Gross Domestic Product of Australia fell 0.3 in the first quarter of 2020 compared to the previous quarter. This rate is 8 -tenths of one percent less than in the previous quarter, when changed 0.5%.
The year-on-year change in GDP was 1.4%, 8 -tenths of one percent less than the 2.2% recorded in the forth quarter of 2019.
The GDP figure in the first quarter of 2020 was €301,460$273,383 million, Australia is number 12 in the ranking of quarterly GDP of the 50 countries that we publish.
Australia has a quarterly GDP per capita, of €11,977$11,977, less than the same period last year, when it was €12,231 $12,231 .
If we order the countries according to their GDP per capita, Australia is in 8th position of the 50 countries whose quarterly GDP we publish.