Gross Domestic Product of Australia grew 0.2% in the third quarter of 2023 compared to the previous quarter. This rate is 2 -tenths of one percent "} less than the figure of 0.4% published in the second quarter of 2023.
The year-on-year change in GDP was 2.1%, 1 -tenth of one percent more than the 2% recorded in the second quarter of 2023.
The GDP figure in the third quarter of 2023 was €393,723$361,745 million, Australia is number 12 in the ranking of quarterly GDP of the 53 countries that we publish.
Australia has a quarterly GDP per capita, of €15,280$15,280, less than the same period last year, when it was €16,501 $16,501 .
If we order the countries according to their GDP per capita, Australia is in 8th position of the 53 countries whose quarterly GDP we publish.
Here we show you the progression of the GDP in Australia. You can see GDP in other countries in GDP and see all the economic information about Australia in Australia's economy.