Gross Domestic Product of Australia fell 0.5 in the third quarter of 2016 compared to the previous quarter. This rate is 11-tenths of one percent less than in the previous quarter, when changed 0.6%.
The year-on-year change in GDP was 1.8%, 13-tenths of one percent less than the 3.1% recorded in the second quarter of 2016.
The GDP figure in the third quarter of 2016 was €286,833$256,881 million, Australia is number 11 in the ranking of quarterly GDP of the 48 countries that we publish.
Australia has a quarterly GDP per capita, of €11,981$11,981, €660 $660 higher than the same quarter last year, it was .
If we order the countries according to their GDP per capita, Australia is in 8th position of the 48 countries whose quarterly GDP we publish.