 43,958 current US$ per person (2025)
- Services, value added (current LCU), per unit of GDP 1.04 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 67,920 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.72 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.663 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 43,180 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (current lcu), annual growth rate in Australia?
- Services, value added (current lcu), annual growth rate in Australia was 5.81 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Australia?
- The highest recorded value was 10.75 % change on previous year in 2023.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Australia?
- The lowest recorded value was 2.05 % change on previous year in 2020.
- How does Australia rank for services, value added (current lcu), annual growth rate?
- Australia ranks 131st out of 204 countries with data for 2025.
- Is services, value added (current lcu), annual growth rate rising or falling in Australia?
- Over the last ten years it is up 48.4%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added 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 Services, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.